LONDON (Reuters) – The euro pulled out of its recent dive and the dollar eased off the accelerator pedal on Thursday, as markets took a breather after a week of breakneck moves in the world’s two biggest currencies. The pause by the dollar gave some respite to emerging markets as well as oil and commodities Read More
Author: Cac Futures
By Hideyuki Sano TOKYO (Reuters) – The prospects of higher U.S. interest rates buoyed the dollar but also kept share prices in many countries in check on Thursday, with Asian stocks hovering around seven-week lows. The dollar’s index against a basket of six major U.S. trader partners hit a 12-year high of 99.985 on Wednesday Read More
By Hideyuki Sano TOKYO (Reuters) – The prospects of higher U.S. interest rates buoyed the dollar but also kept share prices in many countries in check on Thursday, with Asian stocks hovering around seven-week lows. The dollar’s index against a basket of six major U.S. trader partners hit a 12-year high of 99.985 on Wednesday Read More
European equities closed higher on Wednesday, bouncing back heavy losses seen in the previous session, with stocks of exporting companies boosted by the falling euro (Exchange:EUR=). Euro zone stock indexes enjoyed a broad rally across major bourses and sectors-with the exception of Greece. Read More Tensions high as Greece makes WWII payback threats The German Read More
These are blatant signs of accelerated downdraft. So I predict the ‘Standing Committee’ would act sooner rather than later. Especially in the employment sector, I read that Chinese youth, particularly new college graduates, are now facing increasing difficult labor market. After all, their higher education sector has grown and mushroomed tremendously in the past decade Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks skidded to a two-month low on Wednesday as nervous markets recoiled on worries about an earlier U.S. interest rate hike, a prospect that sent the dollar to a 12-year high against the euro. MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> was down 0.4 percent after Read More
By Leila Abboud PARIS (Reuters) – France’s low-cost telecoms group Iliad upgraded its entry-level broadband offer with the launch on Tuesday of a new, more powerful set-top box but did not cut mobile prices, comforting rivals who had feared the reigniting of a price war. After Iliad’s billionaire founder Xavier Niel unveiled the Freebox Mini Read More
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European equities were lower on Monday amid speculation that Friday’s better-than-expected U.S. jobs report will lead the Federal Reserve to hike rates soon. The pan-European Euro Stoxx 600 index (^STOXX) was lower with all major bourses and sectors in negative territory at the start of the week. Stronger-than-expected U.S. nonfarm payrolls on Friday added to Read More
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