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Archive for the January 7, 2017

  • China stocks ended lower on Friday as the New Year rally showed signs of fatigue, with a stronger yuan lending little support to equities. The bluechip CSI300 index fell 0.6 percent, to 3,347.67 points, while

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    • News Desk
    • Jan 7th, 2017
    • Comments Off on European shares close up from lows after US jobs data

    European stocks rallied from lows on Friday after a stronger than anticipated increase in earnings in a flagship US jobs report made up for a weaker-than-forecast payrolls figure. The benchmark STOXX 600 index posted its

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  • Sri Lankan shares edged higher on Friday, ending a five-day losing streak and recovering from a nine-month low hit in the prior session as investors picked up battered down shares. Foreign investors turned net buyers

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    • News Desk
    • Jan 7th, 2017
    • Comments Off on Southeast Asian stocks end higher

    Southeast Asian stock markets ended higher on Friday, as uncertainty over incoming President Donald Trump's policies weighed on the dollar and US bond yields, boosting risk appetite for emerging markets. The dollar's index against a

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    • News Desk
    • Jan 7th, 2017
    • Comments Off on FTSE posts record close to round off fifth straight weekly gain

    Britain's top share index posted a record high close on Friday, rounding off its fifth straight week of gains, after US non-farm payrolls data showed fewer jobs than expected but growth in wages. The FTSE

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    • News Desk
    • Jan 7th, 2017
    • Comments Off on Dollar moves away from three-week low in Asia

    The dollar crawled up on Friday as the dust settled from its tumble overnight to a three-week low, although gains were limited ahead of the US non-farm payrolls due out later in the session. The

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  • The dollar clawed back ground on Friday but was heading for a second straight weekly loss, having tumbled the previous day on a rare piece of poor US data and apparent action by Chinese authorities

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    • News Desk
    • Jan 7th, 2017
    • Comments Off on Early trade in New York: dollar springs back as solid US jobs report

    The dollar rose on Friday, boosted by a solid US jobs report, but was headed for a second straight weekly loss after tumbling the day before on mixed US economic data and apparent action by

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    • News Desk
    • Jan 7th, 2017
    • Comments Off on Dollar falls to three-week low in New York

    The dollar fell to a three-week low against a basket of major currencies on Thursday after US inflation and unemployment data failed to reverse a downtrend that followed some of the biggest gains on record

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    • News Desk
    • Jan 7th, 2017
    • Comments Off on Offshore yuan set for biggest weekly gain

    China's offshore yuan pared some of its sharp gains racked up this week, but is still on course for its biggest weekly rise after Beijing was suspected of pushing up overnight borrowing costs to discourage

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