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Archive for the May 17, 2017

  • US Treasury yields fell from session highs on Monday after a New York state manufacturing survey turned negative for the first time since October, adding to a recent string of weakening data. The Empire State

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  • US Treasury yields fell from session highs on Monday after a New York state manufacturing survey turned negative for the first time since October, adding to a recent string of weakening data. The Empire State

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  • Sri Lankan shares hit a one-year closing high on Tuesday with foreign investors buying blue chips such as John Keells Holdings Plc and as the island nation regained a trade concession from the European Union

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  • Indian shares closed at a record high on Tuesday, with the broader NSE index crossing 9,500 points intraday for the first time ever, as expectations of good monsoon rains eased inflation fears and bolstered the

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  • China stocks reversed earlier losses to end higher for the fourth straight day on Tuesday, as investors were relieved by central bank efforts to boost liquidity in the financial system even as regulators announced fresh

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    • News Desk
    • May 17th, 2017
    • Comments Off on Earnings drag on European shares, though Vodafone lifts telcos

    European shares ended little changed on Tuesday as disappointing earnings updates weighed on banks and pharma stocks, but a well-received outlook from Vodafone helped Britain's FTSE 100 touch a record high. Germany's DAX also hit

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  • Australian bank stocks ended Tuesday in the red, as National Australia Bank dropped 3.5 percent as it traded ex-dividend, but all other sectors closed in positive territory, lifted by recovering commodity and metal prices. The

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  • Most Southeast Asian stock markets ended flat to lower on Tuesday with Singapore closing at its weakest level in nearly two weeks as industrials including heavyweight Jardine Matheson saw heavy selling. Singapore shares have been

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    • News Desk
    • May 17th, 2017
    • Comments Off on Vodafone powers Britain’s FTSE to new record high

    Britain's main share index scaled yet another record high on Tuesday, scoring nine days of gains in a row, as Vodafone shares jumped after it forecast earnings growth ahead. The FTSE 100 ended up 0.9

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  • The euro touched a one-week high on Tuesday ahead of the release of euro zone gross domestic product data, as the dollar struggled to gain traction in the wake of a surprisingly soft US manufacturing

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