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Archive for the May 12, 2017

  • US Treasury yields were little changed on Wednesday as a weak 10-year note auction offset concerns about a political storm over US President Donald Trump's ouster of the FBI chief that could hinder his plans

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  • Indian shares edged up at the close of trade on Thursday after retreating from record highs earlier in the day, with auto stocks boosted by expectations interest rates will fall after an official forecast of

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  • China stocks reversed earlier losses to end higher on Thursday, with sentiment helped by expectations that the central bank will inject funds via its medium-term lending facility on Friday. The blue-chip CSI300 index rose 0.6

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    • News Desk
    • May 12th, 2017
    • Comments Off on Spanish stocks lead European pull-back with worst day in six months

    European shares pulled back on Thursday with Spanish blue chips suffering their biggest one-day loss in six months, weighed down by losses among banks, while Italian lender UniCredit shone after solid results. Traders said equities

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    • News Desk
    • May 12th, 2017
    • Comments Off on Australian shares off gains; New Zealand up

    Australian shares ended little changed on Thursday, shedding most of the gains recorded earlier in the session, as strength in financials, healthcare and consumer stocks was offset by declines in the telecom sector. The S&P/ASX

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  • Most Southeast Asian stock markets rose on Thursday, with Singapore posting its highest close in 21 months, while Thailand extended its decline into a fourth session to hit its lowest close in nearly two months.

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    • News Desk
    • May 12th, 2017
    • Comments Off on Results, downgrades keep Britain’s FTSE under pressure

    Britain's top-share index steadied at one-month highs on Thursday after five straight sessions of gains as disappointing results and downgrades weighed, as well as a slump in Hikma's shares after a setback to one of

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  • The dollar edged lower after notching an eight week high against the yen on Thursday in Asian trade, while the New Zealand dollar tumbled after its central bank suggested a tightening was further out than

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    • News Desk
    • May 12th, 2017
    • Comments Off on New Zealand, Canadian dollars sink in Europe

    The New Zealand dollar sank to an almost one-year low and its Canadian counterpart by roughly half a percent on Thursday as domestic concerns outweighed a bounce in oil prices for the commodity-focused currencies. The

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    • News Desk
    • May 12th, 2017
    • Comments Off on Early trade in NY: Dollar sinks against yen

    The US dollar fell for the first time in five days against the yen on Thursday as investors locked in recent gains and amid concerns after US President Donald Trump unexpectedly dismissed the Federal Bureau

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