Archive for the May 6, 2017
-
US Treasury yields rose on Thursday after strong labour data reinforced expectations the Federal Reserve was likely to raise interest rates again in June, and as investors waited on Friday's highly anticipated jobs report for
Read More -
European shares surged to a fresh 21-month high on Friday, spurred by strong earnings updates, supportive economic data and easing political worries ahead of Sunday's run-off vote in the French presidential election. Centrist Emmanuel Macron
Read More -
Australian shares fell to their lowest in two weeks, and logged their steepest weekly fall since early February, as a dip in oil and metal prices brought energy and material stocks lower. The S&P/ASX 200
Read More -
Philippine shares rose 1 percent on Friday to post their highest close since August 2016, supported by positive inflation data and foreign investor buying, while other Southeast Asian markets finished flat to lower, hurt by
Read More -
Robust earnings and strength in resources-linked stocks helped Britain's top share index rise on Friday, sealing its best week in two months, with Pearson the standout performer. Britain's blue chip FTSE 100 index rose 0.7
Read More -
The Canadian dollar set a 14-month low and the Australian dollar hit a four-month trough as oil prices slid on Friday, while the safe haven yen edged higher as risk sentiment wavered. The Canadian dollar
Read More -
The Canadian and Australian dollars recovered from multi-month lows on Friday, trimming losses arising from a dip in oil prices, while the euro backed away from a six-month high ahead of Sunday's presidential election in
Read More -
The US dollar hit its lowest level in roughly six months against the euro on Friday after data showing US jobs growth rebounded sharply in April was not enough to shake investors' bullishness toward the
Read More -
The euro reached a roughly six-month high against the US dollar on Thursday on greater certainty centrist Emmanuel Macron will win France's presidential election, along with expectations of further European Central Bank stimulus reduction. The
Read More -
Most Asian currencies edged lower on Friday as fresh falls in commodity prices raised concerns about the health of the global economy. Chinese iron ore futures plunged to their lowest since January, extending this week's
Read More