Asian stocks rise after positive news from US and China
The latest data from the two largest economies in the world showed signs that the economy is recovering. A survey of consumer confidence in the United States reported higher than expected numbers while China’s manufacturing sector seems to be gradually recovering from its temporary slowdown. Positive reports from the United States and China fed into More...
Nigerian Reserves on the Rise, Yen Falls
After the markets opened on Wednesday, the euro began to rise. Over the day, it gained 0.4 percent to reach $1.3014 versus the United States dollar. This marks the strongest level for the euro in almost a week. More...
Chinese Yuan Reaches 19 Year High
Some data indicates that China’s economy is performing better than expected. After a brief manufacturing slump, the globe’s second-biggest economy shows signs of growth in investments and exports. A private More...
US Dollar Reaches Four-Month Peak
On Friday, the United States dollar rose to a four-month peak against the Japanese yen. Many expect that the Bank of Japan will enact new fiscal easing policies at their meeting next week. If they do, the dollar’s More...
S&P Beats Five-Day Slump
On Thursday, stocks in the United States are expected to open at higher levels than they have for the last week. In the last five days, the Standard & Poor’s 500 index has had its worst slide for five months. More...
Emerging Markets Hit by Consumer Sentiment
As Wednesday’s trading session opened up in Asia, the United States dollar stayed near a three-month high versus the Japanese yen. Investors are speculating that the Bank of Japan may enact new fiscal easing measures. More...
US Stocks Barely Rise
During the last hour of trading on Monday, stock markets in the United States rose enough for the day to end slightly ahead. The earlier fall in share prices was attributed to corporate earnings reports. Companies More...
Euro Summit Concludes
During trading on Friday, the euro dropped against the United States dollar. The conclusion of the EU meeting in Brussels brought with few answers to dealing with the debt crisis in Europe. Earlier in the week, More...
Trading of Google Shares Halted
Corporate earnings for the third-quarter caused investor confidence to dim. Amid an ongoing debt calamity in Europe, McDonald’s and General Electric posted weaker than expected earnings. Stocks around the world More...
Euro Reaches One-Month High Versus the Greenback
During the Asian trading session on Thursday, the euro rose to a one-month high versus the United States dollar. As Spanish bond yields fell, the United States released strong data from the housing market. China More...