LONDON — Stocks made some modest gains Friday at the end of a week that’s been dominated by speculation over when the U.S. Federal Reserve will start reducing its stimulus. Aside from a whopping 13 percent fall in U.S. new home sales in July, there’s been little economic news to […]Read more ›
Post Tagged with: "Currency markets"
LONDON — Financial markets were ending the week on a subdued tone Friday, as expectations grew that the Federal Reserve will soon start to reduce its monetary stimulus. Chinese shares, by contrast, had a hugely volatile day after a trading frenzy that was blamed on one brokerage’s mistaken computerized orders. […]Read more ›
LONDON — A fall in weekly U.S. jobless claims to a near six-year low Thursday reinforced expectations that the Federal Reserve will start to reduce its monetary stimulus next month, sending stocks sharply lower and the dollar up. The Labor Department reported that weekly claims slid 15,000 last week to […]Read more ›
BANGKOK — Asian stock markets fell Wednesday, led by a tumble in Tokyo’s benchmark, as expectations mounted that the U.S. central bank will begin to phase out its monetary stimulus next month. Positive U.S. trade data and comments by a Federal Reserve bank regional president increased speculation that the Fed […]Read more ›
WALLSTREET — Stocks drifted lower Tuesday as investors awaited further clues as to whether the U.S. Federal Reserve will start reducing its monetary stimulus as soon as next month. Chicago Fed President Charles Evans will give a speech later in the day. Being a long-standing supporter of the monetary stimulus […]Read more ›
MILAN — Strong eurozone unemployment data combined with better-than-expected U.S. jobs and economy figures to give a modest boost to stock markets on Wednesday. Eurostat figures showed the number of unemployed across the 17 European Union nations fell for the first time since April 2011, providing further hope that the […]Read more ›