LONDON, July 25 (Reuters) – Global equities rose on Tuesday, buoyed by a rally in Asia, where the yuan rallied after China pledged to step up support for its sputtering economy, while signs of a slowdown in European growth dented the euro. China’s top leaders pledged late Monday to provide more aid to the economy,…
SINGAPORE — Asian stocks rose and the British pound tumbled on Thursday as cooling UK inflation lifted risk appetite ahead of central bank meetings next week, while disappointing earnings results from Netflix and Tesla pushed US futures lower. Meanwhile, the Chinese yuan skyrocketed after authorities adjusted cross-border financing rules and major state-owned banks sold dollars…
©Reuters. Investing.com — Oil prices were little moved in Asian trading on Wednesday following strong gains in the previous session, as traders awaited more signals on stimulus spending from major importer China, while official data on US inventories was also expected later in the day. Crude oil prices rose sharply on Tuesday after Chinese officials…
(Bloomberg) – The stock market saw another session of mild movement as traders hesitated to make significant bets ahead of key inflation data that will help shape the outlook for the Federal Reserve’s next moves. Most read from Bloomberg With less than 24 hours to go until the release of the June consumer price index,…
HONG KONG, Jul 11 (Reuters) – Asian stocks rallied on Tuesday and the safe haven dollar fell on Tuesday as investors hoped this week’s US inflation data would support an impending end to rate hikes and welcomed the prospect of China’s economic stimulus to support the stagnation. grow. Markets are awaiting US inflation data expected…
* Weak data on China fuels stimulus hopes * The Turkish lira falls sharply to a new record low * Hungary’s industrial production is falling * EM FX Muted, Stocks Up 0.6% By Siddarth S and Amruta Khandekar June 7 (Reuters) – Emerging market equities rose on Wednesday as hopes of an economic stimulus from…
(Bloomberg) – Stocks in Asia are set to reach their highest closing price in nearly four months, buoyed by a rally in Hong Kong stocks amid hopes of stimulus in China and a positive sign in geopolitics. Most read from Bloomberg An Asian equity measure gained as much as 0.4% while Hong Kong’s Hang Seng…
HONG KONG, June 6 (Reuters) – Chinese real estate stocks listed in Hong Kong (.HSMPI) rose as much as 7.9% on Tuesday as investors clung to hopes that Beijing would soon take more supportive measures to bolster the embattled sector. Once a pillar of economic growth, the sector has weakened since April after a short-lived…