Financial

ECB optimism lifts global shares, euro

Tuesday, 21 August 2012 15:39
Tweet Global stocks rose to 3-1/2 month highs on Tuesday and the euro jumped to a seven-week peak against the U.S. dollar on hopes the European Central Bank will soon start buying Spanish and Italian bonds to contain the debt crisis. Read more Add comment (0)

Euro, stocks lower after ECB downplays bond report

Monday, 20 August 2012 09:34
Tweet Shares and the euro fell on Monday after the European Central Bank poured cold water on a report that its new crisis fighting plan could include buying euro zone countries' bonds if their borrowing costs breached certain levels. Read more Add comment (0)

Wall Street dips at open, healthcare up

Monday, 20 August 2012 09:32
Tweet Wall Street was set to open little changed on Monday after posting six weeks of gains, but insurer Aetna's (AET.N) purchase of rival Coventry Health Care (CVH.N) for $5.7 billion showed companies are still seeing value in the market. Read more Add comment (0)

Platinum hits six-week high on South Africa violence

Friday, 17 August 2012 12:51
Tweet Platinum group metals rallied on Friday on supply fears after mass killings in South Africa shut production at number three platinum miner Lonmin, while gold prices retreated from early highs as the dollar recovered lost ground. Read more Add comment (0)

Global stocks rise on German backing for ECB bond action

Friday, 17 August 2012 12:45
Tweet Global shares edged higher and the dollar rose on Friday after apparent support from German Chancellor Angela Merkel for European Central Bank intervention to calm the euro zone's debt troubles helped buoy investor sentiment for a second day. Read more Add comment (0)

Oil steady near three-month highs on supply worries

Thursday, 16 August 2012 12:52
Tweet Oil gave up its early gains on Thursday after a survey showed weakening U.S. business conditions but losses were limited by a firmer euro, worries over possible disruptions to supply from the Middle East and a drop in U.S. oil inventories. Read more Add comment (0)

Global stocks rise, dollar falls as U.S. data weigh

Thursday, 16 August 2012 12:46
Tweet World shares rose to near 3-1/2 month highs on Thursday, following hints that global growth engine China is eyeing new support for its economy, while mildly disappointing U.S. data weakened the dollar. Read more Add comment (0)

Brent rises above $116 to three-month high on tight supply

Wednesday, 15 August 2012 14:54
Tweet Brent crude oil futures extended gains on Wednesday to above $116 a barrel, the highest in more than 3 months, as a sharp drawdown in U.S. crude stockpiles combined with expected lower North Sea oil output to paint a tighter supply picture on both sides of the Atlantic. Read more Add comment (0)

Global stocks steady, bonds slip on stimulus uncertainty

Wednesday, 15 August 2012 14:52
Tweet Global shares held near their highest level since May on Wednesday on hopes of more central bank stimulus for struggling economies, but uncertainty about the extent and timing of any moves hurt the euro and safe-haven U.S. and German government bonds. Read more Add comment (0)

Wall Street higher after retail sales, Home Depot

Tuesday, 14 August 2012 11:08
Tweet Wall Street advanced on Tuesday after retail sales data suggested a return of consumer spending may lift economic growth and the world's largest home improvement chain Home Depot (HD.N) raised its profit forecast for the year. Read more Add comment (0)

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