Financial
ECB optimism lifts global shares, euro PDF Print E-mail
Tuesday, 21 August 2012 15:39
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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.
 
Euro, stocks lower after ECB downplays bond report PDF Print E-mail
Monday, 20 August 2012 09:34
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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.
 
Wall Street dips at open, healthcare up PDF Print E-mail
Monday, 20 August 2012 09:32
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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.
 
Platinum hits six-week high on South Africa violence PDF Print E-mail
Friday, 17 August 2012 12:51
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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.
 
Global stocks rise on German backing for ECB bond action PDF Print E-mail
Friday, 17 August 2012 12:45
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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.
 
Oil steady near three-month highs on supply worries PDF Print E-mail
Thursday, 16 August 2012 12:52
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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.
 
Global stocks rise, dollar falls as U.S. data weigh PDF Print E-mail
Thursday, 16 August 2012 12:46
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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.
 
Brent rises above $116 to three-month high on tight supply PDF Print E-mail
Wednesday, 15 August 2012 14:54
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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.
 
Global stocks steady, bonds slip on stimulus uncertainty PDF Print E-mail
Wednesday, 15 August 2012 14:52
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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.
 
Wall Street higher after retail sales, Home Depot PDF Print E-mail
Tuesday, 14 August 2012 11:08
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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.
 
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