World Markets
Europe markets close higher with Fed in focus; UK net borrowing higher than expected
LONDON — European stock markets closed higher Wednesday, rebounding after snapping a long winning streak on Tuesday. The pan-European Stoxx 600 index provisionally closed 0.32% higher on Wednesday as nearly all sectors traded positive. Autos climbed 1.45% and mining stocks added 1.02%, while telecoms dipped 0.24%. The regional benchmark closed in the red on Tuesday, snapping a strong […]
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‘Pick a number’: Strategist says the U.S. dollar will drift much lower against the Japanese yen
A pedestrian walks past a display board showing the currency exchange rate between the US dollar and the Japanese yen, along a street in Tokyo on August 5, 2024. Richard A. Brooks | Afp | Getty Images The U.S. dollar is likely to continue to drift lower against the Japanese yen over the coming months, […]
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Asia-Pacific markets set for lower open as Wall Street rally falters, Japan trade data on deck
A flag of Japan flies near cargo containers at Tokyo’s Odaiba Waterfront on August 6, 2020. BEHROUZ MEHRI | Contributor | Getty Images Asia-Pacific markets are set to open lower on Wednesday, tracking Wall Street as both the S&P500 and Nasdaq Composite snapped an eight day winning streak. The S&P 500 slid 0.2%, while the Nasdaq Composite shed 0.33%. […]
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European stocks cautiously higher as market uncertainty lingers; Sweden’s Riksbank cuts rates
Casper Hedberg | Bloomberg | Getty Images LONDON — European stocks were cautiously higher Tuesday, with market uncertainty lingering over the outlook for interest rate cuts. The pan-European Stoxx 600 index was up 0.15% in early deals, with sectors and major bourses trading in mixed territory. Tech stocks added 1.28%, while oil and gas fell […]
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Asia-Pacific markets climb; China loan prime rates and RBA minutes in focus
Melbourne city centre skyline alongside the Yarra River. Loop Images | Universal Images Group | Getty Images Asia-Pacific markets climbed across the region on Tuesday, tracking Wall Street’s rally and ahead of key economic data from China. China’s central bank will announce its one-year and five-year loan prime rates, with a poll of economists from […]
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European markets start the new trading week in mixed territory
London’s Bishopsgate, the British capital’s financial district. Vuk Valcic | Sopa Images | Lightrocket | Getty Images LONDON — European stocks started the new trading week in mixed territory, after global markets rallied last week. The pan-European Stoxx 600 index was marginally lower in opening deals, down 0.08%, with sectors and major bourses diverging. Tech […]
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