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World stocks bounce back
Investors boosted global stocks strongly on Tuesday and sold the dollar, lifting equities off six- and seven-week lows. MSCI’s all-country world stock index was up 0.8 percent, with Europe putting in gains of around 1.5 percent.
The world index is still down more than 10 percent for the year. Stocks were weaker on Monday in response [...]
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- Tags: euro, global stocks, market stocks, Nikkei
Greek exploding debt crisis eclipsed all else on financial markets on Wednesday,
`Greece’s exploding debt crisis eclipsed all else on financial markets on Wednesday, knocking down global stocks and pushing the euro for a time to a one-year low against the dollar. A day after ratings agency Standard & Poor’s downgraded Greek government debt to “junk” status, the 2-year Greek bond yield rose above 22 percent, 10-year [...]
Asian stocks edged up on Friday,
Asian stocks edged up on Friday, heading for a fifth straight week of gains, with energy stocks outperforming as oil held above $82 a barrel.
The yen dipped, dented by speculation the Bank of Japan could further loosen its monetary policy in the near term, while the dollar eased ahead of what is expected to be [...]
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- Tags: Asian stocks, dollar, European shares, global stocks
Bank shares lead global stocks higher
Global stocks rose to seven week highs on Friday led by bank shares after talks on U.S. banking reform collapsed, while speculation the Bank of Japan may soon ease monetary policy weighed on the yen.
Oil held its ground above $82 a barrel, poised for a second consecutive weekly increase on views that energy demand would [...]
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- Tags: Barclays, dollar, global stocks, MSCI
World stocks gain
Global stocks advanced Monday amid new hopes of a bailout for debt-ridden Greece and as slower Chinese manufacturing eased worries the government would accelerate steps to cool the world’s third-largest economy.
European shares opened up and major Asian markets posted their second day of gains. Oil climbed above $80 while copper prices shot higher after the [...]
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- Tags: European shares, global stocks, government, Investors
World stocks slid and oil slumped more than 3 percent on Thursday
Global stocks slid and oil slumped more than 3 percent on Thursday after weak US jobless and durable goods data added to investor Global factors investor need to track
nervousness about the sustainability of an economic recovery in a market already rattled by a possible Greek debt downgrade.
The yen and the dollar, traditional safe-haven currencies, rose, [...]
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- Tags: dollar, equity, European shares, global stocks
D-Street to remain volatile
Dalal Street is likely to witness volatile trade this week with a downward bias taking cues from global markets as concerns about debt repayment problems in Dubai loom large over markets worldwide, analysts said.
Brokers said market had treaded into the overbought zone and needed a trigger to undergo correction. Weakness in the street may continue [...]
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- Tags: Dalal Street, global stocks, Indian markets, market
Domestic shares climbed 0.6% on Friday
Domestic shares climbed 0.6% on Friday and helped post their first weekly rise in three weeks, with banks leading the rebound as investors picked bargains after last month’s fall.
Gains in global stocks after the US Labor Department said initial claims for state unemployment benefit had dropped to its lowest level since early January also underpinned [...]
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- Tags: domestic shares, global stocks, ICICI Bank, SBI, Tata steel
World stocks hit
World stocks hit a new 12-month high on Tuesday, powered by strong results from Apple Inc and Texas Instruments and helping to push the dollar to a new 14-month low against a basket of currencies.
The strength in global stocks, up 75 percent from crisis lows, boosted optimism on corporate earnings and the global recovery, encouraging [...]
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- Tags: global stocks, gold, MSCI, World stocks