07292016Fri
Last update: Fri, 29 Jul 2016 10am

Markets - Equity

Markets - Equity - Asia

Asia markets move cautiously ahead of bank meetings HONG KONG: Tokyo stocks sank on a strong yen as traders await central bank meetings in Japan and the United States this week, while other Asian markets fluctuated following a negative lead from Wall Street.Promises of monetary easing after last month's shock British EU exit vote led a surge in shares -- and record highs on Wall Street -- but a degree of nervousness has set in as two of the biggest central banks prepare to meet.The Federal Reserve concludes its gathering Wednesday and although it is not expected to make any big announcement, its statement will be pored over for clues about policy following a run of strong data that have fanned talk of an interest rate rise.The Bank of Japan, which closes its meeting Friday, is widely considered to be lining up a huge addition to its already vast bond-buying scheme, sending the yen tumbling and the Nikkei ...


Markets - Equity - Asia

Tokyo shares down by break on yen rally TOKYO: Tokyo shares dropped on Tuesday morning as a rally in the yen and another fall in oil prices dented sentiment ahead of closely watched US and Japanese central bank meetings.Japanese equities opened lower, tracking a negative lead from Wall Street where the main indexes moved off last week's record highs on profit-taking and a drop in crude prices.The Bank of Japan is widely considered to be lining up more easing measures, expectations of which ...

Markets - Equity - Australia

Australia shares look flat as NZ shares edge lower SYDNEY: Australian shares look set for a flat start to trading on Tuesday, tracking Wall Street's retreat from record highs overnight.Local share price index futures rose by just 1 point to 5,848, a 49.6-point discount to the underlying S&P/ASX 200 index close.The benchmark rose 0.64 percent on Monday.New Zealand's benchmark S&P/NZX 50 index edged lower in early trade, falling 17.41 points or 0.24 percent to 7.299.9.Copyright Reuters, 2016

Markets - Equity - Americas

Latam stocks, currencies fall ahead of Fed, BoJ meetings SAO PAULO: Latin American currencies and stocks ended mostly lower on Monday as traders avoided risky bets ahead of this week's US Federal Reserve and Bank of Japan policy meetings.Traders overwhelmingly bet the Fed will hold interest rates steady on Wednesday, growing expectations that it could tighten policy later this year weighed on appetites for higher-yielding but riskier emerging market assets.In Mexico, the stock index closed down 0.86 percent, partly driven by Grupo Mexico which ...

Markets - Equity - Americas

German business resilience buoys eurozone shares NEW YORK: Eurozone stock markets scored small gains Monday buoyed by resilient German post-Brexit business sentiment, while London and Wall Street tumbled on profit-taking and the drag from another fall in oil prices.But the action was all somewhat tentative as traders awaited Japanese and US central bank meetings this week for possible hints of future monetary policy action.Frankfurt's benchmark DAX 30 index rose 0.5 percent in value after a key survey showed that Britain's vote ...

Markets - Equity - Americas

US markets tumble on sinking crude prices NEW YORK: Another sharp fall in oil prices pulled down energy stocks on Wall Street Monday, pushing the main US indices to a loss after last week's record highs.Meanwhile, Yahoo shares tumbled after Verizon announced it would buy the company's web properties for $4.8 billion.The Dow Jones Industrial Average finished down 0.4 percent from Friday's close at 18,493.06.The broader S&P 500 fell 0.3 percent at 2,168.48 and the tech-heavy Nasdaq dropped 0.1 percent at 5,097.63.US ...

Markets - Equity - Americas

Wall Street drops as energy shares slump NEW YORK: US stocks receded from record highs on Monday as oil weighed on energy shares and investors awaited an avalanche of quarterly reports. The Dow Jones industrial average fell 78.34 points, or 0.42 percent, to 18,492.51, the S&P 500 lost 6.53 points, or 0.3 percent, to 2,168.5 and the Nasdaq Composite dropped 2.53 points, or 0.05 percent, to 5,097.63. Copyright Reuters, 2016