02112016Thu
Last update: Thu, 11 Feb 2016 11am

Markets - FXMM

Markets - FXMM - Asia

Dollar steady after Russia calls for end to Ukraine crisis TOKYO: The dollar held steady in Asia Friday on easing concerns over the situation in Ukraine as Russian President Vladimir Putin called for an end to the crisis in the violence-wracked country.In Tokyo afternoon trading, the greenback fetched 102.53 yen, up from 102.45 yen in New York.The euro bought $1.3363 and 137.07 yen, mixed from $1.3365 and 136.93 yen in US trade, after the release Thursday of weak eurozone economic data.Growth in the 18-country eurozone ground to a halt in the second quarter, dragged down by France and Germany and casting a cloud over the crisis-hit region.On Friday, investors moved into the dollar, which tends to decline against the yen during times of turmoil, as Putin said Moscow should not "fence itself off from the outside world" despite a plunge in East-West relations over the pro-Kremlin insurgency in Ukraine.He added that Russia "will do everything that depends on us to ...


Markets - FXMM - Asia

Dollar steady after Russia calls for end to Ukraine crisis TOKYO: The dollar held steady in Asia Friday on easing concerns over the situation in Ukraine as Russian President Vladimir Putin called for an end to the crisis in the violent-wracked country.In Tokyo midday trading, the greenback fetched 102.51 yen, up from 102.45 yen in New York.The euro bought $1.3361 and 136.95 yen, mixed from $1.3365 and 136.93 yen in US trade, after the release Thursday of weak eurozone economic data.Growth in the 18-country eurozone ...

Markets - FXMM - Americas

Dollar falls on US jobless claims NEW YORK: The dollar weakened broadly on Thursday, falling after three straight days of gains, on yet another piece of data suggesting a bumpy recovery for the US economy. An increase in the weekly US jobless claims came a day after an unexpectedly flat retail sales report, which reinforced expectations the Federal Reserve would be in no rush to raise interest rates. Higher interest rates tend to enhance the dollar's appeal as they boost the ...

Markets - FXMM - Middle East & Africa

Kenyan shilling steady on tight liquidity, stocks inch up NAIROBI: The Kenyan shilling was little changed on Thursday after a slowdown in dollar demand from companies put off by tight liquidity, while stocks nudged higher. At the 1300 GMT market close, commercial banks quoted the shilling at 88.05/88.15 to the dollar, barely changed from its closing level of 88.00/88.10 on Wednesday. "Tight liquidity has kept position-taking at bay," said Sheikh Mehran, head of trading at I&M Bank. "Today has been a very flat day ...

Markets - FXMM - Europe

Turkish lira recovers losses, helped by Putin and euro zone data ISTANBUL: The Turkish lira firmed on Thursday on comments from Russian President Vladimir Putin seen as easing tensions with Ukraine, and on euro zone data seen as increasing the chances of more monetary easing by the European Central Bank. Speaking to ministers and members of parliament in Crimea, Putin said Russia would stand up for itself but not at the cost of confrontation with the outside world. Meanwhile, euro zone economic growth ground to a ...

Markets - FXMM - Middle East & Africa

Nigeria raises 100bn naira in bonds at higher yields LAGOS: Nigeria sold 100 billion naira ($616.90 million) worth of bonds with maturities ranging between three and 20 years at auction on Wednesday, fetching higher yields than previously, the Debt Management Office said on Thursday.The debt office said 15 billion naira of 3-year debt notes were sold, fetching 11.12 percent, higher than the 11 percent they got at the July auction, while 50 billion naira of 10-year debt was sold at 12.22 percent against 12.19 ...

Markets - FXMM - Europe

Euro resilient despite gloomy euro zone growth outlook LONDON: The euro recovered from near nine-month lows against the dollar on Thursday on relief that the euro zone as a whole did not shrink in the second quarter, despite a contraction in its biggest economy, Germany. Though euro area growth stalled in April-June, missing modest expectations of 0.1 percent, the numbers provided some respite for the euro after the weaker than expected data from Germany and France.The latter has failed to produce any growth ...