ASIAN MARKET UPDATE ……. Wednesday 30-3-2016 Asia Pacific region stock markets finished mostly higher Wednesday, on the back of U.S. Federal Reserve Yellens signal for a slow pace on raising interest rates. “[Ms. Yellen] and the Fed have finally realized that the only way they can safely start to normalize interest-rate policy in the U.S. is if they…
30-3-2016——EUROPEAN MARKETS Stocks and commodities rallied while the USD dollar extended losses Wednesday as Federal Reserve Chairwoman Janet Yellens cautious stance on raising U.S. interest rates rallied risky assets around the world. Futures pointed to a 0.5% opening gain for the S&P 500. The Stoxx Europe 600 was up 1.4% halfway through trading in London, following…
Update: 30-3-2016 ADP Employment Report – U.S. private sector added a net 200,000 jobs this month, matching expectations, showing resilience for employment. The labor market remains healthy. But selling is muted in the bond market after Yellen said Wednesday the central bank would be cautious in tightening policy given the uncertain global growth outlook. That…
The STOXX Europe 600 Basic Resources index fell 3.4 percent, the top sectoral decliner, as a firmer dollar made metals costlier for holders of other currencies and dragged down prices of major industrial metals. Shares in Anglo American, Glencore, Rio Tinto and Fresnillo fell 3.9 to 6.2 percent. Equity markets are moving into the Easter…
Global stocks extended losses Thursday ahead of the Easter holiday weekend, as a stronger US dollar and weaker commodities slow down the recent global rally. European equities slipped for a fourth straight session on Thursday, with weaker commodities prices and hawkish comments from another Fed official putting pressure on the broader stock market. St. Louis…
22/03 DW correspondent Bernd Riegert reports on deadly explosions in Brussels The national security council of Belgium has raised the terror alert to level four. Air travel to Brussel΄s Zaventem airport – one of Europe΄s busiest – and train travel have been halted. All roads to the airport have been closed, more evacuations…
Gold ETF Holdings Rise For 40 Consecutive Days The last 40 days up to 08/Mar/2016 total known holdings of Gold in ETFs rose. This is the longest daily increase since inception of Gold ETFs. This is on the backdrop of a recent equity market rally, reassurance about the awesomeness of the “jobs” recovery, and Fed confidence…
Source: WSJ, Bloomberg, Reuters, Sitnokglobal.com Asian Morning Briefing: U.S. Stocks Drop After Recent Rally U.S. stocks fell Tuesday, ending a five-session winning streak while investors returned to the safety of government bonds. Oil prices sold off sharply on fresh signals of global oversupply and weak demand. The dollar recouped losses against the euro in…
Sitnok World Markets @SitnokGlobal 16h16 hours ago China Construction Bank Becomes First Chinese Bank to Help Set Silver Price http://on.wsj.com/1U7xTv9 Bloomberg Australia @BNAustralia 18h18 hours ago Aussie’s rally with loonie set to end on rate-cut risk, BNP says http://bloom.bg/24MYyT4 pic.twitter.com/iICrmwzlAK 6″> Sitnok World Markets @SitnokGlobal 19h19 hours ago China’s Imports in February declined 13.8%…
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