Archive Europe Markets

  • *Wall Street to follow European, Asian shares lower. LONDON, Jan 19- The dollar bounced back, Asian and European shares slipped and government bond yields soared to multi-week highs on Thursday after U.S. central bank chief Janet Yellen signaled a path of steady interest rate increases for the world's largest economy. The European Central Bank was set to meet as...

  • LONDON, Jan 19- Emerging market stocks fell on Thursday and currencies struggled to make much headway after U.S. Federal Reserve chair Janet Yellen said interest rates should rise steadily, boosting the dollar. "Essentially the big part is how much they will actually hike this year- instead of two it could be three now," said Simon Quijano-Evans, emerging markets...

  • *Hungary, Romania hold bond auctions, yields seen up. BUDAPEST/ PRAGUE, Jan 19- Central European government bond yields rose on Thursday, ahead of bond auctions in Bucharest and Budapest, after Federal Reserve Chair Janet Yellen signaled continuing rate hikes in the U.S. "The long end of the curve looks quite weak," one Budapest- based fixed income trader said.

  • *Asian shares slip, Japan bucks trend. LONDON, Jan 19- The dollar rebounded, Asian shares slipped and government bond yields soared to multi-week highs on Thursday after U.S. central bank chief Janet Yellen signalled a path of steady interest rate increases for the world's largest economy. The European Central Bank was set to meet as the euro recovered some of the...

  • TOKYO— World stocks were meandering in sluggish trading on Thursday as investors awaited the inauguration of Donald Trump as U.S. president. But Britain's FTSE 100 edged less than 0.1 percent lower to 7,244.22. Uncertainties over future U.S. trade policy deepened after Trump's nominee for commerce secretary, billionaire investor Wilbur Ross, slammed China...

  • NEW YORK, Jan 18- The U.S. dollar rose and stocks also gained ground on Wednesday after Federal Reserve Chair Janet Yellen suggested the U.S. central bank was ready to raise interest rates quickly this year. "It just adds to the Fed's story and an argument that the economy is ready to weather interest rate hikes," said John Doyle, director of markets at Tempus Inc in...

  • *OPEC pumps 221,000 bpd less in December than in November. NEW YORK, Jan 18- Oil prices fell on Wednesday to their lowest in a week, on a strong dollar and expectations that U.S. producers would boost output even as OPEC's output fell from a record high. Brent crude ended the session at $53.92 per barrel, down $1.55 or 2.79 percent, while U.S. crude settled at $51.08, down...

  • NEW YORK, Jan 18- The U.S. dollar edged higher and stocks gained ground on Wednesday after the top U.S. monetary policy official spoke, but investors voiced caution over how U.S. policy will develop under Donald Trump's presidency two days before his inauguration. Federal Reserve chair Janet Yellen were released and after U.S. inflation data.

  • *OPEC pumps 221,000 bpd less in December than in November. NEW YORK, Jan 18- Oil prices fell on Wednesday to their lowest in a week, on a strong dollar and expectations that U.S. producers would boost output even as OPEC's output fell from a record high. "The petroleum markets have turned lower again in Wednesday trade amid talk that higher oil prices will translate...

  • *OPEC pumps 221,000 bpd less in December than in November. NEW YORK, Jan 18- Oil prices fell to the lowest in a week on Wednesday on a strong dollar and expectations that U.S. producers would boost output, while OPEC signalled a drop in the global oil supply surplus this year as the group's output fell from a record high. "The petroleum markets have turned lower again in...

  • *OPEC pumps 221,000 bpd less in December than in November. NEW YORK, Jan 18- Oil prices fell to their lowest level in a week on Wednesday on expectations U.S. producers would boost output, while OPEC signalled a drop in the global oil supply surplus this year as the producer group's output fell from a record high. "The petroleum markets have turned lower again in...

  • *Europe- wide index and Wall Street stocks flat. NEW YORK, Jan 18- U.S. dollar recovered some ground on Wednesday while stocks posted modest losses, with investors still voicing caution over how U.S. policy will develop under Donald Trump's presidency days ahead of his inauguration. While Wall Street has been betting on Trump's promises of lower taxes, lighter...

  • The S&P 500 rose 4 points, or 0.2 percent, to 2,271.89. Slightly more stocks rose on the New York Stock Exchange than fell. The S&P 500 is up 6.2 percent since Donald Trump's surprise victory of the White House, driven higher by expectations for lower corporate taxes and less regulation.

  • LONDON, Jan 18- Gold retreated on Wednesday from the previous day's eight-week high as data showing the biggest pick-up in consumer prices in 2-1/ 2 years lifted the dollar and U.S. Spot gold was down 0.2 percent at $1,214.46 an ounce at 1450 GMT, while U.S. gold futures for February delivery were $1.50 lower at $1,214.40. The Labor Department said on Wednesday its...

  • BUDAPEST/ WARSAW, Jan 18- Czech two-year government bond yields climbed further off record lows on Wednesday as a central banker said investors were wrong to expect an early lifting of the cap on the crown currency. CNB board member Lubomir Lizal said the bank still expected to abandon the ceiling around mid-2017, but investors were wrong to speculate on an early...

  • LONDON, Jan 18- Stock markets steadied while the dollar recovered some ground on Tuesday after unease over how the U.S. policy slate will develop under Donald Trump's presidency drove the currency to its weakest since early December. Traders in Asia said shares were helped by hopes that the concerns about a stronger dollar expressed by the U.S.

  • LONDON, Jan 18- Emerging stocks rose for a second day on Wednesday but currencies struggled to build on their gains in the wake of recent dollar weakness with South Africa's rand and Turkey's lira coming under renewed pressure. Trump- who will be inaugurated on Friday- had threatened previously to declare China a currency manipulator after taking office.

  • HONG KONG, Jan 18- Asian stock markets stabilized near three-month highs on Wednesday, helped by Hong Kong and Chinese shares, as investors judged U.S. The firmness in Asia is expected to extend to Europe with stock futures in key European markets pointing to a higher start. "Trump's comments on the dollar has helped relieve downward pressure on the renminbi and on...

  • NEW YORK, Jan 17- U.S. stocks and the dollar fell while gold and government bonds rose on Tuesday as investors fled for safety after President-elect Donald Trump said the U.S. currency was too strong and they also questioned if his campaign promises would be fulfilled. Meanwhile sterling jumped as Prime Minister Theresa May said Britain would quit the European...

  • *Dollar index hits lowest since Dec. 8. NEW YORK, Jan 17- U.S. stocks fell on Tuesday as financials and other big post-election gainers lost ground. Biotech and pharma stocks declined after President-elect Donald Trump said in a Washington Post interview over the weekend that he would target companies over drug pricing and that he was ready to unveil a plan to...