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Better-than-expected U.S. growth data lifted the dollar on Thursday as the euro fell amid worries about tensions between Ukraine and Russia.
Retailers are under pressure due to elevated promotions, nimble competitors and kids' preference of tech over clothes.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including questions about if the ECB will launch QE and the euro's gains were erased by Ukraine tensions
*Escalation of Ukraine tensions pushes up yen, Swiss franc. NEW YORK, Aug 28- The dollar got a lift from better-than-expected U.S. growth data on Thursday as the euro fell amid reawakened investors' worries about a serious escalation in tensions between Ukraine and Russia.
It's the biggest complaint of the trading community this year: where has all the volume gone?
*Escalation of Ukraine tensions pushes up yen, Swiss franc. LONDON, Aug 28- The yen and Swiss franc gained on Thursday, while the euro fell, as concerns about a serious escalation in tensions between Ukraine and Russia rattled investors and drove them to seek safe-haven currencies.
LONDON, Aug 28- European shares, the euro currency and Bund yields fell on Thursday after the Ukrainian president said Russian forces had invaded his country. In a statement on the presidential website, Petro Poroshenko called an urgent meeting of Ukraine's security and defence council to decide the next steps to take in the crisis.
LONDON, Aug 28- The euro clung to modest gains and a rally in Europe's share and bond markets cooled on Thursday as investors put bets on possible fresh ECB stimulus next week on hold ahead of German inflation data.
LONDON, Aug 28- The euro rose further off a one-year low against the dollar on Thursday as feverish speculation of an imminent round of quantitative easing by the European Central Bank cooled. The common currency rose 0.1 percent to $1.3213, up from Wednesday's low of $1.3151 on trading platform EBS- the euro's weakest since early September 2013.
"The growth in usage of the renminbi in Europe is going gangbusters," said Evan Goldstein, global head of renminbi services at Deutsche Bank in Hong Kong.
SYDNEY, Aug 28- The euro clung onto modest gains early on Thursday, having snapped three straight sessions of declines as feverish speculation of an imminent round of easing by the European Central Bank cooled. That prompted investors to trim very bearish euro positions, pushing the common currency briefly above $1.3200 from a near one-year low of $1.3152.
NEW YORK, Aug 27- The euro rebounded from a 13- month low on Wednesday after a report suggested the European Central Bank might not introduce more stimulus next week while major U.S. stock indexes were little changed, with the S&P 500 clinging near the 2,000 milestone.
The euro turned higher in choppy trading Wednesday as traders reacted to headlines that the ECB is unlikely to take new action early next week.
Alibaba filed an amended statement this morning ahead of its IPO, but investors are still waiting to see the terms.
*Months of calm in markets may be about to end. LONDON, Aug 27- Months of dead calm in financial markets that have crushed trading volumes and hit bank profits may be drawing to a close as currency investors gear up for volatility triggered by monetary policy shifts in major economies.
NEW YORK, Aug 27- The euro rebounded from a 13- month low on Wednesday after a report suggested the European Central Bank might not introduce more stimulus next week while major U.S. stock indexes were little changed, with the S&P 500 hovering just above the 2,000 milestone.
NEW YORK, Aug 27- The dollar softened on Wednesday as traders focused on riskier currencies, while the battered euro hit a 19- month low against the Swiss franc amid speculation the European Central Bank will resort to quantitative easing.
CNBC's Simon Hobbs reports on all the market moving events in Europe on Thursday, including speculation the ECB will not embark on quantitative easing.
Amidst the lightest volume of the year, exchange-traded funds associated with China, Turkey, South Africa, and Brazil are gathering steam.
Nobody knows exactly when Alibaba will hit the market, but the IPO is being foreshadowed by a growing paper trail.