*Wall Street action curtailed by blizzard. SYDNEY, Jan 27- Asian share markets were mostly firmer on Tuesday and the euro clung to rare gains, relieved that European equities had weathered Greece's election outcome without much disruption. Bad weather in the United States curbed activity on Wall Street in a busy week for earnings, while investors had reason for...» Read More
The common currency last traded at $1.1245, off Monday's low of $1.1098- a level not seen since September 2003. However, buyers emerged in London and New York. "Perhaps the market rightly or wrongly is pinning some hopes on Mr Tsipras being more conciliatory," David de Garis, senior economist at National Australia Bank, wrote in a note to clients.
After Switzerland's surprise move to unpeg its franc, speculators are eyeing Denmark's currency peg, but the Danes likely won't follow suit, analysts say.
NEW YORK, Jan 26- The euro rebounded on Monday as investors took advantage of steep losses sustained during two days of dramatic selling, with the final push down to a fresh 11- year low coming after elections in Greece put an anti-austerity government in power. Greece elected, as expected, left-wing leader Alexis Tsipras of the anti-bailout Syriza party.
*Nordea, Deutsche Bank lead with results this week. LONDON, Jan 26- The euro zone's attempt to kick-start its stagnant economy should provide a bright spot for European bank bosses in a results' season that will be grim for investment bank revenues, sluggish for returns and where cost-cutting is key. Deutsche Bank's co-CEO Anshu Jain said QE could cause "real...
Greece's elections could signal a shift in the Old Continent's economic policies, CNBC's Jim Cramer said Monday.
But Joseph Stiglitz says Europe should try to hold the single currency euro together.
Jeffrey Saut, Raymond James Financial, provide an outlook the markets. Oil is nearing a bottom phase and that could present some opportunities, says Saut.
Joseph Stiglitz, Columbia University professor, shares his thoughts on French economist Thomas Piketty views on wealth and income inequality.
Joseph Stiglitz, Columbia University professor, explains why Greece should be offered a debt write-off as the euro slips and divides Europe.
The euro regained a foothold in early deals in London, investors choosing to take some profit on two days of steep losses.
The price of the Russian ruble fell sharply against the U.S. dollar Monday after fighting increased in the eastern part of Ukraine.
LONDON, Jan 26- The euro regained a foothold in early deals in London on Monday, investors choosing to take some profit on two days of dramatic losses after the results of elections in Greece sent the single currency to an 11- year low. Dealers and analysts in London said the most likely next move was still down but that the European Central Bank's announcement of...
March Brent crude fell 71 cents to $48.08 a barrel by 0718 GMT, wiping out light gains made on Friday after the death of Saudi King Abdullah, but it was off an early low of $47.85. Front-month WTI earlier slid to an intraday low of $44.35, just above the $44.20 hit on Jan. 13, which was the lowest since April 2009. "We saw the dollar rally again on Friday and this was largely on...
*Shanghai copper hits downside limit, at lowest since July 2009. SINGAPORE, Jan 26- London copper tumbled as much as 3 percent on Monday to its lowest level since 2009 as a stronger dollar fueled an aggressive sell-off that dragged down prices in Shanghai by 5 percent. A slide in the euro to 11- year lows against the dollar after Greece's Syriza party promised to roll...
*Euro hits 11- year low in knee-jerk reaction to Greece vote. *Investors see limited fallout from Greece in longer term. TOKYO, Jan 26- The euro skidded to an 11- year low and stock prices fell on Monday as Greece's Syriza party promised to roll back austerity measures after sweeping to victory in a snap election, putting Athens on a collision course with...
Jonathan Cavenagh, Senior FX Strategist at Westpac Bank, expects the euro to stay weak following the ECB's bond-buying program, but the Fed's policy decision this week will determine whether the currency hits $1.10.
The euro may be the Charlie Brown of currencies. Like the comic character, it's under a cloud of negatives, with analysts tipping further downside.
Shanghai copper falls 4 pct to lowest since July 2009. SINGAPORE, Jan 26- London copper fell almost 2 percent to its weakest level in nearly two weeks on Monday, pressured by a stronger dollar as the euro stumbled after Greece's Syriza party, set to win a snap election, promised to roll back austerity measures. It touched a session low of $5,415, its weakest since Jan. 14...
Saktiandi Supaat, Head of Global FX Strategy at Maybank, remains bearish on the euro, which could fall as low as $1.05 against the U.S. dollar moving forward.
SEOUL, South Korea— Asian stocks and the euro were weaker Monday after Greece's anti-austerity opposition party won a big victory in national elections, renewing fears the European common currency bloc could unravel. KEEPING SCORE: Japan's Nikkei 225 dropped 0.6 percent to 17,402.97 and South Korea's Kospi was down 0.2 percent at 1,935.40.