Mon Feb 15, 2016/Reuters By John Geddie World stocks rose sharply on Monday as China’s central bank fixed the yuan at a much stronger rate and oil cemented recent gains, easing fears of global deflation. The rally belied a string of poor economic data from Beijing and Tokyo as demand […]
Tag: World Stocks
Stocks, commodity currencies slide as oil falls back below $30
Fri Jan 15, 2016/Reuters By Dhara Ranasinghe World stocks were set for a third straight week of losses on Friday and commodity currencies took another drubbing as oil prices fell back below $30, keeping alive concerns about global growth. European stocks fell more than 1 percent, heading back toward Thursday’s […]
Global stocks rise, dollar falls as Fed rate path reassessed
World stocks rose towards a six-year high on Monday and the dollar and bond yields slipped as last week’s weak U.S. jobs data strengthened the case for the Federal Reserve to keep interest rates low for longer. Emerging markets were one of the biggest beneficiaries, having previously been under pressure […]
