Investors resumed the post-U. S. election trade of selling bonds and buying stocks on Wednesday after a pause earlier this week, albeit less aggressively, with Japan’s 10-year bond yield hitting its highest since February. The dollar was in demand again too, rising to a one year-high against a basket of currencies as the euro hit … Read more
Tokyo shares closed higher Wednesday with the Nikkei index ending at a roughly nine-and-a-half-month high, as U. S. stocks climbed overnight on upbeat U.S. retail sales data and oil prices rebound. The 225-issue Nikkei Stock Average ended up 194.06 points, or 1.10 percent, from Tuesday at 17,862.21. The broader Topix index of all First Section … Read more
A wave of selling sweeping across bond markets resumed on Monday as investors continued to digest the impact of a Donald Trump presidency. US and European bond prices have sunk in expectation that he will enact inflationary policies that speed the pace of interest rate rises. On Monday, some bond yields – which rise as … Read more
A searing selloff rocked Asian shares and emerging market currencies on Friday as investors feared higher U. S. interest rates under incoming President Donald Trump will spark capital outflows from the region. European shares are expected to open slightly higher after moderate losses in the previous session, with spread-betters seeing major European indexes, such as … Read more
That didn’t take long. An overnight panic in global markets evaporated as Wall Street gave an emphatic welcome to President-elect Donald Trump. The Dow soared 257 points and brushed up against lifetime highs on Wednesday, in defiance of those who predicted Trump’s election would bring about a plunge in the stock market. The S&P 500 … Read more
European share markets continued to stabilize today after Asian stocks rebounded from Wednesday’s sharp sell-off in the immediate aftermath of Donald Trump’s US election victory. Hopes that Mr. Trump will introduce a pro-business agenda to stimulate US economic growth helped to blunt concerns about his surprise win. In London, Paris and Frankfurt, the main stock … Read more
European share markets rallied on Thursday after Asian stocks rebounded from Wednesday’s sharp sell-off in the immediate aftermath of Donald Trump’s US election victory. Hopes that Mr Trump will introduce a pro-business agenda to stimulate US economic growth helped to blunt concerns about his surprise win. In London, Paris and Frankfurt, the main stock markets … Read more
Asian share markets have bounced back after seeing a sharp sell-off on Wednesday in the immediate aftermath of Donald Trump’s US election victory. Thursday’s rally followed rises in Europe and the US, as the market meltdown many had anticipated failed to materialise. Japan’s Nikkei 225 index soared 5.7%, more than recovering losses from the previous … Read more
U. S. stock futures are dropping as traders consider a future with Trump in the White House. The Dow Jones industrial average, S&P 500 and Nasdaq are all down by roughly 2% to 3% ahead of the open. Losses were more dramatic earlier in the night with Dow futures plunging more than 900 points. Dow … Read more
Investors around the world are reacting with shock to Donald Trump’s victory in the U. S. presidential election. Global stock markets are dropping, Mexico’s currency has tanked and U.S. stocks are poised for a very rough open. Markets hate uncertainty, and many investors believe Trump’s unpredictable nature and anti-trade stance could bring global turmoil. Dow … Read more
UK stocks have followed falls in Asian and European markets after Donald Trump won the US election. The FTSE 100 index was down about 0.5% to 6,812 in the first hour, although that was less steep than expected. Other major European stock markets are also lower, with money flowing into safe haven stocks, gold and … Read more
6:51 Clinton stays in hotel The reporter assigned to cover Clinton for all the networks has tweeted that she is staying behind in her hotel, as her campaign manager heads to the Javits Center where her supporters have gathered. Wow. Pooler @danmericaCNN reports that Clinton campaign chair John Podesta just left HRC hotel to come … Read more
Asian stocks have tumbled after results from the US presidential polls suggested a victory for Donald Trump looked increasingly likely. All major markets in the region are now lower, with money flowing into safe haven stocks, gold and currencies including the yen. Meanwhile the Mexican Peso has hit an all-time low against the dollar. As … Read more
Asian stocks have tumbled after early results from the US presidential polls suggested a victory for Donald Trump looked more plausible. All major markets in the region are now lower, with money flowing into safe haven stocks, gold and currencies including the yen. Meanwhile the Mexican Peso has hit an all-time low against the dollar. … Read more
Nissan has confirmed it will build both the new Qashqai and the X-Trail SUV at its Sunderland plant thanks to government “support and assurances”. The Japanese company’s commitment to Britain’s biggest car plant had been in doubt following the EU referendum. It comes as economic growth in the three months after the vote confounded expectations, … Read more
World markets had a swagger about them on Tuesday as upbeat economic data and signs of a revival in inflation pushed up stocks and commodity prices and kept the dollar at a nine-month high. Factory surveys in the United States and Europe had boasted the best readings of the year so far on Monday and … Read more
Automobile dealers have threatened they will halt the importation of new cars into the country should government refuse to reduce further the sulphur content contained in imported diesel. According to them, a further reduction in sulphur content will protect their brands and consumers from further damage of their engines. Their assertions follows recent concerns over … Read more
The Bank of Japan said Wednesday that it’s introducing a new long-term interest rate target of around zero. The bank has already gone to extreme lengths in its attempts to stimulate the country’s stagnating economy in recent years, gobbling huge amounts of Japanese government bonds and taking a key interest rate into negative territory. But … Read more