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| Soros lobbies ECB for more euro zone integration, draws criticism FRANKFURT: Billionaire investor and activist George Soros has met a European Central Bank director to argue for closer euro zone integration, prompting criticism from some EU lawmakers who fear he is exerting undue influence on a sensitive political issue. The Hungarian-born financier is a veteran ...
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Pound exchange rate UPDATE: Sterling will ROCKET on this KEY Brexit development The pound to euro exchange rate sat at 1.1264 according to Bloomberg figures on Friday morning. ING Investment research analyst Viraj Patel also claimed UK markets should expect a "deferred sterling upside" by the second quarter of 2018. The financial expert said the pound's resilience to Brexit ...
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| UPDATE 2-Euro zone bonds yields fall, inflation jitters linger LONDON, Feb 16 (Reuters) - Borrowing costs across the euro area fell on Friday, though expectations for higher inflation and steps towards tighter monetary policy from major central banks weighed on sentiment across world bond markets. Short-dated bond yields in Germany, the euro zone's ...
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| Yen | ||||||||
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| The yen is ignoring Japan's apparent efforts to halt its rise The reappointment of super-dove Haruhiko Koruda to head the Bank of Japan for another term, and remarks by Japan's finance minister on the importance of exchange-rate stability on Friday, has analysts wondering if the moves were coordinated in an effort to squelch the strength of the yen.
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| Corporate Japan wary of yen's renewed strength Although much of corporate Japan forecasts brisk results for the year ending March, a stronger yen would erase some of their profits. The average assumed exchange rate for the January-March quarter stands at 109.50 yen per dollar for companies that close their books at the end of March. At 106.19 ...
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| Japan's government tries to talk down rising yen The yen has been pushing higher versus the dollar this week, which tends to worry Japanese policymakers because it can hurt exporters' earnings and curb inflation by lowering import prices. "In the past few days we have seen some one-sided moves in the foreign exchange market," Suga said.
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| Dow Jones,Nasdaq,Oil, | ||||||||
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| Update: TSX Gains 44 Points, Paced by Energy as Oil Prices Rise, Materials Negative on Weaker ... It was a mixed session south of the border, with the Dow Jones and the S&P 500 posting slight gains while the Nasdaq fell 0.2%. Sector wise on the TSX, energy was up 1.1% on stronger oil prices while financials were up modestly, by 0.1%. On the negative side, materials shed 1.2% as gold and silver ...
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| US stocks mixed at close of trade; Dow Jones Industrial Average up 0.08% The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was up 1.25% to 19.37. Gold Futures for April delivery was down 0.32% or 4.40 to $1350.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.46% or 0.28 to hit $61.62 a barrel, ...
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| May This Data Fuel Up Investor's Confidence: Zion Oil & Gas Inc (NASDAQ: ZN) The Dow Jones industrial average rose 23 points, or 0.1 percent, to 25,237. The Nasdaq composite picked up 2 points, or less than 0.1 percent, to 7,258. The Russell 2000 index of smaller company stocks rose 3 points, or 0.2 percent, to 1,540. The S&P 500 plunged 10 percent in nine days at the start of ...
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