-
Global Equities Mixed Ahead Of Yellen Speech
Friday, May 27, 2016 - 7:37am | 347Global stocks were mixed on Friday ahead of Federal Reserve's Chair Janet Yellen's speech at an event at Harvard University. Yellen is scheduled to talk at 1:15 p.m on Friday. For those keeping track, the event is being billed as a "conversation" with Harvard's Greg Mankiw...
-
Asian, European Stocks Gain Ground As Brent Crude Tops The $50 Mark
Thursday, May 26, 2016 - 8:15am | 227Asian stocks closed mostly higher during Thursday's trading session on no notable news and heading into a long weekend in the United States. India's Mumbai Sensex index was a notable outperformer as some of the country's largest companies reported positive earnings which boosted investor confidence...
-
Why Is The Market Rallying? UBS's Art Cashin Offers His Take
Wednesday, May 25, 2016 - 2:50pm | 295UBS's Art Cashin is no stranger to investors and is a frequent guest on CNBC. He offered his take on the ongoing stock market rally. Cashin pointed out that U.S. stocks took the lead from European stocks which surged higher. He noted that European stocks gained during their trading session on...
-
Asian Stocks Mostly Higher On 'Limited News Flow,' European Stocks Follow The Lead
Wednesday, May 25, 2016 - 8:28am | 289Asian stocks closed mostly higher on Wednesday after U.S. equities posted strong gains on Tuesday. "Asian markets have had limited news flow to deal with today," Chris Weston, chief market strategist at spreadbetter IG told CNBC. "The bold moves [today] are a reflection of the belief that the...
-
Asian Markets Tumble To Near 2-Month Lows As European Markets Jump Higher
Tuesday, May 24, 2016 - 8:33am | 458Asian stocks tumbled to near 2-1/2-month lows as investors continue to re-asses the suitability of investments in the region given the likelihood of a U.S. interest rate hike next month. The U.S. dollar index rose slightly to 95.33, within striking distance of Thursday's peak of 95.520 -...
-
Asian Stocks Close Mixed, European Stocks Mostly Lower To Kick Off The Week
Monday, May 23, 2016 - 7:33am | 452Asian stocks were mixed on Monday after finance ministers from the G-7 nations gathered in Japan over the weekend. According to The Wall Street Journal, officials at the meeting have not come to an agreement on "how to address slack in the global economy." "The market doesn't...
-
TGIF? Global Equities Mostly Higher On Friday
Friday, May 20, 2016 - 7:30am | 309Asian stocks were mostly higher on Friday even though the prospect of a Fed rate hike in June remains an ongoing concern. In addition, the Group of Seven finance ministers and central banks are scheduled to meet in Sendai, Japan on Friday and Saturday to discuss coordinated stimulus measures - a...
-
Asian, European Stocks Mostly Lower Amid U.S. Interest Rate Concerns
Thursday, May 19, 2016 - 7:06am | 346Global equities were mostly lower on Thursday after the U.S. Federal Reserve's minutes from its April meeting point to a potential interest rate hike as soon as June. Higher interest rates in the U.S. could result in global investors pulling money out of riskier assets, particularly in...
-
Asian, European Stocks Lower Ahead Of FOMC Minutes
Wednesday, May 18, 2016 - 7:23am | 243Asian stocks were mostly lower on Wednesday following reports that the U.S. Federal Reserve is said to be moving towards rate hikes this year. Meanwhile, Japan surprised the market and said its economy grew at an annualized 1.7 percent during the January to March period and grew by 0.4 percent...
-
Asian, European Stocks Mostly Higher As Investors Follow Oil's Move
Tuesday, May 17, 2016 - 7:51am | 402Asian stocks were mostly higher on Tuesday as the price of oil continued to tick higher and the yen slightly dipped lower as a weaker yen is considered a positive for the country's exporters. Hong Kong's Hang Seng index gained 1.18 percent, Japan's Nikkei index gained 1.13 percent,...
-
Asian Stocks Move Higher As Investors Ignore Latest Concerning Data Out Of China
Monday, May 16, 2016 - 7:39am | 326Asian stocks were mostly higher on Monday despite a fresh round of concerning data coming out of China. According to Reuters, China's National Bureau of Statistics (NBS) said on Saturday that the country's April factory output rose 6.0 percent year-over year, short of the 6.5 percent...
-
TGIF? Not This Week As Global Equities Sell Off
Friday, May 13, 2016 - 7:19am | 385Asian equities closed mostly lower on Friday as lower commodity prices weighed in on commodity-linked stocks, while poor earnings from several Japanese companies disappointed investors. Energy explorer Inpex fell 4.2 percent after reporting a weaker-than-expected operating profit, while...
-
European Stocks Brush Off Asia's Declines And Trade Mostly Higher
Thursday, May 12, 2016 - 7:43am | 302Asian stocks were mostly lower on Thursday with a notable exception coming out of Japan. Japan's Nikkei index gained 0.41 percent following encouraging earnings reports from a range of sectors, including Tokuyama Corp (chemical company), Mitsubishi Motors (auto) and DeNA Co (mobile and e-...
-
Asian Stocks Close Mixed, European Stocks Mostly Lower On Poor Visibility
Wednesday, May 11, 2016 - 7:41am | 341Asian stocks were mixed on Tuesday on no new notable macro-economic or central banking related news. Australia's ASX index gained 0.57 percent as the commodity-heavy index gained on the heals of gold, metals & mining and materials sectors. In fact, the index hit a new six-month high but...
-
Global Equities Led By Japan Soar Higher
Tuesday, May 10, 2016 - 7:53am | 318Asian stocks were mostly higher on Tuesday, led by a 2.15 percent gain in Japan's Nikkei index. Japan's Finance Minister Taro Aso said the government is prepared to intervene in the currency market if the nation's currency begins to hurt the economy. "For Japan, excessive...