Stocks higher with Yellen’s speech in focus
Monday, 22 August 2016, 13:27
Last update: about 11 years ago
European markets got off to a slightly higher start to the beginning of the week, as investors trod cautiously ahead of the US Federal Reserve’s Jackson Hole meeting this week which could...
Fed’s cautious tone buoys stock markets
Friday, 19 August 2016, 10:50
Last update: about 11 years ago
European markets turned green after the release of the latest set of minutes by the US Federal Reserve showed that the majority of members oppose a near-term hike and prefer an (even more) gradual...
Winning streak snaps
Thursday, 18 August 2016, 10:23
Last update: about 11 years ago
Stocks worldwide lost ground from their record highs on Wednesday, as investor’s awaited minutes from the Federal Reserve’s latest meeting to check for clues on whether US policy makers...
What goes up…
Wednesday, 17 August 2016, 09:42
Last update: about 11 years ago
Must come down, for some time at least. Global markets fell victim to the laws of gravity as most bourses pulled back from recently hit multi-week and multi-month highs. Bond prices also fell, while...
Higher highs
Tuesday, 16 August 2016, 10:37
Last update: about 11 years ago
Local markets may have been closed on Monday but the rest of the world kept up last week’s momentum, with most Asian shares at multi-month highs – with the exception of Japan which...
Oil’s up, market’s up
Friday, 12 August 2016, 11:23
Last update: about 11 years ago
A rebound in the price of oil as well as a batch of surprising earnings reports from the likes of Macy’s Inc and Zurich Insurance Group helped lift global stocks to a record high on Thursday....
Rally Grinds to a Halt
Thursday, 11 August 2016, 11:28
Last update: about 11 years ago
A five-day rally in Asian equities came to a halt as commodity and interest rate developments put a bit of a damper on recent optimism. Stocks in Hong Kong hit an 8-month high before retreating...
Yet another sunny day
Wednesday, 10 August 2016, 12:32
Last update: about 11 years ago
European shares recorded a fourth consecutive gain on Tuesday with the benchmark index rallying to a post-Brexit high and Germany’s DAX 30 entering bull market territory, as actions of central...
Risk in the Driver’s Seat
Tuesday, 9 August 2016, 11:36
Last update: about 11 years ago
Markets seemed to have welcomed the start of another summer week as major Asian bourses traded significantly higher. The sentiment was echoed to a lesser extent In Europe, but came to a downright halt...