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1 0 Tag Archives: oil prices
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A pedestrian is reflected in an electronic board showing the graph of the recent fluctuations of Japan’s Nikkei average outside a brokerage in Tokyo March 13, 2015. REUTERS/Yuya Shino By Ryan Vlastelica NEW YORK (Reuters) – Stocks mostly fell on Tuesday as the Federal Reserve opened a two-day policy meeting, which is being closely watched […]

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Premarket: Weak euro powers European stocks to new highs

The euro struck a fresh 12-year low on Monday and euro zone stocks reached new peaks on bets that the currency’s relentless fall will boost corporate earning prospects just as the rising dollar hits those of U.S. firms. German stocks powered above 12,000 points for the first time, while the main pan-euro zone benchmark indices […]

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March 16, 2015
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Weak euro powers European stocks to new highs

By Jamie McGeever LONDON (Reuters) – The euro struck a fresh 12-year low on Monday and euro zone stocks reached new peaks on bets that the currency’s relentless fall will boost corporate earning prospects just as the rising dollar hits those of U.S. firms. German stocks powered above 12,000 points for the first time, while […]

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Carmakers to gain most from weak euro

On Wednesday, Moody’s said it had lowered its forecast for the euro-dollar exchange rate to 1.10 through 2015 and 1.13 in 2016, adding that it did not expect any major recovery in the single currency before 2017. “In general, a weaker euro boosts the price competitiveness of euro area exports, which account […]

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Euro bounces back, global stocks up after Greek vote

By Caroline Valetkevitch NEW YORK (Reuters) – The euro rebounded from two days of sharp losses on Monday even after an anti-bailout party was victorious in Greek elections, while global stock indexes edged up on confidence in the European Central Bank’s new money-printing program. The electoral results spurred concern over new instability in the euro […]

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Why New Zealand can handle Europe, oil troubles

New Zealand’s exports may face headwinds from the decline in oil price and strengthening of its currency against the euro, but the country’s prime minister told CNBC that the “Kiwi economy” is set to carry on booming. The New Zealand dollar has appreciated just over 8 percent against the euro since in the last three […]

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January 19, 2015
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Czech central bank toughs out falling crown

Photo: Mat?j Skalický How low can it go? That appears to be the most pertinent question at the moment regarding the value of the Czech crown against both the euro and dollar. The Czech currency slipped even further Monday, at one stage in the day trading at 28.5 crowns to the euro before recovering some […]

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January 13, 2015
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Euro-Area Prices Drop More Than Forecast, Highlighting Growing Risk of Deflation

The inflation rate in the euro area fell below zero for the first time in more than five years, bolstering the case for more European Central Bank stimulus. Prices dropped 0.2 percent in December, the European Union’s statistics office in Luxembourg said today. That’s the lowest rate since September 2009. Economists in a Bloomberg survey […]

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Euro hits nine-year low versus US dollar on manufacturing, oil-price slump

TOKYO — The euro hit a nearly nine-year low versus the dollar on Monday as investors bet on quantitative easing by the European Central Bank while soft manufacturing surveys pushed down shares and sent oil prices to 5 1/2-year lows. European shares are expected to dip, with Britain’s FTSE seen falling by up to 0.4 percent. Germany’s DAX andFrance’s CAC […]

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January 5, 2015
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GLOBAL MARKETS-Euro wobbles before Athens vote, Greek shares tumble

* Asian shares tick up after Fresh highs on Wall Street * Euro wallows near 28-mth lows before Greek parliamentary vote * Greek shares drop almost 8 percent * AirAsia posts biggest drop in 3 yrs after aircraft goes missing * Oil rebounds on renewed tensions in Libya By Marc Jones LONDON, Dec 29 (Reuters) […]

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December 29, 2014