Archive for Tag: Global shares

Global shares

Crude jumps on U.S. Russian oil ban, Global shares wobble

The price of a barrel of crude, already on the march higher in January on supply worries and expectations of a strengthening global economic recovery, has rocketed upward since Russia launched its invasion of Ukraine on Feb. 24. Oil is now roughly double its early December low. Risking even...

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Global shares

Global shares extend losses on Ukraine fears and Fed jitters

Global shares and U.S. futures fell sharply on Tuesday, with investors nervous about the potential for military conflict in Ukraine and ahead of a key Federal Reserve meeting that could offer hints about the timing and pace of rate hikes. Benchmarks slid, with most extending losses in afternoon trade....

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Wall Street

Global stocks rise sharply with investors’ renewed risk appetite; oil settles up

Wall Street closed significantly higher on Tuesday after a bruising session the prior day, with oil prices also gaining as investors sought riskier assets despite surging cases of the Omicron coronavirus variant around the world. U.S. President Joe Biden said on Tuesday he would be taking steps to fight...

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Global stocks

Global stocks rise, markets set for central bank parade

Global stocks pushed ahead on Monday with investors wagering markets can weather whatever comes from a host of central bank meetings this week, including the likely early end to U.S. policy stimulus. European shares prepared to follow suit, with pan-region Euro Stoxx 50 futures up 0.33% in early deals....

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Tech stocks help Global markets shake off China blues

Global shares bounced on Tuesday, led by technology names across the region and as Chinese markets clawed back ground lost after disappointing economic data, while the improved investor confidence weighed on the safe-haven dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.05%. It is up about 6%...

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Global shares made a poor start on to a week packed with major U.S. and Chinese economic data and the launch of Apple

Global markets are fixated on the timing of tapering of QE by central banks, particularly the Fed,” said analysts at ANZ in a note. “That’s unsurprising, given the support that the extra liquidity has provided to equities and assets more generally,” they added. “The latest guidance from senior FOMC...

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Global shares fall on pandemic fears ahead of U.S. jobs report

Global shares retreated from recent highs on Wednesday, as Asian markets grew jittery about a resurgence of COVID-19 cases and Western markets awaited Friday’s U.S. jobs report and what it might mean for monetary policy. Asset markets have been buoyed over the past year by trillions of dollars in...

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Global shares gain as infrastructure spending, jobs data boost

The MSCI world equity index gained 0.55%. In Europe, the stoxx 600 gained 0.87%, ending near an all-time high set earlier this month after news that German business morale hit its highest in 2-1/2 years. Britain’s FTSE 100 share index rose 0.51% after the Bank of England kept the...

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Stocks recover from 4-week lows as focus switches back to post-pandemic growth

Global shares extended their recovery on Tuesday from four week lows, as investors focused on prospects for post-pandemic economic growth, rather than fret more over the hawkish stance taken by the U.S. Federal Reserve at a policy meeting last week. European stocks looked set to build on gains in...

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