Warren Buffett“A public opinion poll is no substitute for thought.”
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European stocks slip on doubts over Greek rescue (AP) »
concrete financial support, leaving it to potentially seek assistance from the International Monetary Fund.
Germany has said this week that Greece’s debt problems can be addressed only by the country’s austerity program. That suggests an EU summit next week, which had been expected to propose bilateral loans for Greece, will come up empty-handed.
and the [...]
Stocks advance, dollar steady ahead of Fed »
Stocks advance, dollar steady ahead of Fed
(Reuters) – World stocks climbed on Tuesday while the dollar was corralled as investors bet the U.S. central bank will repeat its vow of keeping interest rates low for an extended period after its monthly meeting.
The Federal Reserve is expected to leave benchmark rates near zero given [...]
Stocks slip amid China, sovereign debt jitters (Reuters) »
SYDNEY (Reuters) –
Asian stocks fell from near seven-week highs on Monday as a currency spat between China and the United States and worries about sovereign debt combined to keep investors away from riskier assets.
Markets were also cautious before U.S. and
later this week. Both are expected to keep
super loose, with a chance of [...]
Asia stocks mixed before Fed statement; Europe up (AP) »
U.S. Federal Reserve
’s latest assessment of the world’s largest economy. European stocks gained in early trade.
It marked Asia’s third consecutive day of mediocre trade.
wallowed below $80 a barrel, while the dollar weakened against the yen and the euro.
U.S. central bank
wraps up its policy meeting later Tuesday. Widely expected to keep [...]
Asian stocks lower amid spike in China inflation (AP) »
’s weaker growth tempered confidence in the regional economic rebound.
Most markets were modestly higher in the first two hours of trading but reversed course as the latest figures raised doubts about the outlook for major economies.
fell below $82 a barrel amid signs of tepid U.S. crude demand and the dollar lost ground against [...]
Asia stocks dip on China tightening fears, yen up »
Asia stocks dip on China tightening fears, yen up
(Reuters) – Asian stocks fell on Thursday as investors worried strong loan growth and quickening inflation in China would spur Beijing to tighten monetary policy sooner than expected, while the yen rebounded against major currencies.
European equities were set track Asia lower, with financial spreadbetters expecting [...]
Asia stocks dip on China tightening fears, yen up (Reuters) »
to tighten monetary policy sooner than expected, while the yen rebounded against major currencies.
European equities were set track Asia lower, with financial spreadbetters expecting Britain's FTSE 100 (.FTSE), Germany's DAX (.GDAXI) and France's CAC 40 (.FCHI) to fall as much as 0.5 percent.
(.MIAPJ0000PUS) shed 0.5 percent, retreating from a seven-week high touched before [...]
Relationship over? Dollar, stocks break up (AP) »
is over.
Last summer and fall, stocks generally rose on days when the dollar fell, and vice versa.
to boost the economy. The weak dollar was a boon for the stock market as investors were eager to get money out of low-yielding U.S. dollars and put them to work just about anywhere else, such as [...]
Sterling under pressure; world stocks rise »
The pound came under further pressure on Tuesday, battered by political worries and engorged public finances, while global equities stayed relatively buoyant.
Euro zone government bond prices slipped with traders waiting for the next developments in Greece’s debt crisis, likely to come after a cabinet meeting on Wednesday.
World stocks as measured by MSCI .MIWD00000PUS [...]
Stocks edge higher after mixed economic news (AP) »
NEW YORK – The stock market eked out a gain Friday as investors took downbeat economic news in stride.
and the Standard & Poor’s 500 index logged their best month since November.
The latest bad news came from several corners including the financial industry.
. reported a larger than expected fourth-quarter loss. The company said [...]