English News
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Gold steadies as COVID variant tempers rate hike expectations
KEY POINTS Dollar edges up, equities rebound More countries impose travel restrictions President Biden to give update on U.S. response…
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European markets climb despite global concern over omicron variant; Stoxx 600 up 1%
KEY POINTS The World Health Organization labeled the new omicron strain a “variant of concern” on Friday . The variant…
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Japan, Hong Kong drop more than 2% each as Asia-Pacific markets slip amid renewed Covid fears
KEY POINTS Stocks in Hong Kong and Japan led losses among Asia-Pacific markets in Friday trade . World Health Organization…
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Yen, franc surge as new virus variant rattles markets
The Japanese yen and the Swiss franc surged on Friday, while the Australian dollar and the Norwegian crown…
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Asia-Pacific stocks mixed; Bank of Korea announces rate hike
KEY POINTS Asia-Pacific shares were mixed on Thursday The Bank of Korea on Thursday raised its policy rate to 1%,…
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Dollar reigns as hawkish Fed stands out among central banks
The U.S. dollar traded at its highest in over a year to the euro and near a five-year…
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European markets edge higher despite Covid headwinds; Remy Cointreau up 11%
KEY POINTS European investors continue to monitor the acute Covid crisis in the region this week amid rising infections that have prompted…
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Asia-Pacific stocks mixed as tech shares drop after Biden renominates Powell as Fed chair
SINGAPORE — Shares in Asia-Pacific were mixed on Tuesday as investors watched for market reaction to U.S. President Joe Biden…
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Dollar gains, euro recovers on better than expected data
The dollar index held near 16-month highs on Tuesday after Federal Reserve Chair Jerome Powell was picked for…
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European markets retreat as investors monitor data, Powell nomination, Covid surge
KEY POINTS Euro zone business activity growth jumped unexpectedly in November, but a fresh wave of Covid-19 infections across the…
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Asia-Pacific stocks mixed; JD.com, Netease shares in Hong Kong jump on index inclusion
KEY POINTS Shares in Asia-Pacific traded mixed on Monday . Hong Kong-listed shares of JD.com and Netease rose following a…
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Dollar jumps on Powell renomination, euro hurt by COVID lockdowns
The dollar set a 16-month high against the euro on Monday after Federal Reserve Chair Jerome Powell was…
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