DXY US Dollar Currency Index
Bank of Japan, coronavirus, technology stocks
Stocks in Asia-Pacific were set to trade lower at the open following overnight declines on Wall Street. Futures pointed to a lower open for stocks in Japan. The Nikkei futures contract in Chicago was at 23,135 while its counterpart in Osaka was at 23,070. That compared against the Nikkei 225’s last close at 23,346.49. Shares …
Gold prices touch record high amid coronavirus worries, U.S.-China tensions
Ktsdesign | Science Photo Library Gold touched record prices as worries over issues such as the coronavirus pandemic as well as U.S.-China tensions weighed on investor sentiment. In the morning of Asian trading hours on Monday, spot gold traded at about $1,931.11 per ounce after earlier trading as high as $1,943.9275 per ounce. Those levels …
Asia Pacific stocks mixed as China cuts loan prime rates; US crude plummets
Asia Pacific stocks were mixed in Monday afternoon trade as China cut its benchmark lending rate. Mainland Chinese stocks were higher by the afternoon. The Shanghai composite gained 0.3% while the Shenzhen composite edged 0.654% higher. That came as China cut its one-year loan prime rate to 3.85% from 4.05%. The five-year loan prime rate was …
Stocks halted, Dow drops 1,600, virus cases jump
This is a live blog. Please check back for updates. 12:56 pm: Trading halted as S&P 500 drops 7% Stocks are halted for trading after the S&P 500 dropped 7%, kicking in the level one “circuit breaker.” – Stevens 12:30 pm: Natural gas prices fall to lowest level in more than 24 years Natural gas is …
EU to rule on Brexit extension as UK faces possible election
BRUSSELS — Brexit is set to be delayed for a third time after U.K. lawmakers rejected Prime Minister Boris Johnson’s rushed timetable to force through the necessary laws to leave the European Union. On Tuesday, a majority of MPs (Members of Parliament) signaled their support for the agreement that Johnson reached with the other 27 …
UK and EU agree on new Brexit deal, Boris Johnson says
Negotiators from the U.K. and EU have reached a draft Brexit deal in the eleventh hour of talks, although there are serious doubts that the agreement will be approved by U.K. lawmakers back in Westminster. Sterling rose on news after the U.K. made concessions over the Irish border, an issue that had proven to be …
Sterling falls as DUP says it cannot support deal
Efforts are continuing to hammer out a Brexit deal Thursday as European Union leaders gather for a summit at which they could approve a tentative withdrawal agreement. But that could prove very difficult with the Democratic Unionist Party (DUP), a group of politicians in Northern Ireland which are allied with the ruling U.K. Conservative Party, …
Pound falls on reports UK government wants to suspend parliament
Boris Johnson speaks after being announced as Britain’s next Prime Minister at The Queen Elizabeth II centre in London, Britain July 23, 2019. Toby Melville | Reuters Sterling fell 1% against the dollar Wednesday morning after a report said that U.K. Prime Minister Boris Johnson will ask the queen to suspend parliament in a bid …
