Market News


China forex reserves in record fall as Beijing tries to calm markets

Mon Sep 7, 2015 12:44pm BST
China’s foreign exchange reserves posted their biggest monthly fall on record in August, reflecting Beijing’s attempts to halt a slide in the yuan and stabilize financial markets following its surprise move to devalue the currency last month.

Dollar firmer vs. yen and Swiss franc as stocks stabilize

Mon Sep 7, 2015 12:55pm BST
The dollar rose against the safe-haven yen and Swiss franc on Monday, regaining some poise as European and Japanese stock markets started the week with gains that underpinned risk sentiment. Volumes are expected to wane later in the session with the United States closed for a holiday.

Oil prices fall on China equity losses

Mon Sep 7, 2015 12:18pm BST
Oil fell on Monday as Chinese equities weakened, with a firmer dollar and global oversupply weighing on prices. The U.S. Labor Day holiday helped keep trade thin. China’s main indexes closed down on Monday as investors sold shares in the aftermath of a four-day market holiday, during which further restrictions on futures trading were announced.

ECB support drives euro zone bond yields lower

Fri Sep 4, 2015 3:49am EDT
Euro zone bond yields fell further on Friday following a strong signal from the European Central Bank that it is willing to take further steps to shore up the currency bloc’s economy.

Oil prices dip on caution ahead of U.S. jobs data

Fri Sep 4, 2015 3:10am EDT
Oil prices fell almost 1.5 percent on Friday, as investors turned cautious ahead of U.S. jobs data that is expected to play into the Federal Reserve’s decision on the timing of any U.S. rate hike.

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