Market Reviews

Concerns about a slowing global economy prompted investors to seek safety on Thursday, driving the dollar and yen sharply higher and the euro to a two-year low against the U.S. currency. South Korea’s surprise rate cut on Thursday, following Brazil’s 50 basis point rate cut on Wednesday evening, as well as an unexpected drop in […]

Asia stock benchmarks fell Thursday, as hopes of fresh stimulus efforts from the U.S. diminished, and investors remained cautious ahead of key growth data from China on Friday on head of BOJ decision. On the economic front, there are no major data releases domestically and, from Germany whole sale inventory data which is expect to

U.S. stocks closed lower on Tuesday as worries about corporate earnings falling short of expectations unnerved investors. Disappointing expectations from Cummins (CMI, Fortune 500) also dragged on markets, as the engine maker’s stock fell 9% after it slashed its sales forecast for the year. The Dow Jones industrial average slid 83 points, or 0.7%, the

All major Asian equities are trading slightly lower today, after Chinese trade data shows exports as strong but imports surprisingly weak for the day; the weakness could continue in the Asian markets. The euro is trading at 1.2289 down by 0.20%, On the economic front today, we have the UK Industrial Production and Manufacturing Production

Christine Lagarde, MD of the International Monetary Fund is visiting Japan, said European leaders “have to implement, implement, implement” necessary reforms to reassure financial markets although it takes time. She also told a press conference that the Japanese yen has remained “moderately overvalued.” The comments came despite the agreement last week by European Union leaders