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Euro yields, stocks fall on setback fear
Bond yields across the eurozone hit record lows on Thursday and the euro hovered near its weakest in nine months after Germany reported its economy unexpectedly shrank in the second quarter, casting doubt on the region’s fragile recovery.
Asian equities restrained by gloomy data, Ukraine
Japan’s Nikkei share average ended up 0.4 per cent, shrugging off downbeat growth data, while MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 per cent.
Oil market ‘eerily’ calm, despite conflicts, says IEA
Forecast for oil demand also lowered for this year and next
Asia stocks rebound as Iraq fears wane
Asian markets rose on Monday following widespread falls last week as investors took heart from Wall Street shrugging off fears over instability in Iraq and Ukraine.
Dividend payers becoming attractive again as bond yields fall
Investors once again are snapping up high-dividend-paying US stocks as Treasury yields fall, which should keep utilities and telecom stocks near the top of the buying list for the near future.
US June crude oil exports highest since 1957
Exports of crude oil from US shores jumped in June to the highest since the 1950s, according to US data, topping Opec member Ecuador in supplying global markets and underscoring the dramatic shift in global flows.
Service sector data guides world currency movements
Surveys of service sector purchasing managers were the best hope for some direction for the major currency pairs on Tuesday, with a strong Swedish number launching the crown to a day’s high at the start of the European day.
GCC markets shed $21b in second-quarter correction
As a result of the market correction, triggered primarily by the deteriorating situation in Iraq, GCC markets’ capitalisation stood at $1.06 trillion as of the end of June, having shed $21 billion in the second quarter, NBK said in a report.
Equities set to sustain rally in post-Eid trade
Market to gain momentum on strong Q2 results
Lead, zinc fall as investors book profits after rallies
Lead and zinc fell on Wednesday as investors took profits after a rally by both metals this month, but a brighter global economic outlook could see industrial metals resuming their rise.
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