European and Asian stock markets diverged Tuesday and the dollar rallied as Donald Trump wasted no time in starting his second term as US president with a raft of announcements affecting the global economy. Wall Street reopens later after being shut Monday for the Martin Luther King holiday, which coincided with Trump’s inauguration. Trading was … Read more
European and Asian stock markets rose on Monday and bitcoin soared to a new high as Donald Trump prepared to re-enter office as president of the world’s biggest economy. The dollar traded mixed against main rivals, while oil prices slipped. Bitcoin hit a record above $109,000 as Trump, who has signalled plans to deregulate the … Read more
Stock markets mostly retreated and the dollar steadied Friday as traders awaited key US jobs data for signals on the health of the world’s largest economy and the outlook for interest rates. Oil prices jumped around 2.5 percent as analysts expect the United States to soon announce more sanctions against Russia, further disrupting its crude … Read more
European and Asian stock markets started the first full week of 2025 on a mixed note, with traders’ minds turning Monday to Donald Trump’s second US presidency. Concerns about China’s stuttering economy, the outlook for US interest rates and the wars in Ukraine and the Middle East were causing a sense of uncertainty ahead of … Read more
Major European and Asian stock markets began 2025 in the red as investors await planned tariffs from US president-elect Donald Trump, adding to China’s economic struggles. The dollar was up against the euro and pound but down versus the yen. Oil prices jumped on hopes of rebounding demand. “January can be a testing time for … Read more
European stock markets retreated Friday, as traders booked profits from a positive start to 2025 and awaited a full return to business next week. Asia’s main equity indices closed mostly higher, with Seoul jumping nearly two percent despite deepening political uncertainty in Asia’s fourth-largest economy. There were gains also for Hong Kong, Sydney and Taipei, … Read more
Global stocks were mostly higher on Tuesday boosted by a tech rally on Wall Street, but gains remained modest in thin Christmas Eve trade. Overnight, US equities shook off early weakness to push higher as investors waited to see if a so-called Santa Claus rally would materialise. “The US stock market closed with a mixed … Read more
Stock markets diverged Friday as traders were disappointed by China’s latest boosts to its beleaguered economy and looked ahead to a key US Federal Reserve meeting next week. A tepid week was on course for a damp finish, with Wall Street offering a negative lead after fresh data pointing to a pick-up in inflation. Hong … Read more
Stock markets and oil prices jumped Tuesday, supported by hopes China will unveil fresh measures to boost the world’s number two economy. Germany’s blue-chip DAX stock index jumped above 20,000 points for the first time and Paris rebounded even as France braced for new political turmoil. The euro also bounced back against the dollar, which … Read more
The yen rallied against the dollar and the euro also advanced versus the US unit Friday as traders reacted to news of higher inflation in Japan and the eurozone. European and Asian stock markets traded mixed before Wall Street reopens from a break Thursday for the Thanksgiving holiday, and as consumers in the United States … Read more
