Day: January 24, 2019

Jan 24
Asian shares subdued as U.S. political standoff, ECB decision eyed

Asian shares inched up in subdued trade on Thursday after Wall Street ended higher, but political uncertainty in the United States and worries about weakening global economic growth kept many investors on the sidelines. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) added 0.3 percent. Australian shares (AXJO) were flat. Shanghai Composite (SSEC) […]

Jan 24
Dollar hampered by global growth, trade war worries; Aussie slips

The dollar was hamstrung versus its rivals on Thursday, restrained by concerns over global growth, the U.S. government shutdown and a yet-unresolved U.S.-Sino trade dispute. “Trade tensions are the most dominant factor for investor sentiment right now and will drive market flows,” said Nick Twidale, chief operating officer at Rakuten Securities. The Aussie dollarwas a big mover […]

Jan 24
European shares inched higher on Thursday

European shares inched higher on Thursday as better-than-expected results from chipmaker STMicro delivered a boost to the tech sector, while oil stocks weighed on the market. European Shares The pan-European STOXX 600 (STOXX) gained 0.1 percent by 0843 GMT, in line with Germany’s DAX (GDAXI) while Britain’s FTSE 100 (FTSE) fell 0.4 percent. Chipmaker STMicroelectronics […]