China slowdown worsens amid signs U.S. losing steam
(Reuters) – China’s slowdown worsened in May as its factories saw a further deterioration in demand at home and abroad, dealing a new blow to a global economy struggling with a sharp downturn in Europe and a faltering recovery in the United States.
The darkening outlook was underlined by data showing the fourth monthly decline this year in exports from South Korea, the first major economy to report May numbers, as shipments to the United States, Europe and China all fell.
Asian shares fall after data, ECB disappoint
SINGAPORE, May 4 (Reuters) – Asian shares fell for a second
successive day on Friday as another batch of lacklustre U.S.
data stoked concerns that the recovery in the world’s biggest
economy is faltering.
The euro was steady after a bumpy session on Thursday, when
European Central Bank chief Mario Draghi gave a more upbeat
assessment of the region’s battered economy, reducing hopes of
further monetary stimulus measures in the pipeline.
Asian shares slip as data casts doubt on recovery
SINGAPORE (Reuters) – Asian shares slipped on Thursday and the euro languished near a two-week low after disappointing economic data from both sides of the Atlantic rekindled concerns about the strength of global growth.
Commodities and the Australian dollar – all sensitive to growth expectations – also struggled as the data put investors on the defensive and limited appetite for riskier assets.
Asian shares, euro slip as data casts doubt on recovery
SINGAPORE (Reuters) – Asian shares slipped on Thursday and the euro wallowed near a two-week low after disappointing data from both sides of the Atlantic rekindled concerns about the strength of the global economic recovery.
U.S. stocks eased on Wednesday as data showed a slowdown in private sector hiring, tempering the optimism from a better-than-expected manufacturing survey at the start of the week that had driven the Dow to its highest in more than 4 year.
Shares, euro slip as data casts doubt on recovery
SINGAPORE (Reuters) – Asian shares slipped on Thursday and the euro wallowed near a two-week low after disappointing data from both sides of the Atlantic rekindled concerns about the strength of the global economic recovery.
U.S. stocks eased on Wednesday as data showed a slowdown in private sector hiring, tempering the optimism from a better-than-expected manufacturing survey at the start of the week that had driven the Dow .DJI to its highest in more than 4 year.
Global shares ease as U.S. data casts doubt on recovery
SINGAPORE (Reuters) – Asian shares slipped on Friday as disappointing U.S. economic data stirred doubts about the strength of recovery, while the yen weakened after the Bank of Japan flagged the prospect of further monetary easing to support the struggling economy.
The return of the euro zone debt crisis also kept riskier assets under pressure, with a better-than-feared Spanish bond auction failing to allay concerns that Spain may follow Greece, Ireland and Portugal in needing an international bailout.
Shares ease as U.S. data casts doubt on recovery
SINGAPORE, April 20 (Reuters) – Asian shares slipped on
Friday as disappointing U.S. economic data stirred doubts about
the strength of recovery, while the yen weakened after the Bank
of Japan flagged the prospect of further monetary easing to
support the struggling economy.
The return of the euro zone debt crisis also kept riskier
assets under pressure, with a better-than-feared Spanish bond
auction failing to allay concerns that Spain may follow Greece,
Ireland and Portugal in needing an international bailout.
Asian stocks rebound on hopes of further Fed stimulus
SINGAPORE (Reuters) – Asian stocks rebounded, with Japan’s Nikkei hitting a one-year high, and the dollar struggled on Tuesday after Federal Reserve Chairman Ben Bernanke said ultra-loose monetary policy was still needed to reduce unemployment.
Europe’s major equity markets were also poised for gains, with Euro STOXX 50 index futures opening up 0.7 percent, while financial spreadbetters called London’s FTSE to start trading 0.2-0.3 percent higher.
Asian stocks rebound as Bernanke soothes investors
SINGAPORE, March 27 (Reuters) – Asian stocks rebounded on
Tuesday and the dollar eased after Federal Reserve Chairman Ben
Bernanke said ultra-loose monetary policy was still needed to
reduce unemployment even though the U.S. economy has shown signs
of improvement.
Wall Street stock rose more than 1 percent on Monday, as
Bernanke’s comments supported views that easy monetary policy
would remain in place for some time and fanned expectations for
more asset purchases by the U.S. central bank.
Asian shares struggle as growth worries linger
SINGAPORE (Reuters) – Asian shares struggled on Monday, with materials and technology stocks losing ground amid concerns about the impact on profits of a slowdown in the global economy.
Commodity-linked currencies such as the Australian dollar steadied after a hammering last week on worries of easing demand for resources from China, while the euro held near a three-week high.
