TOKYO/SINGAPORE, Aug 20 (Reuters) – The dollar touched an
11-month high against a basket of major currencies on Wednesday
after positive U.S. housing data the previous day fed hopes that
the world’s biggest economy is strengthening.
The dollar index surged to as high as 81.995,
its highest level since September. It last stood at 81.974, up
0.1 percent on the day.
TOKYO (Reuters) – The dollar held firm near 11-month high against a basket of major currencies on Wednesday after strong U.S. housing data added to hopes of a firming recovery in the world’s biggest economy.
The dollar index stood at 81.870, having risen to 81.899 in the previous session, its highest level since September.
TOKYO, Aug 19 (Reuters) – The dollar steadied on Tuesday
after Monday’s gains on upbeat U.S. housing data and a rise in
U.S. bond yields, but traders are waiting for hints on Federal
Reserve policy intentions before they test major resistance
The only mover among major currencies in Asia was the New
Zealand dollar, which shed a half percentage point after soft
economic data pointed to a pause in the country’s rate hikes.
TOKYO (Reuters) – The dollar held firm on Tuesday after a solid U.S. housing data and a rise in U.S. bond yields on the back of hopes of an easing of geopolitical tensions.
The currency, however, is likely to need a clearer sign that the Federal Reserve might start raising rates sooner to break above its trading band in the past few weeks, as traders looking focus on comments from Fed officials later in the week at a global central bank conference in Jackson Hole.
TOKYO (Reuters) – Asian shares eked out modest gains on Wednesday, as investors remained cautious after downbeat data from China and Japan and as the crisis in Ukraine threatened a fragile economic recovery in Europe.
Mainland Chinese shares were knocked off their highs by surprisingly weak loans data, and other data released later in the session also missed expectations. Some economists believe further stimulus may be needed to sustain the recovery and offset the drag from the cooling property market.
TOKYO (Reuters) – Asian shares struggled on Wednesday after Wall Street snapped a two-day rally with the crisis in Ukraine sapping investor confidence as it threatens a fragile economic recovery in Europe.
MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was off 0.04 percent while Japan’s Nikkei share average .N225 gave up 0.1 percent.
TOKYO (Reuters) – Asian share markets got off to a cautious start on Thursday, with Japanese stocks pulling further away from six-week lows as a Russian troop build-up on the border with Ukraine sapped risk-appetite and pushed global bond prices higher.
Global equity markets came under pressure as tit-for-tat economic sanctions between the West and Moscow escalated, and as Russia massed around 20,000 combat-ready troops on Ukraine’s border.
TOKYO (Reuters) – Asian stocks slipped on Tuesday after a survey showed China’s services sector growth fell to a record low, pouring cold water on the positive market mood following upbeat U.S. earnings and relief over Portugal’s rescue of its largest bank.
MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.5 percent, turning negative after the China services purchasing managers’ index(PMI) compiled by HSBC/Markit fell to 50.0 in July from a 15-month high of 53.1 in June.
TOKYO (Reuters) – Steep weekly falls on Wall Street pressured Asian shares on Monday, as concerns over geopolitical tensions and Argentina’s debt default eclipsed U.S. economic data that argued against an earlier start to the Federal Reserve’s rate-tightening cycle.
Japan’s Nikkei average .N225 fell 0.4 percent while MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS> was off 0.05 percent.
TOKYO, July 31 (Reuters) – Japanese fund managers increased
both stocks and bonds in their model portfolio allocations in
July, as they bet on a steady recovery in the global economy
even as the Federal Reserve keeps reducing stimulus.
The survey of eight Japan-based fund managers, polled by
Reuters between July 16-23, also showed they increased euro zone
stocks after the European Central Bank adopted a series of
easing steps in June.