European shares near five-year highs
LONDON (Reuters) – The dollar edged higher, gold steadied and European shares remained near five-year highs on Tuesday as investors wait to see if the U.S. Federal Reserve will give any signal on the future of its stimulus programme.
The dollar was up 0.2 percent against major currencies as European trading gathered pace.
Dollar firms as Fed suspense builds, shares off highs
LONDON, May 21 (Reuters) – The dollar edged higher, gold
steadied and European shares remained near five-year highs on
Tuesday as investors wait to see if the U.S. Federal Reserve
will give any signal on the future of its stimulus programme.
The dollar was up 0.2 percent against major
currencies as European trading gathered pace.
World shares near five-year high
LONDON (Reuters) – Rising optimism about global growth pushed world shares to a near five-year high on Monday, while comments from Japan’s economy minister that consumers could suffer if the yen falls further lifted it off a 4-1/2 low.
Data last week that showed U.S. consumer sentiment at its strongest in nearly six years continued to support equity markets. MSCI’s world index is at its highest since June 2008 as top European shares started the week up 0.2 percent.
Global shares grind higher, yen edges up on Amari comments
LONDON (Reuters) – Rising optimism about global growth pushed world shares to a near five-year high on Monday, while comments from Japan’s economy minister that consumers could suffer if the yen falls further lifted it off a 4-1/2 low.
Data last week that showed U.S. consumer sentiment at its strongest in nearly six years continued to support equity markets. MSCI’s world index .MIWO00000PUS is at its highest since June 2008 as top European shares .FTEU3 started the week up 0.2 percent.
Shares grind higher, yen edges up on Amari comments
LONDON, May 20 (Reuters) – Rising optimism about global
growth pushed world shares to a near five-year high on Monday,
while comments from Japan’s economy minister that consumers
could suffer if the yen falls further lifted it off a 4-1/2 low.
Data last week that showed U.S. consumer sentiment at its
strongest in nearly six years continued to support equity
markets. MSCI’s world index is at its highest
since June 2008 as top European shares started the week
up 0.2 percent.
S&P says Cypriot deposit grab may set euro zone precedent
LONDON, May 15 (Reuters) – The grab on bank deposits that
accompanied Cyprus’s bailout could be repeated elsewhere in the
euro zone, and the bloc’s banking union may not be strong enough
when it is introduced, Standard and Poor’s said on Wednesday.
“We believe that the events in Cyprus highlight the
increased reluctance of financially stronger euro zone countries
to make their taxpayers’ funds available to recapitalise banks
outside their home jurisdictions,” the ratings agency said in a
report.
Big U.S. data dominates market but new favorites emerging
LONDON (Reuters) – Central bank intervention, the euro zone crisis and China’s rise have expanded the list of data that moves markets, but surprises in measures such as PMIs and U.S. jobs numbers still pack the biggest punch.
Eager for an early view of economic momentum, investors put extra focus on purchasing manager indexes (PMIs), especially the flash, or preliminary, numbers from China, Europe and the United States.
Global market – Dollar pauses, euro up ahead of data
LONDON (Reuters) – A pause in the dollar’s strong recent run helped steady oil and gold prices on Tuesday, while the euro edged up ahead of data expected to point to an easing of the single currency area’s recession.
After a surprising rise in U.S. retail sales boosted optimism about the recovery in the world’s top economy on Monday, Germany’s ZEW monthly sentiment survey at 0900 GMT is expected to show confidence in Europe’s biggest picked up in May.
Dollar pauses, euro up ahead of data
LONDON (Reuters) – A pause in the dollar’s strong recent run helped steady oil and gold prices on Tuesday, while the euro edged up ahead of data expected to point to an easing of the single currency area’s recession.
After a surprising rise in U.S. retail sales boosted optimism about the recovery in the world’s top economy on Monday, Germany’s ZEW monthly sentiment survey at 0900 GMT (5 a.m. EDT) is expected to show confidence in Europe’s biggest picked up in May.
Dollar rise hits oil, gold; euro sags on ECB cut bets
LONDON, May 13 (Reuters) – The dollar continued to power
higher on Monday, leaving oil and gold prices in its wake, after
the Group of Seven gave a green light to Japan’s efforts to spur
growth with aggressive monetary easing.
Comments from Italy’s central bank governor that the ECB
could push one of its key interest rates below zero also put
pressure on the euro and lifted benchmark German Bunds as
investors started to think about more profitable options.

