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Nov 21, 2014

China rate cut, European stimulus hints lift global markets

NEW YORK (Reuters) – World stock markets and oil prices rallied Friday, fueled by hopes for global growth following a surprise interest rate cut by China and as the European Central Bank indicated it would step up asset purchases to boost the euro zone economy.

The jump in oil prices took beaten-down Brent back above $80 a barrel. U.S. interest rates eased as the dollar gained, and the euro declined.

Nov 21, 2014

China rate cut, European stimulus hints lift markets

NEW YORK, Nov 21 (Reuters) – World stock markets and oil
prices rallied Friday, fueled by hopes for global growth
following a surprise interest rate cut by China and as the
European Central Bank indicated it would step up asset purchases
to boost the euro zone economy.

The jump in oil prices took beaten-down Brent back above $80
a barrel. U.S. interest rates eased as the dollar gained, and
the euro declined.

Nov 21, 2014

China rate cut, ECB stimulus hopes boost world markets

NEW YORK (Reuters) – World stock markets and oil prices rallied Friday, fueled by hopes for global growth following a surprise rate cut by China and as the European Central Bank indicated it would step up its asset purchases to boost the euro zone economy.

The jump in oil prices took beaten-down Brent back above $80 a barrel. U.S. interest rates were little changed as the dollar gained, and the euro declined.

Nov 20, 2014

Shares stung by world growth worries; yen sags

NEW YORK (Reuters) – World stock markets slipped on Thursday on signs the Chinese and European economies were slowing, while Japan’s yen slid to a seven-year low against the dollar on expectations of more Japanese stimulus.

The worries about global demand weighed on Wall Street, which opened lower, and fueled price gains in U.S. government debt. The MSCI index of world stocks was flat, while a gauge of European stocks slipped 0.3 percent.

Nov 19, 2014

Global markets up on Japanese stimulus hopes; Wall St at new highs

NEW YORK (Reuters) – Stock markets around the world rose on Tuesday and the yen hit a seven-year low as news of a snap election and a delayed tax increase in Japan bolstered hopes for new stimulus measures a day after data showed the country was back in recession.

Wall Street got additional lift from merger deals, rises in healthcare issues and benign U.S. inflation data, with the S&P 500 and Dow Jones industrial average closing at new highs.

Nov 18, 2014

Markets up on Japanese stimulus hopes; Wall St at new highs

NEW YORK, Nov 18 (Reuters) – Stock markets around the world
rose on Tuesday and the yen hit a seven-year low as news of a
snap election and a delayed tax increase in Japan bolstered
hopes for new stimulus measures a day after data showed the
country was back in recession.

Wall Street got additional lift from merger deals, rises in
healthcare issues and benign U.S. inflation data, with the S&P
500 and Dow Jones industrial average closing at new highs.

Nov 18, 2014

Markets up on Japanese stimulus hopes

NEW YORK, Nov 18 (Reuters) – Stock markets around the world
rose on Tuesday and the yen hit a seven-year low as news of a
surprise election and a delayed tax increase in Japan
strengthened hopes for new stimulus measures a day after data
showed the country was back in recession.

Japan’s currency fell through 117 yen to the dollar, a low
last touched during October 2007, but recovered some as the U.S.
dollar declined against the euro and other major currencies,

Nov 18, 2014

Markets rally on stimulus hopes after Japan vote call

NEW YORK (Reuters) – Stock markets around the world rose on Tuesday and the yen hit a seven-year low as news of a surprise election and a delayed tax increase in Japan strengthened hopes for new stimulus measures a day after data showed the country slid back into recession.

The yen hit a seven-year low before recovering somewhat, and the U.S. dollar declined against the euro and other major currencies as bond yields eased.

Nov 14, 2014

Dollar declines as rally sputters; euro pivots to gains

NEW YORK, Nov 14 (Reuters) – The dollar gave up strong early
gains and turned lower on Friday after the battered euro pivoted
to price gains amid reports of short-covering in the common
currency and a drop in U.S. bond yields.

The euro had its first weekly gain in four weeks and
on Friday last traded at $1.2523, up 0.40 percent for the day.

Nov 14, 2014

Dollar rally ends as euro pivots to gains

NEW YORK, Nov 14 (Reuters) – The dollar gave up strong early
gains to turn lower on Friday after the battered euro turned
higher on reports of short-covering in the common currency and a
drop in U.S. bond yields.

The dollar index, which had touched a four-year high
of 88.267 after a U.S. retail sales report bolstered views of a
strengthening U.S. economy, was off 0.14 percent at 87.549.