Specialist Editor, EMEA Financial Markets
Nigel's Feed
Nov 19, 2014

World stocks fall, dollar gains as economic outlooks diverge

LONDON (Reuters) – Shares fell in Europe and Asia on Wednesday while the dollar rose broadly, hitting a new seven-year high against the yen, as investors focused on the divergent outlooks for the world’s major economies.

Oil prices stayed near 4-year lows on signs of disagreement between OPEC members before a meeting next week.

Nov 19, 2014

Shares fall, dollar gains as economic outlooks diverge

LONDON (Reuters) – Shares fell in Europe and Asia on Wednesday while the dollar rose broadly, hitting a new seven-year high against the yen, as investors focused on the divergent outlooks for the world’s major economies.

Oil prices stayed near 4-year lows on signs of disagreement between OPEC members before a meeting next week.

Nov 17, 2014

Japan’s recessionary slide hits world stocks, oil

LONDON (Reuters) – Data showing Japan slipped into recession in the third quarter raised concerns on Monday about global economic health, hitting stocks and the price of oil.

European shares fell, before recovering slightly, and Wall Street looked set to open lower, according to index futures.

Nov 17, 2014

Global stocks fall, oil dips as Japan slips into recession

LONDON (Reuters) – Shares fell and the oil price slid on Monday after data showed Japan had slipped into recession, raising concerns about global growth.

European shares opened lower. They followed Tokyo’s Nikkei index .N225 which lost 3 percent, its biggest one-day drop since August on news that the world’s third-largest economy unexpectedly shrank by an annualised 1.6 percent in the third quarter.

Nov 17, 2014

Stocks fall, oil dips as Japan slips into recession

LONDON, Nov 17 (Reuters) – Shares fell and the oil price
slid on Monday after data showed Japan had slipped into
recession, raising concerns about global growth.

European shares opened lower. They followed Tokyo’s Nikkei
index which lost 3 percent, its biggest one-day drop
since August on news that the world’s third-largest economy
unexpectedly shrank by an annualised 1.6 percent in the third
quarter.

Nov 12, 2014

Sterling slumps after BoE pushes back investors’ rate hike bets

LONDON, Nov 12 (Reuters) – Sterling slumped back under $1.58
on Wednesday after the Bank of England said inflation was likely
to fall further, pushing back bets on the first post-crisis
interest rate hike to the end of 2015.

BoE Governor Mark Carney told a news conference after the
central bank released its quarterly Inflation Report that
inflation could fall below 1 percent in the next six months and
that markets were right to rule out rate rises any time soon.

Nov 12, 2014

Sterling falls after Bank of England rate hike expectations recede

LONDON (Reuters) – Sterling fell and UK government bond futures rallied on Wednesday as the Bank of England said inflation was likely to fall further, prompting investors to push back expectations of when interest rates would first rise towards the end of 2015.

Governor Mark Carney told a news conference after the BoE released its latest quarterly inflation report that it was appropriate that markets now expected “somewhat easier” monetary conditions than three months ago.

Nov 12, 2014

Sterling falls after BoE rate hike expectations recede

LONDON, Nov 12 (Reuters) – Sterling fell and UK government
bond futures rallied on Wednesday as the Bank of England said
inflation was likely to fall further, prompting investors to
push back expectations of when interest rates would first rise
towards the end of 2015.

Governor Mark Carney told a news conference after the BoE
released its latest quarterly inflation report that it was
appropriate that markets now expected “somewhat easier” monetary
conditions than three months ago.

Nov 11, 2014

Global stocks rise, Brent crude hits four-year low

LONDON (Reuters) – European stocks rose on Tuesday, with investors in bullish mood after Wall Street notched up a fourth straight record close and Tokyo’s Nikkei hit a seven-year high on talk that a Japanese sales tax increase may be delayed.

The gains in Tokyo stocks helped push the yen lower versus the dollar. The greenback hit a seven-year high against the Japanese currency as it recovered from losses chalked up after Friday’s below-forecast U.S. payrolls data.

Nov 3, 2014

Dollar surges versus yen, factory data weighs on stocks

LONDON, Nov 3 (Reuters) – The dollar powered to a seven-year
peak against the yen and a two-year high against the euro on
Monday, extending gains on the Bank of Japan’s latest stimulus
action and punishing oil and gold priced in the U.S. currency.

The BOJ’s moves to lift growth and inflation bolstered
expectations the European Central Bank, which meets on Thursday,
would eventually resort to large-scale purchases of government
bond, driving benchmark euro zone yields lower.

    • About Nigel

      "I have been a specialist editor on the financial markets team in London since October 2009 after four years running editorial training in EMEA. I joined Reuters from UK regional newspapers in 1986 and was a correspondent in Helsinki, Moscow and Prague before returning to London in 1999 to join the government bonds desk."
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