Specialist Editor, EMEA Financial Markets
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Aug 31, 2015

Europe, Asia stocks set for worst monthly drop in three years on China, Fed

LONDON (Reuters) – Stocks in Europe and Asia looked set on Monday for their worst monthly losses in at least three years, with investors still concerned about growth in China and the prospect of higher U.S. interest rates.

Falling share prices helped put pressure on the dollar, though weekend comments from U.S. Federal Reserve policymakers leaving the door open to a rise in interest rates as soon as next month kept it well above last week’s seven-month lows.

Aug 31, 2015

Europe, Asia stocks set for worst monthly drop in three years on China, Fed

LONDON, Aug 31 (Reuters) – Stocks in Europe and Asia looked
set on Monday for their worst monthly losses in at least three
years, with investors still concerned about growth in China and
the prospect of higher U.S. interest rates.

Falling share prices helped put pressure on the dollar,
though weekend comments from U.S. Federal Reserve policymakers
leaving the door open to a rise in interest rates as soon as
next month kept it well above last week’s seven-month lows.

Aug 28, 2015

UK investors buy more stocks, cut bond holdings – Reuters poll

LONDON (Reuters) – British investors put more money into stocks in August and, wary of low yields, cut their allocation to bonds to its lowest since July 2014, a Reuters poll found.

The monthly survey of 10 investment managers based in Britain showed average exposure to shares grew to 53.9 percent, its highest since April, from 52 percent in July.

Aug 11, 2015

China devaluation heralds currency war

LONDON (Reuters) – China’s surprise 2 percent devaluation of the yuan on Tuesday pushed the dollar higher and raised the prospect of a new round of currency wars, just as Greece reached a new deal to contain its debt crisis.

Stocks fell in Asia and Europe as investors worried about the implications of the move to support China’s slowing economy and exports.

Aug 11, 2015

China devaluation heralds currency war; Greece gets deal

LONDON, Aug 11 (Reuters) – China’s surprise 2 percent
devaluation of the yuan on Tuesday pushed the dollar higher and
raised the prospect of a new round of currency wars, just as
Greece reached a new deal to contain its debt crisis.

Stocks fell in Asia and Europe as investors worried about
the implications of the move to support China’s slowing economy
and exports.

Jul 20, 2015

Dollar hits three-month high on rate view, pans gold

LONDON (Reuters) – The dollar jumped to three-month highs on Monday, extending its recent run of gains as expectations of a U.S. rate rise gathered pace, while gold prices plunged to their lowest in more than five years.

The greenback posted its best weekly performance in about two months last week, after Federal Reserve Chair Janet Yellen reiterated that U.S. interest rates will probably rise later in the year. Data on Friday showing a robust pick up in U.S. consumer prices and housing starts also helped the rally.

Jul 14, 2015

Global markets – Crude drops after Iran deal, oil stocks hit

LONDON (Reuters) – Oil prices dropped, pushing commodity-linked shares and currencies lower on Tuesday, after Iran and six world powers reached a historic nuclear deal expected to increase the supply of Iranian crude on world markets.

European shares edged lower in early deals, pulled lower by commodity stocks and as investors turned cautious on the prospects of the Greek government winning parliamentary support for reforms demanded by its creditors in exchange for talks on an 86 billion euro rescue package.

Jul 14, 2015

Crude drops after Iran deal hit, hit oil stocks

LONDON (Reuters) – Oil prices dropped, pushing commodity-linked shares and currencies lower on Tuesday, after Iran and six world powers reached a historic nuclear deal expected to increase the supply of Iranian crude on world markets.

European shares edged lower in early deals, pulled lower by commodity stocks and as investors turned cautious on the prospects of the Greek government winning parliamentary support for reforms demanded by its creditors in exchange for talks on an 86 billion euro rescue package.

Jul 7, 2015

Europe shares drop before Greece summit; China falls again

LONDON (Reuters) – European stocks fell and the euro hit a five-week low against the dollar on Tuesday before a euro zone summit to discuss the Greek debt crisis, while a fall in Chinese shares reminded investors of other clouds on the horizon.

Oil recovered some ground after a selloff on Monday prompted by Greek rejection of the terms of a bailout and the Chinese stock market turmoil.

Jul 7, 2015

Global markets – Europe steadies before Greece summit

LONDON (Reuters) – European stock and bond markets steadied on Tuesday before a euro zone leaders summit to discuss the Greek debt crisis while a further fall in Chinese shares reminded investors of other dark clouds on the horizon.

Oil recovered some ground after Monday’s stomach-churning selloff prompted by Greeks’ overwhelming rejection of the terms of a bailout deal and the Chinese stock markets turmoil.

    • 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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