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Feb 5, 2015

Oil resumes rise, euro recovers after slide

NEW YORK (Reuters) – Stock markets around the world were mostly higher on Thursday, lifted as crude oil resumed its recent rise, but investors digested the European Central Bank’s surprise decision to strike Greek bonds off its list of accepted collateral.

While U.S. equities rose on the day, with energy shares among the biggest gainers, the pan-European FTSEurofirst .FTEU3 share index fell 0.4 percent. The MSCI International ACWI Price Index .MIWD00000PUS rose 0.4 percent.

Feb 5, 2015
Feb 5, 2015
Feb 5, 2015
Feb 4, 2015

Euro slumps, bonds rally after ECB puts more pressure on Greece

NEW YORK, Feb 4 (Reuters) – The euro slumped late on
Wednesday and safe-haven U.S. government bonds rallied after the
European Central Bank abruptly canceled its acceptance of Greek
bonds in return for funding, putting more pressure on Greece to
reach new reforms.

The move, which means that the Greek central bank will have
to provide its banks with tens of billions of euros of
additional emergency liquidity in the coming weeks, was a
response to what many in Frankfurt saw as the Greek government’s
abandoning of its aid-for-reform program.

Feb 4, 2015
Feb 4, 2015

Dollar rebounds after slide, oil slumps

NEW YORK, Feb 4 (Reuters) – The U.S. dollar rebounded on
Wednesday from its worst day in more than a year, while a
retreat in oil prices pressured energy shares and weighed on
Wall Street.

U.S. crude futures, which had risen almost 20 percent
over the previous four session, fell 7.9 percent. Brent crude
fell 5.4 percent to $54.76 per barrel. On Wall Street,
the S&P Energy index fell 1.6 percent, the
worst-performing group among S&P sectors.

Feb 4, 2015
Feb 4, 2015
Feb 4, 2015