Wayne's Feed
Mar 26, 2015

Asia shares slip; oil up on Yemen escalation

SYDNEY, March 26 (Reuters) – Asian shares slipped on
Thursday as losses on Wall Street and soft U.S. economic data
soured sentiment, while the dollar’s bull run looked to have
stalled for the time being.

Oil prices edged higher after Saudi Arabia and its Gulf Arab
allies launched air strikes in Yemen against Houthi fighters who
have tightened their grip on the southern city of Aden where the
country’s president had taken refuge.

Mar 25, 2015

Asia shares slip as soft U.S. data dims mood

SYDNEY (Reuters) – Asian shares slipped on Thursday as losses on Wall Street and soft U.S. economic data soured sentiment, while the dollar’s bull run looked to have stalled for the time being.

Dealers said synchronized selling in recently popular trades including biotech stocks, Treasuries and the dollar, smacked more of profit-taking for the quarter end than a major shift in market trends.

Mar 19, 2015

As Australia sheds mining jobs, professions enjoy a hiring frenzy

SYDNEY, March 20 (Reuters) – Employment in Australia’s
hard-pressed mining sector fell by almost a fifth in the past
year as tumbling commodity prices ate into profits, leaving it
at its lowest ebb since mid-2011.

Yet twice as many new jobs have been created in
professional, scientific and technical services – a catch-all
that includes everything from architects to engineers to lawyers
- courtesy of a boom in housing construction.

Mar 19, 2015

Asia stocks surge, bond yields tumble on Fed caution

SYDNEY (Reuters) – Asian shares enjoyed their best session in 18 months on Thursday as investors priced in a later start and a slower pace for future U.S rate rises, slashing sovereign bond yields from Japan to Australia.

The shift in rate expectations hit the dollar hard at first, though the damage lessened as the session wore on. The formerly friendless euro had found itself as high as $1.10625 in wild trade on Wednesday, only to fade to $1.0767 in Asia.

Mar 19, 2015

Dollar sags, bonds boom as Fed takes dovish tack

SYDNEY (Reuters) – The dollar was giving ground in Asia on Thursday as investors priced in a later start and a slower pace for future U.S rate rises, slashing bond yields globally and firing up stocks.

The formerly friendless euro found itself up at $1.0880 EUR=, having jumped 2.8 percent on Wednesday, while oil held gains of 5 percent as the dollar retreat benefited commodities.

Mar 18, 2015

Dollar down, bonds elated as Fed takes dovish tone

SYDNEY (Reuters) – The dollar nursed punishing losses in Asia on Thursday after investors priced in a later start and a slower pace for future U.S rate rises, slashing Treasury yields and firing up Wall Street stocks.

The formerly friendless euro found itself up at $1.0835 EUR=, having jumped 2.8 percent on Wednesday, while oil held gains of 5 percent as the dollar retreat lifted commodities.

Mar 17, 2015

Dollar bulls bank on Fed losing its patience

SYDNEY (Reuters) – The dollar stood steady in Asia on Wednesday just hours before the Federal Reserve was expected to take a major step toward lifting interest rates for the first time in almost nine years.

A Fed statement is due at 1800 GMT, followed half an hour later by a press conference with Chair Janet Yellen. The central bank will also release members’ forecasts for inflation and interest rates, and some analysts suspect the trajectory of future increases could be lowered.

Mar 10, 2015

Dollar hits 12-year peak, emerging markets spooked

SYDNEY (Reuters) – The U.S. dollar climbed to multi-year peaks against the euro and yen in Asia on Tuesday amid starkly diverging outlooks for interest rates globally, while currencies from emerging markets came under mounting pressure from risk aversion.

The skittish mood spread to Asian stocks as MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.6 percent.

Mar 9, 2015

Dollar at three month peak on yen, China data awaited

SYDNEY (Reuters) – The U.S. dollar held near multi-year highs on the yen and euro on Tuesday amid starkly different outlooks for global interest rates, while Asian investors braced for more economic news from China.

The dollar was nearing major chart barriers against the yen, having hit a three-month high at 121.46 yen JPY=. A break of 121.84 would take it to territory not visited since July 2007.

Mar 6, 2015

Dollar juiced up for jobs data, Nikkei hits a high

SYDNEY (Reuters) – The dollar held pole position in Asia on Friday as bulls wagered a looming U.S. jobs report would add to the chance of rate hikes there, even as the European Central Bank embarks on a trillion euro campaign of bond-buying.

The same balance of risks kept most equity investors cautious with MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS up a slim 0.2 percent.