Hints and tips:
...China's rapid recovery and US Off Trade strength), as well as a broad-based rally for nearly all emerging market currencies....
...Sun Yu 71....
...(US$275m)....
...The proposed EU budget increase and recovery fund of €750bn could be a game changer for Europe, although it is not a done deal, and more stimulus is likely in US/China; 4) Positioning remains light and the...
...A new front in the trade war — The Aussie dollar felt the brunt of China restricting the access of Australian coking coal to its ports on Thursday, dipping below 71 cents versus the US currency....
...The US currency was down 0.3 per cent versus the yen at ¥111.24....
...The currency had tumbled 1.4 per cent on Thursday. The South African rand was up 1 per cent on the day, and 2.7 per cent higher for the week....
...The dollar index tracking the US currency against a basket of peers was off as much as 0.3 per cent, with the pound leading gains, up 0.4 per cent at $1.4195. The euro was up 0.3 per cent at $1.2441....
...The US currency was 0.2 per cent higher against the yen at ¥113.04....
...The dollar index, a measure of the currency against a basket of peers, was 0.1 per cent stronger at 93.141, after weakening 0.4 per cent on Friday as US consumer price index data for July came in below forecasts...
...The measure of the US currency against a basket of peers was down 0.2 per cent at 97.044 in Asia and is hovering close to Monday’s six-month low....
...The S&P 500 equity index rose 0.4 per cent to a record close of 2,415, having earlier hit an all-time intraday peak of 2,418.71....
...300 up +0.37 (+0.03%) at 1,469 FTSE100 down -4.38 (-0.06%) at 7,335 CAC 40 up +5.48 (+0.11%) at 4,960 Dax up +1.17 (+0.01%) at 11,967 Currencies €/$ 1.05 (1.05) $/¥ 114.41 (114.32) £/$ 1.22 (1.22) €/£...
...) Markit iTraxx SovX Western Europe -0.01bps at 21.7bp Markit iTraxx Europe +0.07bps at 78.05bp Markit iTraxx Xover -4.99bps at 327.5bp Markit CDX IG -0.95bps at 71.86bp Sources: FT, Bloomberg, Markit...
...The US, by contrast, was tough, with revenues dropping by 3.4 per cent there to £50m....
...unchanged 0.00 (0.00%) at 10,205 Currencies €/$ 1.12 (1.12) $/¥ 109.68 (110.18) £/$ 1.47 (1.47) €/£ 0.7594 (0.7589) Commodities ($) Brent Crude (ICE) up +0.46 at 50.20 Light Crude (Nymex) up +0.33 at...
...The weaker currency should provide a boost to exporters....
...Markets Asian markets Nikkei 225 down -205.55 (-1.04%) at 19,493 Topix down -16.48 (-1.04%) at 1,569 Hang Seng down -328.99 (-1.48%) at 21,874 US markets S&P 500 down -14.62 (-0.70%) at 2,077 DJIA down...
...The prospect of higher US interest rates helped support the dollar, with the dollar index up 0.2 per cent on Friday and 1.4 per cent over the week....
...The pharmaceutical supplier surged as much as 30 per cent to $214 after US drugmaker Mylan offered to acquire it for $205 a share, valuing the business at just under $29bn....
...+22.71 (+0.45%) at 5,099 European markets Eurofirst 300 down -1.84 (-0.12%) at 1,571 FTSE100 up +22.19 (+0.32%) at 6,950 CAC 40 down -34.99 (-0.70%) at 4,999 Dax unchanged 0.00 (0.00%) at 11,420 Currencies...
...+20.32 (+0.11%) at 18,273 Nasdaq down -2.50 (-0.05%) at 5,048 European markets Eurofirst 300 down -8.34 (-0.53%) at 1,573 FTSE100 down -12.55 (-0.18%) at 6,960 CAC 40 down -35.49 (-0.71%) at 4,994 Dax...
...The dollar was weak across the board, with its value against a basket of currencies falling 0.3 per cent....
...The privately held company told the US courts that it is about $4 million in the red. Over the past year, DigiCash has cut most of its workforce, from 50 to six employees....
...at 6,749 CAC 40 up +19.19 (+0.44%) at 4,335 Dax down -33.86 (-0.35%) at 9,720 Currencies €/$ 1.35 (1.35) $/¥ 101.22 (101.28) £/$ 1.71 (1.71) €/£ 0.7917 (0.7912) Commodities ($) Brent Crude (ICE) up +0.03...
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