Asian stocks poised for gains after late Wall St dash

NEW YORK (Reuters) – Asian stocks were set to open higher on Friday as a late Wall Street rally supported global sentiment although weak U.S. data and uncertainty about a stimulus package in Washington have kept a lid on confidence.FILE

No sign of US, China as global vaccine plan gathers momentum

The COVAX initiative pools resources to ensure poorer nations will have access to any life-saving future vaccine. An initiative to ensure any future vaccine against COVID-19 is fairly shared throughout the world has secured the backing of 156 countries and territories, representing

Asian stock markets gain following tech bounce, euro waits for ECB

SINGAPORE/NEW YORK (Reuters) – Asia’s stock markets snapped their longest losing streak since February on Thursday and rose following a bounce on Wall Street, though subdued trade in currency, commodity and bond markets suggested investors remain cautious about the outlook.

With big tech on holiday, world shares inch higher

LONDON (Reuters) – World shares inched higher led by Europe on Monday, after last week’s rout in U.S. technology stocks that saw $2.3 trillion in value wiped off in two days with investors taking note of lofty valuations when the

Euro dips as traders look towards ECB meeting

LONDON (Reuters) – The euro fell on Monday as traders that have pushed the single currency to multi-year highs took a breather and prepared for the European Central Bank meeting on Thursday to see if policymakers will introduce yet more

Take Five: ECB takes the hot seat

LONDON (Reuters) – 1/ EURO-WATCHING There’s plenty for the ECB to chew over at its meeting on Thursday. The euro hit $1.20 for the first time since 2018 – not a big deal if that reflects optimism about the future,

Dollar steadies after U.S. jobs report, focus shifts to ECB meeting

TOKYO (Reuters) – The dollar steadied in holiday-thinned trade on Monday after U.S. jobs data showed job growth slowed further in August, while traders shifted their focus to the European Central Bank’s meeting on Thursday. The U.S. Labour Department report

Dollar steadies after U.S. jobs report, focus shifts to ECB meeting

TOKYO (Reuters) – The dollar steadied in holiday-thinned trade on Monday after U.S. jobs data showed job growth slowed further in August, while traders shifted their focus to the European Central Bank’s meeting on Thursday. The U.S. Labour Department report