Earnings Buoy European Shares But DAX Hurt By Siemens
European shares inched up on Thursday as solid company earnings more than offset a weak energy sector and a slump in German industrial giant Siemens on delays to a planned unit listing.
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European shares inched up on Thursday as solid company earnings more than offset a weak energy sector and a slump in German industrial giant Siemens on delays to a planned unit listing.
Read MoreRosy economic data lifted European stock markets on Thursday even as broader world equity markets dipped.
Read MoreThe dollar fell against the yen, euro and Swiss franc on Thursday after weaker-than-expected U.S. services sector data worried investors ahead of jobs data and stoked doubts that the Federal Reserve would raise interest rates again in 2017.
Read MoreThree top Democratic senators, in a rare show of bipartisanship, on Wednesday urged U.S. President Donald Trump to stand up to China as he prepares to launch an inquiry into Beijing’s intellectual property and trade practices in coming days.
Read MoreThe dollar inched away from a 15-month low versus a basket of currencies on Thursday, but was still looking wobbly due to doubts about whether there will be another U.S. interest rate rise this year.
Read MoreGold prices on Thursday drifted further away from seven-week highs hit earlier this week, as the dollar firmed on expectations the U.S. Federal Reserve could trim its bond holdings in September.
Read MoreOil dipped on Thursday as a rally that has pushed up prices by almost 10 percent since early last week lost momentum despite renewed signs of a gradually tightening U.S. market.
Read MoreChina’s yuan eased against the U.S. dollar on Thursday on rising corporate demand for the greenback, traders said.
Read MoreAsian shares slid on Thursday, led by falls in South Korean tech shares, as investors locked in recent gains after Wall Street’s Dow Jones Industrial Average broke the 22,000 barrier for the first time in its 121-year history.
Read MoreThe euro climbed to a fresh 2-1/2 year high against the dollar on Wednesday as investors added long bets in the single currency.
Read MoreAs you think, so shall you become.Bruce Lee