Equities surge, bonds tumble on surprise U.S. jobs gains

06/05/2020

NEW YORK (Reuters) – An unexpected jump in U.S. employment sent world equities surging on hopes that the global economy has started to recover from the coronavirus pandemic, pulling investors out of perceived safe havens like government bonds and gold. U.S. nonfarm payrolls rose by […]

Global stocks and euro surge ahead of U.S. jobs data

06/05/2020

LONDON/SYDNEY (Reuters) – World stocks held their ground near three-month highs as the euro hit its highest level since March 10, thanks to Europe’s stimulus boost, fuelling hopes for a global rebound. Investors are pricing in an economic recovery despite data showing the severe damage […]

Asia stocks make cautious gains as China worries slow recovery rally

06/02/2020

SINGAPORE (Reuters) – Asian stocks eked out gains on Tuesday as investors’ focus on the prospects of a global coronavirus recovery won out over familiar worries about Sino-U.S. relations and the depth of economic damage. Hampering broader global risk appetite, however, was U.S. President Donald […]

Asia stocks make cautious gains as China worries slow recovery rally

06/02/2020

SINGAPORE (Reuters) – Asian stocks eked out gains on Tuesday as investors’ focus on the prospects of a global coronavirus recovery won out over familiar worries about Sino-U.S. relations and the depth of economic damage. Hampering broader global risk appetite, however, was U.S. President Donald […]

Stocks under pressure as Trump vows to end violent protests

06/02/2020

NEW YORK (Reuters) – Asian stocks were set to come under pressure on Tuesday following a dip in Wall Street futures as U.S. President Donald Trump vowed to use force to end violent protests in American cities, souring a previously upbeat market mood. E-mini futures […]

World equities edge higher despite U.S.-China tensions

06/01/2020

NEW YORK (Reuters) – World stock markets hovered near three-month highs and safe-haven government bonds inched lower as risk appetite grew on signs that the global economic downturn has bottomed, despite worries over violent protests in the United States and unease over Washington’s standoff with […]

Stocks scale 3-month peak, dollar sags on reopening joy

06/01/2020

LONDON (Reuters) – World stocks were just shy of three-month highs and the dollar weakened further on Monday as optimism on economies opening up boosted risk appetite, shrugging off worries over riots in the U.S. and unease over Washington’s power struggle with Beijing. After having […]