markets

Fidelity retirement funds warm to Canada, cool to emerging markets

1 day ago DieselGasoil Comments Off on Fidelity retirement funds warm to Canada, cool to emerging markets
BOSTON (Reuters) – Fidelity Investments has cut exposure to red-hot emerging markets stocks in its age-based retirement funds while putting more money into Canadian stocks and U.S. government bonds. The shift, reflected in a Morningstar Inc report released on Thursday, shows how the $200 billion-plus Fidelity Freedom Funds franchise is taking a slightly more defensive Read More

Markets Avert Black Thursday Fall

1 day ago DieselGasoil Comments Off on Markets Avert Black Thursday Fall
Shutterstock photo As we discussed earlier this week, today is the 30th anniversary of the stock market crash in 1987, which would later be referred to as “Black Monday.” A heavy sell-off overseas – particularly in Hong Kong and rippling out to smaller places on the Pacific Rim, most notably New Zealand – came home Read More

World markets steady as China congress starts and monetary policy gets back in focus

3 days ago DieselGasoil Comments Off on World markets steady as China congress starts and monetary policy gets back in focus
MILAN (Reuters) – World stocks stayed near peaks and currencies moved in tight ranges on Wednesday as China’s Communist Party conference opened and the focus in Europe turned to speeches from top euro zone central bankers before next week’s key policy meeting. Talk over the next Federal Reserve Chairman also gave Investors something to chew Read More

Asia shares camp near peaks, markets ponder Xi's speech

3 days ago DieselGasoil Comments Off on Asia shares camp near peaks, markets ponder Xi's speech
SYDNEY (Reuters) – Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as Investors waited to see what policies might emerge from China’s Communist Party conference. The twice-a-decade congress is expected to cement the power of President Xi Jinping, who kicked off the week-long event with a wide-ranging speech in which Read More

MIDEAST STOCKS-Saudi falls, most markets trade narrowly

6 days ago DieselGasoil Comments Off on MIDEAST STOCKS-Saudi falls, most markets trade narrowly
* Al Rajhi Bank, Ma‘aden, SABIC sink in Saudi * Almarai surges after PIF keeps 16.3 percent stake * Dubai’s Islamic Arab Insurance swings widely in heavy trade * Abu Dhabi’s Dana sinks after London sukuk hearings adjourned * Qatar National Bank firm after last week’s earnings By Andrew Torchia DUBAI, Oct 15 (Reuters) – Read More

GLOBAL MARKETS-Dollar stays low as stocks cheer latest record streak

1 week ago DieselGasoil Comments Off on GLOBAL MARKETS-Dollar stays low as stocks cheer latest record streak
LONDON (Reuters) – World stock(s) rose for a fourth straight day on Friday on expectations of broad-based global growth, while the Dollar headed for its worst week in five as investors awaited U.S. inflation data. MSCI’s world equity index, which tracks shares in 47 countries, was up 0.1 percent after hitting record highs on Thursday. Read More

EMERGING MARKETS-Rand jumps on Zuma court ruling; MSCI index at 6-year high

1 week ago DieselGasoil Comments Off on EMERGING MARKETS-Rand jumps on Zuma court ruling; MSCI index at 6-year high
LONDON, Oct 13 (Reuters) – The South African rand jumped to two-week highs on Friday after a court ruling that upheld reinstating corruption charges against unpopular President Jacob Zuma, while the rally on broader emerging markets continued. MSCI’s emerging equity index inched to new six-year highs on back of encouraging Chinese trade data, record high Read More

GLOBAL MARKETS-Asia shares at 10-year high ahead of U.S. data, China Congress

1 week ago DieselGasoil Comments Off on GLOBAL MARKETS-Asia shares at 10-year high ahead of U.S. data, China Congress
TOKYO (Reuters) – Asian stocks edged to a 10-year high on Friday thanks to expectations of brisk global growth, although investors held off chasing shares higher ahead of U.S. economic data and next week’s Chinese Communist Party Congress. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.15 percent, having gained 3.6 percent so Read More

GLOBAL MARKETS-Asia shares firm to near 10-year high ahead of U.S. data, China Congress

1 week ago DieselGasoil Comments Off on GLOBAL MARKETS-Asia shares firm to near 10-year high ahead of U.S. data, China Congress
TOKYO (Reuters) – Asian stocks held firm near a 10-year high on Friday thanks to expectations of brisk global growth, although investors held off chasing the shares higher ahead of U.S. and Chinese economic data as well as the Chinese Communist Party congress next week. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was Read More

GLOBAL MARKETS-Inflation weighs on yields, dollar; stocks lackluster

1 week ago DieselGasoil Comments Off on GLOBAL MARKETS-Inflation weighs on yields, dollar; stocks lackluster
NEW YORK (Reuters) – U.S. Treasury yields dipped and the Dollar pared gains on Thursday as investors waited on U.S. inflation data while Wall Street stock indexes were largely unchanged as earnings season kicked off with a whimper. U.S. Treasury prices gained after the Treasury Department saw strong demand for a sale of 30-year bonds. Read More