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European shares recover after U.S. tech rout; dollar falls

12 hours ago DieselGasoil Comments Off on European shares recover after U.S. tech rout; dollar falls
LONDON (Reuters) – European shares recovered on Tuesday after feeling the strain of a tech rout on Wall Street, while the dollar lost momentum as hopes mounted for a de-escalation in the Sino-U.S. tariff war. The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March 21, 2018. REUTERS/Tilman Read More

Asian shares pare losses on U.S.-China trade optimism, oil slides

19 hours ago DieselGasoil Comments Off on Asian shares pare losses on U.S.-China trade optimism, oil slides
SYDNEY (Reuters) – Asian shares pared losses on Tuesday as hopes for a de-escalation of the Sino-U.S. tariff war drew support from reports that China’s top trade negotiator was preparing to visit the United States ahead of a meeting between the two countries’ leaders. People walk past an electronic board showing Japan’s Nikkei average outside Read More

Hedge funds resume attack on sterling as Brexit fears mount: McGeever

22 hours ago DieselGasoil Comments Off on Hedge funds resume attack on sterling as Brexit fears mount: McGeever
(The opinions expressed here are those of the author, a columnist for Reuters.) Pound Sterling notes and change are seen inside a cash resgister in a coffee shop in Manchester, Britain, September 21, 2018. REUTERS/Phil Noble/File Photo By Jamie McGeever LONDON (Reuters) – The likelihood of a hard Brexit, where the UK economy crashes out Read More

Asian shares sell-off on Wall Street tech rout, oil slides

23 hours ago DieselGasoil Comments Off on Asian shares sell-off on Wall Street tech rout, oil slides
SYDNEY (Reuters) – Asian shares skidded on Tuesday after a rout in tech stocks put Wall Street to the sword, while a sharp drop in oil prices and political risks in Europe pushed the dollar to 16-month highs as People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, Read More

Asian shares falter, dollar at 16-month peak on Europe, Brexit woes

24 hours ago DieselGasoil Comments Off on Asian shares falter, dollar at 16-month peak on Europe, Brexit woes
SYDNEY (Reuters) – Asian shares stumbled on Tuesday after a rout in tech stocks inflicted a hefty sell-off on Wall Street, while the dollar hit a 16-month peak on safe haven bets amid political risks in Europe and acrimonious Sino-U.S. trade relations. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage Read More

'King dollar' benefits from European risks, growth fears

2 days ago DieselGasoil Comments Off on 'King dollar' benefits from European risks, growth fears
LONDON (Reuters) – The dollar surged to nearly 17-month highs on Monday against a basket of major currencies as investors sought out the highly liquid and high-yielding currency against a backdrop of global growth worry and rising political risk in Italy and Britain. People walk past the entrance of the London Stock Exchange in London, Read More

Sterling tumbles on Brexit turmoil; dollar, oil jump

2 days ago DieselGasoil Comments Off on Sterling tumbles on Brexit turmoil; dollar, oil jump
SHANGHAI (Reuters) – Sterling fell on Monday, helping to boost the dollar to a 16-month high, amid mounting doubts over whether Prime Minister Theresa May can come up with a Brexit deal that would win the backing of the European Union and her own party. FILE PHOTO: A panel displays the closing Hang Seng Index Read More

Asia stocks lower amid growth worries; oil rebounds

2 days ago DieselGasoil Comments Off on Asia stocks lower amid growth worries; oil rebounds
SHANGHAI (Reuters) – Asian shares drifted lower on Monday as signs of softening demand in China rekindled anxiety about the outlook for world growth, but Saudi Arabia’s plans to cut production helped to halt a slide in oil prices. FILE PHOTO: A panel displays the closing Hang Seng Index outside a bank in Hong Kong, Read More

Asia stocks pressured on global growth worries, oil woes

2 days ago DieselGasoil Comments Off on Asia stocks pressured on global growth worries, oil woes
SHANGHAI (Reuters) – Asian shares fell on Monday, extending weakness in global equity markets at the end of last week as soft Chinese economic data and falling oil prices rekindled anxiety about the outlook for world growth. FILE PHOTO: A panel displays the closing Hang Seng Index outside a bank in Hong Kong, China November Read More

British firms hitch onto China's aerospace boom as Brexit looms

5 days ago DieselGasoil Comments Off on British firms hitch onto China's aerospace boom as Brexit looms
ZHUHAI, China/LONDON (Reuters) – British electronics manufacturing company TT Electronics (TTG.L) is hoping its first attendance at China’s biggest air show with support from UK authorities will help it land a front-seat role in the production of the world’s next wide-body jet. People are seen at the British pavilion during the China International Aviation and Read More