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Tuesday, 7 October 2014
German data, IMF growth outlook weigh on Wall Street
NEW YORK (Reuters) - U.S. stocks were falling on Tuesday as weak data out of Germany added to concerns about possible headwinds to corporate outlooks ahead of the start of earnings season.
Adding to concerns, the International Monetary Fund cut its global economic growth forecasts...
Forex - Euro lower after weak German industrial data
The euro was broadly lower against the other major currencies on Tuesday as weak German industrial production data added to fears over the outlook for the euro zone economy.
The euro hit session lows after data showed that industrial output in Germany dropped by 4.0% in...
U.S. oil futures edge lower ahead of weekly supply data
U.S. oil futures edged lower on Tuesday, as market players awaited the release of fresh weekly information on U.S. stockpiles of crude and refined products to gauge the strength of demand in the world’s largest oil consumer.
A day earlier, Nymex oil futures rose 60 cents,...
Forex - Dollar gives up gains vs. yen after BoJ
The dollar gave up gains against the yen on Tuesday after the Bank of Japan held off implementing fresh monetary easing measures, but sounded a more pessimistic tone on the outlook for the economy.
USD/JPY was last down 0.17% to 108.59, off session highs of 109.24.
The...
Asian shares edge up, dollar steadies after drop
By Lisa Twaronite TOKYO (Reuters) - Asian shares tentatively rose in early trade on Tuesday, while the dollar steadied after investors locked in some gains overnight on its recent rally.
MSCI's broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) was up 0.2...
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