Tag Archives: Market reports

Stocks wear thin as coronavirus surge destroys hopes of recovery

SINGAPORE (Reuters) – Asian stocks posted their biggest decline in eight sessions, bonds rose and the US dollar held firm on Thursday due to growing cases of coronavirus in the United States and the International Monetary Fund’s downgrade to economic projections reduced confidence in a recovery. FILE PHOTO: Passers-by wearing …

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Dollar earnings from coronavirus, tariff concerns

NEW YORK (Reuters) – The dollar rose on Wednesday as a surge in coronavirus cases in the United States weighed in on optimism about a rapid economic recovery, and as the United States weighed tariffs on European products. FILE PHOTO: US dollar bills are seen in this image illustration from …

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Dollar wobbles as PMI data fuels hopes for global recovery

SINGAPORE (Reuters) – The dollar was under pressure on Wednesday, after optimistic data in Europe boosted the euro and helped fuel hopes for a global economic recovery, bolstering investors’ appetite for riskier currencies. FILE PHOTO: US dollar bills are seen in this photograph taken on February 12, 2018. REUTERS / …

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Gold Shines as Rising Coronavirus Makes Investors Nervous

LONDON (Reuters) – Gold prices rose to their highest level in nearly eight years on Wednesday, as global stocks cooled as signs of a rally in coronavirus cases kept investors on edge. FILE PHOTO: Gold bars and granules are displayed at the Austrian Oegussa silver-gold separation plant in Vienna on …

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