Asian markets fell Tuesday as investor concerns on the euro zone debt crisis were revived amid fading optimism after the Greek elections and increasing borrowing costs of Spain.
Stock markets in China and Hong Kong declined Tuesday as renewed concerns over Spain's financial woes offset optimism over the Greek election results.
This week's data releases highlight Wednesday's Federal Open Market Committee (FOMC) statement, which will likely present a dovish tone. However, those who are expecting for the announcement of renewed asset purchases will likely be disappointed.
Stock markets in China and Hong Kong gained Monday as sentiment was buoyed after the news that pro-bailout parties in Greece gained sufficient votes to form a government.
Tiger Woods is back, and the US Open is now his tournament to lose.
Precious and industrial metals have been moving higher over the past few sessions in spite of fundamentals, suggesting commodities traders are loading up on the physical assets in anticipation of seeing at least one of the world's major central banks turn on the money spigots later this month.
Asian markets rose Wednesday but gains were weighed down as investors were worried about the debt crisis lingering over the euro zone.
Stock markets in Hong Kong and China advanced Wednesday following an overnight rally in Wall Street overnight.
Asian stocks fell Tuesday as optimism on the 100 billion euro ($125 billion) aid for Spanish banks faded, and markets failed to uphold the gains made Monday.
Stock markets in China and Hong Kong declined Tuesday, following losses on the Wall Street overnight as the early optimism over the Spanish bailout plan faded.
China's May data dump over the weekend and on Monday painted a mixed picture of the economic health of the world's second-largest economy.
Asian markets rose Monday as investors were encouraged by the announcement of the Spanish bank aid deal and a report of less worrisome data from China over the weekend.
Stock markets in China and Hong Kong gained Monday as sentiment was buoyed on news that the euro zone will provide financial assistance to help Spain's troubled banks.
Asian markets rose this week amid hopes that policy makers would take concrete measures to tackle the financial crisis and regain the economic growth momentum.
In 2009, the Economist Intelligence Unit devised an acronym for six emerging countries, CIVETS, which includes Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa. These countries were categorized as the six countries with the best chance of high, long-term growth.
Crude oil futures hovered below $84 a barrel Tuesday as concerns over the euro zone debt crisis continued to weigh on the sentiment.
Futures on major U.S. indices point to a slightly higher opening Tuesday ahead of the nonmanufacturing composite index report, as well as a teleconference among G7 leaders.
Stock markets in China and Hong Kong advanced Tuesday after data showed that the China's services industry expanded at its fastest rate in 19 months in May.
Asian markets rose Tuesday amid hopes that policy makers in Europe would take measures to stem the debt crisis and regain the economic growth momentum.
India's BSE Sensex rose Tuesday, tracking positive cues from other Asian markets and following recovery staged by the rupee.
China's services activity in May grew at the fastest rate in 19 months, according to the HSBC Purchasing Managers Index released Tuesday.
Stocks have wiped out their year-to-date gains. US payrolls are down while unemployment is up. Yields on high-demand government bonds are at record lows. Speculation abounds the US Fed might even print more money. Is it any wonder some are talking about gold?s rebound?