Gulf Markets Rise on China Demand Optimism

Jan 24 Reuters Gulf stock markets closed higher on Tuesday on expectations of economic recovery in the world39;s second largest economy, China, and smaller interest rate hikes from the U.S. Federal Reserve. The Fed will end its tightening cycle after a 25basispoint hike at each of its next two policy meetings and then likely hold interest rates […]
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Dollar Struggles, Shares Buoyant as Data Set the Mood

LONDON, Jan 24 Reuters The euro held at a ninemonth top against the dollar and global equities bobbed at multimonth highs on Tuesday after reasonable European business activity data and a slew of corporate earnings kept risk appetite buoyant. Euro zone business activity made a surprise return to growth in January, the latest sign that […]
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European Shares Slip as Business Activity Data Underwhelms

EZ Jan business activity returns to growth PMI Swatch Group up, says positive on China recovery Norwegian salmon farmers jump on tax cut hope Jan 24 Reuters European stocks reversed early gains on Tuesday as betterthanexpected business activity data in the euro zone failed to excite investors worried about further interest rate hikes by the […]
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