News & Analytic Centre

European Stocks Inch Towards Record High as PMIs

European stocks kicked off the new quarter with gains on Thursday, as optimism around a new U.S. government spending plan and strong factory activity data out of the euro zone eclipsed concerns about another lockdown in France. The panEuropean STOXX 600 index rose 0.5, hovering just 2 points below its alltime high. The benchmark ended […]
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Euro Zone Bonds Steady, Balancing Lockdowns and Recovery

AMSTERDAM, April 1 Reuters Euro zone bond yields held ground on Thursday, having little reason to change direction in a balancing act between extended lockdowns, central bank support and data pointing to signs of economic recovery. France announced late on Wednesday it would widen lockdown measures to the entire country starting Saturday, in the latest […]
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Stocks Edge Up as Biden Spending Plan Boosts U.S. Outlook

Stocks crept higher on Thursday following their weakest quarter in a year, while higher Treasury yields supported the dollar, as investors parsed the details of a 2 trillion U.S. government spending plan and hoped for strong jobs data later in the week. MSCIs broadest index of AsiaPacific shares outside Japan rose 0.6 after a modest […]
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Oil Gains Ahead of OPEC Meeting on Output Policy

Crude prices rose on Thursday, recouping some of the previous sessions losses on expectations that a meeting of OPEC and its allies later on Thursday would yield output constraint in the face of resurgent COVID19 infections in some regions. Brent crude for June delivery was up by 31 cents, or 0.5, at 63.05 a barrel […]
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Australia, NZ Dollars Lean on Support as US Barges Ahead

SYDNEY, April 1 Reuters The Australian and New Zealand dollars were perilously close to major chart bulwarks on Thursday as the U.S. dollar continued its broad advance, though both currencies fared better against the lowyielding euro and yen. The Aussie eased to 0.7584, after failing to clear resistance at 0.7664. The focus was on the […]
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