Articles by simon yao
Gold Eases With Stocks, Euro As Risk Appetite Wanes
August 08 2012 9:32 AM
Gold prices eased on Wednesday as the euro ran into profit-taking and stock markets dipped, with the previous day's burst of sharper risk appetite running out of steam after German economic data fell short of expectations.
- Euro slips on doubts over effective ECB response
August 06 2012 9:57 AM
The euro eased on Monday after making significant gains, with many investors wary of buying the currency on caution about how effective action pledged by European policymakers to resolve the euro zone crisis would be.
- European shares touch 4-month highs, led by cyclicals
August 06 2012 9:56 AM
European equities touched fresh four-month highs on Monday, with investors shifting into financials from the more defensive drugmakers and food producers after the European Central Bank opened the way for measures to fight the euro zone debt crisis.
- HSBC leads Hong Kong share gains, Shanghai at 2-week high
August 06 2012 9:55 AM
Hong Kong shares closed at their highest in almost three months on Monday, tracking an Asia-wide rally following better-than-expected U.S. jobs data on Friday that spurred gains for riskier assets.
Gold Rises On Expectations Of More U.S. Stimulus
August 06 2012 9:28 AM
Gold prices rose on Monday, extending the last session's recovery from four days of declines, as investors bet that Friday's better-than-expected jobs data would not be enough to head off another round of monetary easing in the United States.
- Shares, oil extend gains on U.S. jobs report
August 03 2012 10:17 AM
An unexpected surge in the number of people hired by U.S. employers during July boosted the dollar against the yen, lifted oil prices and extended gains on world share markets on Friday.
- Oil gains, boosted by strong U.S. jobs data
August 03 2012 10:16 AM
Crude oil futures rose on Friday, buoyed by better than forecast U.S. jobs data that improved sentiment about the economic prospects of the world's largest oil consumer, while worries about supply also provided support.
- Dollar, euro rise vs. yen as jobs data boosts risk
August 03 2012 10:15 AM
The U.S. dollar rose to a two-week high against the yen and the euro rallied on Friday after a report showing the U.S. economy added the most jobs in five months in July boosted investor appetite for risk.
LME Copper Edges Up; Growth Worries Cap Gains
August 03 2012 10:14 AM
London copper edged up on Friday, but prices were still set for their biggest weekly loss in two months after European Central Bank inaction disappointed markets and as worries over global growth dragged on the outlook for metals.
- European shares extend gains, banks surge higher
August 03 2012 10:10 AM
European shares extended gains on Friday, as Wall Street opened sharply higher after stronger-than-expected U.S. jobs data.
- Hong Kong shares slip below chart support, China stocks up
August 03 2012 10:07 AM
Hong Kong shares weakened below a key technical support level on Friday, in a general move away from riskier assets after inaction by the European Central Bank and Federal Reserve dashed investors' hopes of easing.
Gold Edges Higher Ahead Of U.S. Payrolls Data
August 03 2012 10:02 AM
Gold prices rose on Friday, recovering some ground lost in four straight sessions of declines as the dollar fell versus the euro, but they struggled for traction ahead of a key U.S. jobs report due later in the day.