Archive for the 'Finance' Category

Risky assets struggle to extend rise


Global Markets Overview: A recovery in risky assets is running out of steam, as optimism about stronger company earnings wanes and fears that growth may ease are on the rise


Archive for the 'Finance' Category

Bank shares lead global equity rally


Global Markets Overview: The FTSE All-World index is up 0.5% and the euro is adding to recent rises as investors regain their faith in a solid, if unspectacular, economic recovery


Archive for the 'Finance' Category

US recovery stall expected


Data on gross domestic product and the housing market are set to confirm that the upturn in the world’s biggest economy has slowed and that stimulus measures will remain


Archive for the 'Finance' Category

Risky assets rally as test results digested


Risky assets were higher following the initial results of the European bank stress tests, in which all but seven banks passed, but traders are waiting until Monday to take a stronger view of the eurozone’s future


Archive for the 'Finance' Category

US earnings data ease concerns in Asia


Robust quarterly reports from economic bellwethers such as Caterpillar and 3M temper concerns about a global slowdown ahead of European bank stress test results