38998
World Markets Steady
World Economy

World Markets Steady

Global shares were steady Wednesday as investors awaited the release of minutes from a March meeting of the US Federal Open Market Committee to obtain clues about the chances of interest rate hikes in coming months.
Britain’s FTSE 100 rose 0.6% to 6,128.57 and Germany’s DAX shed 0.2% to 9,549.10. France’s CAC 40 rose 0.3% to 4,260.86. US futures augured small gains on the open for Wall Street, with Dow futures up 0.1% and S&P futures up 0.2%.
Shares traded in New York in Dublin-based drugmaker Allergan Plc had fallen 15% on reports Tuesday that its $160 billion merger deal with Pfizer Inc. would be called off. Pfizer’s had risen 2.1%.
Earlier, Japan’s Nikkei 225 closed 0.1% lower at 15,715.36. Hong Kong’s Hang Seng index was up 0.2% at 20, 206.67, while China’s Shanghai Composite fell 0.1% to 3,050.59. Australia’s S&P ASX 200 gained 0.4% to 4,945.90. South Korea’s KOSPI rose 0.4% to 1,971.32, while Taiwan’s benchmark TAIEX index fell 1.7% to 8,513.30. Southeast Asian markets were mixed.
The Caixin services purchasing managers’ index for March rose to 52.2 from February’s 51.2. Despite the slight boost, services companies took a cautious approach to staff numbers, with the first fall in services sector employment since August 2013, said Caixin, a media group providing financial and business news.
Meanwhile, benchmark US crude was up $1.02 at $36.91 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, a benchmark for international oils, rose 93 cents to $38.80 per barrel.
The US dollar inched up to 110.41 yen from 110.31 yen the previous trading day. The euro fell to $1.14 from $1.41.

 

Short URL : http://goo.gl/dIi9Wm
  1. http://goo.gl/tG9EwJ
  • http://goo.gl/jnMDXS
  • http://goo.gl/L6KKl6
  • http://goo.gl/eDoq8g
  • http://goo.gl/n6CvF6

You can also read ...

Report says China’s economic development must rely on integration between innovation and industrial production,  and work must be done to ensure that innovation progress was passed on to production.
China's new economy will account for an estimated 12% of the...
The process of building a new government could take weeks, so markets may well move on from the result quickly.
Politics dominated trading on Monday, with the euro sliding as...
World countries are casting a shadow on the future of the global economic system.
Next month, when finance ministers and central bank governors...
TPP Nations Making Progress
The Trans-Pacific Partnership nations have made progress...
EU Seeks Protection for Uber-Style Jobs
The European Commission said on Monday it wants more social...
Japan PM Announces $17.8b Economic Stimulus Package
Japanese Prime Minister Shinzo Abe said he would seek to...
US to See Slower Growth
The pace of US economic growth will stay stuck in the low 2%...
The economy’s return to growth has eased pressure  on the authorities.
Now that Nigeria’s economy is recovering from its worst slump...

Trending

Googleplus