Search results for "currencies"



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Euro up after report on bank stress tests

The euro rallied on Friday ahead of an official report on the health of the euro zone's main banks as investors covered short-positions.
Source: Reuters
FOREX-Euro up after report on bank stress tests, short-covering

NEW YORK, Oct 24- The euro rallied on Friday ahead of an official report on the health of the euro zone's main banks as investors continued a trend of covering their short-positions leading to buying of the currency against the U.S. dollar. Bloomberg News first reported the results of the tests, which are due on Sunday. It just highlights that this is a risk that is not...
Source: Reuters | By: Daniel Bases
European markets close: ECB health check

CNBC's Simon Hobbs reports on all the market moving events in Europe today, including details on the number of euro zone banks that have failed the ECB's stress test.
Source: CNBC.com
GLOBAL MARKETS-Shares rise modestly, set for strongest week since July 2013

*Microsoft gain lifts U.S. shares. NEW YORK, Oct 24- Global equity markets rose modestly on Friday as gains in Microsoft buoyed U.S. shares, even as news that a New York City doctor tested positive for the Ebola virus produced a modest safe-haven bid for U.S. MSCI's all-country world equity index was set for its biggest weekly gain since July 2013, while the benchmark...
Source: Reuters | By: Sam Forgione
EMERGING MARKETS-Brazil markets bounce back before presidential election

RIO DE JANEIRO, Oct 24- Brazil's financial markets rose on Friday following a four-day slump sparked by polls showing President Dilma Rousseff is poised to defeat market-favorite candidate Aecio Neves in Sunday's presidential elections. "What happened is that they exaggerated yesterday," said Paulo Celso Nepomuceno, a strategist with Coinvalores, a...
Source: Reuters | By: Walter Brandimarte
METALS-Copper flat, Chinese house price weakness weighs on outlook

*Shanghai zinc climbs on physical shortfall in China. LONDON, Oct 24- Copper traded flat on Friday, pressured by a fifth straight month of decline in Chinese house prices, with a rise in the euro against the dollar capping falls in the metal. "Anything on a short-term basis that indicates softness in the Chinese property sector is going to be a concern, but I wouldn't...
Source: Reuters | By: Eric Onstad
Putin says Russia will not "burn" its forex reserves

LAURA, Russia, Oct 24- Russia intends to continue moves to a floating exchange rate and will not "burn" through its foreign exchange reserves, President Vladimir Putin said on Friday. We will use them for a certain balancing, "Putin told a meeting with Russian and foreign experts on Russia. Putin also said that Russia will put the main emphasis on attracting private...
Source: Reuters
Amazon's weakness in media: Pro

Stacey Widlitz, SW Retail Advisors, and Eric Sheridan, UBS, provide insight into Amazon's earnings miss.
Source: CNBC.com
New home sales up 0.2%

CNBC's Rick Santelli and Diana Olick report on wide revisions in new home sales numbers.
Source: CNBC.com
Wall Street less confident than Main St. investors

The stock market is acting as if the mid-October swoon never happened, despite a general-and fairly recent-sense of caution on Wall Street.
Source: CNBC.com | By: Jeff Cox