Search results for "currencies"



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It's like Alibaba cures cancer or something

No, Alibaba doesn't actually cure cancer; however, you would think so as some traders say it's lifting stocks ahead of its high-profile IPO tomorrow.
Source: CNBC.com | By: Bob Pisani
Alibaba's first day at school: What to expect

There are several reasons I am optimistic that Alibaba-at whatever price-will open to the upside and stay there on its first day in the market.
Source: CNBC.com | By: Bob Pisani
Santelli: Dollar/yen running wild

CNBC's Rick Santelli discusses bond prices and yields.
Source: CNBC.com
UPDATE 8-Oil falls on supply glut and strong dollar

*Supply risks rise with Libyan setback, OPEC talk. Brent prices slid sharply around 11:34 a.m. EDT, dropping 60 cents a barrel within 13 minutes, while U.S. crude tumbled 90 cents over the same period. The decline in the global benchmark Brent price was limited by a drop in Libya's output and talk of OPEC production cuts.
Source: Reuters | By: Catherine Ngai
UPDATE 3-Swiss central bank ready to act "immediately" as deflation risks resurface

ZURICH, Sept 18- Switzerland's central bank vowed to vigorously defend a three-year-old cap on the Swiss franc which has come under pressure from a recent appreciation of the currency, but it stopped short of announcing concrete new measures for now.
Source: Reuters | By: Alice Baghdjian
US STOCKS-Energy sector lags as oil falls

NEW YORK, Sept 18- Shares in energy companies were trading lower on Thursday, as a rise in the U.S. dollar and demand concerns sent oil prices lower. Brent crude was down 1.4 percent to $97.55 while U.S. crude lost 1.1 percent to $93.38. Chevron Corp, down 0.4 percent to $124.24 and Exxon Mobil, down 0.3 percent to $96.77, were the two biggest drags on the Dow Industrials.
Source: Reuters
Dollar strong vs yen on jobless data, outlook

The dollar rose after data showed U.S. jobless claims fell more than expected, reinforcing the view that U.S. interest rates will rise sooner.
Source: Reuters
Futures Now: Dollar hits 14-month high

The Futures Now team discusses what's reassuring the dollar bulls.
Source: CNBC.com
UPDATE 1-UK markets swinging towards Scottish "No"

*Yes vote would be barrier to Bank of England rate rise. LONDON, Sept 18- British financial markets were laying bets that Scots would vote "No" on independence on Thursday, pushing the pound to a two-year peak against the euro and Scotland- based stocks higher in the final hours of polling. Scotland would vote for independence, sending a shock wave.
Source: Reuters | By: Anirban Nag and Sudip Kar-Gupta
GLOBAL MARKETS-Dollar hits six-year peak vs yen, stocks rally

NEW YORK, Sept 18- The dollar hit a more than six-year peak against the yen on Thursday on data showing U.S. jobless claims fell more than expected last week, while global equity markets rallied after the Federal Reserve again pledged to keep interest rates low.
Source: Reuters | By: Herbert Lash