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Shares rise on hopes of more monetary stimulus
Jul 4th, 2012
TOKYO (Reuters) - Asian shares rose on Wednesday as investors kept hopes high for more monetary policy stimulus to support the faltering global economy, but trading may be subdued with U.S. markets closed for the Independence Day holiday. U.S. equities rallied while European shares closed at a two-month high on Tuesday on expectations of more stimulus action by central banks, as well as better-than-expected U.S. data on new orders for manufactured goods in May. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.3 percent, while Japan's Nikkei average opened up 0.6 percent. ... (Source: Reuters) -
TOKYO (AP) - Shares were mixed in Asia on Tuesday as investors watched for signs of a possible change in U.S. stimulus efforts by the Federal Reserve. (Source: Associated Press)... [Full Article]
WASHINGTON (Reuters) - Consumer prices rose in May and a gauge of underlying price pressures showed signs of stabilizing after a long decline, a potential comfort to Federal Reserve policymakers who would like to see stronger inflation. The Labor Department said on Tuesday its Consumer Price Index edged 0.1 percent higher, a slightly weaker gain th... [Full Article]
By John Tilak TORONTO (Reuters) - Canada's resources-heavy stock market, which has struggled to gain traction in 2013, is expected to kick into gear in the second half of the year as the global economy rebounds, a Reuters poll found. The median forecast in a poll of 40 market strategists, taken in the past week, shows the Toronto Stock Exchang... [Full Article]
PARIS (AP) - Japan's stock market plunged and other global shares followed Thursday amid concerns that central bankers in the U.S. and Japan might turn off the tap of money that has kept markets afloat during the economic crisis. (Source: Associated Press)... [Full Article]
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