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Oatly Downgraded on Volatile Consumer Environment in Europe and Asia By Investing.com
© Reuters Oatly (OTLY) Downgraded on Volatile Consumer Environment in Europe and Asia By Sam Boughedda Oatly (NASDAQ:) shares were downgraded to Neutral from Outperform by a Credit Suisse analyst. He also lowered the firm’s price target on the stock to $3.43 per share from $6, telling investors Credit Suisse expects a particularly volatile consumer […] More
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Asia FX Tepid, Dollar Steadies Ahead of U.S. CPI Inflation By Investing.com
© Reuters By Ambar Warrick Investing.com– Most Asian currencies moved little on Tuesday, while the U.S. dollar curbed a recent losing streak as markets turned cautious ahead of hotly anticipated U.S. inflation data later in the day. Regional units such as the , and barely budged against the dollar in anticipation of the data. The greenback […] More
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Asia FX Treads Lightly Before U.S. Inflation Data, Euro Surges By Investing.com
© Reuters By Ambar Warrick Investing.com– Most Asian currencies moved little on Monday as caution kicked in ahead of key U.S. inflation data due this week, while the euro extended its rally on expectations of more sharp interest rate hikes by the European Central Bank. The rose 0.1%, while the added 0.2%. Pressure on most Asian […] More
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Asia stocks edge up, dollar restrained before CPI By Reuters
© Reuters. FILE PHOTO: A man wearing a protective mask is reflected on an electronic board displaying stock prices outside a brokerage in Tokyo, Japan, September 29, 2021. REUTERS/Issei Kato By Wayne Cole SYDNEY (Reuters) – Asian share markets made cautious gains on Monday on hopes a key reading on U.S. inflation will show some […] More
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Asia FX Edges Higher as Dollar Retreats From 20-Year Peak By Investing.com
© Reuters. By Ambar Warrick Investing.com– Most Asian currencies crept higher on Friday and were set to end the week largely unchanged as the dollar retreated from a 20-year peak. But hawkish comments from U.S. Federal Reserve Chair Jerome Powell kept investors wary of further losses in Asian markets, amid rising expectations of steep interest rate […] More
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Asia shares edge higher as dollar eases By Reuters
© Reuters. A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying graphs (top) of Nikkei index outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon/File Photo By Stella Qiu SYDNEY (Reuters) – Asian shares crept higher as the dollar eased, with markets turning calmer […] More
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Asia FX Sees Little Relief as Dollar Rally Pauses; ECB in Focus By Investing.com
© Reuters. By Ambar Warrick Investing.com– Most Asian currencies moved in a flat-to-low range on Thursday as the dollar came off 20-year highs, with focus turning to an upcoming European Central Bank meeting for more cues on global monetary policy tightening. and the traded sideways, while the South Korean won sank 0.6%. was an outlier, falling […] More
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Dollar resumes climb in Asia as Powell speech, ECB loom By Reuters
© Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration/File Photo/File Photo By Kevin Buckland TOKYO (Reuters) – The dollar resumed its rise in Asia on Thursday after falling back from a two-decade high overnight, as investors […] More
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Russia’s Putin says West is failing, the future is in Asia By Reuters
© Reuters. Russian President Vladimir Putin delivers a speech at the plenary session of the 2022 Eastern Economic Forum (EEF) in Vladivostok, Russia September 7, 2022. Sergey Bobylev/TASS Host Photo Agency/Handout via REUTERS VLADIVOSTOK, Russia (Reuters) – Russian President Vladimir Putin warned the West on Wednesday that it had undermined the global economy with what […] More
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Asia FX Rattled by Dismal Chinese Trade Data, Fed Rate Risks By Investing.com
© Reuters. By Ambar Warrick Investing.com– Most Asian currencies plummeted on Wednesday, with the Chinese yuan among the worst performers on weak trade data, while fears of more policy tightening by the U.S. Federal Reserve also weighed. deepened its losses, sinking 0.4% to a two-year low of around 6.9791 to the dollar. Data showed that China’s […] More
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Asia FX Plummets as Dollar Sticks to 20-Year Highs Against Euro By Investing.com
© Reuters. By Ambar Warrick Investing.com– Asian currencies tumbled on Monday as the dollar crossed 20-year highs on expectations of more monetary policy tightening, while the euro hit new lows on fears of a worsening energy crisis in Europe. was among the worst performing currencies in Asia, down 0.4% to over 6.9 against the dollar, its […] More
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Asia shares ease, euro slugged by energy crisis By Reuters
© Reuters. FILE PHOTO: A man walks under an electronic screen showing Japan’s Nikkei share price index inside a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday while the euro took a fresh spill after Russia shut a major gas pipeline to […] More
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