Persistent concerns of Greece leaving the euro weighed on European stocks on Thursday, with the lack of progress in negotiations on a cash-for-reform deal for Athens pushing investors towards safe-haven German Bunds.
Asian stocks rose on Wednesday, taking their cues from Wall Street's gains after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates.
Asian shares stumbled on Friday and the dollar skidded against the safe-haven yen after Switzerland's central bank unexpectedly scrapped its currency cap - jolting markets already roiled by plunging commodities prices.
Sliding oil prices and a downbeat China factory survey weighed on Asian shares on Tuesday, while the ruble jumped against the dollar after Russia sharply increased its benchmark interest rate in a bid to halt a collapse in its currency.
Asian stocks rose on Thursday amid fresh signs of resilience in the U.S. economy, while the euro wallowed near two-year lows before a much-anticipated European Central Bank meeting that could open the door to more stimulus.
The dollar and U.S. stock futures pushed higher on Wednesday after Republicans scored a sweeping victory in U.S. mid-term elections, while Asian shares wilted and oil prices extended losses after more soft economic data from China.
Subscribe to VCpost newsletter
- Elon Musk Gets Confronted by NATO Ally Leader on Claim About the Military Alliance, Fact-Checked by His Own Platform
- OpenAI Executives Say Elon Musk's Lawsuit Stems From His 'Regrets’ That He’s No Longer Part of the Company
- IRS to Go After 125,000 High-Earning Americans Who Did Not File Tax Returns Going Back to 2017
- IRS Reveals How Quickly You Can Receive The Child Tax Credit Upon Approval
- Man Killed by Vitamin D Supplements He Took for 9 Months; Coroner Calls for Side Effect Warning to Supplement Labels
- Donald Trump, Other TMTG Bosses Accused in New Lawsuit of Trying to 'Drastically Dilute' Shares of Co-Founders
- Donald Trump Latest Gaffe: Ex-President Confuses Barack Obama for Joe Biden Again, Fueling Age Concerns
- Donald Trump Warns About the Biggest Stock Market Crash in US History if He Loses to Joe Biden and Investors Just Laugh