TOKYO - Asian shares were steady on Monday as investors took stock of recent data suggesting global growth may be stabilizing, while oil prices spiked on a report the U.S. is likely to ask all importers of Iranian oil to end their purchases or face sanctions.
The index was within reach of a nine-month peak scaled on Thursday after Chinese economic data beat expectations and eased concerns about the health of the world economy. In currencies, the dollar index against a basket of six major currencies was a touch lower at 97.377 . The Canadian dollar, on the other hand, added 0.25 percent to C$1.3363 thanks to a bounce in crude oil prices.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia stocks firm, crude hits 5-month high on Iran sanctions reportAsian stocks were steady on Monday as investors awaited the return of major fina... Iran doesn't really supply the world so using that as an excuse is just wrong. However, American producers that shut down their wells when they feel they're not getting enough money for oil, that's more a reality.
Source: Reuters - 🏆 2. / 97 Read more »
Asia stocks firm, crude hits five-month high on Iran sanctions reportAsian stocks were steady on Monday as investors awaited the return of major fina... ultimately higher prices for consumers
Source: Reuters - 🏆 2. / 97 Read more »
Asia stocks cling to nine-month high on China hopes, Wall Street dented by earningsAsian stocks ticked up on Tuesday, staying near a nine-month high as hopes of st...
Source: Reuters - 🏆 2. / 97 Read more »
Asia stocks hover below nine-month high after Wall Street stallsAsian stocks hovered below a nine-month high on Tuesday after disappointing bank... Personally I think there’s something inherently dishonest about US stocks. Creepy.
Source: Reuters - 🏆 2. / 97 Read more »
Asia stocks hover below nine month peak after Wall Street stallsAsian stocks hovered below a nine-month peak on Tuesday after disappointing bank...
Source: Reuters - 🏆 2. / 97 Read more »
Stocks in Asia set to slip; BOJ chief flags trade risksStocks in Asia were set to see opening declines following comments from the Bank of Japan chief on the risks of increasing trade protectionism for the global economic growth outlook.
Source: CNBC - 🏆 12. / 72 Read more »
JP Morgan says Asian stocks will struggle to move much higher from here'I think most of the gains for this year in Chinese as well as Asian equity markets are already behind us,' said Mixo Das, Asia equity strategist at J.P. Morgan. So what we're saying is that JP Morgan has shorted the Asian markets and is now marketing their strategy to lock in those sweet gains. Ummhmm. stocks markets investing hahahahah scaring retail away from some OTC available gems. classic JP Morgan. Dumb motherfuckers who let these bashers manage their money will enjoy buying my $xiacf bags after they pump x3 As long as they stay where they are, we are happy already
Source: CNBC - 🏆 12. / 72 Read more »