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European stocks up as earnings boost investors mood
28.07.2021 -

European stocks went up on Wednesday, boosted by positive earnings report from the British bank Barclays and luxury group Kering that prompted investors to overlook concerns about China’s regulatory crackdown that has kept markets on edge this week. The pan-European STOXX 600 inched up 0.4%, recovering from two sessions of declines. In the UK, Barclays…

Dollar rises ahead of Fed’s new policy
28.07.2021 -

The dollar rose in Asian trade on Wednesday driven by a tech crackdown in China and caution before the Federal Reserve’s latest policy decision. However, the greenback remained below recent peaks. The U.S. Dollar Index that measures the greenback against other major currencies edged up 0.06% to 92.493. The USD/JPY pair climbed 0.03% to 109.80. The AUD/USD pair fell 0.09% to…

UK June home prices decline on tax cut
28.07.2021 -

British home prices dropped in July following a trim down of a coronavirus emergency tax break for buyers at the end of June. However, mortgage lender Nationwide said pandemic-driven demand for bigger homes will support the market. House prices decelerated for the first time since March with a 0.5% crash from June. This slowed the…

Oil rises, still kept in check by virus threat
28.07.2021 -

Oil rose in Asia on Wednesday as a draw in US crude supplies boosted expectations that demand will overcome supply growth. However, rising numbers of coronavirus cases worldwide have dampened oil’s gains. Brent oil futures climbed up 0.65% to $74 by 11:26 PM ET (3:26 AM GMT) following a 2-cent dip in its first decline…

Australia’s CPI rises in Q2
28.07.2021 -

Australia’s consumer prices grew at the fastest annual pace in almost 13 years in the second quarter. This was attributed to higher gasoline prices and the unwinding of government subsidies. However, a far lower figure for core inflation signaled the rise would be brief. The run-up has been overshadowed by events, with COVID-19 restrictions stalling…

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