SUBSCRIBERS
Yen falls as stocks rise, euro is held back
Published Tue, Mar 1, 2016 · 09:50 PM
London
THE yen fell on Tuesday as rising stock markets increased demand for riskier trades, while expectations of more easing by the European Central Bank (ECB), following soft eurozone factory data, pushed the euro to a one-month low against the dollar.
Asian stock markets, including China's, ended higher and European shares rose, lowering demand for the safe-haven yen.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results