SINGAPORE, Aug 6 U.S.-China tension and sobering
economic data knocked momentum out of Asia's stock markets on
Thursday, though the hope of stimulus staved off falls and kept
pressure on the dollar as investors wait for Congress to agree
on a new spending package.
SINGAPORE/WASHINGTON, Aug 6 The dollar
languished and just about everything else rose on Thursday, as
markets took patchy U.S. economic data as a harbinger of ever
more stimulus and brinkmanship on Capitol Hill as a sign that a
deal on a new U.S. stimulus package is close.
SINGAPORE, Aug 5 The dollar fell in Asia on
Wednesday, hitting a five-month low on the yuan, as the latest
coronavirus relief package stalled in Congress and U.S. yields
sank on the prospect that further monetary easing might be
needed to support the economy.
SINGAPORE, Aug 5 The dollar was under pressure
on Wednesday from a towering euro and crumbling U.S. yields, as
the latest coronavirus relief package got bogged down in
Congress and investors braced for a bumpy ride to economic
SINGAPORE, Aug 4 A rebound in the dollar
faltered on Tuesday as political wrangling over a U.S. relief
plan and the gloomy economic outlook kept investors shy of the
SINGAPORE, Aug 4 A nascent rebound in the dollar
paused on Tuesday, as investors weighed mixed but encouraging
economic data against slow progress toward a U.S. government
spending package and another week of rising coronavirus deaths.
* Eurozone confidence surveys eyed as virus stalls U.S.
TOKYO/SINGAPORE, July 30 The dollar was mired at
a more than two-year low on Thursday, as investors grew
increasingly worried about the economic drag of surging
coronavirus cases in the United States, and looked to a fiscal
rescue package stalled in Congress for another stimulus hit.
SINGAPORE, July 29 The U.S. dollar hovered just
above a two-year low on Wednesday, while stocks struggled, as
growing worries about the U.S. economy had investors looking to
Congress and the Federal Reserve for a renewed commitment to
SINGAPORE/NEW YORK, July 29 The U.S. dollar
hovered just above a two-year low on Wednesday, while stocks
struggled, as growing worries about the U.S. economy had
investors cautious and looking to Congress and the Federal
Reserve for a boost.