· Asian stocks advanced for a
sixth day, while the U.S. dollar
weakened, amid speculation the Federal Reserve will
unveil a bond-buying program today. European stock futures were little
changed.
· German backing for Europe’s
bailout fund quickened the bargaining over a bond buying program for Spain, testing the resolve
of government leaders and the European
Central Bank to conquer the debt crisis.
·
France is pressing Spain to snub German
concerns and request help from the European Union to contain the euro-area
financial crisis, according to three people familiar with negotiations.
· Asian stocks advanced for a sixth
day, while the U.S. dollar
weakened, amid speculation the Federal Reserve will
unveil a bond-buying program today. European stock futures were little
changed.
·
The end of Ben S. Bernanke’s term as
Federal Reserve chairman in January 2014 hasn’t stopped investors from
betting the central bank will hold the benchmark
interest rate close to zero into the following year.
·
The U.S. Federal Reserve
appears set to launch a third round of unconventional monetary stimulus on
Thursday while signaling that a weak U.S. economy may warrant ultra-low
interest rates for at least another three years.
·
Dutch Prime Minister Mark
Rutte's Liberals won a closely contested election, but he faced the prospect
of having to form a government with his arch-rivals from the Labour party on
Thursday.
· Apple Inc's new iPhone goes on
sale on Friday with a bigger screen and 4G wireless technology, as the
company seeks to safeguard its edge over rivals like Samsung Electronics Co Ltd
and Google Inc.
·
Brent crude steadied near $116 a barrel on
Thursday, after rising for five straight sessions, as traders awaited a U.S.
Federal Reserve policy decision that is expected to include further stimulus
action to bolster the world's largest economy.
· Gold was little changed on
Thursday with investors awaiting a key Federal Reserve policy decision, a day after
a German court ruling in favor of a euro zone rescue fund sent bullion to its
highest since the end of February.
· Groupon Inc shares rose 8
percent on Tuesday after Chief Financial Officer Jason Child told an
investor conference that the company is taking steps that will help drive its
growth in Europe.
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