Currencies News

Asian Stocks Rise With Copper After China Rate Cut; Yuan Slips

7:17 pm ET

Asian stocks climbed with U.S. index futures and copper, while the yuan slipped to a two-year low as traders weighed China’s interest-rate cut amid signs of weakness in manufacturing. Oil fell following its first monthly gain since June.

Speculator Mania for Danish Krone Hard to Understand, OECD Says

6:00 pm ET

The obsession with holding kroner that has gripped speculators since mid-January is hard to explain given the state of Denmark’s economy.

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