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Asian stocks rise as post-Brexit rebound continues, yen held in check

A man holding an umbrella walks in front of an electronic stock quotation board outside a brokerage in TokyoBy Shinichi Saoshiro TOKYO (Reuters) - Asia stocks rose on Thursday, tracking an overnight rally on Wall Street, while the safe-haven Japanese yen was held in check as global markets regained a semblance of calm after the Brexit shock. Spreadbetters forecast a slightly higher open for Britain's FTSE, Germany's DAX and France's CAC. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.5 percent, pulling further away from a one-month low on Friday when it plunged more than 3 percent in reaction to Britain's decision to leave the European Union.


Turkey - Factors to Watch on June 30

ISTANBUL, June 30 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Thursday The lira traded at 2.8950 against the dollar at 0515 GMT, from its close of 2.8891 on Wednesday. The main share index closed 0.28 percent lower at 76,711.97 on Wednesday. GLOBAL MARKETS Asia stocks rose on Thursday, tracking an overnight rally on Wall Street, while the safe-haven Japanese yen was held in check as global markets regained a semblance of calm after the Brexit shock. ...

GLOBAL MARKETS-Asian stocks rise as post-Brexit rebound continues, yen held in check

Asia stocks rose on Thursday, tracking an overnight rally on Wall Street, while the safe-haven Japanese yen was held in check as global markets regained a semblance of calm after the Brexit shock. Spreadbetters forecast a slightly higher open for Britain's FTSE, Germany's DAX and France's CAC. MSCI (NYSE: MSCI - news) 's broadest index of Asia-Pacific shares outside Japan rose 1.5 percent, pulling further away from a one-month low on Friday when it plunged more than 3 percent in reaction to Britain's decision to leave the European Union.

Winklevoss brothers choose BATS over Nasdaq for bitcoin ETF listing

Brothers Cameron and Tyler Winklevoss talk to each other as they attend New York State Department of Financial Services virtual currency hearing in Manhattan borough of New YorkInvestors Cameron and Tyler Winklevoss on Wednesday filed to switch the listing of their proposed bitcoin exchange-traded fund to BATS Global Markets from Nasdaq, according to a filing with the Securities and Exchange Commission. The proposed ETF, the Winklevoss Bitcoin Trust, will list 1 million shares at $65 each, according to the filing. The filing did not say why there was a change in trading venues, but over the last year BATS has emerged as one of the fastest-rising trading venues for ETFs.


GLOBAL MARKETS-Stock, oil prices gain as Brexit jitters abate

Stock markets around the world rebounded for the second straight day on Wednesday as fears about last week's Brexit vote eased and investors wagered central banks would ultimately ride to the rescue with more stimulus. Fading concerns over Britain's vote to exit the European Union bolstered oil prices and helped boost energy shares both in Europe and in the United States. Wall Street recouped more than half of its losses from the two-day equities rout sparked by the British referendum, and the S&P 500 index finished positive for the year.

Wall Street rebounds from Brexit with second day of big gains

Traders work on the floor of the NYSEThe S&P 500 has recouped more than half of its losses from the two-day equities rout sparked by the British referendum, which had erased $3 trillion in value from global equity markets, according to S&P Dow Jones Indices. The S&P financial sector , which was beaten up in the wake of the vote, gained 2.3 percent, leading all sectors. Energy shares jumped 2 percent, supported by higher oil prices.


General Mills quarterly profit beats estimates as costs fall

A box of Cheerios breakfast cereal made by General Mills is shown in this illustration photograph taken in Encinitas, CaliforniaThe maker of Cheerios cereal and Yoplait yogurt raised its dividend and forecast earnings for the coming year above Wall Street forecasts. General Mills has responded to weak U.S. sales by cutting jobs, selling plants and exiting stagnant brands with lower profits like Green Giant while investing in gluten-free, organic options like Annie's and cutting back on salt and artificial ingredients in its products. "We see consumer values and ideas about food changing pretty rapidly," Chief Executive Ken Powell told Reuters, deeming the millennial demographic as the leader of such a trend.


GLOBAL MARKETS-Stocks and oil prices gain as Brexit nerves settle

Stock markets around the world rebounded for the second day on Wednesday as fears about last week's Brexit vote eased and investors wagered central banks would ultimately ride to the rescue with more stimulus. Oil prices rallied and Wall Street was sharply higher, turning positive for the year. An index of major European banks was up for the second straight day, but the gains could not come close to offsetting losses in the first two trading sessions after the referendum.
 

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