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Asian stocks lower amid spike in China inflation (AP) »
’s weaker growth tempered confidence in the regional economic rebound.
Most markets were modestly higher in the first two hours of trading but reversed course as the latest figures raised doubts about the outlook for major economies.
fell below $82 a barrel amid signs of tepid U.S. crude demand and the dollar lost ground against [...]
Asia stocks dip on China tightening fears, yen up »
Asia stocks dip on China tightening fears, yen up
(Reuters) – Asian stocks fell on Thursday as investors worried strong loan growth and quickening inflation in China would spur Beijing to tighten monetary policy sooner than expected, while the yen rebounded against major currencies.
European equities were set track Asia lower, with financial spreadbetters expecting [...]
Asia stocks dip on China tightening fears, yen up (Reuters) »
to tighten monetary policy sooner than expected, while the yen rebounded against major currencies.
European equities were set track Asia lower, with financial spreadbetters expecting Britain's FTSE 100 (.FTSE), Germany's DAX (.GDAXI) and France's CAC 40 (.FCHI) to fall as much as 0.5 percent.
(.MIAPJ0000PUS) shed 0.5 percent, retreating from a seven-week high touched before [...]
Relationship over? Dollar, stocks break up (AP) »
is over.
Last summer and fall, stocks generally rose on days when the dollar fell, and vice versa.
to boost the economy. The weak dollar was a boon for the stock market as investors were eager to get money out of low-yielding U.S. dollars and put them to work just about anywhere else, such as [...]
Sterling under pressure; world stocks rise »
The pound came under further pressure on Tuesday, battered by political worries and engorged public finances, while global equities stayed relatively buoyant.
Euro zone government bond prices slipped with traders waiting for the next developments in Greece’s debt crisis, likely to come after a cabinet meeting on Wednesday.
World stocks as measured by MSCI .MIWD00000PUS [...]
Stocks edge higher after mixed economic news (AP) »
NEW YORK – The stock market eked out a gain Friday as investors took downbeat economic news in stride.
and the Standard & Poor’s 500 index logged their best month since November.
The latest bad news came from several corners including the financial industry.
. reported a larger than expected fourth-quarter loss. The company said [...]
Greece downgrade fears hurt euro, stocks (Reuters) »
LONDON (Reuters) –
World stocks, the euro and commodities fell on Thursday on concerns over a potential downgrade of Greece's debt, while borrowing costs for peripheral euro zone countries rose.
firmed.
's BBB-plus rating by one or two notches within a month, citing downside risks to growth that could hinder the country's deficit-cutting plan.
said Greece [...]
Stocks, commodities tepid as risk shunned »
Stocks, commodities tepid as risk shunned
The euro languished near one-year lows against the yen on Friday, while commodities and Asian stocks struggled in tepid trade as worries about Greece and the health of the world economy took hold.
Already waning demand for riskier assets further withered after U.S. economic data showed on Thursday a [...]
Stocks rise on the promise of more cheap money »
Federal Reserve Chairman Ben Bernanke reassured lawmakers interest rates will remain low, driving stocks higher on Wednesday as investors welcomed the promise of more cheap money.
Banks, which have benefited from borrowing rates at historic lows, led the market higher. Bank of America (
BAC.N
) was the Dow’s biggest percentage gainer, rising 2.45 percent.
[...]
Fed action boosts dollar, hurts commodities, stocks »
Fed action boosts dollar, hurts commodities, stocks
The U.S. dollar rose, commodity prices dropped and stocks fell on Friday after the Federal Reserve unexpectedly lifted an emergency lending rate for the first time since the financial crisis.
U.S. stock futures fell 1.1 percent after the Fed raised its discount borrowing rate by a quarter percentage [...]