Stocks rise in early trading ahead of Fed meeting as commodities, world markets rebound

NEW YORK — A rebound in commodities drew investors back into the stock market and helped push stocks to new highs for 2009.

Asia markets higher amid optimism about global recovery; Europe gains

HONG KONG — Asian stock markets were narrowly higher Tuesday amid optimism the region’s economies can help lead a global recovery. European markets also rose.

Asian markets narrowly higher amid optimism region is leading global recovery

HONG KONG — Asian stock markets were narrowly higher Tuesday amid optimism the region’s economies can help lead a global recovery.

Dollar edges higher against major currencies but remains near year lows ahead of G-20 meeting

NEW YORK — The dollar edged up against major currencies but remained near an annual low against the euro Monday as economic signals continue to point to a recovery and investors look forward to more hints about the economy at this week’s G-20 meeting in Pittsburgh.

Commodities retreat as dollar gains ground against other currencies; gold stays above $1,000

NEW YORK — Gold and silver prices fell for a third straight trading day Monday as the dollar gained ground against other major currencies.

Oil falls below $70 as Chinese demand drops, dollar regains footing

Oil prices fell for a third straight day before the U.S. Federal Reserve meets to discuss monetary policy, which for months has helped to drive crude prices higher.

Stock futures signal lower open following modest losses overseas, investors await Fed meeting

NEW YORK — U.S. stock futures are signaling a lower opening Monday on Wall Street following modest losses overseas.

World stock markets mostly lower as investors look ahead to Fed meeting

LONDON — World stock markets were modestly lower Monday as investors look to this week’s Federal Reserve meeting for more clues about the strength of the U.S. recovery.

Asian stocks mostly lower as investors look ahead to Fed meeting; Shanghai off 1.5 pct

HONG KONG — Asian stocks were modestly lower Monday as investors look to this week’s Federal Reserve meeting for more clues about the strength of the U.S. recovery.

Dollar inches up against major currencies but remains near year lows on economic recovery

NEW YORK — The dollar edged up against major currencies Friday but still remained near year lows as economic signals point to recovery.

Stocks shift back to rally mode as analysts make upbeat calls; Dow gains 215 for the week

NEW YORK — The stock market shifted back into rally mode Friday after analyst upgrades boosted investor optimism about the economy.

World stock markets largely flat as investors await new data to give trading direction

LONDON — European markets traded in a narrow range Friday ahead of expected small gains on the open on Wall Street as a lack of new economic data left investors hesitant to put more money into a rally which this week propelled many indexes to new highs for the year.

World stock markets slip as investors lack new data to give trading direction

LONDON — European and Asian markets mostly fell Friday as a lack of new economic data left investors to book profits on the week’s strong rally, which had brought many indexes to new highs for the year on hopes that the U.S. is emerging from recession.

Asian markets retreat after big gains; Nikkei down amid troubles at major finance firm

BANGKOK — Asian markets were mostly lower Friday after setting new highs for the year, with Tokyo shares down nearly 1 percent amid news a major Japanese consumer finance firm was unable to pay its debts. European shares fell.

Dollar continues to slide to annual lows against the euro on evidence recession has ended

NEW YORK — The dollar hit another annual low against the euro Thursday as strong economic data added to evidence the recession has ended, pushing traders to risker assets.

Gold, other metals give back some of recent gains after touching fresh highs

NEW YORK — Gold and other metals gave back some of their recent gains Thursday, but not before marking fresh highs.

Oil slips to near $72 in afternoon European trade on dollar rebound, increasing inventories

Oil prices fell back to near $72 a barrel Thursday amid gains by the dollar against other currencies and worries about rising stockpiles of gasoline and distillates.

Asian markets hit new highs for year as data suggest US economy growing again

BANGKOK — Asian stock markets climbed to new highs for the year Thursday after strong U.S. industrial production data boosted confidence the world’s largest economy is growing again. European shares were higher.

European, Asian markets hit new highs for year as data suggests US economy growing again

LONDON — European and Asian stock markets hit new highs for the year on Thursday as investors became increasingly confident that the U.S. economy — the world’s largest — is growing again. Wall Street however appeared ready to open only flat.

Asian markets hit new highs for year as data suggests US economy growing again

BANGKOK — Asian stock markets climbed to new highs for the year Thursday after strong U.S. industrial production data boosted confidence the world’s largest economy is growing again. European shares were higher.

Oil holds above $72 in Asia amid signs US economy recovering from recession

Oil prices held above $72 a barrel Thursday amid signs the U.S. economy, the world’s largest consumer of crude, could be improving.

Oil climbs on larger than expected draw from supplies; oil rises above $72

Energy prices jumped sharply Wednesday on new indications of economic activity that could renew demand for oil, gasoline, and natural gas.

Oil climbs on larger than expected draw from supplies; oil rises above $71

Oil prices rose Wednesday after the government reported a large drop in crude supplies.

Oil around $71 in European afternoon trade as US supplies rise, suggesting demand is weak

LONDON — Oil traded just above $71 a barrel Wednesday as investors weighed a weakening dollar — which supports commodity prices — against a rise in crude supplies, which suggests demand remains weak.

Foreign demand for long-term US securities falls in July; China boosts its holdings

WASHINGTON — Foreign demand for long-term U.S. financial assets fell in July, but China boosted its holdings, the Treasury Department said Wednesday.

Oil hovers under $71 in European morning trade as US supplies rise, suggesting demand is weak

LONDON — Oil traded just below $71 a barrel Wednesday as an unexpected rise in U.S. crude supplies heightened investor concerns about weak consumer demand.

World stock markets power ahead on optimism that US is emerging from recession

LONDON — World stock markets rallied Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. recession was likely over, a view largely supported by recent economic figures.

World markets power ahead as better US economic data boost optimism; dollar remains weak

HONG KONG — World stock markets rose Wednesday, lifted by better news about the U.S. economy and comments from the Federal Reserve’s chairman that the recession was likely over.

Oil hovers near $71 in Asia as US crude supplies rise, suggesting demand still weak

SINGAPORE — Oil prices hung near $71 a barrel Wednesday in Asia as an unexpected rise in U.S. crude supplies heightened investor concerns about weak consumer demand.

Asia stocks power ahead as better US economic data boost optimism; Tokyo up 1.6 percent

HONG KONG — Asian stocks rose Wednesday, lifted by better news about the U.S. economy and comments from the Federal Reserve’s chairman that the recession was likely over.

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  • g38 Asian central banks intervene in the currency markets in an attempt to slow the slide of the US dollar. http://bit.ly/SZKGc
  • g38 Asian central banks intervene in the currency markets in an attempt to slow the slide of the US dollar. http://bit.ly/3i4caJ
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