Dollar hits low for year ahead of US trading as gold tops $1,000 an ounce before retreatingNEW YORK — The dollar fell to a low for the year Tuesday as gold prices shot above $1,000 an ounce before giving some ground and investors switched funds into riskier investments. Oil shoots above $71 as weak dollar, strong stocks boost commoditiesCrude prices settled above $71 a barrel Tuesday as a falling dollar pushed investors to seek out commodities such as oil and gold. Oil shoots above $70 as weak dollar, strong stocks boost commoditiesCrude prices shot above $70 a barrel Tuesday as a falling dollar pushed investors to seek out commodities such as oil and gold. Oil rises to above $70 in afternoon European trade on rising stocks, weaker dollarOil prices gained over $2 Tuesday, surging past $70 a barrel Tuesday on rising stock markets and investor interest in commodities as the U.S. dollar lost ground against other currencies. Dollar hits low for year ahead of US trading as gold tops $1,000 an ounceNEW YORK — The dollar fell to a low for the year Tuesday as gold prices shot past $1,000 an ounce and investors switched funds into riskier investments. Oil rises to near $70 in afternoon European trade on rising stocks, weaker dollarOil prices rose to near $70 a barrel Tuesday, buoyed by rising stock markets and investor interest in commodities as the U.S. dollar lost ground against other currencies. Gold prices at 18-month high over $1,000 on dollar weakness, low interest rate expectationsLONDON — Gold prices rose above $1,000 per ounce on Tuesday to its highest since March 2008 — suggesting investors are wary of the U.S. dollar’s weakness and expect international interest rates to remain low for some time. World stocks rise on corporate deal-making, government pledges to support economyLONDON — World stocks rose Tuesday, helped by corporate merger news and positive momentum over government pledges to support the global recovery with stimulus efforts. World stocks rise as investors feed on G-20 stimulus pledge; Hong Kong gains 2.1 percentBANGKOK — World markets rose Tuesday as investors fed on a pledge by the world’s 20 biggest economies to underwrite the global recovery with stimulus efforts. Asian stocks rise as investors feed on G-20 stimulus pledge; Nikkei up 0.3 percentBANGKOK — Asian markets rose Tuesday as investors fed on a pledge by the world’s 20 biggest economies to underwrite the global recovery with massive stimulus efforts. Oil rises near $69 in afternoon European trading ahead of this week’s OPEC meetingOil prices climbed to near $69 a barrel Monday, helped by rising equity markets, a weaker U.S. dollar and expectations that OPEC will keep its members’ output levels steady at this week’s meeting. European, Asian markets advance after G-20 countries commit to keeping stimulus in placeLONDON — European and Asian stocks rose Monday after finance officials from 20 rich and developing countries pledged to keep in place their massive stimulus programs to prop up the global economy. World stock markets advance after US jobs report, G-20 meeting; Tokyo gains 1.3 percentHONG KONG — World stock markets rose Monday, following Wall Street higher after the pace of U.S. job losses eased and major countries pledged to keep extraordinary government measures in place to prop up the global economy. Asian stock markets advance as Wall Street jobs improve
Dollar slips as US unemployment jumps to 26-year high of 9.7 pct in AugustNEW YORK — The dollar ended slightly lower Friday after a report showing rising U.S. unemployment. European, Asian markets gain, Wall Street seen higher on open as US job losses easeLONDON — Stock markets mostly rose Friday after official data showed U.S. job losses eased somewhat in August, suggesting the world’s largest economy is recovering, although sluggishly. European, Asian markets gain cautiously ahead of US jobs report, as G20 meeting startsLONDON — World markets mostly rose Friday as investors looked ahead to a key U.S. jobs report for clues about the pace of recovery in the American economy. Dollar mixed as new jobless claims dip, continuing claims rise; ECB keeps interest rate steadyNEW YORK — The dollar edged up against the euro but fell versus the pound Thursday after the European Central Bank left its key interest rate unchanged, while new U.S. jobless claims dipped less than expected but continuing claims rose. Oil above $68 in afternoon European trade amid weaker dollar, hopeful OECD forecastOil prices traded higher Thursday as the U.S. dollar weakened slightly against the euro and the OECD was optimistic about the recovery of the global economy. Europe flat, Asia mixed as traders wait for European Central Bank statementsLONDON — European stocks traded flat and Asian indexes were mixed Thursday, as investors awaited a European Central Bank meeting where the ECB was expected to raise its outlook but signal that interest rates will remain low for some time. Most Asian markets advance as Shanghai index jumps nearly 5 pct; Europe opens flatHONG KONG — Most Asian markets climbed Thursday as Chinese stocks jumped nearly 5 percent and helped offset worries that rising U.S. job losses will derail the global economic recovery. European shares opened little changed. Most Asian stock markets rise amid wariness over US job losses; Shanghai up 3.2 percentHONG KONG — Asia stock markets were mostly higher Thursday but fears that rising job losses in the U.S. could derail the economic recovery kept investors on edge. Dollar slips slightly on productivity, unemployment reports ahead of ECB rate decisionNEW YORK — The dollar slipped slightly Wednesday on reports that productivity jumped and employers are cutting fewer workers, though layoffs are likely to continue. Gold prices surge, have biggest one-day jump since March, other metals follow higherNEW YORK — Gold prices surged Wednesday, breaking out of a narrow trading range that has been a constraint for months. European, US stocks trading flat ahead of jobs data later in weekLONDON — European stocks closed mostly flat and Wall Street zigzagged in a narrow range Wednesday as more positive economic data didn’t ease fears that stocks may have run ahead of realistic prospects for economic recovery. Europe, Asia down as valuation fears weigh on markets ahead of US openLONDON — European and Asian stocks fell Wednesday and Wall Street futures pointed down following the previous day’s sharp losses, as renewed fears about the U.S. financial sector gave investors a reason to cash out of markets some now consider overvalued. World stock markets slide after Wall Street sell-off on renewed fears for US financial sectorLONDON — European and Asian stocks fell Wednesday after an overnight sell-off on Wall Street as renewed fears about the U.S. financial sector gave investors a reason to cash out of markets many considered overvalued. World stocks slide after US sell-off amid financial fears; Europe down after Athens bomb blastHONG KONG — World stock markets pulled back Wednesday, sending Japan’s benchmark down over 2 percent, after an overnight sell-off on Wall Street amid resurgent fears about the U.S. financial sector. Asian markets slide after Wall Street sell-off amid financial fears; Nikkei sheds nearly 3 pctHONG KONG — Asian stock markets pulled back Wednesday, sending Japan’s benchmark down nearly 3 percent, after an overnight sell-off on Wall Street amid fears about the U.S. financial sector. Dollar climbs against major currencies on growing concerns about the banking industry, economyNEW YORK — The dollar advanced against major currencies Tuesday as growing worries about the banking industry and the overall economy drove investors to the safe-haven currency. |