Global oil prices slipped on Wednesday, with losses in U.S. crude widening the trans-Atlantic spread for a second day, amid signs that Libyan exports might resume and indications that oil was flowing into the depleted Cushing storage hub.
European shares closed down on Wednesday, as investors looked ahead to the release of minutes from the Federal Reserve's July policy meeting.
U.S. stock index futures were lower on Wednesday ahead of the release of the July minutes from the Federal Reserve's last policy meeting.
Asian shares traded mixed on Wednesday, following heavy losses in many world stock exchanges a day earlier.
The dollar fell on Tuesday, hitting a six-month low against the euro and a two-month trough against the Swiss franc, as U.S. Treasury yields retreated and the timing of the Federal Reserve's stimulus reduction remained uncertain.
U.S. crude oil futures fell sharply on Tuesday as traders sold to close out positions ahead of the front-month contract's expiration and in reaction to news the Seaway pipeline had shut down halting shipments from Oklahoma to the Gulf Coast.
European shares closed broadly lower on Tuesday amid continuing concerns over a potential reduction in asset buying by the U.S. central bank.
U.S. stock index futures edged higher Tuesday, after the Dow and S&P 500 logged their first four-day losing streaks this year, but ongoing anxiety about a possible imminent scaling back of the Federal Reserve's massive stimulus program roiled markets worldwide.
Asian equity markets tracked Wall Street's fall on Tuesday on concerns when the Federal Reserve might start to pare back its asset purchases.
Stocks kicked off the week with a thud, with the Dow and S&P 500 logging their first four-day losing streaks this year, as Treasury yields hit a two-year high amid ongoing worries over when the Federal Reserve might start to reduce its asset purchases.
The euro rose to a two-week high against the yen and edged higher versus the dollar on Monday, boosted by Bundesbank which suggested that the European Central Bank's low interest rate pledge last month was not set in stone.
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Gold settled lower on Monday, after hitting two-month highs earlier in the day, as bond yields rose, signalling that the US Fed could be moving closer to reducing monetary stimulus next month.
Dissecting the market's latest action, with Michael Farr of Farr, Miller & Washington. "We're having a pullback, and I wouldn't be surprised to see more of a pullback," he says. Also, how to play silver and gold.
European shares closed lower on Monday, as investors remained unease over when U.S. Federal Reserve might start scaling back its stimulus program.
U.S. stock index futures were narrowly mixed Monday, after major indexes posted their first back-to-back weekly losses since late June, amid ongoing uncertainty about when the Federal Reserve might start tapering its asset purchases.
Asian stocks kicked off the week on a mixed note with China and Japan leading gains but pessimism over Wall Street's losing streak and rising U.S. yields weighed on sentiment.
The dollar reversed course during New York trading on Friday to rise against the euro and yen after a report showed U.S. consumers were less optimistic, prompting a rise in risk aversion.
Gold rose nearly 1 percent to a two-month high on Friday, and bullion posted its biggest weekly gain in five weeks as disappointing U.S. data dimmed hopes for a swift economic recovery.
U.S. Treasurys prices slid on Friday, marking the worst week in two months due to persistent fears the Federal Reserve will pare its bond purchases in September as the economy has showed signs of further improvement.