The dollar and euro made their largest percentage gains against the yen since late 2008 after the Bank of Japan surprised the markets with an ambitious plan to fight deflation in a radical overhaul of policy.
Crude oil prices fell after an increase in new U.S. claims for unemployment benefits reinforced concerns about sputtering economic growth in the world's top oil consumer.
Stocks and bonds have been telling different stories over the past few months, and the argument for prolonged slow growth is winning.
Gold settled lower for a third session on Thursday, as hopes of another interest rate cut by the ECB and new monetary stimulus offered by the Bank of Japan failed to stem heavy selling of bullion by funds.
European shares closed sharply lower on Thursday after comments made by the Mario Draghi, president of the European Central Bank (ECB), curbed investor sentiment.
U.S. stock index futures erased most of their gains Thursday after jobless claims jumped more than expected, but aggressive moves by the Japanese central bank helped limit losses.
While the latest ratcheting up in tensions between North and South Korea is starting to make investors jittery, markets may be underestimating the risk of a potential conflict on the Korean peninsula, analysts say.
A string of weaker economic reports has traders wondering whether the economy will lose its spring, taking the stock market down with it.
The dollar fell across the board on Wednesday after a report showed the US private sector created fewer jobs than expected last month, raising concerns that recovery has stalled.
Prices for U.S. Treasurys rose on Wednesday after tepid jobs and service sector data dampened hopes for key labor market figures due on Friday.
The U.S. Federal Reserve could begin cutting back on its massive bond-buying program this summer if the economy continues to pick up steam, a top Fed official said on Wednesday.
The sharp selloff in Dow Transports drives some strategists to wonder if the market may finally see a pullback.
The chatter in the market may be bullish but there is a real danger that something could go wrong—something no one is talking about now but will be once they get hit by some unexpected development.
Gold ended lower after earlier tumbling to a nine-month low near $1,550 an ounce as deepening losses in crude oil and equities triggered a sell-off of commodities.
Brent crude oil dropped below $110 a barrel as oil stockpiles swelled in top oil consumer the United States, where a struggling economy is limiting demand for fuel.
European shares closed lower on Wednesday, shadowing losses on U.S. bourses after disappointing American data.
U.S. stock index futures shaved their gains to turn narrowly mixed Wednesday after a report showed private employers added less jobs than expected in March.
The Nikkei 225 surged 3 percent on Wednesday on expectations of aggressive monetary stimulus from the Bank of Japan's (BOJ) highly-anticipated policy meeting, while the rest of Asia fell on caution ahead of further risk events this week.
The unprecedented moves by the Bank of Japan on Thursday to end years of deflation brought about a breath-taking turnaround in Japanese stock markets that saw the Nikkei 225 closing up 2.2 percent by the end of the day, at four and a half year highs.
The dollar rallied from one-month lows against the yen on Tuesday, benefiting from a rally in U.S. stocks and investor caution ahead of a Bank of Japan meeting this week.