European shares extended their gains on Friday, closing higher after better than expected non-farm payrolls in the U.S boosted investor sentiment.
A better-than-expected jobs report may be sending the "wrong signal" about the economy, Goldman Sachs' top economist told CNBC.
The dollar surged to a three-and-a-half year high against the yen on Friday and Dennis Gartman, editor of "The Gartman Letter" told CNBC that it will only soar higher, reaching 125 against the yen in the next two years.
The rapid decline in the Japanese currency's value against the U.S. dollar has analysts wondering where to place their next bets.
Tax increases and reduced government spending will have a severe impact on economic growth in the United States this year, Nouriel Roubini told CNBC.
The weak yen could do more harm than good to Japan's economy, one economist warns.
U.S. Treasurys prices fell for a fourth consecutive session on Thursday as a surprise drop in jobless claims added to signs of a strengthening labor market and raised hopes the world's largest economy was gaining steam.
The stock market's run will result in either a 20 percent correction or a more nasty sell off at some point this year, Marc Faber told CNBC.
The euro climbed to a session peak against the dollar on Thursday as the ECB gave no hints about monetary policy easing in the months ahead after leaving its benchmark interest rate unchanged.
Gold fell after the European Central Bank and the Bank of England did not hint at more economic stimulus, and as encouraging U.S. jobless claims data fuelled optimism about the upcoming nonfarm payrolls report.
Oil eased below $111 a barrel on Thursday as the North Sea Brent pipeline restarted and as investors digested comments from the European Central Bank.
European shares ended slightly lower on Thursday, held back by a post-results slump for British insurer Aviva.
Nomura and Societe Generale are the latest banks to warn about gold, as several banks in recent days have cut their price forecasts and warnings about a correction for bullion have risen.
U.S. stock index futures held modest gains Thursday, with the Dow looking to log another all-time high, fueled by a better-than-expected weekly jobless claims report.
Despite objections, the U.S. is heading down the road to export natural gas, and that could ultimately help shake up world energy markets.
Asian shares were mixed on Thursday as investors shrugged off overnight gains in the U.S and turned attention to central bank meetings in Europe. Japan's Nikkei came off a four-and-a-half-year high but held onto most of its gains amid expectations for aggressive monetary easing.
As gold falls out of favor with investors in a "risk-on" trading environment, one expert says the market bears should think carefully about betting against the precious metal.
Stock-market bulls are finally getting some data to back up their bets that the U.S. economic recovery is picking up steam.
The euro fell against the dollar on Wednesday, a day before an ECB policy-setting meeting, on concerns the bank may flag future interest rate cuts.
U.S. Treasurys prices fell for a third consecutive session on Wednesday as better-than-expected jobs data undermined the safe-haven allure of U.S. government debt, and as investors set up for new debt supply next week.