Asian shares ended higher on Thursday as much stronger-than-expected Chinese trade data magnified positive momentum from global markets overnight, strengthening signs of recovery in the world's second-largest economy.
In the past few years, central banks around the world have pumped trillions of dollars into the financial system, partly motivated by the desire to keep their currencies weak in relation to others.
Wall Street’s “fear index” has tumbled to a fresh 5½-year low as investors turn increasingly positive. The FT reports.
Mikio Kumada, Executive Director & Global Strategist, LGT Capital Partners sees green shoots inspiring further optimism for market in 2013 but warns of a looming correction.
The yen plummeted against the U.S. dollar Wednesday, revisiting a trend that recently took the currency to a 2-1/2-year low on expectations of easier Bank of Japan policy.
Gold eased in light trading, giving back some of the previous session's gains, while platinum group metals rallied as improving U.S. auto sales and a better economic outlook triggered fund buying.
Prices for U.S. Treasurys traded near flat on Wednesday, with yields off last week's eight-month highs but still within recent ranges, as looming debt ceiling talks kept investors wary.
Stocks ended higher in thin trading Wednesday, after Dow component Alcoa kicked off the fourth-quarter earnings season on a positive note.
Oil futures fell slightly on Wednesday after government data showed U.S. fuel stocks rose sharply last week.
The growing role of the U.S. as a major energy producer is changing the dynamic of the energy market. U.S. oil production continues to accelerate at a surprising rate, and the government now predicts the U.S. industry could pump 14 percent more oil this year alone.
Markets should stay strong but economies in Europe are still falling off a cliff, Roger Nightingale, Economist and Strategist at RDN Associates, told CNBC.
"I think this is the year asset allocations switch back over to stocks," explains Cliff Corso, Cutwater Asset Management CEO, discussing what's driving investors from bonds to equities now.
Asian shares ended mixed on Wednesday after rounds of profit taking from a sharp rally at the start of the new year subsided, while investors waited warily for corporate earnings season to kick off in full force.
As the U.S. economy continues to expand, more capital flow could go towards the dollar and U.S. equities, Boris Schlossberg, Managing Director, BK Asset Management
Seasonal bellwether or just hocus pocus, the first five trading days bode well for 2013.
Brighter U.S economic prospects, a 'fiscal cliff' deal and the idea that the end is in sight for a period of ultra-easy monetary policy have sent government bond yields racing higher at the start of the year. And this is only the start, analysts say.
The dollar and euro plunged against the yen as investors booked profits in the aftermath of swift and significant gains.
Stocks finished lower for the second session Tuesday, as investors remained on the sidelines ahead of what is expected to be a weak fourth-quarter earnings season.
Brent crude rose in heavy trading and U.S. crude dipped as the beginning of the annual rebalancing of a key commodities index widened the spread between the two contracts.
Prices for U.S. Treasurys rose on Tuesday as higher yields proved attractive and the first sale of coupon-bearing Treasury debt for the year saw strong non-dealer bidding.
European shares were flat on Friday as talks over the "fiscal cliff" stalled.
European shares closed lower on Wednesday for a third consecutive session, with resurging worries about the global economic outlook undermining investor sentiment.
Standard & Poor's decision to cut Spain's credit rating to one notch above junk status is weighing on markets.
Asian shares dipped on Tuesday following losses on Wall Street after U.S. manufacturing activity hit a three-year low in November.
As the Chinese boom slows Hermes, Remy and other posh names are still going full throttle in Asia.
The worst US drought in over 50 years is pushing commodity prices to record highs.