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World Markets

  • Dollar defensive ahead of Bernanke speech Wednesday, 17 Jul 2013 | 2:05 AM ET

    The dollar stayed on the defensive on Wednesday ahead of Federal Reserve Ben Bernanke's semi-annual testimony in Congress later in the day.

  • US oil settles near $106; early rally fizzles Tuesday, 16 Jul 2013 | 3:09 PM ET

    U.S. crude oil prices were marginally lower on Tuesday as traders awaited government and industry data that should show a draw in crude oil supplies.

  • Gold settles higher ahead of Bernanke testimony Tuesday, 16 Jul 2013 | 2:19 PM ET

    Gold prices settled 0.5 percent higher at $1,290 on Tuesday as the dollar eased ahead of Federal Reserve Chairman Ben Bernanke's congressional testimony later in the week.

  • Dollar fades as Bernanke testimony looms large Tuesday, 16 Jul 2013 | 7:26 AM ET

    The dollar eased versus a basket of currencies Tuesday, supported by the view that the Fed is likely to be the first to move away from ultra-loose monetary policy.

  • US oil settles near $106 in languid session Monday, 15 Jul 2013 | 3:23 PM ET

    Crude edged up on Monday, with U.S. oil finishing the session modestly higher, as traders mulled the impact of mixed economic and industry data from the United States and China.

  • Gold settles at $1,283 after weak retail sales Monday, 15 Jul 2013 | 2:48 PM ET

    Gold settled higher at $1,283 on Monday as the dollar pared gains amid concerns that weaker-than-expected US retail sales could dampen the Fed's tapering plans.

  • Dollar recovers ahead of US retail sales data Monday, 15 Jul 2013 | 5:36 AM ET

    The dollar rose on Monday amid anticipation of improved U.S. sales data which could hasten moves by the country's central bank to wind down its stimulus programme.

  • Shanghai leads Asia higher on China GDP relief Monday, 15 Jul 2013 | 3:15 AM ET

    Asian stocks were modestly higher on Monday as investors breathed a sigh relief after China's latest second-quarter growth figures matched market expectations.

  • Oil rises on supply concerns, gasoline prices leap Friday, 12 Jul 2013 | 2:52 PM ET

    Oil rose to $109, led by the biggest surge in gasoline futures in four months as a string of refinery outages stoked concerns about fuel supplies in the U.S. summer driving season.

  • Gold skids to $1,277 as dollar rebounds Friday, 12 Jul 2013 | 2:50 PM ET

    Gold futures settled lower at $1,277 per ounce as the dollar rebounded and investors booked profits after four days of gains.

  • Europe closes lower after week-long rally Friday, 12 Jul 2013 | 12:05 PM ET

    European shares closed slightly lower on Friday after posting four days of successive gains, with weak data from the euro zone showing that its economic recovery still hangs in the balance.

  • Asian stocks cautious before China data Friday, 12 Jul 2013 | 3:20 AM ET

    Asian equity markets were mixed on Friday as caution ahead of Chinese growth data next week offset gains from Wall Street's record-breaking rally overnight.

  • Dollar Hits Multi-Week Lows vs Euro, Yen Thursday, 11 Jul 2013 | 4:58 PM ET

    The U.S. dollar fell to multi-week lows as traders scaled back expectations that the Federal Reserve will slow its asset purchases in the coming months.

  • Bernanke Bump Sends Stocks to Record Highs Thursday, 11 Jul 2013 | 4:47 PM ET

    Dovish words from Ben Bernanke triggered a global rally that took U.S. stocks to new closing highs and sent the dollar into its worst two-day decline in four years.

  • Treasurys Rise After Bernanke Calms Concerns Thursday, 11 Jul 2013 | 4:28 PM ET

    U.S. government debt prices rose on Thursday after Federal Reserve Chairman Ben Bernanke said a highly accommodative monetary policy was needed for the foreseeable future.

  • Oil Falls as Profit-Taking Douses Torrid Rally Thursday, 11 Jul 2013 | 2:37 PM ET

    Crude oil futures dipped Thursday from a 15-month high as investors sold contracts to take profits after three weeks of sharp gains.

  • Asia Enjoys Relief Rally Over Fed Stimulus Hopes Thursday, 11 Jul 2013 | 3:10 AM ET

    Asian stocks hit multi-week highs on Thursday after Federal Reserve Chairman Ben Bernanke voiced his support for accommodative monetary policy, but Japanese shares underperformed on the back of a strong yen.

  • Dented Expectations of Fed Tightening Knock Dollar Wednesday, 10 Jul 2013 | 5:56 PM ET

    The dollar tumbled against the euro and yen on Wednesday after the minutes from the Fed's policy meeting dented expectations of a near-term reduction in stimulus.

  • Gold Prices Edge Higher on Fed Minutes Wednesday, 10 Jul 2013 | 4:33 PM ET

    Gold ended slightly higher in choppy trade on Wednesday after the minutes of the Federal Reserve's June meeting showed many officials wanted more reassurance the job market was on solid ground before withdrawing economic stimulus.

  • EIA Data Propels US Oil to New 16-Month High Wednesday, 10 Jul 2013 | 2:48 PM ET

    Data showing a surprisingly steep drawdown in U.S. stockpiles powered U.S. benchmark crude above $106 per barrel, its highest level since March 2012.

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