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  • For the week ending Friday, August 8, 2008, the U.S. markets ended the week on a positive note, cheered by a retreat in commodity prices, a Fed’s decision to keep rates steady at 2%, better-than-expected results in pending home sales, and a stronger dollar.

  • Oil Closes at $115.20, Down 7.9% For Week Friday, 8 Aug 2008 | 3:01 PM ET

    Oil closed at $15.20, dropping to a three-month low Friday as the dollar surged and concerns about global economic growth weighed on demand expectations.

  • Oil Price Settles Near $120 on Pipeline Attack Thursday, 7 Aug 2008 | 4:03 PM ET

    Oil rose on Thursday on expectations a one million barrel per day pipeline that was attacked by Kurdish separatists in Turkey could remain shut for up to two weeks.

  • Dollar Index Hits 5-1/2 Month High after Home Data Thursday, 7 Aug 2008 | 12:01 PM ET

    The dollar index rose to a 5-1/2-month high Thursday after a surprise rise in the U.S. pending home sales index for June.

  • Comparing Global Interest Rates Thursday, 7 Aug 2008 | 9:28 AM ET

    With the economic slowdown weighing more on Europe, the ECB decided to hold its interest rates at a seven-year high of 4.25%.  Here are some world interest rates as a point of comparison.

  • Oil Price Settles Below $119 as Crude Stockpiles Rise Wednesday, 6 Aug 2008 | 4:20 PM ET

    U.S. crude oil futures fell for a third day in a row on Wednesday as government data showed that crude oil stocks rose much more than expected last week.

  • Poll: What's More Important for the Euro-Zone Economy? Wednesday, 6 Aug 2008 | 12:37 PM ET

    The European Central Bank is widely expected to keep interest rate on hold Thursday, but is monetary policy really the most important thing for the future of the Euro-Zone economy?

  • Dollar Extends Gains vs Yen as Oil Drops Further Wednesday, 6 Aug 2008 | 11:53 AM ET

    The dollar extended gains and rose 1 percent versus the Japanese yen on Wednesday as crude prices declined further and U.S. stocks eased some of their losses.

  • Dollar Pares Gains Against Euro After Fed Decision Tuesday, 5 Aug 2008 | 3:41 PM ET

    The dollar trimmed gains against the euro and yen Tuesday after the Federal Reserve kept benchmark interest rates unchanged at 2 percent, as expected and said risks remain to U.S. economic growth.

  • Oil Settles Above $119 After Hitting 3-Month Low Tuesday, 5 Aug 2008 | 3:30 PM ET

    Oil prices sank as low as $118 a barrel Tuesday on the growing belief that a U.S. economic slowdown and high energy costs are curbing consumer demand for gasoline and other petroleum products.

  • Oil Settles Above $121 as OPEC Amps Up Output Monday, 4 Aug 2008 | 3:15 PM ET

    Oil briefly fell below $120 a barrel Monday before recovering slightly at the close, pressured by evidence of rising OPEC output in the midst of declining demand in the United States and Europe.

  • Tumbling Oil Price, Upbeat US Report Lift Dollar Monday, 4 Aug 2008 | 2:47 PM ET

    The dollar rose against the yen on Monday as the oil price's drop to a three-month low and some upbeat U.S. economic data generated optimism about the prospects of the broader economy.

  • South Korea Posts Record Drop in July FX Reserves Sunday, 3 Aug 2008 | 9:10 PM ET

    South Korean foreign exchange reserves fell by a record amount in July, central bank data showed on Monday, as dealers reported the authorities have sold about $15 billion during the month to prop up the won.

  • For the week ending Friday, August 1, 2008, the markets finished relatively flat after a turbulent week that saw 4 straight days of triple-digit moves on the Dow.  An early rally was dampened by weak economic data including weaker-than-expected GDP numbers and a rise in the unemployment rate. 

  • Oil Pump

    Oil prices settled slightly higher Friday, clawing back above $125 a barrel after Israel raised new concerns about Iran's nuclear program. But more concerns that high prices are eating into demand limited the gains.

  • Dollar See-Saws vs. Euro after Manufacturing Data Friday, 1 Aug 2008 | 10:20 AM ET
    Dollar and Euro

    The dollar first extended and then trimmed gains versus the euro Friday after a report showed manufacturing activity in the U.S. was better than expected in July.

  • Oil Settles Lower Near $124 on Weak Economic Reports Thursday, 31 Jul 2008 | 3:33 PM ET

    Oil prices ended lower Thursday, pulling back from the previous day's rally, as disappointing data on the U.S. economy signaled further cutbacks in energy demand for the world's thirstiest consumer.

  • Dollar Eases On Weakness in US Economy Thursday, 31 Jul 2008 | 1:13 PM ET

    The dollar fell Thursday as news of a surprise jump in U.S. weekly jobless claims and below-forecast economic growth in the second quarter reduced prospects for Federal Reserve interest rate hikes this year.

  • Euro Zone July Inflation Hits Record of 4.1% Thursday, 31 Jul 2008 | 5:11 AM ET

    Euro zone inflation jumped to another record high of 4.1 percent year-on-year in July as forecast, data showed on Thursday, but a bleak economic outlook may discourage interest rate increases this year.

  • Oil Settles at Nearly $127 On Drop in US Gas Supply Wednesday, 30 Jul 2008 | 1:05 PM ET

    Oil prices shot up as much as $5 a barrel, halting a dramatic two-week slide, after the US government reported a surprise drop in gasoline supplies.