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Currency markets

  • Market enthusiasm over Fed stimulus fades

    Any enthusiasm over another monetary stimulus from the Federal Reserve faded Thursday as investors monitored the progress of budget discussions in the ... 

  • Oil price rises above $86 on Fed stimulus hopes

    The price of oil rose to above $86 a barrel on Wednesday as investors expected the Federal Reserve to announce new measures to perk up the U.S. 

  • Asia stocks gain, unfazed by NKorea rocket launch

    Asian stock markets rose Wednesday as a German business confidence survey alleviated concerns that Europe's largest economy might fall into recession. 

  • US trade deficit grows to $42.2 billion in October

    The U.S. trade deficit increased in October because exports fell by a larger margin than imports, a sign that slower global growth could weigh on the ... 

  • Mario Monti

    Asia stocks wane as US budget talks drag on

    Asian stock markets lost some of their bottle Tuesday as efforts by U.S. leaders to reach a budget deal before the year's end appeared deadlocked and ... 

  • Asia stocks rise on US jobs data showing growth

    Rising factory output in China and better-than-expected jobs numbers out of the U.S. helped lift Asian stock markets on Monday. Investors delved into ... 

  • Asia stocks rise as US employment claims dip

    Asian stock markets rose Friday after the number of Americans seeking unemployment benefits fell last week, offsetting a somber economic forecast by ... 

  • Eurozone retail sales slump in October

    Retail sales across the 17 European Union countries that use the euro slumped far more than anticipated in October, largely due to a huge drop in ... 

  • Asia stocks higher on hopes for US budget deal

    Asian stock markets rose Wednesday as investors became increasingly convinced that U.S. political leaders will reach a budget deal that avoids a major ... 

  • Greek PM pledges first glimmer of recovery in 2013

    Greece's prime minister on Tuesday promised an austerity-weary nation that 2013 will bring the first signs of economic recovery after a punishing ... 

  • Asia stocks down on US manufacturing report

    A weaker-than-expected U.S. manufacturing report sent Asian stock markets down Tuesday. U.S. manufacturing shrank in November to its weakest level ... 

  • Asia stocks rise on improved China manufacturing

    Asian stock markets rose Monday after surveys showed a recovery in China's manufacturing. HSBC's Purchasing Managers' Index rose to 50.5 in November ... 

  • Stock gains limited by US fiscal cliff uncertainty

    Uncertainty over whether U.S. leaders can resolve a critical budget deadlock and figures showing the unemployment rate across the 17-country eurozone ... 

  • Asia stocks up on hopes for a US budget deal

    Signs that U.S. political leaders may be closing in on a budget deal to avoid the so-called "fiscal cliff" boosted Asian stock markets Thursday. 

  • Asia stocks fall as talks over US budget stall

    Lack of progress in negotiations for a deal to avoid a U.S. budget crisis before a January deadline sent Asian stock markets lower on Wednesday. 

  • US declines to label China a currency manipulator

    The Obama administration declined Tuesday to label China a currency manipulator, noting that it has let the yuan rise nearly 10 percent in value ... 

  • Asia stocks up after deal over Greek debt reached

    Asian stock markets rose Tuesday after talks over Greece's financial crisis ended with an agreement on how to reduce its debt load, paving the way for ... 

  • Asia stocks post slight gains after Black Friday

    Asian stock markets posted slight gains Monday after the unofficial start of the holiday shopping season in the U.S. topped expectations, offsetting ... 

  • Asia stocks meander as US, Japan observe holiday

    Asian stock markets saw little movement Friday as the U.S. and Japan observed holidays, although traders kept an eye on Americans hitting the stores ... 

  • Survey on China manufacturing lifts Asia stocks

    Asian stock markets rose after a private survey released Thursday showed manufacturing in China at a 13-month high, rare good news for the global ... 

  • US budget hopes boost Asia stocks

    Asian stocks rose Tuesday as investors gained confidence that President Barack Obama and the U.S. Congress will reach a budget deal to avert tax hikes ... 

  • Asia stocks up amid optimism over US budget

    Asian stock markets rose Monday, registering optimism after negotiations late last week between President Barack Obama and leaders of Congress raised ... 

  • Asia stocks fall as talks on US budget deal stall

    Asian stocks tumbled Thursday as hopes began to fade for a quick agreement among U.S. leaders to avoid a "fiscal cliff" that could derail the world's ... 

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