Latest Currency markets News

Reined-in rate-cut expectations, Iran tensions hit S&P 500

Jul. 19, 2019 4:48 PM EDT

NEW YORK (AP) — U.S. stocks pulled further back from their records on Friday to cap the weakest week for the S&P 500 since May. Indexes sloshed between small gains and losses for much of the day before turning lower in the afternoon after Iran said it seized a British oil tanker, the latest escalation...

Oil price rises on Mideast tensions, stock markets cautious

Jul. 19, 2019 7:07 AM EDT

BANGKOK (AP) — The price of oil rose on Friday after the U.S. said it had destroyed an Iranian drone near the Persian Gulf, where a lot of the world's oil is shipped through. Stock markets were largely stable as investors monitor earnings and the ongoing trade talks between China and the U.S. Energy prices...

Bitcoin craze hits Iran as US sanctions squeeze weak economy

Jul. 18, 2019 8:15 AM EDT

TEHRAN, Iran (AP) — Iranians feeling the squeeze from U.S. sanctions targeting the Islamic Republic's ailing economy are increasingly turning to such digital currencies as Bitcoin to make money, prompting alarm in and out of the country. In Iran, some government officials worry that the energy-hungry...

Global stocks mostly slide on trade war fears

Jul. 18, 2019 7:34 AM EDT

BEIJING (AP) — Global stock markets mostly fell on Thursday after U.S. President Donald Trump said he could impose more tariffs on Chinese goods and Japan's exports tumbled. Benchmarks in London, Frankfurt, Shanghai and Tokyo all declined, as did Wall Street futures. Trump alarmed investors by saying he...

Asian stocks follow Wall Street lower on trade war fears

Jul. 17, 2019 11:46 PM EDT

BEIJING (AP) — Asian stock markets on Thursday followed Wall Street lower after President Donald Trump reignited trade fears by saying he could impose more tariffs on Chinese imports. Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney all declined. Oil rebounded from the previous day's losses. Trump...

Global stocks mostly fall as Wall Street ends winning streak

Jul. 17, 2019 7:48 AM EDT

TOKYO (AP) — Global shares drifted lower Wednesday as investors await another batch of corporate earnings following Tuesday's mostly disappointing results, which put an end to Wall Street's five-day winning streak. The latest round of U.S. corporate financial reports ramps up this week and investors have...

Asian stocks mixed as Wall Street ends 5-day winning streak

Jul. 17, 2019 2:01 AM EDT

TOKYO (AP) — Asian stocks were mixed Wednesday after Wall Street ended a five-day winning streak following disappointing corporate earnings reports. Japan's benchmark Nikkei 225 dipped 0.3% to 21,475.38 in morning trading. Australia's S&P/ASX 200 added 0.4% to 6,667.60. South Korea's Kospi dipped 1.0%...

Asian stocks mixed as Wall Street ends 5-day winning streak

Jul. 16, 2019 11:22 PM EDT

TOKYO (AP) — Asian stocks were mixed Wednesday as Wall Street ended a five-day winning streak after the first big round of corporate earnings reports. Japan's benchmark Nikkei 225 dipped 0.4% to 21,445.03 in morning trading. Australia's S&P/ASX 200 added 0.4% to 6,667.60. South Korea's Kospi dipped...

Global shares edge up on upbeat US earnings reports

Jul. 16, 2019 8:34 AM EDT

TOKYO (AP) — Global stock markets were mostly higher on Tuesday after several major U.S. companies reported quarterly earnings that were better than expected. France's CAC 40 was up 0.6% to 5,611, while Germany's DAX was 0.4% higher at 12,432. Britain's FTSE 100 gained 0.5% to 7,566. U.S. shares looked set...

Asian shares mixed in lackluster trading, Nikkei falls 0.6%

Jul. 16, 2019 12:00 AM EDT

TOKYO (AP) — Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. Japan's benchmark Nikkei 225 lost 0.6% in early trading to 21,549.68. Australia's S&P/ASX 200 edged 0.1% higher to 6,657.20. South...