Latest Currency markets News

Global stocks mixed after oil falls, Wall Street advances

Sep. 18, 2019 6:54 AM EDT

BEIJING (AP) — European markets opened higher and Asian stocks were mixed Wednesday as investors watched for a U.S. Federal Reserve decision on a possible interest rate cut after oil prices fell back. Benchmarks in London, Frankfurt and Shanghai advanced while Tokyo and Hong Kong slipped. Markets steadied...

Stocks mixed, oil down as markets await news on Saudi plant

Sep. 17, 2019 8:01 AM EDT

BANGKOK (AP) — World shares were mixed on Tuesday and oil prices eased back pending updates on restoring output at a Saudi Aramco oil processing plant damaged by an attack over the weekend. Chinese benchmarks led declines in Asia after the credit ratings agency Moody's downgraded Hong Kong, citing its...

Asian shares weaker after spike in crude oil rattles market

Sep. 17, 2019 12:48 AM EDT

BANGKOK (AP) — Shares were mostly lower in Asia on Tuesday after an attack on Saudi Arabia's biggest oil processing plant caused crude prices to soar, prompting selling of airlines and other fuel-dependent industries. The U.S. and international benchmarks for crude fell back slightly after vaulting more...

US stock indexes end mixed; S&P 500 notches 3rd weekly gain

Sep. 13, 2019 4:48 PM EDT

The S&P 500 notched its third straight weekly gain Friday, even as the major U.S. stock indexes ended the day mostly lower. A slide in technology stocks, along with losses in consumer-focused and real estate companies, offset solid gains elsewhere in the market, including big Wall Street banks and industrial...

World shares buoyed by fresh optimism over US-China trade

Sep. 13, 2019 5:55 AM EDT

BANGKOK (AP) — World shares were mostly higher on Friday, buoyed by fresh stimulus from the European Central Bank and hopes for progress in China-U.S. trade talks. Germany's DAX picked up 0.1% to 12,426.92 and the CAC 40 in France added 0.2% to 5,651.91. But Britain's FTSE 100 gave up 0.2% to 7,327.05...

Asian shares gain on fresh optimism over US-China trade

Sep. 13, 2019 12:17 AM EDT

Stocks were broadly higher in Asia on Friday after gains overnight on Wall Street. Investors have stepped up buying on hopes for an easing of tensions in the costly trade war between the U.S. Japan's Nikkei 225 added 1% to 21,982.06 while the Hang Seng in Hong Kong climbed 0.4% to 27,186.35. Sydney's S&P ASX...

The Fed and ECB aim to avoid downturns but with limited ammo

Sep. 12, 2019 5:19 PM EDT

WASHINGTON (AP) — The Federal Reserve and the European Central Bank are struggling mightily to invigorate their economies at a time when growth is slowing, governments remain on the sidelines and the banks' usual stimulative tools appear less effective than in the past. On Thursday, the ECB delivered a...

Turkish central bank slashes key interest rate again

Sep. 12, 2019 8:18 AM EDT

ANKARA, Turkey (AP) — Turkey's central bank, under its new governor, has slashed its key interest rate again, this time by 3.25 percentage points. The bank said Thursday it had lowered the one-week repo auction rate to 16.50% from 19.75%, saying the inflation outlook continued to improve. The bank had cut...

Stock markets edge up ahead of ECB stimulus decision

Sep. 12, 2019 7:12 AM EDT

BANGKOK (AP) — World stock markets rose cautiously Thursday as investors awaited the European Central Bank's decision on how much stimulus it will provide the economy. Sentiment also was brightened by hopes that China and the U.S. are moving to ease trade tensions. Germany's DAX edged 0.2% higher to 12,378...

Asian shares mixed after China eases trade tensions

Sep. 12, 2019 12:49 AM EDT

BANGKOK (AP) — Asian shares were mixed Thursday after China moved to ease trade tensions. Investors drew encouragement from China's decision to exempt some U.S. products from a recent round of tariffs. Tokyo, Shanghai and Sydney advanced while Hong Kong slipped. Stocks notched broad gains on Wall Street...