Latest Currency markets News

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, July 7, 2020. Asian shares were mixed Tuesday, as some benchmarks were buoyed by an ongoing worldwide rally as investors bet on a dramatic economic turnaround amid ongoing challenges of the coronavirus outbreak. (AP Photo/Vincent Yu)

Global stocks slip as virus outbreaks dim hopes for rebound

Jul. 7, 2020 4:52 AM EDT

TOKYO (AP) — Global shares were mostly lower Tuesday as expanding coronavirus outbreaks dimmed hopes for a global recovery, despite an overnight rally in tech shares that pushed the Nasdaq composite to another record high. France's CAC 40 dipped nearly 1.0% in early trading to 5,031.31, while Germany's DAX...

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, July 7, 2020. Asian shares were mixed Tuesday, as some benchmarks were buoyed by an ongoing worldwide rally as investors bet on a dramatic economic turnaround amid ongoing challenges of the coronavirus outbreak. (AP Photo/Vincent Yu)

Asia markets slip as virus outbreaks mute hopes for rebound

Jul. 7, 2020 12:42 AM EDT

TOKYO (AP) — Markets were mostly lower in Asia on Tuesday as expanding coronavirus outbreaks dimmed hopes for a global recovery, despite an overnight rally in tech shares that pushed the Nasdaq composite to another record high. Japan's benchmark Nikkei 225 dropped 0.6% to 22,577.65 and South Korea's Kospi...

Closing prices for crude oil, gold and other commodities

Jul. 6, 2020 3:51 PM EDT

Benchmark U.S. crude oil for August delivery fell 2 cents to settle at $40.63 a barrel Monday. Brent crude oil for September delivery rose 30 cents to $43.10 a barrel. Wholesale gasoline for August delivery slipped 2 cents to $1.24 a gallon. August heating oil rose 1 cent to $1.24 a gallon. August natural gas...

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, July 3, 2020. Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. (AP Photo/Eugene Hoshiko)

World stocks mostly dip with US closed for holiday

Jul. 3, 2020 12:47 PM EDT

World stock markets fell slightly in Europe on Friday after gains in Asia, with trading somewhat subdued by a long holiday weekend in the U.S. With Wall Street remaining closed in observance of Independence Day, Germany's DAX edged 0.6% lower to 12,528.18. The CAC 40 in Paris dropped 0.8% to 5,007.14, while...

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, July 3, 2020. Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. (AP Photo/Eugene Hoshiko)

Asian shares advance following upbeat US jobs report

Jul. 2, 2020 11:27 PM EDT

Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data. Tokyo's Nikkei 225 index picked up 0.3% to 22,220.33, while the Shanghai Composite index jumped 1.3% to 3,130.62. In South Korea, the Kospi gained 0.6% to 2,148.24, and Australia's S&P/ASX 200 rose 0.6% to 6,067.30....

Closing prices for crude oil, gold and other commodities

Jul. 2, 2020 3:40 PM EDT

Benchmark U.S. crude oil for August delivery rose 83 cents to settle at $40.65 a barrel Thursday. Brent crude oil for September delivery rose $1.11 to $43.14 a barrel. Wholesale gasoline for August delivery rose 4 cents to $1.26 a gallon. August heating oil rose 3 cents to $1.23 a gallon. August natural gas...

Anti-government protesters scuffle with Lebanese policemen after they removed a part of a concrete wall that was installed by security forces to prevent them from reaching the government palace in Beirut, Lebanon, Thursday, July 2, 2020. Major retailers in Lebanon announced Thursday they will temporarily close in the face of an increasingly volatile currency market and their inability to set prices while the local currency tumbles before the dollar. (AP Photo/Hassan Ammar)

Lebanese major retailers to shut down amid economic crisis

Jul. 2, 2020 2:35 PM EDT

BEIRUT (AP) — Major retailers in Lebanon announced on Thursday they will temporarily shut down in the face of an increasingly volatile currency market and their inability to set prices while the Lebanese pound plunges against the dollar. Later in the day, owners of the businesses rallied in central Beirut...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 2, 2020. Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. (AP Photo/Ahn Young-joon)

Asian stocks follow Wall Street higher on vaccine hopes

Jul. 2, 2020 12:04 AM EDT

Asian stock markets followed Wall Street higher Thursday as hopes for development of a coronavirus vaccine competed with concern about rising U.S. infections. Benchmarks in Shanghai, Tokyo, Hong Kong and Australia all advanced. Investors were encouraged after Pfizer and BioNtech announced preliminary data from a...

Closing prices for crude oil, gold and other commodities

Jul. 1, 2020 3:32 PM EDT

Benchmark U.S. crude oil for August delivery rose 55 cents to settle at $39.82 a barrel Wednesday. Brent crude oil for September delivery rose 76 cents to $42.03 a barrel. Wholesale gasoline for August delivery rose 2 cents to $1.22 a gallon. August heating oil rose 2 cents to $1.20 a gallon. August natural gas...

Lebanese soldiers stand guard as a woman leaves the Rafik Hariri International Airport in Beirut, Lebanon, Wednesday, July 1, 2020. Beirut's airport is partially reopening after a three-month shutdown and Lebanon's cash-strapped government is hoping that thousands of Lebanese expatriates will return for the summer, injecting dollars into the country's sinking economy. (AP Photo/Bilal Hussein)

Lebanon’s plea to skeptical expats: Come visit, bring cash

Jul. 1, 2020 7:45 AM EDT

BEIRUT (AP) — With Beirut’s airport partially reopening from a three-month virus shutdown, the government is hoping thousands of Lebanese expatriates will return for the summer — and bring dollars desperately needed to prop up the crashing economy. But Lebanon’s far-flung diaspora,...