The dollar slipped on Monday as traders took a lack of agreement on currencies among Asian and U.S. leaders as a cue to sell the greenback, even as speculation of a near-term yuan appreciation cooled.
The eurozone escaped recession in the third quarter, with Germany's recovery gaining strength, but the rebound was less dramatic than expected and less strong than in the US.
Gold marched to a fresh peak but Asian and European stocks paused for breath on Thursday after Wall Street finished in positive territory overnight, but well off the 13-month highs achieved earlier in the session.
World stocks added to the previous week's losses on Monday, hugging one-month lows as investors pulled back from a more than seven month rally and prepared for the eventual withdrawal of stimulative monetary policy.
The dollar rose against major rivals Tuesday after euro zone officials said they support a stronger greenback.
Eurozone interest rates were left unchanged on Thursday at the record low of 1 per cent, highlighting the European Central Bank's caution about the strength of the region's economic recovery.
The dollar gained against the euro and the yen Monday as investors continued to worry about further danger for the economies of Europe and Japan.
European stocks climbed Monday, lifted by the U.S. government's plan to rescue beleaguered financial giant Citigroup.
European shares lost momentum following a dismal U.S. jobs report, but Asian markets closed higher Friday as investors responded to the latest round of rate cuts from central banks around the world.
The U.S. dollar rallied against major currencies Tuesday as investors appeared confident that Washington would be able to push through its massive bailout package.
The dollar slipped on Monday as traders took a lack of agreement on currencies among Asian and U.S. leaders as a cue to sell the greenback, even as speculation of a near-term yuan appreciation cooled.
The eurozone escaped recession in the third quarter, with Germany's recovery gaining strength, but the rebound was less dramatic than expected and less strong than in the US.
Gold marched to a fresh peak but Asian and European stocks paused for breath on Thursday after Wall Street finished in positive territory overnight, but well off the 13-month highs achieved earlier in the session.
World stocks added to the previous week's losses on Monday, hugging one-month lows as investors pulled back from a more than seven month rally and prepared for the eventual withdrawal of stimulative monetary policy.
The dollar rose against major rivals Tuesday after euro zone officials said they support a stronger greenback.
Eurozone interest rates were left unchanged on Thursday at the record low of 1 per cent, highlighting the European Central Bank's caution about the strength of the region's economic recovery.
The dollar gained against the euro and the yen Monday as investors continued to worry about further danger for the economies of Europe and Japan.
European stocks climbed Monday, lifted by the U.S. government's plan to rescue beleaguered financial giant Citigroup.
European shares lost momentum following a dismal U.S. jobs report, but Asian markets closed higher Friday as investors responded to the latest round of rate cuts from central banks around the world.
The U.S. dollar rallied against major currencies Tuesday as investors appeared confident that Washington would be able to push through its massive bailout package.
The European Central Bank and the Bank of England left their key interest rates unchanged, reluctant to move them lower as rising prices offset the fear of weaker growth and recession
The dollar continued to barrel to new multi-month highs against the euro and the pound in tandem with oil's drop
The dollar soared Friday in what analysts are calling a game-changing move as concerns about the deteriorating euro zone economy gripped investors and commodities sold off
The dollar jumped to a two-week high against the euro Wednesday, spurred by falling oil prices and apparent weakness in the European economy.
Confidence in the euro-zone economy dropped in June to its lowest level in nearly five years, a government survey said Friday
The dollar rose against euro Thursday even though the U.S. Federal Reserve said the American economy is "generally weak"; also, corn prices surged to a record $7 a bushel
The European Central Bank left its key interest rate steady at 4 percent on Thursday as the bank's president said inflation was expected to remain high
Ever since the dollar began to fall against the euro in 2002, a chorus of government officials, economists and business executives around Europe - from the CEO of Airbus to the Prime Minister of Luxembourg - has complained publicly and in near-apocalyptic terms about the greenback's decline. Their argument has been that the tumbling dollar makes European goods less competitive on world markets and thus poses a big threat to the European economy overall.
Europeans might be enjoying stateside shopping sprees, but economic chiefs want the U.S. to stop its currency's slide
The dollar briefly fell to another low against the euro Friday in European trading before regaining some ground.
European stocks reversed losses and rose by midday Wednesday as a bounce in U.S. stock futures eclipsed worries that the turmoil in the U.S. subprime market poses a threat to economic growth.
European share prices fell in early trading on Tuesday, taking their cue from weaker U.S. stock markets and led by British bank Barclays after a newspaper report about its exposure to failed debt vehicles.
European shares snapped a seven-day rally on Tuesday as concern resurfaced about the impact of tight liquidity and high volatility on the corporate sector.
Wary financial markets awaited a public appearance by European Central Bank chief Jean-Claude Trichet Monday after a German bank holed by the U.S. subprime mortgage crisis was sold.
European stocks advanced early on Monday, mirroring a rise in U.S. and Asian shares as worries over the health of the U.S. economy dissipated following robust U.S. home sales and durable goods orders data.
European shares notched up a seventh consecutive day of gains on Monday in their longest rising stretch in almost nine months on a day of holiday-thinned trade.
European shares moved in and out of negative territory on Friday as gains in mining and oil stocks offset weaker financial shares, while concerns persisted that problems in the U.S. mortgage market could spread.
European shares rose in early trade on Thursday, tracking sharp gains made by U.S. and Asian stocks overnight as equity markets continued to recover from a recent correction sparked by fears over a credit crunch.
European shares rose in early trade on Wednesday as dividend hopes boosted DaimlerChrysler and higher commodity prices lifted oil and mining stocks.
European shares closed virtually unchanged after a volatile session on Tuesday as concerns about the U.S. subprime mortgage crisis continued to haunt the market.
European shares rose on Monday led by miners and financials in an extended rebound amid relief provided by the U.S. Federal Reserve's discount rate cut on Friday, which also boosted U.S. and Asian stock markets.
European shares returned to negative territory in choppy trade at midday on Friday as mining and chemical stocks slipped while concern mounted that a global credit crunch could slow growth.
European shares turned positive on Friday as financial stocks gained after a rally in U.S. markets and despite sharp falls in Asia.
European stocks posted their biggest gains in 15 months on Monday, recovering some of last week's losses as a liquidity injection from central banks soothed investor nerves, while bank stocks rallied.
European shares suffered their biggest one-day percentage decline in more than four years Friday, fueled by fears of a liquidity crisis stemming from problems in the U.S. subprime mortgage market.
Trans-Atlantic exchange NYSE Euronext said Tuesday its U.S. and European trading volumes hit a record in July, when markets hit record highs and then fell sharply due to worries over credit markets.
The European Central Bank said on Thursday "strong vigilance" was needed over inflation risks, a signal it stands ready to raise interest rates in September though it added a caveat over market volatility.
European shares ended strongly for the second straight session on Wednesday, with a key benchmark hitting its highest closing level in two weeks, but volume was stifled by a U.S. holiday.
European stocks ended higher Friday, despite a potential terrorist attack in London and weakness in the banking and mining sectors. Concerns over interest rates continued to nag at investors after the Federal Reserve signaled that inflationary pressures remain a concern.
The London Stock Exchange is in talks over a possible merger with Borsa Italiana, in its latest attempt to head off expansion of the combined New York Stock Exchange and Euronext.
Americans may drink French wines, drive German cars, and wear Italian suits, but when it comes to buying shares, they prefer to stay close to home. Which is too bad for those who want to keep buyin...
Italian stock market operator Borsa Italiana is ready to study a joint offer with Deutsche Boerse for Euronext, which has already agreed a $10 billion deal to merge with the NYSE, Il Sole 24 Ore newspaper said.
European shares were trading in a tight range on Wednesday, with weakness in the oil sector offsetting upside from an overnight rally on Wall Street where hopes were raised that the Federal Reserve may be near the end of its interest-rate tightening cycle.
German business confidence fell more than expected in November as retailers took fright at government tax plans and firms braced for a rise in euro zone interest rates, a survey showed Thursday.
European markets declined on Monday after Hurricane Katrina sent front-dated crude oil futures to record highs, and as U.S. markets finished at a seven-week low on Friday.
European stocks ended steady Tuesday as drugmakers AstraZeneca and Roche rose on improving prospects for their cancer drugs, but weakness in U.S. shares weighed on the broader market.
The Bank of England has left its key lending rate on hold, as widely expected, although many analysts expect borrowing costs to rise later this year.
Pharmaceutical heavyweights knocked European shares from 2-1/2 year highs Friday after AstraZeneca and U.S. industry leader Pfizer announced setbacks for key drug hopes.
The dollar lost ground to the euro and yen Tuesday, at one point reaching intra-day trading lows against the euro, before recovering to close lower but above the lowest level of the session.
Banks and miners led European shares lower on Tuesday as investors worried that higher interest rates would dent business, with the Federal Reserve expected to bump up U.S. borrowing costs.
The Bank of England has left its key interest rate unchanged at 4.0 percent as the economy expands at a steady pace and inflation remains under control.
The euro strengthened against the dollar Monday after the head of the European Central Bank said the euro zone was on track for recovery and gave no signal that interest rates were about to change.
The Bank of England has raised its key interest rate a quarter point to 4.0 percent, as widely expected, in an effort to ease inflation concerns as the economy picks up speed.
For years market strategists have been forecasting that European stocks were going to take off and leave U.S. equities in the dust. Good thing we weren't holding our breath: U.S. stocks have beaten...
The moment is upon us. After years of preparation, decades of talk, and countless (so far incorrect) predictions of certain failure, 12 European countries are going to throw out their national curr...
For years now, Europe has been branded as a boring, low-yield place to park your hard-earned money. It's time to rethink that assessment. Despite their lackluster image, European shares have been k...
With the expansion now 3 1/2 years old, the U.S. economy is clearly starting to chill out. Five successive interest-rate boosts by the Federal Reserve -- including August's half-point hike in the f...
Advice to investors contemplating a foray into Europe: Take the map of the continent, and cut a hole in the middle. Voyaging the periphery will be much more rewarding. You'll miss a few chateaus, b...
Looking to buy the stocks of great companies at a discount? Try a Eurobargain. While many European exchanges have already chalked up big gains this year, most still trade at nearly half the price/e...
ONLY LAST YEAR Europe seemed headed for an economic miracle. Gross domestic product (GDP) was sprinting ahead at more than 3% a year, the fastest rate in a decade. A surge in new jobs was finally e...
The Berlin Wall's fall last November raised more than hopes for finally reconciling Europe's post-Hitler halves. It upped the ante of perestroika, Mikhail Gorbachev's bold reforms of the Soviet blo...
| Most Viewed | Most Emailed | Top Searches |
| Most Viewed | Most Emailed | Top Searches |
Video
