Market News

usd_gold_10082016

Dollar Slips, Gold Gains With Industrial Metals

The dollar slumped after Donald Trump in his first days in office offered little news on his plans to boost growth while stirring concerns over protectionism. Metals and Asian shares outside of Japan rose. The U.S. currency fell against its major peers and gold added to a four-week advance. Japan’s Topix index fell on the […]

yellen

Dollar Declines on Yellen Comments, Chinese Shares Rise

The dollar weakened after Janet Yellen said it’s prudent for the Federal Reserve to gradually adjust policy over time, while Chinese equities extended gains as the world’s second-largest economy grew faster than forecast. Gold climbed for a second day. The greenback slipped against major peers after the Fed chief’s speech. The Shanghai Composite Index rose […]

FED

Dollar Strengthens after Yellen Comments; Japanese Shares Surge

The dollar maintained gains after Janet Yellen said the American economy is strong enough to warrant higher interest rates. Japanese stocks climbed the most in two weeks while the yen fluctuated, and oil resumed gains after the biggest drop in more than a week. Japan’s Topix index rose for a second day as the yen […]

goldyuan-compressor

Gold Falls With Yen as Haven-Asset Flight Eases

The flight to haven assets eased following the biggest drop in the dollar since July with moves in the yen, Treasuries and gold steadying ahead of Donald Trump’s inauguration. Hong Kong shares rallied with emerging-markets assets. Gold and the yen retreated for the first time in eight days. Chinese equities gained amid speculation of state […]

yengold-compressor

Gold and Yen Extend Gains on Brexit, Trump Worries

Lingering concern over Donald Trump’s policies and the U.K.’s position in the European Union accelerated a move toward safer assets, with rallies in gold and the yen stretching to a seventh day. Treasuries rose and European and U.S. equity futures fell with Asian stocks. The yen continued its longest streak since the run-up to the […]

brus

Pound Tumbles on “Hard Brexit” Plans, Asian Shares Fall

The pound tumbled on a report that U.K. Prime Minister Theresa May will signal plans to quit the European Union’s single market to regain control of Britain’s borders and laws. Haven assets from gold to the yen rose while stocks fell across Asia. Sterling declined as much as 1.6 percent against the greenback after the […]