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YOU ARE HERE:  Forex » News & Commentary » Associated Press

US stocks open lower after strong jobs report

By STEVE ROTHWELL - AP - 51 mins ago
NEW YORK (AP) — Stocks opened lower on Friday as another strong U.S. jobs report raised the likelihood that the Federal Reserve would start to raise interest rates later this year. The dollar jumped and U.S. government bond prices fell after the report. (full story)

As euro hits 12-year low, parity with dollar looms

By PAN PYLAS - AP - 1 hr 6 mins ago
LONDON (AP) — The euro could soon be doing something it's only done a couple of times in its 16-year existence — trading 1-to-1 with the dollar. (full story)

US trade deficit in January falls 8.3 pct. to $41.8 billion

By JOSH BOAK - AP - 1 hr 16 mins ago
WASHINGTON (AP) — The U.S. trade deficit in January dropped sharply as both exports and imports fell. (full story)

Dollar surges after another strong US jobs report

By The Associated Press - AP - 2 hrs 10 mins ago
LONDON (AP) — Another strong U.S. jobs report gave the dollar a big lift Friday as traders think it may prompt the Federal Reserve to raise interest rates this summer. Stocks, meanwhile, were fairly flat-footed as any concerns over higher borrowing rates are offset by hopes over the U.S. economic outlook. (full story)

Ahead of the Bell: US trade gap

AP - Fri Mar 06, 5:28AM CST
WASHINGTON (AP) — The Commerce Department reports on the U.S. trade deficit for January. The report will be released Friday at 8:30 a.m. Eastern. (full story)

Asia stocks gain after ECB upgrades growth ahead of US jobs

By YOUKYUNG LEE - AP - Thu Mar 05, 9:04PM CST
SEOUL, South Korea (AP) — Asian stock markets were higher on Friday as investor sentiment was boosted by the European Central Bank's growth forecast upgrade and expectations for a solid increase in U.S. employment. (full story)

European Central Bank: Recovery is strengthening

By MENELAOS HADJICOSTIS and DAVID McHUGH - AP - Thu Mar 05, 5:30PM CST
NICOSIA, Cyprus (AP) — The European Central Bank will unleash its 1.1 trillion euro ($1.2 trillion) stimulus program on Monday — and says the prospect is already boosting the eurozone economy. (full story)

European stocks firm as ECB's Draghi sounds fairly rosy tone

By The Associated Press - AP - Thu Mar 05, 8:07AM CST
LONDON (AP) — European stock markets rose strongly Thursday as European Central Bank President Mario Draghi sounded a fairly positive tone about the 19-country eurozone. Once his press briefing is over, the focus in the markets will turn to Friday's U.S. jobs data. (full story)

China stocks lead Asia lower after annual growth target cut

By KELVIN CHAN - AP - Wed Mar 04, 8:46PM CST
HONG KONG (AP) — Chinese stocks led Asian markets lower on Thursday after the country's leaders cut the annual growth target for the world's No. 2 economy. (full story)
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Global stocks mixed as investors eye European, US data

By JOE McDONALD - AP - Wed Mar 04, 7:12AM CST
BEIJING (AP) — European stocks mostly gained while Asian markets faltered Wednesday as investors monitored upbeat eurozone economic data and looked ahead to U.S. indicators. (full story)

Eurozone showing signs of economic momentum

By PAN PYLAS - AP - Wed Mar 04, 5:33AM CST
LONDON (AP) — The 19-country eurozone's economy is kicking into a higher gear thanks to falling oil prices and the lower euro, but the recovery is still far short of that experienced by the U.S. (full story)

Asia stocks down after US fall as China growth goal eyed

By JOE McDONALD - AP - Tue Mar 03, 9:56PM CST
BEIJING (AP) — Asian stock markets were mostly lower Wednesday after Wall Street declined and investors looked ahead to U.S. economic data and China's announcement of its annual growth target. (full story)
SPLS: 16.08 (-0.42)

A complication for the Fed: Rate cuts by other central banks

By PAUL WISEMAN - AP - Tue Mar 03, 4:15PM CST
WASHINGTON (AP) — The world's central banks are injecting a new complication into the Federal Reserve's decision on when to raise interest rates from record lows: (full story)

Ukraine hikes benchmark interest rate to 30 percent

AP - Tue Mar 03, 8:52AM CST
KIEV, Ukraine (AP) — Ukraine's central bank has sharply hiked its benchmark rate to 30 percent, from 19.5 percent, as financial authorities seek to reverse the rapid devaluation of the national currency. (full story)

Russian state's rainy day fund drops as finances squeezed

AP - Tue Mar 03, 6:57AM CST
MOSCOW (AP) — The Russian government's rainy-day fund has shrunk by almost 10 percent in dollar terms in February after the state sought to fill a hole in its budget, where revenues have suffered due to low oil prices. (full story)

Global stocks limp after Nasdaq milestone, China in focus

By YURI KAGEYAMA - AP - Tue Mar 03, 6:42AM CST
TOKYO (AP) — Global stock markets were lackluster Tuesday despite a milestone for the Nasdaq, as investors looked ahead to the release of China's growth target. (full story)

Swiss economy stronger than expected in 4th quarter

AP - Tue Mar 03, 3:21AM CST
BERLIN (AP) — Official data show that Switzerland's economy expanded by a stronger-than-expected 0.6 percent in the fourth quarter, the last before the country's central bank abandoned its effort to cap the Swiss franc's value against the euro. (full story)

Asia stocks limp as focus shifts back to China economy

By YURI KAGEYAMA - AP - Mon Mar 02, 9:52PM CST
TOKYO (AP) — Asian stock markets were lackluster Tuesday despite a record day on Wall Street after Australia left interest rates unchanged and investors looked ahead to the release of China's growth target. (full story)

Tourism thrives in Malaysia despite association with tragedy

By EILEEN NG - AP - Mon Mar 02, 8:32PM CST
KUALA LUMPUR, Malaysia (AP) — Two airplane catastrophes put Malaysia on the map in a bad way in 2014. But they didn't hurt the country's tourism, and the higher visibility may even have helped: visitor numbers had their strongest growth in years. (full story)

Eurozone gets double dose of mildly positive economic news

By PAN PYLAS - AP - Mon Mar 02, 8:45AM CST
LONDON (AP) — The 19-country eurozone got a double dose of mildly positive economic news Monday that will likely be met with relief by the European Central Bank's policymakers as they prepare to hold their next meeting on the Mediterranean island of Cyprus. (full story)
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