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

Markets solid amid mixed US economic news

By The Associated Press - AP - Thu Jul 24, 11:04AM CDT
LONDON (AP) — Markets were solid Thursday as geopolitical tensions largely related to the downing of a Malaysia Airlines jet over Ukraine subsided somewhat and after further upbeat U.S. jobs data was offset somewhat by surprisingly weak homes data. (full story)

New Zealand raises interest rate to 3.5 percent

By NICK PERRY - AP - Wed Jul 23, 11:05PM CDT
WELLINGTON, New Zealand (AP) — New Zealand on Thursday raised its benchmark interest rate to 3.5 percent but signaled a pause in its program of rate hikes. (full story)

Global stocks bolstered by US earnings, home sales

By The Associated Press - AP - Wed Jul 23, 10:42AM CDT
LONDON (AP) — Markets were steady Wednesday as the focus turned toward U.S. corporate earnings and as tensions between Russia and the West over the downing of a Malaysian jetliner in Ukraine eased. (full story)

Business Highlights

By The Associated Press - AP - Tue Jul 22, 4:59PM CDT
___ (full story)

Contrarian's case: Why US could dip into recession

By BERNARD CONDON - AP - Tue Jul 22, 4:59PM CDT
NEW YORK (AP) — Just as the U.S. economy is strengthening, other countries are threatening to drag it down. (full story)

Ukraine tensions see euro come off boil

By PAN PYLAS - AP - Tue Jul 22, 10:55AM CDT
LONDON (AP) — The euro fell Tuesday to its lowest level against the dollar this year amid concerns that the downing of Malaysia Airlines Flight 17 will prompt a bigger freeze in relations between the European Union and Russia. (full story)

Markets steady but Malaysia jet jitters remain

By The Associated Press - AP - Fri Jul 18, 11:02AM CDT
LONDON (AP) — Markets settled down Friday but jitters over the downing of a Malaysian jetliner over Ukraine remained at the fulcrum of investors' thoughts. (full story)

Markets roiled by fresh US sanctions on Russia

By The Associated Press - AP - Thu Jul 17, 11:03AM CDT
LONDON (AP) — Another round of U.S. sanctions on Russia weighed on markets Thursday. News that a Malaysia Airlines passenger plane carrying 295 had been shot down over Ukraine added to the negative tone. (full story)

5 money saving tips for exchanging currency

By JOSEPH PISANI - AP - Wed Jul 16, 12:52PM CDT
NEW YORK (AP) — Headed overseas for summer vacation? It's easy to get hit with extra fees and expensive exchange rates when switching currencies. (full story)

UK pound near 6-year high after inflation spike

By PAN PYLAS - AP - Tue Jul 15, 11:21AM CDT
LONDON (AP) — The British pound spiked near a six-year high against the dollar Tuesday after a surprisingly big increase in U.K. inflation fueled expectations that the Bank of England may start raising interest rates soon, possibly by the end of the year. (full story)

ECB's Draghi: Stronger euro could hurt recovery

By DAVID McHUGH and PAN PYLAS - AP - Mon Jul 14, 3:29PM CDT
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi said Monday that a stronger euro would put at risk the shaky recovery in the 18 countries that use the shared currency. (full story)

Asian stocks rebound after Portuguese bank scare

By JOE McDONALD - AP - Sun Jul 13, 11:03PM CDT
BEIJING (AP) — Asian stocks rebounded Monday from jitters about a struggling Portuguese bank as investors looked ahead to a busy week of data releases in the U.S., China and Europe. (full story)

ECB under pressure to get growth-sapping euro down

By PAN PYLAS - AP - Sun Jul 13, 3:02AM CDT
LONDON (AP) — The European Central Bank is coming under increasing pressure to do more to stem the strength of the euro currency, which is hurting exporters and keeping a lid on the region's recovery from recession. (full story)

Markets steady after Portuguese bank scare

By The Associated Press - AP - Fri Jul 11, 11:02AM CDT
LONDON (AP) — Global stocks steadied somewhat Friday after slumping on worries about the soundness of a bank in Portugal, while trading in Asia was muted over the specter of more financial turmoil in Europe. (full story)

Asian stocks weak amid new Europe jitters

By KAY JOHNSON - AP - Thu Jul 10, 11:21PM CDT
MUMBAI, India (AP) — Asian stock markets were muted Friday, following the lead of Wall Street traders spooked by worries about the soundness of a bank in Portugal that raised the specter of more financial turmoil in Europe. (full story)

Markets steady after solid earnings reports

By PAN PYLAS - AP - Wed Jul 09, 11:07AM CDT
LONDON (AP) — Stock markets in Europe steadied Wednesday as Wall Street opened solidly following positive earnings news from aluminum company Alcoa. (full story)

Asian stocks lower ahead of US earnings

By JOE McDONALD - AP - Sun Jul 06, 11:07PM CDT
BEIJING (AP) — Asian stock markets were mostly lower Monday as investors looked ahead to U.S. corporate earnings following last week's strong job numbers. (full story)

Markets lackluster on US Independence Day

By The Associated Press - AP - Fri Jul 04, 10:58AM CDT
LONDON (AP) — Following gains on Friday in Asia, where investors cheered a strong U.S. jobs report from the previous day, markets in Europe were lackluster as Wall Street remained closed for the Fourth of July holiday. (full story)

ECB seeks transparency, vows support to economy

By PAN PYLAS - AP - Thu Jul 03, 1:56PM CDT
The European Central Bank is overhauling the way it sets monetary policy, saying it will hold fewer meetings and publish minutes on its deliberations — a bid to be more transparent as it vows to keep supporting the economy by any means available. (full story)

US trade deficit drops to $44.4 billion in May

By MARTIN CRUTSINGER - AP - Thu Jul 03, 4:11PM CDT
WASHINGTON (AP) — The U.S. trade deficit fell in May as U.S. exports hit an all-time high, helped by a jump in exports of petroleum products. Imports dipped slightly. (full story)
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