China's surprisingly big February trade deficit numbers Monday cut into commodity prices and other growth-sensitive securities.
Gold edged lower on Monday after equities reversed gains and the U.S. dollar rallied to the highest in more than a month, but some investors opted to stay on the sidelines ahead of a U.S. Federal Reserve meeting this week that could weigh on the precious metal.
Shares and the euro began trading within narrow ranges on Monday, retracing some of last week's gains, as investors paused to assess the effect of strong U.S. jobs data on the growth outlook and the potential for an end to central bank policy easing.
Asian shares fell Monday as investors paused to assess the effect of strong U.S. jobs data, which scaled back expectations for more easing ahead of this week's Federal Reserve meeting, while concerns over China's slowdown also weighed on sentiment.
The week ahead -- March 12 to March 16 -- will feature the Federal Open Market Committee meeting and three inflation reports for February: import prices, the producer price index (PPI) and the consumer price index (CPI).
Where to watch a live stream of Sporting Lisbon Vs. Manchester City in the Europa League, plus a full match preview and prediction.
Greece's tortuous debt restructuring and threat of retroactive laws to compel reluctant creditors heaps regulatory risk onto investors but may make voluntary sovereign debt revamps more attractive and likely for other cash-strapped euro sovereigns and their creditors.
Greece's tortuous debt restructuring and threat of retroactive laws to compel reluctant creditors heaps regulatory risk onto investors but may make voluntary sovereign debt revamps more attractive and likely for other cash-strapped euro sovereigns and their creditors.
Athens turned up the heat on its creditors on Tuesday as it sought to secure a bond swap that will cut its mountainous debt, while the main bondholders group warned a disorderly default would cause more than a trillion euros of damage to the euro zone.
The euro area's economy shrank in the fourth quarter, raising fear that the euro bloc may already be sliding back into recession as spending, exports and manufacturing collapsed.
A disorderly Greek default would cause more than a trillion euros ($1.3 trillion) of damage to the euro zone and could leave Italy and Spain dependent on outside help to stop contagion spreading, the main bondholders group has said.
Wall Street's bonuses fell nearly 25 percent in 2011, a New York City fiscal watchdog estimated on Monday, a less severe drop than the industry had anticipated, though still likely to deal a blow to the economies of New York City and New York state.
Wall Street's bonuses fell nearly 25 percent in 2011, a New York City fiscal watchdog estimated on Monday, a less severe drop than the industry had anticipated, though still likely to deal a blow to the economies of New York City and New York state.
Wall Street's bonuses fell nearly 25 percent in 2011, a New York City fiscal watchdog estimated on Monday, a less severe drop than the industry has anticipated, though still likely to deliver a blow to the economies of New York City and New York state.
One of the largest annual technical conferences, South by Southwest (SXSW), will begin Friday, March 9 and last until Sunday, March 18. Here is a full list of the SXSW 2012 music lineup for South by Southwest from March 13-18.
The euro zone is out of the emergency ward, but it may face a chronic debilitating illness rather than a rapid convalescence.
Barclays Plc tapped the European Central Bank for 8.2 billion euros ($10.8 billion) of cheap funding this week, marking a U-turn for the bank as it had previously been worried about the risk of political interference if it took funds.
Despite agreeing to the new European Union fiscal stability pact, Spain has autonomously decided to defy the established deficit target. Spain will not reach the previously set deficit target of 4.4 percent of gross domestic product (GDP) and instead opts for more flexibility, setting a new target of 5.8 percent of GDP.
Spain set itself a softer deficit target for 2012 than originally agreed under the euro zone's austerity drive, putting a question mark over the credibility of the European Union's new fiscal pact.
Barclays Plc has taken 8.2 billion euros ($10.9 billion) of the European Central Bank's (ECB) long-term refinancing operation (LTRO), which offers three-year loans to banks at a rate of 1 percent, in order to manage funding gaps in Spain and Portugal.
European Union leaders met on Thursday to discuss the right balance between budget austerity and reviving lost growth, at the first summit for two years in which the euro zone debt crisis did not eclipse all else.
A new theory is gaining steam that calls into question the conventional hypothesis that humans came to America via a land bridge connecting Alaska and Siberia.
