China's stocks dropped the most in the month as increasing concern mount over companies damaged by the earthquake and inflation risks by reconstruction after-quake.
IBT Staff Reporter
May 20, 2008
U.S. stocks plunged on Tuesday after oil soared to nearly $130 a barrel fueling concerns that commodity prices will further dampen U.S. consumption levels, while analysts forecast more credit losses and faster inflation.
IBT Staff Reporter
May 20, 2008
The dollar was little changed against the yen on Thursday holding on to gains from yesterday as U.S. stocks rose on consumer prices which rose less than expected, alleviating inflation worries.
IBT Staff Reporter
May 14, 2008
Crude oil futures soared for a fifth day above $126 a barrel on Friday as the dollar fell against the euro and other major currencies increasing demand for commodities as a hedge against inflation.
IBT Staff Reporter
May 09, 2008
Dollar closed slightly lower after a range bound movement against the euro yesterday due to the recovery in European currency after the decision from ECB.
IBT Staff Reporter
May 09, 2008
Gold futures ended with strong gains on Thursday as record energy costs and weakness in the U.S. dollar boosted the demand for a hedge against inflation.
IBT Staff Reporter
May 08, 2008
Crude futures climbed past $124 a barrel in electronic trading late afternoon, recovering from earlier weakness as traders continued to have concerns over global supplies, while OPEC commented the market is well supplied.
IBT Staff Reporter
May 08, 2008
Gold fell for the first time in four sessions on Wednesday as the dollar strengthened against the euro and other major currencies.
IBT Staff Reporter
May 07, 2008
Dollar drifted lower against the euro yesterday and closed at 1.5529 (1.5491)
IBT Staff Reporter
May 07, 2008
Dollar eased against the euro yesterday despite an unexpectedly strong data from the US Service sector.
IBT Staff Reporter
May 06, 2008
Dollar strengthened against the euro on Friday after government report showed the U.S. economy shed just 20 000 jobs in April fewer than economists had expected.
IBT Staff Reporter
May 05, 2008
Copper futures recovered on Friday from a sell-off the previous day and but gained support by better than expected jobless data and factory orders in the United States. Prices also rose amid worries on short supplies from top exporter Chile.
IBT Staff Reporter
May 02, 2008
Dollar strengthened against the euro yesterday as traders took profits on the European currency amid optimism that the Federal Reserve's
IBT Staff Reporter
May 02, 2008
The dollar rose on Friday against an index of its largest rival currencies after U.S. economic data on Thursday raised expectations that the Federal Reserve would take a pause from its string of interest rate cuts.
IBT Staff Reporter
May 01, 2008
Copper fell over 5 percent today as the dollar rose against the euro, diminishing demand for commodities used to compensate for inflation.
IBT Staff Reporter
May 01, 2008
The dollar fell against major currencies on Wednesday after the Federal Reserve made an expected quarter point cut in its benchmark interest rate to 2 percent but left open the possibility to further rate cuts, raising concerns about inflation.
IBT Staff Reporter
Apr 30, 2008
The Federal Open Market Committee decided today to lower its target for the federal funds rate 25 basis points to 2 percent.
IBT Staff Reporter
Apr 30, 2008
China should continue to prevent inflation and overheating of economic development in the second quarter, especially to control rising prices and curb inflation, the State Development and Reform Commission (SDRC) said Tuesday.
IBT Staff Reporter
Apr 30, 2008
Treasuries rose on Monday in light trading as bond investors expected a Federal Reserve cut in the benchmark interest rate later in the week.
IBT Staff Reporter
Apr 28, 2008
Gold futures rose on Monday after crude-oil contract hit a new record, raising the appeal of precious metals as a hedge against inflation.
IBT Staff Reporter
Apr 28, 2008
By Gary DorschIn the futures markets, crude oil is up 80% from a year ago, unleaded gasoline up 40% natural gas up 39%, Soybeans are up 83%, corn up 65%, wheat up 95%, sugar up 30%, Gold up 36%, and rough rice is 125% higher from a year ago
IBT Staff Reporter
Apr 24, 2008
Sterling recovered against the broadly weak dollar yesterday after a Bank of England policymaker welcomed the bank's plan to free up market liquidity as a way to keep the BOE focused on inflation risks.
IBT Staff Reporter
Apr 23, 2008
