The U.S. dollar rose against the euro on Thursday as poor growth prospects and Greece's fiscal deterioration hounded the euro zone single currency, while gold slid after the International Monetary Fund said
The federal regulator of Fannie Mae and Freddie Mac on Wednesday proposed an overhaul of how the mortgage funding giants would serve the nation's housing market. The Federal Housing Finance Agency said
Stocks rose on Wednesday, boosted by strong results from farm equipment maker Deere & Co (DE.N), while data showed housing starts rebounded more strongly than expected. The Dow Jones industrial average (.DJI)
U.S. housing starts hit their highest in six months and industrial output rose a solid 0.9 percent in January in signs an economic recovery was taking a firm hold as the year
Spot gold hit a one-month peak and euro-priced bullion rose to record highs in Europe on Wednesday, supported by strong investment interest and news that South Africa is to levy royalties on
World stocks rose on Wednesday and the euro held on to most of the previous day's sharp gains as strong company earnings from both sides of the Atlantic shifted focus away from
Oil rose towards $78 a barrel on Wednesday, supported by a weaker dollar and gains in stock markets on renewed investor risk appetite as concerns about a euro zone debt crisis subsided.
Rallying banks helped lift European shares to a two-week high on Wednesday, with equities rising for the third session, as forecast-beating results from BNP Paribas fuelled confidence in the banking sector. By
Britain's top share index was up 0.6 percent by midday on Wednesday as financials and miners rose, bolstered by growing confidence on the global economic outlook, while Man Group jumped on M&A
France's biggest listed bank BNP Paribas took fewer bad debt provisions than expected in the fourth quarter, helping it beat profit forecasts, and said these charges would be lower again in 2010.
