Firmer dollar hits precious metals hard

Asian shares turned around a four-day losing streak and rose on Wednesday after China's central bank assured it will offer funds to banks if needed, but lingering fears of a credit crunch

Ifo: German business mood up, risks abound

German business morale edged up in June as exporters anticipated an upturn in fortunes, raising hopes that Europe's largest economy is putting recent weakness behind it – though a fragile global backdrop