Friday, April 4, 2014
The head of the International Monetary Fund warned Wednesday that leading nations need to embrace bold policy steps to accelerate a still-modest and fragile global economic recovery.
World food prices reached their highest level for 10 months in March due to poor weather in major producing countries and the crisis in Ukraine, a top grain exporter, the United Nations food agency said on Thursday.
World stock markets were mostly higher Thursday as investors took heart from new stimulus in China and evidence of stronger U.S. hiring.
The euro was mixed in Asia Thursday as investors turn their attention to a European Central Bank (ECB) policy meeting later in the day, after weak inflation data fuels speculation of a rate cut.
The price of oil drifted lower Thursday even after China introduced measures to underpin growth and U.S. crude inventories unexpectedly declined.
Thursday, April 3, 2014
World stock markets pushed higher Wednesday on signs of a pickup in the U.S. economy and expectations of further stimulus in Japan.
The dollar extended its gains against the yen in Asia Wednesday after upbeat manufacturing data from the United States and Europe boosted sentiment ahead of key U.S. jobs figures this week.
The price of oil was steady Wednesday after a big fall the day before as traders waited for a report on U.S. crude stockpiles.
Wednesday, April 2, 2014
Federal Reserve Chair Janet Yellen made clear Monday that she thinks the still-subpar U.S. job market will continue to need the help of low interest rates “for some time.”
Global stock markets were mostly higher Tuesday as the Fed's vow to keep interest rates low offset weak economic indicators from China and Japan.