S&P 500 Index Heads Toward Worst Month in More Than Three Years

U.S. stocks declined, with the Standard & Poor’s 500 Index on the verge of its worst month in more than three years, as investors harbored concerns about slowing global growth and the impact of a potential interest-rate increase by the Federal Reserve as soon as September. Equities earlier trimmed their losses after energy shares reversed a 2.5 percent selloff to rally as much as 1.4 percent. The move followed a jump in oil prices...

Aussie Above Six-Year Low as Traders Look to RBA for Direction

Australia’s dollar held above a six-year low as traders waited for comments from Reserve Bank Governor Glenn Stevens on the exchange rate in Tuesday’s policy-meeting statement. The Aussie traded within a cent of the 70.50 U.S. cents it reached last week for the first time since April 2009. In the statement following last month’s meeting, Stevens refrained from indicating the currency...

Japan Stocks Fall Second Day as Investors Watch China Markets

Japanese stocks fell for a second day, led by iron and steel producers, after the Topix index posted its worst monthly loss in three years, as confidence waned that China will be able to prop up its markets amid slowing economic growth. The Topix slipped 0.6 percent to 1,527.88 as of 9:01 a.m. in Tokyo, after Monday capping its biggest monthly plunge since May 2012. The Nikkei 225 Stock Average fell 0.7 percent to 18,756.04. The yen...

U.S. Stocks Decline as S&P 500 Posts Worst Month Since May 2012

U.S. stocks declined, with the Standard & Poor’s 500 Index posting its worst month in more than three years, as investors harbored concerns about slowing global growth and the impact of a potential interest-rate increase by the Federal Reserve as soon as September. The S&P 500 lost 0.8 percent to 1,972.15 at 4 p.m. in New York, capping its biggest monthly slide since May 2012. The gauge in earlier trading fell as much as 1.2...

Gold Decline Fifth Time in Six Sessions on Revived Rate Concerns

Gold futures declined for the fifth time in six sessions as comments by a Federal Reserve official reignited concern that U.S. interest rates will climb this year. Fed Vice Chairman Stanley Fischer said over the weekend there is "good reason" to believe inflation will accelerate, boosting speculation that the central bank won’t delay its first rate increase since 2006. Stubbornly low inflation along with the prospect of tighter U.S....

Yen Advances as China Slowdown Concerns Spur Haven Demand

The yen advanced, halting a four-day slide, on speculation a report Tuesday will add to evidence of slowing growth in China. Japan’s currency was the biggest gainer versus the dollar among its developed-market counterparts before the data that economists said will show China’s manufacturing contracted in August for the first time since February. Chinese banks have passed on cuts in official deposit rates and even exceeded them, a sign...

Malaysia Held a Massive Demonstration

Pro-democracy movement demanding Prime Minister Najib Razak retreated, following reports that he received US $ 700 million in his personal account of the institution of government-owned investment funds, 1MDB. The protesters gathered in the Malaysian capital to attend the two-day demonstration demanding the resignation of the prime minister who faces serious charges of corruption. Clean, civil society leading the country, demanding...

Asian Stocks Drop, Extending Biggest Monthly Retreat Since 2012

Asian stocks fell, extending the biggest monthly drop since May 2012, as investors weighed comments from a weekend meeting of monetary policy makers. The MSCI Asia Pacific Index declined 0.6 percent to 130.26 as of 9:06 a.m. in Tokyo, on course to slide 8.3 percent in August. Futures on the Standard & Poor’s 500 Index retreated 1.1 percent. There’s good reason to believe inflation will move higher, Federal Reserve Vice Chairman...

Japan Stocks Fall, Extending Biggest Monthly Loss Since 2012

Japanese stocks fell, with the Topix index set to cap its biggest monthly loss in more than three years, as comments from Federal Reserve officials renewed speculation the U.S. may raise interest rates as soon as September. The Topix slipped 0.7 percent to 1,538.78 as of 9:03 a.m. in Tokyo, heading for an 7.3 percent drop in August, the biggest such plunge since May 2012. The Nikkei 225 Stock Average fell 0.8 percent to 18,976.20, on...

Saham AS Ditutup Sedikit Berubah Pasca Pekan Yang Tidak Stabil

Bursa Saham AS berakhir sedikit berubah, dengan indeks Standard & Poor 500 berada pada jalur untuk bulan terburuknya sejak Mei 2012, terkait kelonggaran yang ditemukan ekuitas dari fluktuasi pada awal pekan ini. Indeks S & P 500 naik 0,1 persen menjadi 1,988.65 pada 04:00 sore di New York, setelah sebelumnya naik sebanyak 0,3 persen. Indeks Kamis mencatatkan kenaikan back-to-back terbaiknya sejak Maret 2009. Indeks S & P...

Gold Heads for Biggest Weekly Drop in a Month as Markets Rally

Gold headed for the biggest weekly decline in a month after a report showed the U.S. economy grew stronger than expected in the second quarter, reducing the metal’s appeal as a haven. Bullion for immediate delivery was little changed at $1,126.27 an ounce at 8:58 a.m. in Singapore, according to Bloomberg generic pricing. It has declined 2.7 percent this week, the first weekly loss in three. The U.S. expanded at a 3.7 percent annual...

Dollar Heads for Weekly Gain as Traders Boost Bets on Rate Rise

The dollar headed for its first weekly advance since the start of this month as a rally in stocks and accelerating growth fueled speculation the U.S. economy will be resilient to a slowdown in China. The greenback has gained against all its Group-of-10 peers except the yen this week as traders increased to 54 percent the odds the Federal Reserve will raise interest rates this year, from as low as 46 percent on Tuesday. The currency...

China Stocks Rise for Second Day as State Buying Seen Continuing

China stocks rose for a second day amid speculation the government has resumed its intervention in the equities market. The Shanghai Composite Index climbed 1.4 percent to 3,125.45 at 9:34 a.m., paring this week’s loss to 11 percent. The benchmark index rallied 5.3 percent on Thursday with all of the gains coming in the last 45 minutes of trading. PetroChina Co. led a rally for energy producers after crude futures soared 10 percent in...

China Stock-Index Futures Rise as State Buying Seen Continuing

China stock-index futures rose amid speculation the government has resumed its intervention in the equities market. CSI 300 futures for September jumped 4 percent at 9:15 a.m. local time, before the release of industrial companies’ profits. The central bank raised the yuan reference rate by 0.15 percent to 6.3986 per dollar on Friday morning, the most since March. The Shanghai Composite Index rallied 5.3 percent to 3,083.59 on Thursday,...

Asian Stocks Rise as U.S. Economy Grows Faster Than Forecast

Asian stocks rose for a third day as a global rally gathered pace and the U.S. economy grew faster than expected in the second quarter. The MSCI Asia Pacific Index gained 0.4 percent to 129.32 as of 9:01 a.m. in Tokyo. The gauge, which began this week with a two-day 5.1 percent slump, has rallied the past three days. Futures contracts indicated Chinese markets will continue a rebound, with contracts on the FTSE China A50 Index gaining...

Oil Advances as U.S. Crude Inventories Unexpectedly Decrease

Oil advanced as U.S. government data showed crude stockpiles unexpectedly fell in the world biggest oil consumer. Futures climbed as much as 1.6 percent in New York, paring losses after a 1.8 percent drop on Wednesday. Inventories fell by 5.45 million barrels to 450.8 million, according to an Energy Information Administration report, compared with an increase of 1.45 million forecast in a Bloomberg survey. The nation’s output slipped...

Dollar Gains by Most in Five Months Against Euro as Stocks Surge

The dollar rose by the most in five months against the euro as U.S. stocks surged after better-than-expected data on capital goods orders bolstered the outlook for economic growth. The greenback advanced against most of its major peers as U.S. stocks staged their biggest rally since 2011 after markets from Asia to Europe fell amid the worst global equity rout in almost four years. The dollar pared gains, and later resumed its climb,...

Japanese Stocks Jump After U.S. Stages Biggest Rally Since 2011

Japanese stocks jumped for a second day, heading for the biggest two-day rally since November, as a U.S. equity rebound bolstered investor appetite for risk assets. The Topix index climbed 1.7 percent to 1,504.47 as of 9 a.m. in Tokyo, building on Wednesday’s 3.2 percent gain, as all of its 33 industry groups advanced. The Nikkei 225 Stock Average added 1.5 percent to 18,658.53. The yen weakened for a third day, trading at 120 per dollar....

S & P 500 Menguat Tajam Sejak 2011, Menghentikan Gejolak Selama 6-Hari Terakhir

Saham AS mencatat reli tertajamnya sejak 2011, menghentikan penurunan selama enam hari, karena investor menemukan beberapa bantuan pasca penurunan terburuk ekuitas global di hampir empat tahun. Treasuries jatuh dan dolar naik. S & P 500 meningkat sebesar 3,9% pada 04:00 sore di New York, yang merupakan kenaikan tertajam sejak November 2011. reli pada menit pertama perdagangan tergerus lebih dari setengah sepanjang sesi pagi, sebelum...

Indeks Saham AS Menguat Pasca Aksi Jual Selama 6 hari

Saham AS menguat, di tengah penurunan beruntun tertajamnya dalam empat tahun terakhir, karena investor mencoba untuk kembali pasca memudarnya reli awal kemarin. Perusahaan teknologi memimpin kenaikan, terkait aksi di hari Selasa, dengan Apple Inc, Google Inc dan Qualcomm Inc naik setidaknya 2%. Saham perbankan juga berada pada jalur yang sama dengan kemarin dengan JPMorgan Chase & Co dan Citigroup Inc meningkat lebih dari 1,4%. Cameron...

Oil Swings Amid Commodity Rebound as U.S. Crude Stockpiles Fall

Oil swung between gains and losses amid a rebound in commodities while industry data showed U.S. crude stockpiles declined. Futures were little changed in New York after advancing 2.8 percent Tuesday. U.S. crude inventories decreased by 7.3 million barrels last week, the American Petroleum Institute was said to have reported. An increase of 1.45 million barrels is forecast in a Bloomberg survey before an Energy Information Administration...

Dollar Pares Gains as U.S. Stocks Fall Amid Renewed Volatility

The dollar pared gains as U.S. stock markets erased advances after China cut interest rates following Monday’s $2.7 trillion global equity wipeout. The dollar trimmed earlier gains, rising 0.5 percent to 118.98 yen as of 4:09 p.m. in New York, after slumping to 116.18 on Monday, the weakest since Jan. 16. The greenback rose 1.1 percent to $1.1488 per euro, bouncing back after...

Saham Jepang, Hentikan Penurunan Dalam Enam Hari

Indeks saham Jepang menguat, menghentikan penurunan dalam enam hari terakhir seiring para investor menimbang dampak pemangkasan suku bunga China. Indeks Topix naik 1,2 persen ke level 1,449.75 pukul 09:05 pagi di Tokyo, dengan semua kelompok 33 saham sub industri mengalami penguatan. Indeks Nikkei 225 Stock Average menguat 0,3 persen ke level 17,864.88. Yen ditransaksikan pada level 118,81 per dolar setelah melemah 0,4 persen pada Selasa...

Relief Rally Evaporates in U.S. Stocks as China Anxiety Bubbles

A rebound that took the Dow Jones Industrial Average up more than 440 points disappeared as traders said trepidation over what will happen in China’s market made holding on to stocks too risky for most investors. The 30-stock index slid 1.3 percent to 15,665.77 at 4 p.m. in New York, down 4 percent from its highest point. The peak-to-trough retreat matched Monday’s selloff, when...

U.S. Stocks Rally as S&P 500 Rebounds From Drop Into Correction

U.S. stocks rallied, with the Standard & Poor’s 500 Index clawing back some of its losses from a global rout that sent the benchmark into a correction amid the steepest two-day drop since the financial crisis. Technology shares led the rebound as Apple Inc. jumped the most since January. JPMorgan Chase & Co. and Bank of America Corp. advanced at least 3.8 percent to lead banks back from their worst two-day slide in four years....

Gold falls as dollar pares losses; platinum sinks on stocks rout

Gold turned lower on Monday, as the dollar pared losses, and U.S. shares and other commodity markets staged a comeback while the white precious metals fell on concerns about the Chinese economy. World stock markets initially plunged after a near-9 percent dive in China shares, attracting safe haven buying to gold as crude oil futures fell sharply to 6-1/2-year lows and copper to a six-year low. Spot gold was down 0.7 percent at $1,152.45...

Dollar Plunges to 7-Month Low Versus Euro, Yen Amid Global Rout

The dollar slumped to a seven-month low against the euro and the yen as most traders concluded the Federal Reserve will refrain from raising interest rates next month amid a global stock-market rout. The greenback fell to the lowest since January as declining commodity and share prices deepened a plunge in emerging-market currencies that started after China’s shock devaluation of the yuan on Aug. 11. The dollar fell 2.4 percent to...

S&P 500 Index Falls Into Correction Amid Global Equities Rout

The Standard & Poor’s 500 Index fell into a correction for the first time since 2011 in one of the most volatile trading days ever, as a rout in global equity markets deepened. It was a day of wild swings as equities plunged at the open before staging a sharp rebound, with the Nasdaq 100 Index by midday nearly erasing a 9.8 percent drop. The Dow Jones Industrial Average dropped...

European stocks lose more than 500 bln euros in value after China rout

European stocks slumped on Monday following a rout in Chinese markets, wiping hundreds of billions of euros off leading shares and sending one benchmark index to a seven-month low. Trading screens flashed red across the region as stock markets in Frankfurt and Paris fell more than 5 percent, while Athens' bourse - already down sharply due to Greece's debt problems - slumped around 10 percent. The pan-European FTSEurofirst 300 was down...

U.S. Stocks Slide Amid Deepening Rout in Global Equity Markets

U.S. stocks fell, tracking a selloff in global equity markets, amid a deepening rout in all but the safest assets. The Standard & Poor’s 500 Index slid 4.8 percent to 1,876.16 at 9:34 a.m. in New York, with the benchmark hitting its lowest level since October. Calm in the U.S. market shattered last week, with volatility soaring by the most on record as the Dow entered a correction and investors dumped the biggest winners of 2015....

Dollar falls as currency traders shift Fed rate-hike view to December

The dollar weakened Thursday, continuing a decline that began after minutes from a July meeting of Federal Reserve policy makers suggested that several of them may not be ready to raise interest rates in September. The ICE U.S. dollar index a measure of the dollar’s strength against a basket of six currencies, was down 0.4% to 95.9630. It has shed 0.4% of its value so far this week, a significant move for the dollar-strength gauge. The...

Gold Climbs to One Month High as Bets Fall on U.S. Rate Increase

Gold advanced to the highest in a month as traders scaled back bets on a U.S. interest-rate increase in September after Federal Reserve officials said they needed more evidence that the economy is strengthening. Gold futures for December delivery rose 2.2 percent to settle at $1,153.20 an ounce at 1:42 p.m.on the Comex in New York. Prices rose to $1,153.70, the highest for a most-active contract since July 15. Most Fed officials in...

S&P 500 Drops Most Since February 2014 on Global Growth Concern

The Standard & Poor’s 500 Index tumbled the most since February 2014 as the selloff in emerging-market stocks deepened, fanning concerns over slowing global growth. The Standard & Poor’s 500 fell 2.1 percent to 2,035.97 at 4 p.m. in New York, dropping below a trading range it’s been in for most of the year. The Dow Jones Industrial Average lost 355.97 points, or 2.1 percent, to 16,992.76, the lowest level since October. The...

S&P 500 Erases Gain for Year as Global Growth Concerns Intensify

The Standard & Poor’s 500 Index erased gains for the year as the selloff in emerging-market stocks deepened, fanning concerns over slowing global growth. Netflix Inc. lost 7.4 percent as investors targeted the biggest winners of the year. Media stocks were poised for a correction as Walt Disney Co. tumbled 5.1 percent amid an analyst downgrade. Bank of America Corp. and Citigroup Inc. slumped more than 2.7 percent to pace declines...

Intensifnya Aksi Selloff Saham Eropa ditengah Kecemasan Pertumbuhan Global

Meningkatnya kekhawatiran bahwa pelemahan pertumbuhan global dan ketidakpastian tentang waktu kenaikan suku bunga AS menyeret saham Eropa melemah untuk hari kedua. Jeda untuk ekuitas Eropa pada awal pekan ini tidak berlangsung lama, seiring gejolak di pasar negara berkembang melebar. Kazakhstan adalah negara terbaru yang mendevaluasi mata uangnya, menyusul langkah serupa dilakukan oleh China pekan lalu. Indeks FTSE 100 Inggris jatuh...

Emas Naik ke Level Tertinggi dalam Satu Bulan

Harga emas memperpanjang kenaikannya ke level tertinggi dalam satu bulan terakhir pada hari Rabu, pasca rilis risalah dari pertemuan Federal Reserve AS bulan lalu yang mengisyaratkan penurunanan kemungkinan kenaikan suku bunga pada bulan September mendatang, mendorong pelemahan dolar. Risalah dari pertemuan Juli menunjukkan pembuat kebijakan terus khawatir pada tertahannya laju inflasi dan pelemahan ekonomi global yang menimbulkan risiko...

Dollar Falls as Traders Trim Bets on September Fed Rate Increase

The dollar fell after minutes from the Federal Reserve’s latest policy meeting led traders to reduce bets that the central bank will increase interest rates in September. Most meeting participants “judged that the conditions for policy firming had not yet been achieved, but they noted that conditions were approaching that point,” according to minutes of the July 28-29 Federal Open Market Committee session, released Wednesday in Washington. The...

Asian Stocks Fall Fifth Day on Fed Minutes, China Slowdown Fears

Asian stocks fell for a fifth day after Federal Reserve minutes showed U.S. officials sought more progress on inflation and investors watched China as concerns heighted over the nation’s slowdown. The MSCI Asia-Pacific Index slid 0.1 percent to 135.87 as of 9:05 a.m. While the Fed’s minutes quelled speculation the central bank will raise rates at its next gathering, China’s shock currency devaluation continued to...

Japanese Stocks Fall After Yen Rises on Bets Fed Will Hold Rates

Japanese stocks fell after the yen strengthened against the dollar as minutes from the Federal Reserve’s latest policy meeting led traders to reduce bets that the central bank will increase U.S. interest rates in September. The Topix index lost 0.4 percent to 1,641.39 at 9:01 a.m. in Tokyo, with all but six eight of its 33 industry groups retreating. The Nikkei 225 Stock Average declined 0.2 percent to 20,181.21. The yen traded at 123.92...

U.S. Stocks Fall as Fed Boost Fades Amid Oil Rout, China Concern

A midafternoon rally in U.S. stocks faded as encouragement from Federal Reserve minutes proved fleeting and investors refocused on China and the global economy. Stocks briefly trimmed losses as Fed minutes showed policy makers judged conditions for higher rates haven’t been met yet. While that reduced speculation the central bank will raise rates at its next gathering, China’s shock devaluation continued to roil emerging-market...

Dollar edges higher for third straight session

The dollar was on track to finish higher against a basket of rivals for a third session Tuesday, as investors were cautious ahead of what many expect to be a volatile session Wednesday. A reading on U.S. consumer-price inflation in July is expected then, along with minutes from the July meeting of Federal Reserve policy makers. In Europe, meanwhile, investors are anxious to see whether the German parliament will support a third bailout...