Dollar Holds Losses as Investors Await Fed Speeches for Clues

The dollar held losses against the euro and the yen as investors look to speeches by Federal Reserve officials for clues on monetary policy. A gauge of the greenback against major peers dropped the most since October 2011 last week as banks including HSBC Holdings Plc said the currency’s surge since August is coming to an end. Officials scheduled to speak on Monday include Cleveland Fed President Loretta Mester, a non-voting member,...

Gold Extends Weekly Climb After Dollar Drops Most Since 2011

Gold headed for the longest run of gains since October, rising for a fourth straight day, as the dollar held a weekly loss after the Federal Reserve reduced projections for U.S. interest-rate increases. Bullion for immediate delivery rose as much as 0.4 percent to $1,187.31 an ounce and was at $1,186.68 at 8:01 a.m. in Singapore, according to Bloomberg generic pricing. The metal...

Asian Stocks Extend Global Gains as Gold Climbs; Crude Retreats

Asian stocks climbed, with the regional index extending gains at a six-month high after speculation the U.S. will hold interest rates near zero past mid-year fueled the biggest weekly surge in global equities since 2013. Crude oil declined, while gold advanced. The MSCI Asia Pacific Index rose a fifth straight day, adding 0.6 percent by 9:19 a.m. in Tokyo as Japan’s Topix index rose 0.7 percent. Standard & Poor’s 500 Index futures...

Japanese Shares Head for Seven-Year High as Global Rally Resumes

Japanese stocks rose, with the Topix index headed for a seven-year high, as the rally in global equities resumed amid expectations the Federal Reserve will be slower to raise interest rates. The Topix advanced 0.2 percent to 1,583.14 as of 9:01 a.m. in Tokyo, poised for its highest close since November 2007, after capping a ninth straight weekly gain. The Nikkei 225 Stock Average added 0.1 percent to 19,584.73. The yen traded at 119.95...