Dollar Set for Longest Slump Since 2013 as Data Dim Rate Outlook

A gauge of the dollar is set for a fifth week of declines, its longest slump since 2013, as weak U.S. economic data fueled speculation the Federal Reserve will delay raising interest rates.The greenback is the worst performer this week among 10 developed-nation peers after U.S. data showed producer prices unexpectedly fell while retail sales were little changed in April. The fewest claims for jobless benefits in 15 years signaled the labor...

Gold Futures Rise to 12-Week High as Dollar Drops; Silver Gains

Gold and silver futures rose to the highest since February as the dollar’s decline boosted demand for the precious metals as alternative investments. The greenback slumped against a basket of 10 currencies to the lowest since January after a government report showed Wednesday that U.S. retail sales stalled in April, damping prospects for an increase in interest rates by the Federal Reserve. On Thursday, gold climbed for the third straight...

Asian Stocks Track Record-Setting S&P 500 Higher as Bonds Climb

Asian stocks rose, set for their first weekly gain this month, after the dollar’s retreat helped send the Standard & Poor’s 500 Index to a fresh record. Bonds tracked gains in the U.S. and Europe, while oil pared its advance.The MSCI Asia Pacific Index added 0.4 percent by 9:20 a.m. in Tokyo, as benchmark gauges from Japan to Australia climbed. S&P 500 futures were little changed after technology shares drove the index up 1.1 percent...

Japan Stocks Follow U.S. Shares Higher as Consumer Lenders Rise

Japanese stocks rose, with the Topix index extending its weekly advance, after U.S. shares climbed to records. Consumer lenders and banks gained.The Topix added 0.6 percent to 1,601.27 as of 9:01 a.m. in Tokyo, poised for a 0.9 percent increase this week. The Nikkei 225 Stock Average climbed 0.6 percent to 19,688.60. The Standard & Poor’s 500 Index closed at an all-time high Thursday as a weaker dollar boosted multinational companies....

U.S. Stocks Rise as Dollar Extends Slide, Bond Selloff Eases

U.S. stocks rose for the first time this week as the dollar weakened to a four-month low and a bond-market selloff showed signs of easing. Treasuries gained before a sale of 30-year bonds. The Standard & Poor’s 500 Index increased 0.5 percent at 9:31 a.m. in New York, halting a three-day slide. The Stoxx Europe 600 Index gained 0.3 percent. The Bloomberg Dollar Spot Index retreated 0.5 percent. The yield on 10-year Treasuries fell...