Dollar Pares Yuan-Inflicted Losses While Oil Extends 6-Year Low

The dollar clawed back some of this week’s losses as concern over China’s devaluation ebbed and a rebound in retail sales shifted focus back to the case for higher U.S. interest rates. Crude oil extended its drop at a six-year low. The greenback was steady at $1.1158 per euro by 8:56 a.m. in Tokyo after rallying Thursday to halt the common currency’s longest rally since April. New Zealand’s dollar fell after retail sales data, as the...

Gold Ends Longest Run of Gains in 3 Months as China Calms Market

Gold declined, ending its longest run of gains in almost three months, as China eased concern about a devaluation of its currency. Global equities rebounded, and demand ebbed for haven assets including bonds and precious metals, after the People’s Bank of China quelled fears of broader currency wars with verbal support for the yuan. Bullion rose in the previous five days. Gold is often used as an alternative store of value and tends...

Bursa Jepang Dibuka Turun Dipimpin oleh Saham Energi

Bursa saham Jepang jatuh, memperpanjang penurunan mingguan, karena investor menunggu keputusan kebijakan lebih lanjut dari China terhadap arah yuan dan minyak turun ke posisi terendah dalam enam tahun terakhir, memberi tekanan bagi saham-saham energi. Indeks Topix melemah 0,2% ke level 1,664.84 pada pukul 09:01 pagi di Tokyo, berada di jalur untuk penurunan mingguan sebesar 0,8%. Indeks Nikkei 225 Stock Average turun 0,3% ke level 20,532.82....

U.S. Stocks Erase Gains Amid Retail Sales as China Worries Ease

U.S. stocks slipped after erasing gains in the last 90 minutes of trading, while anxiety eased over China’s shock currency devaluation leaving investors focused on economic data and the pace of any Federal Reserve interest-rate increases. The Standard & Poor 500 Index wobbled between gains and losses after yesterday staging its biggest intraday recovery in three years, as technical levels held up amid China’s roiling of global markets....

U.S. Stocks Fluctuate After Retail Sales as China Concern Eases

U.S. stocks fluctuated, after panic eased over China shock currency devaluation, leaving investors focused on economic data and the pace of any Federal Reserve interest-rate increases. The Standard & Poor 500 Index wobbled between gains and losses after the index yesterday staged its biggest intraday recovery in three years, as technical levels held up amid China’s roiling of global markets. Stocks held Thursday in the tightest...