dollar

America Movil says still looking at Mexico asset sale alternatives

Mexico's America Movil (AMXL.MX) said on Friday that it was still reviewing alternatives to a sale of assets in Mexico in the wake of AT&T's entry into the market, adding that it did not want to sell infrastructure.

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Weak U.S. business spending data hints at sluggish growth rebound

U.S. business investment spending plans fell for a seventh straight month in March, weighed down by a strong dollar and lower energy prices, suggesting the economy was struggling to rebound from a recent soft patch.

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Euro hits two-week high on German IFO, Greek hopes

The euro hit a two-week high against a soft dollar on Friday, supported by a rise in a key German business sentiment survey and hopes that cash-strapped Greece was making tentative progress toward securing fresh funding.

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Home sales vault to 18-month high as supply improves

U.S. home resales surged to their highest level in 18 months in March as more homes came on the market, a sign of strength in housing ahead of the spring selling season.

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Wall Street's two major indexes drop; oil falls

Major U.S. stock indexes lost ground on lackluster earnings reports on Tuesday, while oil fell on concerns about U.S. crude stockpiles and Saudi Arabia's announcement that it ended its military campaign in Yemen.

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Earnings cloud drags down Dow; Nasdaq gains on biotech M&A

U.S. stocks were a mixed bag on Tuesday, with the Dow ending lower after a handful of uninspiring earnings reports while the Nasdaq closed near a record high following a proposed biotech merger.

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U.S. consumer prices edge up, supporting Fed rate rise

U.S. consumer prices increased for a second straight month in March on rising gasoline and housing costs, a sign of an uptick in inflation that should keep the Federal Reserve on course to start raising interest rates this year.

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Investors look to earnings for market direction

Investors attempting to determine whether U.S. equities will rebound from Friday's selloff or continue to sink will look to a deluge of earnings next week for a clearer picture of the economy.

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Slack China demand on lofty prices, calm in India ahead of festival

Gold buying in the world's top two gold consuming countries remained slow this week as premiums in China improved only slightly and those in India slipped as the global benchmark stabilised at $1,200 an ounce.

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Wall Street ends higher as jitters about earnings and oil recede

U.S. stocks closed higher on Wednesday, fueled by gains in oil companies and speculation that upcoming first-quarter earnings reports might not be quite as weak as previously thought.

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Japan PM adviser Hamada says dollar at Y120 acceptable

The yen is fairly valued around current levels, a key economic adviser to Prime Minister Shinzo Abe said on Tuesday, a day after comments he made were taken to mean the yen was too weak.

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Wall Street ends higher after bounce in oil prices

The Dow and S&P 500 ended higher on Tuesday, helped by energy stocks and quarterly earnings reports that topped modest expectations following worries about a strong dollar.

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Yen strengthens to hit two-year high against weak euro

The yen rose across the board on Tuesday, hitting a two-year high against the euro, after an economic adviser to Japan's Prime Minister Shinzo Abe indicated that the currency might have fallen too far and needed to retrace some of its losses.

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Deal talks, weak euro buoy European shares

European share markets touched a 14-year high on Tuesday, supported by takeover talks between telecoms equipment firms Nokia and Alcatel Lucent, while a shifting global monetary policy outlook weighed on the euro.

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Stocks slip with eyes on earnings; oil ticks up

Equities in major markets slipped on Monday, weighed down by Wall Street on trepidation over first-quarter earnings, while crude prices added to last week's gains on concern about Middle East tensions.

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