The dollar gained against the euro in Asian trading Thursday, after the International Monetary Fund said late Wednesday that it plans to sell 191.3 tons of gold, likely on the open market.
The IMF's announcement pushed spot prices and gold-miner shares lower. The planned sales would be valued at about $6.19 billion at current prices, according to CNBC. See full story on IMF gold sales.
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IMF announces gold sale lead to Dollar gains vs Euro
Posted by YenFung 203 days ago (http://www.marketwatch.com)Euro continues Gain against Dollar amid hope on Greece Currencies
Posted by HassanAhmad 204 days ago (http://www.marketwatch.com)
The euro continued recent gains against the dollar in Asian trading Wednesday, as investors absorbed details of European aid to Greece that emerged in the previous session.
China's move to hike reserve ratio lead to stock futures fall
Posted by HassanAhmad 209 days ago (http://www.marketwatch.com)
U.S. stock futures fell on Friday after China hiked its deposit-reserve ratio, escalating worries over global economic growth and prompting traders to sell stocks and commodities, and buy the U.S. dollar.Futures on the Dow Jones Industrial Average dropped 67 points, or 0.7%, to 10,043.
S&P 500 futures fell 9 points, or 0.8%, to 1,067.60, and Nasdaq 100 futures declined 15.75 points, or 0.9%, t
S&P 500 futures fell 9 points, or 0.8%, to 1,067.60, and Nasdaq 100 futures declined 15.75 points, or 0.9%, t
U.S. stock futures point higher after G7 meeting Indications
Posted by JamesT 212 days ago (http://www.marketwatch.com)
U.S. stock futures tilted modestly higher Monday amid relative calm over European finances and the lack of any sparks at a weekend meeting of top finance ministers.
S&P 500 futures (SPX 1,065, -0.72, -0.07%) rose 1.6 points to 1,061.4 and Nasdaq 100 futures (COMP 2,141, -0.47, -0.02%) were ahead 1 point at 1,746. Futures on the Dow Jones Industrial Average (INDU 10,012, +10.05, +0.10%) gained
S&P 500 futures (SPX 1,065, -0.72, -0.07%) rose 1.6 points to 1,061.4 and Nasdaq 100 futures (COMP 2,141, -0.47, -0.02%) were ahead 1 point at 1,746. Futures on the Dow Jones Industrial Average (INDU 10,012, +10.05, +0.10%) gained
Mattel's profit jumps; Barbie sales surge
Posted by NellyCain 222 days ago (http://www.marketwatch.com)
Mattel Inc., maker of Barbie dolls and Hot Wheels racing toys, reported Friday that its fourth-quarter profit jumped 86% on lower costs as Barbie sales notched their biggest gain in a decade.
Net income rose to $328.4 million, or 89 cents a share, from $176.4 million, or 49 cents a share, in the year-earlier period. Excluding a tax benefit of 8 cents a share, adjusted earnings in the latest q
Net income rose to $328.4 million, or 89 cents a share, from $176.4 million, or 49 cents a share, in the year-earlier period. Excluding a tax benefit of 8 cents a share, adjusted earnings in the latest q
U.S. stocks end sharply lower as tech disappoints Market Snapshot
Posted by LLLNews 223 days ago (http://www.marketwatch.com)
A day-long slide in stocks Thursday, fueled by a swoon in the technology sector following Apple's unveiling of its new tablet computer, left the market poised for its worst monthly decline since the end of the bear market.
Investing in Currencies - Currency Market News
Posted by JJBenson 231 days ago (http://www.marketwatch.com)
The dollar jumped to its highest level in five months versus the euro on Wednesday as reports that China is reining in lending led investors to shun risky assets and worries about Greece's budget problems kept pressure on the shared currency.
Intel beats view; growth worry hits shares
Posted by JohnDeen 233 days ago (http://www.marketwatch.com)
Shares of Intel Corp. fell Friday after the semiconductor giant reported strong fourth-quarter results that won rave reviews from Wall Street, but also triggered worries about a peak in earnings growth.
Shares of Intel(INTC 20.84, +0.04, +0.19%) tumbled 3.2%, helping drag the entire chip sector down as the Philadelphia Semiconductor Index(SOX 344.67, -12.29, -3.44%) fell 3.4%. The chip retre
Shares of Intel(INTC 20.84, +0.04, +0.19%) tumbled 3.2%, helping drag the entire chip sector down as the Philadelphia Semiconductor Index(SOX 344.67, -12.29, -3.44%) fell 3.4%. The chip retre
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