FILE - In this June 4, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a conference involving its review of its interest-rate policy strategy and communications in Chicago. On Wednesday, June 19, the Federal Reserve releases its latest monetary policy statement and updated economic projections. (AP Photo/Kiichiro Sato, File)
June 18, 2019 - 9:05 pm
WASHINGTON (AP) — The Federal Reserve seems poised to pivot from keeping interest rates steady to holding out the option of cutting rates if it were to decide that the economic expansion needs support. The Fed isn't considered ready to announce that it's reducing rates for the first time in more...
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FILE - In this Thursday, May 16, 2019 file photo, European Central Bank President Mario Draghi arrives for a meeting of Eurogroup Finance Ministers at the European Council headquarters in Brussels. The European Central Bank stands ready to cut interest rates and could re-start its bond purchase stimulus program if needed to help the economy, President Mario Draghi said Tuesday June 18, 2019, in a speech at an ECB conference in Sintra, Portugal. (AP Photo/Francisco Seco, File)
June 18, 2019 - 9:40 am
FRANKFURT, Germany (AP) — The European Central Bank could unleash more stimulus if the economy doesn't pick up soon, its president warned Tuesday, sparking a sharp drop in the euro and drawing an angry tweet from U.S. President Donald Trump. Mario Draghi told a conference in Sintra, Portugal, that...
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International Monetary Fund (IMF) Managing Director Christine Lagarde, right, and European Central Bank (ECB) President Mario Draghi, left, speak prior to G20 Finance Ministers' and Central Bank Governors' Meeting Saturday, June 8, 2019, in Fukuoka, western Japan. (AP Photo/Eugene Hoshiko, Pool)
June 13, 2019 - 8:23 am
FRANKFURT, Germany (AP) — The euro has gained ground as a global currency used for government reserves as U.S. economic sanctions deter some countries' use of the dollar, the European Central Bank said in a report Thursday. The euro's share of measurable foreign reserves held by central banks and...
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A currency trader talks on the phone near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Monday, March 25, 2019. Shares were sharply lower in Asia on Monday after Wall Street ended last week with a broad retreat. (AP Photo/Lee Jin-man)
March 24, 2019 - 11:03 pm
BANGKOK (AP) — Shares tumbled in Asia on Monday after Wall Street ended last week with a broad retreat, while Thailand's market saw a moderate loss following a general election that appeared likely to keep the incumbent, junta-backed prime minister in power. Japan's Nikkei 225 stock index skidded 3...
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A currency trader stands near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, Jan. 24, 2019. Asian stocks were mostly higher on Thursday as positive U.S. earnings reports reassured investors that the world’s largest economy was on track. (AP Photo/Lee Jin-man)
January 24, 2019 - 5:00 am
SINGAPORE (AP) — World markets mostly rose Thursday as investors awaited comments from European Central Bank President Mario Draghi on the economic outlook. KEEPING SCORE: Germany's DAX gained 0.5 percent to 11,130 and the CAC 40 in France rose 0.8 percent to 4,878. Britain's FTSE 100 was flat at 6...
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The buildings of the banking district are reflected on the plain surface of the river Main in Frankfurt, Germany, Thursday, Jan. 3, 2019. (AP Photo/Michael Probst)
January 04, 2019 - 2:59 am
LONDON (AP) — Further signs of a cooldown in the eurozone economy emerged Friday, weighing on expectations that the European Central Bank will start raising interest rates this year. Inflation across the 19-country currency union fell in December to an eight-month low in the wake of the recent...
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FILE- In this Nov. 29, 2018, file photo trader Timothy Nick works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. 14. (AP Photo/Richard Drew, File)
December 14, 2018 - 2:22 pm
NEW YORK (AP) — Stocks staggered to eight-month lows Friday after weak economic data from China and Europe set off more worries about the global economy. Mounting tensions in Europe over Britain's impending departure from the European Union also darkened traders' moods. Major U.S. indexes fell...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Nov. 7, 2018. Asian shares were mostly higher Wednesday as investors awaited results from the U.S. midterm elections, which could have an impact on the global economy and trade. (AP Photo/Eugene Hoshiko)
November 07, 2018 - 2:31 am
NEW YORK (AP) — The latest on developments in financial markets (all times local): 5:30 a.m. The dollar has weakened in the wake of the U.S. midterm elections which saw the Democrats win control of the House of Representatives and the Republicans hold onto the Senate. The currency was down 0.3...
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A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Tuesday, Oct. 2, 2018. Asian shares fell on Tuesday as relief that the United States had brokered a trade deal with Canada gave way to concerns that negotiations with China were at a standstill. (AP Photo/Lee Jin-man)
October 02, 2018 - 5:47 am
SINGAPORE (AP) — Global markets slipped Tuesday as investors took stock of the standstill in U.S. trade negotiations with China, despite a fresh deal on North American trade. In Europe, concerns about Italy's public spending plans weighed on sentiment. KEEPING SCORE: Germany's DAX lost 0.6 percent...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Aug. 30, 2018. Asian markets were mixed Thursday as positive sentiment from U.S. economic data and the country's willingness to strike a trade deal with Canada was shaken by a weaker dollar. (AP Photo/Ahn Young-joon)
August 29, 2018 - 11:07 pm
SINGAPORE (AP) — Asian markets were mixed Thursday as positive sentiment from U.S. economic data and the country's willingness to strike a trade deal with Canada was shaken by a weaker dollar. KEEPING SCORE: Japan's benchmark Nikkei 225 added 0.1 percent to 22,877.66 while the Kospi in South Korea...
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