Global Markets News
- Wall Street was little changed in choppy trading on Friday as investor optimism due to fading chances of an interest rate hike this year was offset by a fall in energy and financial stocks. | Video
NEW YORK - Two influential Federal Reserve policymakers on Friday reinforced the message that an interest rate hike is coming before year end, saying that while they expect to move, things could change that force the U.S. central bank to delay again.
LONDON - The coming week will provide clues on whether the global economy is escaping from its lackluster growth rut, amid growing concerns of another downturn which central banks have few tools left to fight.
MILWAUKEE - A Federal Reserve policymaker who has long called for deferring interest rate hikes until next year appeared to soften his stance on Friday, saying that what really matters is that increases, once begun, must be very gradual.
NEW YORK - Oil prices swung back and forth in choppy trade on Friday as traders closed positions at the end of a week that saw prices rising by the most in over six years earlier in the session.
NEW YORK - Stocks on major world markets were on track for their biggest weekly gain since 2011 on Friday, helped by this week's strong rebound in metals and crude oil prices.
* Oil & gas: Q2 production up 6 pct and H1 production in line with guidance
MILAN/LONDON, Oct 9 - European shares rose to a one-month high on Friday after making their biggest weekly gain since January as mining stocks gained and hopes grew that interest rates would stay low for longer.
Oct 9 - Hong Kong stocks rose on Friday, capping their biggest weekly gain in six months on improving risk appetite globally as minutes from Federal Reserve's latest meeting further eroded expectations of a near-term U.S. rate hike.