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Dollar back in vogue on CPI boost, Yellen's comments

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LONDON - The dollar hit a one-month high against a basket of major currencies on Monday after stronger-than-expected underlying U.S. inflation bolstered the Federal Reserve's case for an interest rate hike later this year.

Stocks dip, bonds fall as CPI keeps Fed on course

NEW YORK - Global equity markets dipped but remained near record highs on Friday after Federal Reserve Chair Janet Yellen said she expected U.S. interest rates to rise this year, a view that lifted bond yields and was bolstered by rising core consumer prices.

22 May 2015

Oil down 2 percent ahead of long U.S. Memorial Day weekend

NEW YORK - Oil fell about 2 percent on Friday as a rallying dollar and profit-taking ahead of a long U.S. holiday weekend cut short a two-day run-up in crude prices.

22 May 2015

Vodafone hits 14-year high as M&A talk rumbles on

LONDON - Britain's top share index hit its highest level in 10 days on Friday, driven by a jump in network operator Vodafone's shares, which hit a 14-year high on the back of potential merger activity.

22 May 2015

Sterling suffers a setback as U.S. inflation lifts dollar

LONDON - Sterling was on track for its biggest fall against the dollar in three weeks on Friday after a stronger-than-expected rise in U.S. core consumer prices in April revived bets that inflation may reach the Federal Reserve's 2 percent target.

22 May 2015
Markets

 

18.25
7,031.72
+0.26%
-53.72
18,232.02
-0.29%
149.36
20,413.77
+0.74%

Currencies

1.5474
1.4081
1.0989

Other Indices

27,992.83
11,815.01
5,106.98
2,126.06
137.80
170.51

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