US: U.S. stocks posted their first back-to-back gains of the year after Federal Reserve Chairman Ben S. Bernanke signaled he may cut interest rates further and investors speculated Countrywide Financial Corp. will be bought.
Europe: European stocks declined for the sixth time in seven days, led by chemical makers, metal producers and engineering companies, on speculation inflation may keep central banks from cutting interest rates.
Asia: Asian stocks fell for the first time in three days, led by developers and banks, on concern U.S. credit-market losses will spread.
Commodities: Crude oil fell below $94 for the first time in more than two weeks after Goldman Sachs Group Inc. said Japan is at risk of recession, cutting energy consumption. Gold rose to a record, and silver reached the highest in 27 years as the slumping dollar boosted the appeal of precious metals as alternative investments.
Currencies: The dollar fell the most against the euro in almost two months after Federal Reserve Chairman Ben S. Bernanke signaled the central bank may cut borrowing costs this month to offset ``downside risks'' to U.S. economic expansion.
Source: Bloomberg
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