Russia and China To Set Joint Rating Agency
Russia and China have agreed to set up a joint rating agency as Moscow’s stand-off with the we...
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G7 Meeting In Brussels To Focus on Russia
The world’s leading industrialized nations meet without Russia for the first time in 17 years ...
Merkel Asks France About Lagarde’s Availability to Head EC
German Chancellor Angela Merkel has asked France whether it would be willing to put forward Internat...
Australia’s Economy Grows 1.1 in First Quarter
Australia’s economy grew more than forecast in the first three months of the year, boosted by ...
UK Services Expand in May Beating Expectations
Eurozone business activity grew at a slower pace in May, a survey has indicated, increasing pressure...
EU Business Activity Slows Down ECB Under Pressure
Eurozone business activity grew at a slower pace in May, a survey has indicated, increasing pressure...
Will The ECB Be Bold Enough Not To Disappoint?
It’s no surprise to see tight trading in capital markets ahead of this week’s main events â€...
Japan’s Real Wages Fall 3.1% in April
The average real, or inflation-adjusted, wages in April for employees in Japan decreased 3.1 percent...
Japan Ready to Cut Corporate Tax Rate
Finance Minister Taro Aso said Tuesday he will accept Prime Minister Shinzo Abe’s proposal to ...
Oil Drops on Weaker European Indicators
Brent crude fell to a three-week low on concern a weaker European economy will reduce demand and as ...
Gold Continues Drop After Equities Fuel Rally
Gold fell for a seventh straight session, heading for the longest slump in more than a year, as U.S....
Japan’s Pension Fund Will Increase Stock Market Allocation
Japan’s public pension fund, the world’s biggest, could raise its investment in domestic...
US Auto Sales Rise in May
General Motors Co, Chrysler Group and Nissan Motor Co on Tuesday reported higher-than-expected U.S. ...
US Factory Goods Orders Rise in April
New orders for U.S. factory goods rose for a third straight month in April, pointing to strength in ...
European Commission Warns UK About Housing Bubble
Britain needs to reform its council tax system, build more houses and make changes to the Help to Bu...
UK Construction Slows Down But Still Growing
British construction grew at the slowest pace in seven months in May but economists said the outlook...
UK House Prices Reach Record High
House prices in the UK have broken through their previous peak and the average cost of a home is now...
EU Inflation Continues Downward all Eyes on ECB
Eurozone inflation fell to 0.5% in May, down from 0.7% in April and well below the European Central ...
GBP/USD – Pound Steady As Construction PMI Dips
GBP/USD is steady on Tuesday, as the pair trades in the mid-1.67 range late in the European sessio...
USD/CAD – US Dollar Firm After Positive Manufacturing Data
USD/CAD has posted modest gains on Tuesday, adding to gains it recorded on Monday. Late in the Eur...