Poll Shows Nikkei Could Rise 11 Percent if Abenomics Works
Japan’s Nikkei stock index will gain about 11 percent by year end as stronger-than-expected do...
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US Consumer Spending Lower than Expected
U.S. consumer spending rose less than expected in May, likely held back by weak healthcare spending,...
US Jobless Claims Fall Slightly This Week
The number of Americans filing new claims for unemployment benefits fell marginally last week, but c...
Iraq Rebels Take Town an Hour From Baghdad
Militants took a town an hour from Baghdad that is home to four natural gas fields on Thursday, anot...
Chinese Economic Influence Grows in the Middle East
The growing bloodshed in Iraq and Syria is being watched as keenly in China as anywhere else in the ...
Brazil Situation Highlights Emerging Market Dilemma
“Brazil has gotten it wrong since the beginning of the Dilma cycle,” he said about the c...
Fed’s Bullard Says US Economy Close to Normal
The U.S. jobless rate will fall below 6 percent and inflation looks likely to rise back to 2 percent...
Bank of England To Limit Large Mortgages
The Bank of England signalled on Thursday that it would not impose draconian measures to cool the ho...
Kenya’s First Eurobond Raises $2 Billion
Kenya’s first effort to raise capital from European and American investors is being seen as a ...
US Slowly Opens Oil Exports
Companies in the automotive industry and engineering sector said they cannot afford the union’...
South Africa Could Be Facing New Metal Strike
The National Union of Metalworkers of South Africa (NUMSA) has said its members will down tools on 1...
GBP/USD: Pound Improves After Carney Remarks
GBP/USD gained ground and pushed above the 1.70 level on Thursday, posting gains after the BOE annou...
USD/CAD: Almost Unchanged as US Unemployment Claims Steady
USD/CAD has edged lower on Thursday, as the pair trades just above the 1.07 line early in the North ...
AUD/USD: Steady as US Unemployment Claims Meet Expectations
The Australian dollar has edged higher on Thursday, as the pair trades slightly above the 0.94 line...
USD/JPY: Yen Firm Ahead of Key Japanese Data
USD/JPY has edged lower on Thursday, as the pair trades at the high-101 range late in the European s...
Gold Prices Steady as Markets Eye Unemployment Claims
Gold has edged lower on Thursday, with the spot price at $1308.34 per ounce late in the European ses...
EUR/USD: Dollar Shrugs Off Dismal US GDP
EUR/USD is steady on Thursday, as the pair trades in the low-1.36 range in the European session. I...
Asian Equities Higher with Eyes on U.S. Recovery
Asian stocks rose, with the regional benchmark index headed for its biggest gain this week, amid opt...
Surge in Foreign Loans to Australian Companies
Bank of China Ltd. and Sumitomo Mitsui Banking Corp. are leading a surge in loans to Australian comp...
Oil Strategy May Be Hard to Execute
Oil producers considering swapping U.S. light crude abroad for the heavier imported oil needed by re...