IMF’s Lagarde Wants Germany to Play Bigger Role
International Monetary Fund (IMF) chief Christine Lagarde wanted Germany to play a bigger role in pr...
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Peru in Line to Be Second Biggest Copper Producer
Benefiting from a USD 20 billion Chinese mining project, Peru will be the world second largest coppe...
US Durable Goods Rise by 22% in July
The U.S. economy built more momentum in July, as the as the Department of Commerce reported an incre...
Large Inventories Continue to put Pressure on Oil Prices
West Texas Intermediate traded near the lowest closing price in seven months after speculators cut b...
Gold Rises After Low Prices Spur Demand
Gold rose the most in almost three weeks in New York on speculation prices near a two-month low will...
Nikkei Drops on Profit Taking
Stocks retreated on the Tokyo Stock Exchange Tuesday, hurt by profit-taking amid a sense of caution ...
Russia Admits Soldiers Captured in Ukraine
Sources in Moscow have admitted that men captured inside Ukraine are indeed serving Russian soldiers...
Japan Government Flags Post Sales Tax Hike Risk
Japan’s government turned slightly more cautious about factory output and flagged a risk that ...
BOJ Likely to Cut Growth Forecast But Remain Bullish on Inflation
The Bank of Japan is likely to keep its bullish inflation outlook even as it cuts its economic growt...
ECB Expectations Drive EUR and Bonds Down
The euro hit its lowest level against the dollar in nearly a year and euro zone government bond yiel...
UK Mortgages Dip But Prices Rise
The number of mortgages approved by high street banks for house purchases dropped slightly in July, ...
UK House Prices Will End 9.5% Higher This Year
UK house prices will end the year 9.5% higher than they started it, but the strength of increases th...
French PM to Name New Cabinet Today
Arnaud Montebourg was forced to step down as France’s economy minister on Monday after openly crit...
Scotland’s Pro-Independece Wins TV Debate
Scotland’s pro-independence leader Alex Salmond won a final TV debate on Monday just over thre...
Ukrainian PM Dissolves Parliament Elections Set for October
President Petro Poroshenko dissolved Ukraine’s parliament on Monday and announced an election ...
Russia Cuts Growth and Inflation Forecasts
Russia’s Economy Ministry has raised its 2014 inflation forecast to 7-7.5 percent from 6 perce...
UK Service Sector Growth Slows in Q2
Service sector business growth slowed in the three months to August, according to a survey from busi...
South Africa Avoid Recession
South Africa has avoided falling into recession after second-quarter GDP figures showed the economy ...
USD/JPY – Stable as Durable Goods Sets Record
USD/JPY continues to trade at high levels on Tuesday, with the pair trading just below the 104 line....
Gold Rises as Markets Eye Durable Goods, Ukraine Crisis
Gold has risen on Tuesday, as the spot price stands at $1286.54 per ounce in the European session....