Japan’s 2015 Budget at Record High $806.1 Billion
Japan’s general-account budget for fiscal 2015 is likely to reach a record high of around 96.9...
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BOJ Governor Reaffirms 2% Inflation Vow
Bank of Japan (BOJ) Gov. Haruhiko Kuroda said the central bank will maintain its target of ensuring ...
Gold Drops as USD Gains Upper Hand
Gold futures extended last year’s decline as the dollar climbed to the highest in more than five y...
Oil Lower After Russia and Iraq Showed Larger Outputs
Oil fell to the lowest since mid-2009 amid growing supply from Russia and Iraq and signs of manufact...
ECB President Sees Rising Deflation Hints QE
European Central Bank President Mario Draghi said he can’t exclude the risk of deflation in the eu...
UK Manufacturing Weakens but Consumer Spending Still Rising
Hopes that Britain’s economic recovery will become less reliant on big-spending consumers ebbe...
ECB Could Drive EUR Lower Next Week
The euro started 2015 with another downward lurch, hitting a 4-1/2 year low against the dollar on cl...
German Politician Warns ECB About Sovereign Bonds Purchase
A senior member of Angela Merkel’s party warned the European Central Bank not to pour money in...
Weaker Manufacturing Will Pressure Central Banks
The global economy ended 2014 in a fragile state as factories struggled to maintain growth across Eu...
Nikkei Expected to Keep Rising in 2015
Japan’s benchmark Nikkei 225 index is set to climb further in 2015, despite already rising mor...
Singapore Growth in Q4 Lower than Expected
Singapore’s economic growth disappointed in the fourth quarter, as manufacturing contracted an...
Russian Oil Output Rose in 2014
Russia’s 2014 oil output hit a post-Soviet record high average of 10.58 million barrels per da...
UK Manufacturing Growth Drops to Three Month Low in December
Growth in the UK’s manufacturing sector slowed at the end of 2014, raising further doubts about th...
UK Mortgage Approvals Fall in November
The number of mortgages approved for house purchases fell to a 17-month low in November, in a furthe...
European PMI Near Stagnant in December
Euro zone manufacturing remained subdued in December, according to data out on Friday, marking an en...
Chinese Manufacturing Shrinks in December
China’s manufacturing activity shrank for the first time in seven months in December, a privat...
Russian Inflation Hits 11.4%
Russia’s annual inflation for 2014 will hit about 11.4%, according to initial estimates, drive...
Australia Stocks Start Year Higher With Low Liquidity
Asian shares started the new year higher in thin trading, with many of the region’s markets cl...
GBP/USD – Pound Tumbles on Weak UK Manufacturing Data
The British pound has greeted the new year with sharp losses, as the pair trades in the low-1.54 ...
Gold Almost Unchanged After New Year’s Break
Gold is showing little movement on Friday, as the metal trades at a spot price of $1181.98 per ounc...