Oil Rises After Softer USD and Lower Inventories
Oil prices rose on Thursday as a weaker dollar made fuel cheaper for holders of other currencies, an...
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TPP Back on Track in the USD due to Bipartisan Support
President Barack Obama’s trade agenda appears to be back on track after an extraordinary bipar...
The Nikkei Dropped as Strong JPY and Greek Fears Grow
The Nikkei index ended below 20,000 for the first time in one month on Thursday as the yen strengthe...
China Housing Data Rises for First time in 12 Months
The price of new homes in China fell 5.7 percent year-on-year in May, the country’s National B...
JP Morgan Says Fed to Hike at a Faster Pace Next Year
The Federal Reserve could increase a key short-term interest rate to as much as 2 percent by the end...
Greek PM Says Single Focus on Pensions Could Worsen Crisis
The “blind insistence” on cutting Greek pensions will only worsen the country’s al...
Merkel says Deal Possible but Greece Has to Show Will
German Chancellor Angela Merkel said on Thursday a deal between Greece and its creditors was still p...
US Consumer Prices Rise in May
U.S. consumer prices in May recorded their largest increase in more than two years as gasoline price...
US Current Account Widens in Q1
The U.S. current account deficit widened in the first quarter to its highest level since 2012 likely...
FTSE Drops to Five Month Low as Eurogroup Meeting Underway
With Greece still firmly on the crisis list, leading shares are heading lower once more. The FTSE 10...
German Chancellor Says Greek has Broken Pledges despite Aid
Angela Merkel has delivered an unusually sharp rebuke to the Greek government, accusing it of failin...
IMF’s Lagarde Says Greek Will not Get a Grace Period
Christine Lagarde, the head of the International Monetary Fund (IMF), says on Thursday that Greece h...
ECB Increases Greece’s ELA Ceiling to 84 Billion to Address Liquidity Concerns
The European Central Bank raised the ceiling on Greece’s liquidity assistance from 83 billion ...
Greek PM Heads to Russia for Help
With Greece’s relations with its European counterparts at a low ebb, Greek Prime Minister Alex...
Russia Working on Grexit Scenario
The current euro zone crisis may look like a game of “Crazy Ivan,”* but the Russians are...
Russian Central Banker Says She Won’t Slash Rates Too Fast
Those expecting further swingeing interest rate cuts from Russia as the country’s inflation sl...
Euro Rises on Fed Language Despite Greek Crisis
The euro has climbed 4 percent against the dollar this month – a move that might be viewed as out ...
Fed Drops September Rate Hike
The Federal Reserve decided not to raise interest rates in June, but comments Wednesday suggests the...
The BBC Outlines 3 Options for Greece
There are differences over the borrowing targets for the government finances, how to meet them ̵...
UK Retail Sales Slow Down in May
UK retail sales rose by 0.2% in May, a slowdown from a rise of 0.9% in April, after shoppers bought ...