IMF Warns Over Greece Impact on Germany
IMF staff warned that uncertainty about a new bailout for Greece may undermine confidence in Germany...
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Negotiations Have Been Tense with EZ Finance Ministers
The lowest moment in more than five months of Greek crisis talks for Dutch finance chief Jeroen Dijs...
Oil Mixed on Different Fortunes
Front-month Brent crude prices rose on Thursday after a power outage shut production at Britain̵...
U.S. Dollar Near Two Month Highs after Fed
The dollar held at two-month highs against a basket of major currencies early on Friday, having exte...
Europe Moves to Restore Greece Funding
Europe moved to re-open funding to Greece’s stricken economy on Thursday after the parliament ...
Asian Equities Looking to Finish Week Higher
Asian shares opened higher on Friday, aided by a higher Wall Street and eased tensions over Greece, ...
West TX Oil Below $51 after U.K. Oilfield Outage
Oil prices diverged Thursday, with Brent rising after a power outage closed the UK’s largest o...
Gold Remains Below $1145 on Fed Plans
Gold fell to an eight-month low on Thursday after the U.S. Federal Reserve’s reiteration that ...
Asian Equities Open Higher after U.S. Lead
Asian stocks opened higher on Friday, tracking a positive lead from Wall Street overnight. However...
ECB Raises Emergency Funds
The European Central Bank (ECB) has hiked its emergency lending to Greek banks, raising hopes that l...
Fed Helps U.S. Dollar to Six Week High
The dollar hit a six-week high against other major currencies on Thursday, a day after hawkish comme...
Greece Deal Only Prolonging the Situation
Despite the new rescue package, there’s still a strong risk that Greece will eventually have t...
BOJ Warns About The Effect of China’s Slowdown in Japan
China’s economic slowdown is likely to affect Japan’s economy, prompting the Bank of Jap...
Oil Rises as US Inventories Fall and UK Suffer Outage
Oil prices rose on Thursday after a power outage closed the UK’s largest oilfield and followin...
Gold Drops as Fed Rate Hike Gets Support
Gold fell to an eight-month low on Thursday after the U.S. Federal Reserve’s reiteration that ...
US Senator Criticizes Fed Asks for Higher Rates
Republican Sen. Pat Toomey said Thursday it’s “unbelievable” that interest rates r...
Grexit Scenario Delayed not Avoided According to El-erian
Despite the new rescue package, there’s still a strong risk that Greece will eventually have t...
ADB Cuts Asia Growth Forecast for 2015 and 2016
The Asian Development Bank (ADB) has cut its 2015 and 2016 growth forecasts for China and the rest o...
US Jobless Claims Fall Signalling Solid Labor Market
The number of Americans filing new applications for unemployment benefits fell more than expected la...
UK Mortgage Lending at 7 Year High
Gross mortgage lending leapt by 29% in June to its highest level in seven years, as uncertainties ov...