When Will the Oil Supply Glut End?
Energy prices stayed near multi-month lows early Monday as worries over a glut of supply in the comm...
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Gold Unchanged Eyeing Fed Decision
Gold prices are trading not far from unchanged levels in early U.S. dealings Monday. The yellow meta...
USD Index Hits Four Month High
The dollar stayed close to a nearly four-month high against a basket of currencies on Monday on Fed ...
Japan Post Largest Account Surplus Since 2010
Japan posted a current account surplus of 8,183.5 billion yen in the January to June period, the lar...
Oil Price Drop Darkens Industry Outlook
The U.S. energy industry was licking its wounds when oil recovered to the $60 level in April. Now, w...
OPEC has no Plans for Emergency Meeting
OPEC oil exporters have no plans for an emergency meeting to discuss the drop in oil prices before a...
Greek Debt Deal on Final Stretch
Greece and international creditors sought to put final touches to a multi-billion euro bailout accor...
Fed’s Fisher Says Inflation Very Low
U.S. inflation is only temporarily “very low” due in part to commodity prices, while the...
Russian Paradox Oil Rich but Gasoline Poor
Russia has lots of oil, but in a weird twist of fate, the nation could soon run dangerously low on g...
China Low Inflation to Pressure Central Bank
China’s consumer inflation rate hit its highest level this year in July, but is still well bel...
Scottish Economy Enjoys Summer of Success
Scotland’s economy is thriving despite global economic unrest, according to a business survey....
Chinese Shares Surge Despited Negative Data
Shares in mainland China jumped on Monday despite the world’s second largest economy reporting...
Fed Comments Eyed After Decent Jobs Report
A mixed start to the European session on Monday is offering little direction for the U.S. ahead of t...
Commodity Rout Goes on, Greece Eyes Bailout Deal
It’s shaping up to be a quieter week on the economic data front, although there are a few key rele...
Week Ahead in FX: Retail Sales Next Hurdle for September Rate Hike
Strong US Retail Sales Needed to Validate the Fed’s September Rate Hike The non farm payrolls ...
BOE Deputy Says it Would be Foolish to Announce Rate Hike Date
The Bank of England’s deputy governor for monetary policy has told the BBC it would be “...
Greek Banks Lose Half of Their Value as Stock Market Reopens
The Greek stock exchange opened after a five-week hiatus on Monday and, as expected, the results wer...
Lower Oil Pushes Saudis to Issue Debt
The oil kingdom is facing a big hole in its budget, caused by the slump in oil prices and a sharp ri...
EU Officials to Compare Notes on Greece Today
Senior EU officials will confer by telephone late on Friday on progress in negotiations between Gree...
German Finance Ministry Backs Bridge Loan for Greece
Germany’s Finance Ministry favors a bridge loan for Greece to give Athens and its creditors su...