UK Construction Output Dips in July as House-Building Falls
British construction output unexpectedly dipped in July on the month, reversing a bounce seen in Jun...
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Deep Divide Over Fed Move Next Week
A week before the Federal Reserve’s most critical policy decision in years, Wall Street opinion ma...
Pound Strength To Hurt Rugby Fans
The turmoil in global currency markets is throwing up anomalies ahead of the Rugby World Cup that st...
IEA: Oil Supply To Drop Next Year
Oil supplies outside OPEC will decline next year by the most in more than two decades as the price r...
Oil Drops as Saudi Arabia Says It Won’t Back OPEC Meeting
Oil prices slumped Friday and eyed a sizable drop for the week, pressured by news that Saudi Arabia ...
Why Can’t the Euro Zone Tackle Unemployment?
The Eurogroup of euro zone finance ministers are gathering for yet another summer meeting this weeke...
Non-OPEC Supply Set for Big Fall: IEA
Oil supply from countries outside the Organization of the Petroleum Exporting Countries is likely to...
Caution Seen Overnight But Data Still Key
This week looks set to end on a slightly positive note with European futures pointing to a moderatel...
Larry Summers Says Rate Hike Not a Risk Worth Taking
Data on the three areas the Federal Reserve cares about most—inflation, employment and financial s...
GBPUSD – Big Technical Resistance Being Tested
Cable is rallying again on Thursday on the back of minutes from the Bank of England that have been p...
Iran Reduce Oil Price to Grab Asian Market Share
Iran has reduced the quarterly price for its flagship crude to the lowest in three years in a bid to...
Saudi Arabia Seen to Cutting Oil Production Slightly
Saudi Arabia’s crude oil production fell slightly by 100,000 barrels per day (bpd) in August, ...
Gold Stable After China Inflation and Strong US Employment
Gold prices are moderately higher in early U.S. trading Thursday. Short covering in the futures mark...
BOJ Kuroda Says Low Oil Price Could Prevent Japan from Reaching 2% Inflation
Bank of Japan Governor Haruhiko Kuroda acknowledged that recent data has painted a patchy picture of...
Central Banks All Eyeing China Inflation
Sliding Chinese stock prices and currency have rattled global markets and prompted a flurry of polic...
Oil Rises Slightly Ahead of Inventory Data
Oil prices rose on Thursday ahead of weekly U.S. stocks data, despite fresh signs of an economic slo...
US Unemployment Claims Fell to 275,000
The U.S. labor market appeared to gain momentum in early September as fewer Americans filed for week...
Australian Unemployment Falls in August to 6.2%
Australia’s unemployment rate fell to 6.2% in August despite disappointing economic growth and tur...
UK House Prices Rise 2.7% in August
House prices shot up by 2.7% in August, according to the Halifax, the highest monthly rise since May...
Ireland Expected to Grow 6% This Year
Ireland’s government expects the economy to grow by about 6% this year, far more than originally f...