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US Housing Starts, Building Permits Disappoint in March
US housing activity remained subdued in March, as the impact of seasonal weather continued to weigh on housing starts, while building permits declined more than forecast. Housing starts in March rose...
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Bank of England Unanimous in Holding Interest Rates
The Bank of England’s rate setting body was unanimous in holding interest rates at record lows in April, although showed more optimism about the path of recovery in Britain and the neighbouring...
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US Industrial Production Declines More than Forecast in March
US industrial production declined at the fastest rate in two-and-a-half years in March, raising fresh concerns about the economic recovery at the end of the first quarter. Industrial production – a...
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German Investor Confidence Drops in April: ZEW
German investor confidence declined unexpectedly in April, falling for the first time since October amid a tepid outlook on the global economy. The ZEW economic sentiment index – a measure of...
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UK GDP Growth Slows More than Forecast
The UK economy slowed more than forecast in the first quarter, growing at its weakest rate since 2012, in what could be a minor blow to the incumbent Tory party ahead of the May 7 general election. UK...
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US Durable Goods Orders Jump in March, but Investment Falls
US durable goods orders rose more than forecast last month, but investment fell for a seventh straight month, a sign businesses were still concerned about the economic outlook. Durable goods orders...
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US GDP Growth Slows More than Forecast in Q1
The US economy slowed more than forecast at the start of the year, as a strong dollar hurt exports and corporate earnings, while personal spending also waned. US GDP expanded 0.2% annually in the...
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US Jobless Claims Reach New 15-Year Low
US jobless claims fell last week to the lowest level in 15 years, a sign the labour market was firming after hitting a soft patch in March. Jobless claims, or the number of Americans filling for...
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US Job Growth Slows in April: ADP
US job growth slowed unexpectedly in April, as a sluggish economy and uneven global demand weighed on hiring plans for a second consecutive month. Private sector employment in the United States...
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Greece Won’t Cross “Red Lines” in Bailout Negotiations
The Greek government will not renege on its campaign promises to voters in its negotiations with creditors, a government spokesperson said on Thursday, raising the likelihood of a cash crunch just...
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BOE Keeps Monetary Policy Unchanged
The Bank of England held monetary policy steady in April, as policymakers continued to monitor the path of inflation just days after the Conservative government secured a majority in the House of...
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Greece Taps into Reserves to Repay IMF
Greece relied on emergency reserves to make a debt interest payment to the International Monetary Fund, a sign the far-left government of Alexis Tsipras has all but run out of funds less than two...
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US Nonfarm Payrolls Rebound in April
US nonfarm payrolls rebounded sharply in April, offering convincing evidence the labour market was on solid footing following an abrupt hiring slowdown in March. Nonfarm payrolls increased by 223,000...
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Greece Debt Talks Continue in Brussels
Talks between Greece and its creditors resumed in Brussels on Thursday, with both sides still far apart on an agreement needed to keep Athens in the euro area. Negotiators on both sides failed to...
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US Retail Sales Unchanged in April
US retail sales stalled unexpectedly last month, a sign headwinds continued to soften the economic recovery at the start of the second quarter. Retail sales were virtually unchanged in April following...
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Will Intel Get A Boost From Apple?
Intel stock TradersDNA Will Intel Stock Get A Boost From Apple iPhone business? Intel, like many other stocks in the United States has had a rough time throughout the first half of 2015. However, some...
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US Dollar Plunges as Global Markets Retreat
The US dollar plunged to nearly two-month lows on Friday, as global stock markets continued to retreat after disappointing Chinese PMI data heightened worries about the global economy. The dollar...
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Markets Tumble as on Weak China PMI
Global stock markets declined on Tuesday, while oil prices snapped a three-day rally after data showed manufacturing activity in China contracted at the fastest rate in three years. The Asia Pacific...
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Global Markets Waver ahead of Federal Reserve Meetings
Asian and European markets declined Friday, while commodities also tumbled, as US interest rate speculation fueled an unstable trading environment ahead of next week’s Federal Reserve policy meetings....
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World Markets Slide on Disappointing China Data
Global stock markets declined Monday, while energy prices also fell after weak Chinese industrial production and investment data underscored Beijing’s challenge in reaching its 2015 growth target of...
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