Markets

  • Countdown: Brits facing an uncertain future without the EU
    Brits_are_facing_an_uncertain_future_without_the_eu 2017-03-12 22:43:33 UTC
    By William James | LONDON — Britain is drawing up contingency plans for the unlikely event it has to walk away from divorce talks with the European Union without a deal, Brexit minister David Davis said on Sunday. Prime Minister Theresa May...
  • White House breaks from federal guidance with hasty tweets
    White_house_breaks_from_federal_guidance_with_hasty_tweets 2017-03-10 20:47:33 UTC
    A series of tweets by White House spokesman Sean Spicer on Friday commenting on strong February job creation figures may have run afoul of federal guidance barring most officials from commenting on key economic data within an hour of its release. ...
  • Euro jumps to three- week high against the dollar
    Euro_jumps_to_three-_week_high_against_the_dollar 2017-03-10 19:44:15 UTC
    The euro jumped to a three-week high against the dollar on Friday after a report that the European Central Bank had discussed the possibility of raising interest rates before the end of its quantitative easing program. Sources told Reuters some...
  • Oil fell, U.S. crude prices fell through the $50/barrel
    Oil 2017-03-09 21:04:48 UTC
    By Devika Krishna Kumar | NEW YORK — Oil fell about 2 percent on Thursday, extending the previous session's slump to prices not seen since an OPEC-led pact to cut production was agreed, as record U.S. crude inventories fed doubts about the eff...
  • Lightspeed is set to make its public market debut
    Lightspeed_is_set_to_make_its_public_market_debut_ 2017-03-01 20:09:45 UTC
    By Heather Somerville | SAN FRANCISCO — Lightspeed Venture Partners was launched in 1999 by four partners who were experts in enterprise software and early internet companies, making only the occasional investment into consumer technology comp...
  • Ahead of Brexit, all eyes on Frankfurt
    Ahead_of_brexit__all_eyes_on_frankfurt 2017-03-01 09:45:36 UTC
    By Huw Jones | LONDON — The European Union could be left with no exchange big enough to compete with U.S. rivals and no trading link into Britain if it allows the London Stock Exchange (LSE.L) and Deutsche Boerse (DB1Gn.DE) merger to die. A...
  • Trump effect: U.S. inflation expectations at highest level since 2015
    Shopper-in-mall 2017-02-13 23:16:46 UTC
    A measure of U.S. inflation expectations rose for a second straight month in January to its highest level since mid-2015, according to a Federal Reserve Bank of New York survey released on Monday that reinforced the view that interest rates would ...
  • U.S. economic growth slowed sharply in the fourth quarter
    U.s._economic_growth_slowed_sharply_in_the_fourth_quarter 2017-01-29 19:08:40 UTC
    U.S. President Donald Trump vowed during last year's election campaign to deliver 4 percent annual GDP growth, largely on the back of a plan to cut taxes, reduce regulations and increase infrastructure spending. Now the U.S. economic growth slo...
  • Australian PM: There is potential for China to join the TPP
    Australian_pm-_there_is_potential_for_china_to_join_the_tpp 2017-01-24 05:53:33 UTC
    By Charlotte Greenfield and Stanley White | WELLINGTON/TOKYO Australia and New Zealand said on Tuesday they hope to salvage the Trans-Pacific Partnership (TPP) by encouraging China and other Asian nations to join the trade pact after U.S. Preside...
  • The danger of Trump's economic policies
    The_danger_of_trump's_economic_policies 2017-01-18 04:07:30 UTC
    Protectionism has a certain appeal in every age and every nation, because of what we might call a piece of faulty wiring in the human brain. Our instincts were evolved on the savannahs of Pleistocene Africa. We have an ingrained tendency to ...
  • UK has no chance for full access to the EU after Brexit
    Uk_has_no_chance_for_full_access_to_the_eu_after_brexit 2017-01-12 00:52:19 UTC
    By Andrew MacAskill and Huw Jones | LONDON (Reuters) Britain's finance industry has given up on efforts to keep full access to the European Union after Brexit and is pushing instead for a more limited trade deal that would potentially exclude som...
  • Asia stocks shaky as FBI review of Clinton emails rattles markets
    Stock 2016-10-31 07:18:13 UTC
    SINGAPORE (Reuters) - Most Asian stocks struggled higher on Monday but investors were rattled by news that the FBI is planning to review more emails related to Democratic presidential candidate Hillary Clinton's private server, just a week before ...
  • Bank of England records no dissent over lowering bank capital buffer after Brexit vote
    Bank_of_england 2016-07-12 08:50:19 UTC
    No Bank of England policymakers objected to a decision to cut banks' capital requirements at a meeting in the wake of Britain's vote to leave the European Union, a record of their meeting showed on Tuesday. Last week the BoE's Financial Policy ...
  • EU: Populism is a 'dangerous' trend in Europe and U.S.
    European_trade_commissioner_cecilia_malmstrom 2016-07-11 07:36:37 UTC
    Beijing — European Union Trade Commissioner Cecilia Malmstrom said the debate in the United States was personified by Republican presidential hopeful Donald Trump and included criticism of globalization and trade. She said on Monday in Beijin t...
  • BREAKING NEWS: U.S. economy adds a greater-than-expected 287,000 jobs in June
    Job 2016-07-08 12:44:50 UTC
    BREAKING NEWS: U.S. economy adds a greater-than-expected 287,000 jobs in June; Dow Jones futures up nearly 100 points
  • Oil prices rise on Norway strike threat; Brexit shock fades
    Oil_prices_fall_on_strong_dollar__firm_global_supply 2016-06-29 05:20:03 UTC
    Oil rose on Wednesday as financial traders poured money back into commodities following the initial shock of Britain's vote to leave the European Union, and as a potential strike in Norway and crisis in Venezuela threatened to cut supply. Brent...
  • Iraqi army makes new push to retake city of Fallujah from ISIS
    Iraqi_army_makes_new_push_to_retake_city_of_fallujah_from_isis 2016-05-28 07:09:30 UTC
    <h1>ISIS commander in Falluja killed, U.S. military says</h1> U.S.-led coalition strikes supporting Iraqi forces in the recapture of Falluja have killed 70 Islamic State militants including the group's commander in the city, a U.S military spok...
  • Worst performers in Dow Jones Industrials
    Wall_street_moved_deep_into_the_red 2016-01-20 18:37:40 UTC
    Wall Street moved deep into the red on Wednesday, with the S&P 500 hitting its lowest since February 2014 and extending this year's selloff as oil prices continued to plummet unabated. The rout was across the board: all 30 Dow components and al...
  • Dow Sinks Over 450 Points in Global Selloff, Crude Falls Below $30
    -1x-1 2016-01-15 20:08:36 UTC
    U.S. stock indexes notched deep losses in volatile trading on Friday, with the S&P 500 hitting its lowest since October 2014 and the Dow losing more than 500 points, as oil prices dived below $30 per barrel. All 10 major S&P sectors were in the...
  • CHINA CLOSES STOCK MARKET AFTER 15 MINUTES OF TRADE
    Untitled 2016-01-07 14:00:46 UTC
    China accelerated the depreciation of the yuan on Thursday, sending regional currencies and stock markets tumbling as investors feared the Asian giant could trigger competitive currency devaluations from trading partners. China's stock markets ...
  • Oil prices down again on fresh supply build worry, dollar spike
    Oil_prices_fall_on_strong_dollar__firm_global_supply 2015-12-17 16:52:28 UTC
    Oil prices fell as much as 2 percent on Thursday, with Brent trading not far from 11-year lows, as data showing fresh supply builds at the delivery point for U.S. crude futures added to worries about a global glut. Market intelligence firm Gens...
  • Oil prices fell - Weaker U.S. manufacturing data
    Oil-pump-jacks 2015-09-02 09:57:37 UTC
    Oil prices fell 2 percent in Asian trade on Wednesday, as a stronger-than-expected build in U.S. crude oil stocks and weaker U.S. manufacturing data fueled a rout in prices that started in the previous session. Brent and U.S. crude finished aro...
  • Oil prices tumble as Iran and world powers reach nuclear deal
    Oil-pump-jacks 2015-07-14 08:36:17 UTC
    Oil prices tumbled more than $1 on Tuesday after Iran and six global powers reached a landmark nuclear deal that would see an easing of sanctions against Tehran and a gradual increase in its oil exports. Iran and the six powers have reached a d...
  • Bund yield hits 1 percent as stock markets halt sell-off
    Joseph_stiglitz 2015-06-10 16:24:45 UTC
    German bond yields hit 1 percent for the first time since September on Wednesday as long-term inflation expectations rose, luring investors back into equities despite lingering jitters over the size of recent market swings. <p>Traders pointed t...
  • Oil markets spike on Iraq concerns
    11031058-large 2014-06-15 18:18:54 UTC
    The price of Brent crude spiked on Friday over concerns about the ongoing insurgency in Iraq. Oil prices settled down, but at $4 per barrel higher than at the beginning of the week. Reassurances about the flow of oil supplies went some way t...