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NIESR forecasts BoE's base interest rate to remain unchanged
Tue, 10 May 2016 14:53:15 GMT
 
The UK's National Institute of Economic and Social Research revised down its growth forecast for the current year from 2.3% to 2.0%. In addition, the NIESR stated that the Bank >>
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Wholesale Inventories rise 0.1% in US
Tue, 10 May 2016 14:32:04 GMT
 
The Department of Commerce reported on Tuesday that Wholesale Inventories in the United States increased 0.1% month-over-month in March, in line with market expectations and surpassing the previous month's reading, >>
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UK trade gap narrows in March
Tue, 10 May 2016 13:44:15 GMT
 
According to the latest data, the UK trade deficit narrowed more-than-expected in the third month of the year. The country's trade gap shrank from February's revised 11.4 billion to 3.8 >>
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Positive outlook on session causes Wall Street futures to rise
Tue, 10 May 2016 11:23:04 GMT
 
US stock futures hiked on Tuesday, ahead of corporate earnings result and JOLTS job opening data releases. S&P 500 futures traded 0.6% higher at 2 066.5 points, anticipating markets to >>
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Aussie recovers from last week's lows
Tue, 10 May 2016 11:12:13 GMT
 
The Australian Dollar traded 0.4% higher against the US Dollar on Tuesday as result of surging commodity prices, erasing losses from the previous session. The Aussie experienced significant downward pressure >>
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Oil prices gain as stockpile data looms
Tue, 10 May 2016 11:01:05 GMT
 
Following volatility the day before, oil prices surged on Tuesday, awaiting the weekly data release on US inventories. The number for the week ending April 29 surprised analysts with a >>
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German industrial output takes a hit
Tue, 10 May 2016 10:50:04 GMT
 
The data release on German factories, mines and utilities showed a 1.3% drop in the seasonally adjusted monthly output, falling short of analyst expectations of a 0.2% decline. This puts >>
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Chinese inflation remains stable
Tue, 10 May 2016 08:26:24 GMT
 
The Chinese CPI proved its stability with a 2.3% year-on-year increase for the third consecutive month. The growth in consumer prices is fuelled by an increase in demand as well >>
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Kiwi drops 0.8% against Greenback
Mon, 09 May 2016 15:56:14 GMT
 
The recent disappointing Chinese trade data put pressure on the Aussie and Kiwi. The New Zealand Dollar traded 0.8% lower at $0.6780 against the US Dollar by 15:00 GMT on >>
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US stocks post gains by 14:30
Mon, 09 May 2016 15:45:18 GMT
 
The largest US stock markets traded slightly higher by 14:30 GMT. The Standard & Poor's 500 Index jumped around 0.2% to 2,060.30 points, whereas the Nasdaq Composite Index added almost >>
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US Labour Market Conditions Index improves to -0.9
Mon, 09 May 2016 15:34:17 GMT
 
According to the latest data released on Monday, the monthly Labour Market Conditions Index in the United States improved to a negative 0.9 reading in the fourth month of the >>
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UK's House Price Index drops in April
Mon, 09 May 2016 15:12:16 GMT
 
The Halifax House Price Index's growth rate in the United Kingdom decreased to 9.2% year-over-year in the fourth month of the year, following the 10.1% reading seen in the previous >>
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WTI and Brent post gains by 13:10 GMT
Thu, 05 May 2016 15:44:07 GMT
 
Despite a more-than-expected oil inventory rise reported on Wednesday, concerns over further potential oil supply disruptions from Canada and Libya pushed oil prices higher on Thursday. WTI increased around 4.7%, >>
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US stocks open higher on Thursday
Thu, 05 May 2016 15:22:15 GMT
 
US stock markets opened higher on Thursday as buying was triggered on the rise in oil prices. As the North American trading session started, the S$P 500 Index jumped around >>
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Initial Jobless Claims rise most since February 2015
Thu, 05 May 2016 15:11:15 GMT
 
Initial Jobless Claims in the United States increased more-than-expected in the week ending April 30. According to the Department of Labour, initial filings for unemployment aid rose 17,000 to 274,000, >>
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