Market News


U.S. job gains seen solid in August, spotlight on Fed

Fri Sep 4, 2015 1:25am EDT
The U.S. economy likely added jobs at a steady pace in August and the unemployment rate probably fell to a near 7-1/2-year low of 5.2 percent, which could allow a cautious Federal Reserve to consider a September interest rate hike.

Global stocks enjoy relief rally ahead of ECB, but investors wary

Thu Sep 3, 2015 4:24am EDT
World stocks rose on Thursday, lifted by the strong rally on Wall Street the previous day, but investors were cautious ahead of a potentially critical 24 hours that will include a European Central Bank policy meeting and the latest U.S. jobs data.

ECB to cut inflation forecast but keep powder dry

Thu Sep 3, 2015 4:17am EDT
The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying program if prospects weaken further.

China’s yuan slips on pre-holiday dollar demand despite intervention

Wed Sep 2, 2015 5:09am EDT
China’s yuan weakened slightly on Wednesday as dollar demand ahead of public holidays the following two days offset a stronger official midpoint and state-bank dollar sales on behalf of the central bank, traders said.

Oil prices extend losses on U.S. oil inventory, manufacturing data

Wed Sep 2, 2015 4:37am EDT
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.

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