Market News


China’s economy to pick up in second half: central bank economists

Wed Jun 10, 2015 7:52am EDT
Economists at China’s central bank have sharply lowered their inflation forecast for 2015, while predicting a pick up the world’s second-biggest economy during the next six months thanks to more stable home prices and firmer foreign demand. More

U.S. job openings hit record high; small businesses upbeat

Tue Jun 9, 2015 1:18pm EDT
U.S. job openings surged to a record high in April and small business confidence perked up in May, suggesting the economy was regaining speed after stumbling at the start of the year. More

Russia may cut rates by 100 bps as ruble fall hems central bank in

Tue Jun 9, 2015 10:48am EDT
Russia’s central bank is expected to cut its main lending rate by 100 basis points next week as inflation drops and an economic downturn worsens, but a recent plunge in the ruble means the bank may refrain from a sharper rate reduction. More

China’s soft May inflation increases calls for fiscal stimulus

Tue Jun 9, 2015 1:38am EDT
China’s consumer inflation eased while producer prices stayed stubbornly in deflation in May, bolstering the case for fiscal stimulus as the world’s second-largest economy shrugs off monetary easing. More

Oil falls as China cuts crude imports; OPEC decision weighs

Mon Jun 8, 2015 3:09pm EDT
Oil fell by 1 percent or more on Monday on a slump in Chinese demand and worries that OPEC’s decision to pump crude without restraint could prolong the current supply glut, although a weaker dollar limited losses. More

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