EghtesadOnline: Euro zone’s trade surplus shrank in August as the stronger euro fueled an import boom that was only partly offset by a rise in exports, official estimates released on Monday showed.
EghtesadOnline: World stocks and commodities rose on Monday, boosted by upbeat Chinese data, while U.S. oil futures jumped to a near six-month high as an escalation in fighting between the Iraqi government and Kurdish forces threatened supply.
EghtesadOnline: Stocks in Europe nudged higher, led by miners, as gains in oil and copper drove Bloomberg’s gauge of commodity prices to a six-month high. The euro weakened and Spanish shares fell after Spain’s government gave Catalonia a new deadline to back down from its independence claim.
EghtesadOnline: When euro-area finance ministers gather in Luxembourg on Monday, they’ll begin saying farewell to two of the main protagonists from the bloc’s biggest existential drama, Germany’s Wolfgang Schaeuble and Jeroen Dijsselbloem of the Netherlands.
EghtesadOnline: The dollar extended gains after Federal Reserve Chair Janet Yellen boosted expectations for an interest-rate rise in December and ahead of the U.S. president laying out his tax-reform plan. U.S. and European equity futures climbed, while most Asian stocks declined.
EghtesadOnline: Politics dominated trading on Monday, with the euro sliding as Germany’s election result foreshadowed potentially complex political-coalition building. Gold fell as West Texas crude retreated.
EghtesadOnline: U.S. stocks slid as investors weighed the impact of the Republican tax proposal that would dramatically cut levies on corporations and the wealthy. Politics dominated trading in Europe, with the euro sliding after the German election, giving European stocks a boost.
EghtesadOnline: The dollar was on tenterhooks, trading sideways against major rivals on Wednesday as investors awaited the outcome of the Federal Reserve’s meeting at which it was expected to announce plans to trim its $4.2 trillion in bond holdings.
EghtesadOnline: China’s riskiest borrowers are ramping up sales of short-term dollar debt again, reigniting speculation the authorities will clamp down on what has become a way to raise cash under the radar.
EghtesadOnline: Stocks fluctuated near peaks and the dollar held above its recent lows with a highly anticipated Federal Reserve policy decision pending, and as investors girded for another round of geopolitical tensions after U.S. President Donald Trump threatened to annihilate North Korea.