EghtesadOnline: The dollar hoarded hefty gains on Wednesday after strong U.S. retail data put a Federal Reserve rate hike back on the agenda, while Asia stocks inched ahead as tensions in the Korean peninsula simmered down a little.
EghtesadOnline: China reclaimed its position as the top foreign owner of U.S. Treasuries after increasing its holdings for the fifth straight month.
EghtesadOnline: The U.K. inflation rate held steady in July, falling short of forecasts because of lower oil prices and the fading effects of the pound’s drop after the Brexit vote a year ago.
EghtesadOnline: Traditional haven assets including gold and the yen slumped and core bonds across Europe declined with Treasuries as the prospect of war between the U.S. and North Korea receded. The dollar extended its advance as European stocks struggled for traction following Monday’s strong gains.
EghtesadOnline: China's strong economic growth showed visible signs of fading in July as lending costs rose and the gravity-defying property market cooled, though activity levels generally remained solid, propped up by a year-long construction spree.
EghtesadOnline: Four Arab countries that imposed sanctions on Qatar have told the United States that U.S. companies doing business with them would not be punished for also working with Doha, four sources with knowledge of the matter said.
EghtesadOnline: When France elected Emmanuel Macron in May, the prospects of mending the euro’s inherent flaws suddenly brightened. Adopted in 1999, the common European currency was intended as a political project to foster unity, but the crisis in Greece a decade later exposed the euro’s inability to enforce shared rules, principally on government debt and spending.
EghtesadOnline: President Donald Trump may be finding out that taking on China over trade is harder than it looks.
EghtesadOnline: U.S. consumer prices rose slightly in July as higher food costs were partly offset by falling prices for a range of other goods, suggesting benign inflation that could persuade a cautious Federal Reserve to delay raising interest rates until December.
EghtesadOnline: China’s much-vaunted campaign to tackle its leverage problem has captured headlines this year. But to understand why they’re taking on the challenge -- and the threat it could pose to the world’s second-largest economy -- you need to dig into the mountain.