Euro-Zone Consumer Confidence Little Changed in June

TODAY: Sept. 22, 2014 PUB DATE: June 20, 2014

By Ilona Billington

LONDON--Consumer confidence in the 18 countries that share the euro was little changed in June from May following news earlier in the month that the European Central Bank is increasing its support for the slowly recovering economy ...

Canada Retail Sales Increase 1.1% in April on Car Sales

TODAY: Sept. 22, 2014 PUB DATE: June 20, 2014

By Paul Vieira

OTTAWA--Canadian retail sales posted their biggest monthly increase in April in nearly a year, as demand for new cars rebounded after two tepid months, Statistics Canada said Friday.

Retail sales increased 1.1% to 41.62 billion ...

Kurds Reel as War Batters Weak Economy

TODAY: Sept. 22, 2014 PUB DATE: June 20, 2014

By Joe Parkinson

ERBIL, Iraq--In this ancient Kurdish city's sprawling bazaar, Sarbaz Gawhar is in a quandary over the impact of his government's recent territorial advances.

While the rapid incursions of Sunni jihadists have helped Kurdish forces cement ...

Oil Futures Post Weekly Gain on Iraq Turmoil

TODAY: Sept. 22, 2014 PUB DATE: June 20, 2014

By Nicole Friedman

NEW YORK--U.S. and global oil futures rose on the week amid heightened concerns about Iraqi production, though Brent, the international benchmark, slipped Friday from nine-month highs.

Light, sweet crude for July delivery settled up 83 cents ...

European Markets Cautious Amid Iraq Tensions

TODAY: Sept. 22, 2014 PUB DATE: June 20, 2014

Escalating tensions in Iraq remained the key focus of European markets Friday, luring investors to assets perceived to be safe--an urge that helped gold to its biggest daily gain in nine months in the previous session.

On Thursday, U.S ...

De Blasio, Council Reach Budget Deal

TODAY: Sept. 22, 2014 PUB DATE: June 20, 2014

By Michael Howard Saul

Mayor Bill de Blasio and the City Council finalized a budget deal that adds 200 police officers to New York City streets this summer but doesn't increase the force's overall headcount, a person familiar ...

Italy April Industrial Orders Climb on International Demand

TODAY: Sept. 22, 2014 PUB DATE: June 20, 2014

By Liam Moloney

ROME--Italian industrial orders shot up in April, its strongest level since the start of the year as demand from abroad rose at the fastest pace since 2009, stoking hopes of export-led growth in the euro-zone's third-largest ...

Russia's Economic Fundamentals Continue to Deteriorate

TODAY: Sept. 22, 2014 PUB DATE: June 20, 2014

By Andrey Ostroukh

MOSCOW-Russia's economic fundamentals continued to deteriorate in May as capital investment contracted again and retail sales expanded at a slower pace, data showed Friday.

Russia's economy is on track to post a 0.5% growth ...

Euro-Zone Current Account Surplus Widens in April

TODAY: Sept. 22, 2014 PUB DATE: June 20, 2014

FRANKFURT-The euro zone's current-account surplus increased in April on the heels of higher surpluses for goods and services, according to data published Friday from the European Central Bank.

The current-account balance, a broad measure of an economy's international ...

Euro-Zone Consumer Confidence Little Changed in June

TODAY: Sept. 22, 2014 PUB DATE: June 20, 2014

By Ilona Billington

LONDON--Consumer confidence in the 18 countries that share the euro was little changed in June from May following news earlier in the month that the European Central Bank is increasing its support for the slowly recovering economy ...

CURRENCIES: Dollar To Post Weekly Loss On Low-rates Prospect

TODAY: Sept. 22, 2014 PUB DATE: June 20, 2014

By Saumya Vaishampayan, MarketWatch

NEW YORK (MarketWatch) -- The dollar rebounded Friday, but was on track to post weekly losses against most major rivals after the Fed signaled this week it was likely to keep interest rates low for a while ...

Dollar Down Slightly Against Yen In Directionless Trade

TODAY: Sept. 22, 2014 PUB DATE: June 20, 2014

By Hiroyuki Kachi

The dollar was slightly lower against the yen in Asia trading Friday, with no clear drivers to set direction.

As of 0450 GMT, the dollar was at Y101.85, compared with Y101.94 late Thursday in New ...

Asian Shares Little Moved in Early Trade

TODAY: Sept. 22, 2014 PUB DATE: June 20, 2014

Stocks were little changed in Japan and Australian early Friday, as both markets stabilized after sharp gains in the previous session.

The Nikkei edged up less than 0.1% and Australia's S&P ASX 200 fell 0.2% after ...

Canadian Inflation Accelerates, Paced by Energy and Meat

TODAY: Sept. 22, 2014 PUB DATE: June 20, 2014

By Paul Vieira

OTTAWA--Canada's annual rate of inflation rose in May at its fastest pace in over two years and exceeded the Bank of Canada's closely watched 2% target, powered by increases in energy and meat costs.

The ...