Ruble Plumbs New Depth as Ukraine Tensions Rise

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By Andrey Ostroukh MOSCOW--The Russian ruble hit its all-time low on Friday as geopolitical conflict in eastern Ukraine intensified with the alleged participation of Russian troops. Kiev said that Russian troops entered eastern regions of Ukraine in supporting of pro-Russian ...

European Markets Gain But Investors Remain Cautious

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

Investors adopted a cautious tone in early trade Friday, ahead of European inflation figures and after German retail data once again underscored the fragility of the continent's economic recovery. Rebounding tentatively from a drop a day earlier triggered by a ...

UK Consumer Confidence Builds as Economy Grows - GfK

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By Jon Sindreu LONDON--Consumer confidence edged up in the U.K. in August, driven by the fast improvement of the economy during the last year, research firm GfK said Friday. GfK's consumer confidence index increased to +1 in August from -2 ...

U.S. Consumer Spending Falls

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

WASHINGTON--Household spending fell in July, a sign that cautious consumers could hold back economic growth in the second half of the year. Personal spending, which measures what Americans pay for everything from sneakers to doctor visits, declined a seasonally adjusted ...

Canada's Economy Grows More than Expected in Second Quarter - Update

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By Nirmala Menon OTTAWA--Canada's economy accelerated at the fastest pace in nearly three years in the second quarter, driven by exports, consumer spending and business investment in housing. Gross domestic product rose at an annualized rate of 3.1% in the ...

Oil Rises on Ukraine Violence

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By Cassie Werber LONDON--Oil prices headed higher on Friday, supported by rising tension in Ukraine. Ukraine on Thursday accused Russia of invading its territory, sending Russian troops to fight alongside rebels in eastern Ukraine. Yet the increase in prices has ...

EUROPE MARKETS: European Stocks Trim Gains After Inflation Data Meet Views

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- European stock markets moved higher on Friday, but trimmed gains midmorning as investors speculated whether lackluster euro-zone inflation data were weak enough to trigger more easing from the European Central Bank. The data: ...

Chicago PMI Jumps on Surge in Production, New Orders

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

A closely-watched gauge of economic activity rose sharply in August, driven by a surge in production and new orders. The Chicago Business Barometer, commonly called the Chicago PMI, rose 11.7 points in August to 64.3, regaining all the ground lost ...

Brazil Falls Into Recession with Second Quarter GDP -- Update

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By Luciana Magalhaes And Rogerio Jelmayer SÃO PAULO--Brazil's faltering economy fell into a technical recession in the first half of the year, the latest blow to President Dilma Rousseff's re-election hopes with just five weeks before voting starts, with little ...

Swiss KOF Economic Indicator Rebounds in August

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By Neil MacLucas ZURICH--Switzerland's KOF leading economic indicator gained for the second month in the past three in August, despite the sluggish recovery in the euro zone dragging on exports of Swiss goods to Europe. The index rose 1.6 points ...

CURRENCIES: Dollar Ends Month Higher Against Euro, Yen

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By Joseph Adinolfi, MarketWatch NEW YORK (MarketWatch)--The dollar finished August higher against the euro, yen and British pound Friday, buttressed by strong U.S. economic data and the growing threat of war between Russia and Ukraine. Investors consider the dollar and ...

U.S. Banks Boosted Lending in Second Quarter, FDIC Says

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By Ryan Tracy WASHINGTON--U.S. banks, facing a revenue decline and other headwinds, boosted lending in the second quarter at a pace unseen since the financial crisis, according to a government report. The Federal Deposit Insurance Corp. said banks' loan and ...

CURRENCIES: Inflation Data Pushes Dollar Higher Against Euro

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By Joseph Adinolfi, MarketWatch NEW YORK (MarketWatch) -- The dollar rose against most rival G-10 currencies Friday, after economic data from Europe and Japan showed a widening growth differential between those economies and the U.S. "The dollar is the only ...

European Stocks See Cautious Rebound -- 2nd Update

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By Josie Cox European shares rose tentatively Friday, as investors weighed expectation-meeting euro-zone inflation data against disappointing German retail figures while keeping a sharp eye on flaring tensions in eastern Europe. Following a sharp sell-off Thursday, the Stoxx Europe 600 ...

With Iran Talks at Crossroads, U.S. Levels New Sanctions

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By William Mauldin WASHINGTON--The U.S. imposed a range of sanctions designed to exert new pressure against Iran and deter international business leaders from circumventing Washington's existing punitive measures as talks continue over the country's nuclear program. The steps announced Friday ...

U.S. Consumer Spending Declines 0.1% in July -- Update

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By Eric Morath WASHINGTON--Constrained American consumers are threatening to weigh on U.S. growth just after the economy regained its footing following a pullback early in the year. Hamstrung by weak income gains, consumers are struggling to step up spending. That ...

Ruble Plumbs New Depth as Ukraine Tensions Rise -- Update

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By Andrey Ostroukh and Chiara Albanese MOSCOW--The Russian ruble hit a new low on Friday as geopolitical conflict in eastern Ukraine intensified with the alleged participation of Russian troops. Kiev said that Russian troops entered eastern regions of Ukraine in ...

European Stocks See Cautious Rebound -- Update

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

By Josie Cox European shares rose tentatively Friday, with investors seemingly relieved that euro-zone inflation data at least matched expectations, even though disappointing German retail figures once again underscored the fragility of the region's recovery. Rebounding marginally from a day-earlier ...

Canada's Economy Grows Faster than Expected

TODAY: Nov. 22, 2014 PUB DATE: Aug. 29, 2014

OTTAWA--Canada's economy accelerated faster than expected in the second quarter, growing at the fastest pace in nearly three years driven by exports, consumer spending and business investment in housing. Gross domestic product rose 0.8% on the quarter, or an annualized ...