Oil Futures Ease Back as Geopolitical Fears Fade

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Daniel Huang Oil futures inched lower Friday as markets calmed and traders awaited new developments from Ukraine and the Middle East. Light sweet crude futures for August delivery slid 6 cents, or 0.1%, to $103.13 a barrel on the ...

Euro Zone's Current-Account Surplus Narrowed in May

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Todd Buell FRANKFURT--The euro zone's current-account surplus narrowed in May, according to data published Friday by the European Central Bank. The current-account balance, a broad measure of an economy's international financial position, decreased in adjusted terms to a surplus ...

China Government Bond Sale Falls Short of Target

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

SHANGHAI--China failed to sell all the government debt it had planned to Friday, in the second incomplete auction in just over a month as rising yields and signs of improving economic growth turn investors away from the safety of bond ...

Oil Holds Gains as Ukraine Situation Deteriorates

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Cassie Werber Crude oil futures traded higher in London Friday, having retraced some of the most recent losses as the uncertain situation in Ukraine came sharply back into focus. Oil benchmarks on both sides of the Atlantic were pushed ...

J.P. Morgan Awards CEO With Stock Options

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

J.P. Morgan Chase & Co. has awarded Chairman and Chief Executive James Dimon stock options for two million shares valued at about $36 million, according to a regulatory filing Thursday. The company said it awarded Mr. Dimon 2 million special ...

EU Weighs Dramatically Raising Sanctions Against Russia

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Naftali Bendavid and Anton Troianovski European governments, jolted by the downing of a passenger plane over eastern Ukraine that killed nearly 300 people, are contemplating a major expansion of sanctions on Russia as early as next week. European Union ...

BOE's Cunliffe Says Investment Funds Could Pose Risks

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Jason Douglas LONDON--Big investment funds could pose risks to the stability of the financial system, a senior Bank of England official said, underscoring how regulators are looking beyond banks for potential threats. Jon Cunliffe, the BOE's deputy governor for ...

Canada Inflation Rises Faster Than Expected in June -- Update

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Nirmala Menon OTTAWA--Canadian inflation was stronger than expected in June, with the annual headline rate rising at the fastest pace since February 2012 and the key core measures up the most in two years. The data showed a continued ...

IMF Lagarde: ECB Should Keep Loose Policy as Recovery Weak

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By William Horobin PARIS--International Monetary Fund chief Christine Lagarde on Friday called on the European Central Bank to pursue an accommodative monetary policy and warned that markets may be too positive about the European recovery. Speaking at an event in ...

Canada Inflation Grows Faster Than Expected in June

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

June Inflation Report =-----------------------------------------=--=--=--=--=--== Key Numbers ! ! June May ! Consensus: ! Core Inflation y/y +1.8% +1.7% !Core: +1.7% y/y! Core Inflation m/m -0.1% +0.5% !Headline: +2.3%! All-items CPI y/y +2.4% +2.3% ! ! All-items CPI m/m +0.1% +0.5% ...

U.S. Consumer Sentiment Falls Below Expecations

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

U.S. consumers began this month feeling more worried about the economy's future, according to one survey of households released Friday. The Thomson-Reuters/University of Michigan preliminary July sentiment index declined to 81.3 from a final-June reading of 82.5. It is about ...

Markets Unnerved by Plane Crash, Gaza

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

A run-up in geopolitical stress surrounding Russia and Israel has jolted markets, but investors' search for safe assets is proving muted. Russian markets extended the week's losses Friday after Thursday's civilian passenger plane crash in the east Ukraine region of ...

Correction to Yen Story on Thursday

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

"Yen Higher Against Rivals Amid Lower US, Euro-Zone Yields," at 0606 GMT on Thursday, incorrectly characterized the euro-yen rate in the second paragraph. The low of Y136.76 on Feb. 6. was a recent low, not the low for the year. ...

China Posts Sharper Fall in Home Prices in June - Update

TODAY: Oct. 24, 2014 PUB DATE: July 18, 2014

By Esther Fung SHANGHAI--Average new home prices in 70 Chinese cities declined for a second straight month in June and fell more sharply as property developers stepped up discounts to lure home buyers amid a housing market downturn. Home prices ...