German Gloom Hits Euro -- Update

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

By Tommy Stubbington The euro slid Tuesday after a slump in German economic sentiment further fueled worries that the economic standoff with Russia over the conflict in Ukraine is hurting Europe's economy. Ultrasafe German government debt turned higher, while German ...

Oil Prices Decline on Weaker Demand Forecast

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

By Nicole Friedman NEW YORK--Oil prices slid Tuesday on concerns about demand, while global output remained unaffected by violence in the Middle East and eastern Europe. Light, sweet crude for September delivery recently fell 85 cents, or 0.9%, to $97.23 ...

Job Fears Dent Australians' Confidence

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

SYDNEY--Australian consumer confidence retreated last week following news that unemployment had risen to its highest level in 12 years. The ANZ Bank-Roy Morgan Research's measure of consumer confidence showed a decline for the second consecutive week, falling a sharp 5.7% ...

Sao Paulo CPI Rises 0.21% for 4 Weeks Ended August 7 -Brazil Fipe

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

By Rogerio Jelmayer SAO PAULO--The consumer price index for Sao Paulo, Brazil's biggest city, picked up in the four weeks ended August 7, in line with economists' expectations, mainly due to an increase in housing costs. The CPI rose 0.21% ...

India's Industrial Output Slows Unexpectedly In June

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

By Anant Vijay Kala NEW DELHI--India's industrial output slowed unexpectedly while inflation accelerated, a sign that the economy may not find it easy to recover from a painful slowdown. The output of manufacturing, mining and utilities firms rose 3.4% from ...

U.S. Budget Deficit Narrows in July

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

By Eric Morath WASHINGTON--The U.S. budget deficit narrowed again in July due to tax revenue increasing at a faster pace than government spending. The federal government's deficit from October through July totaled $460.45 billion, down 24% from the same period ...

Canada's Oliver Says Modest Export Growth Weighing on Job Creation

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

By Paul Vieira Canadian Finance Minister Joe Oliver said Tuesday that modest export growth and a lack of business confidence are factors holding back job creation in the country. Ahead of an annual summer policy retreat in Wakefield, Quebec, Mr. ...

Inflation rate 0.0 percent

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

Press release from Statistics Sweden 2014-08-12 9:30 AM Nr 2014:443 Consumer Price Index (CPI), July 2014: Inflation rate 0.0 percent The inflation rate was 0.0 percent in July 2014, down from 0.2 percent in June 2014. The Swedish Consumer Price ...

France's June Current-Account Deficit Widens on BNP Paribas Fine

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

By Inti Landauro PARIS--The French current-account deficit widened in June after the country's largest listed bank by assets, BNP Paribas, paid a multibillion-dollar fine in the U.S. for violating sanctions against Iran, Cuba and Sudan, the Bank of France said ...

German Economic Expectation Worsen Further

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

MANNHEIM, Germany--A key economic indicator released Tuesday suggests that German economic growth will be weaker this year than previously thought, as geopolitical tensions and the sluggish euro-zone recovery weigh on Europe's largest economy. Data from the Center for European Economic ...

EIA Lowers Global Oil Demand Forecast for 2014, 2015

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

Government forecasters lowered their forecast for global oil consumption this year and next, the latest sign of weak demand that is pressuring prices. The U.S. Energy Information Administration, in its monthly short-term energy outlook released Tuesday, cut its international consumption ...

U.S. Treasury Bonds Edge Lower After Recent Rally

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

By Cynthia Lin U.S. Treasury bonds came under pressure Tuesday as investors put aside lingering geopolitical concerns for the time being to focus on supply entering the bond market. In midday New York trading, benchmark 10-year notes edged down 5/32 ...

U.S. Retail Sales Rise in 1st Week of August From July -- Redbook

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

By Tess Stynes National chain-store sales rose 1.1% during the first week of August from the comparable week in July, according to Redbook Research's latest indicator, released Tuesday. The index's increase compared with a target for growth of 0.8%. The ...

EUROPE MARKETS: German Stocks, Euro Drop As Economic Sentiment Worsens

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

By Carla Mozee, MarketWatch ZEW sentiment survey underscores worries LONDON (MarketWatch) -- German stocks dropped more than 1% Tuesday, taking a hit after the ZEW sentiment survey plunged, missing already low expectations and underscoring anxiety about slowing in Europe's largest ...

Job Fears Dent Australians' Confidence

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

By James Glynn SYDNEY--Australian consumer confidence retreated last week following news that unemployment had risen to its highest level in 12 years. The ANZ Bank-Roy Morgan Research's measure of consumer confidence showed a decline for the second consecutive week, falling ...

Owner of Myanmar Hotel Where John Kerry Stayed Is on U.S. Blacklist

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

By Shibani Mahtani NAYPYITAW, Myanmar--A U.S. delegation including Secretary of State John Kerry stayed over the weekend at a hotel owned by a businessman on a U.S. blacklist of cronies of the former military regime, showing the difficulties of navigating ...

Germany's Growth At Risk From Ukraine, Middle East Crises--2nd Update

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

By Harriet Torry BERLIN--Germany's economic momentum slowed in the second quarter amid a "very hesitant" recovery in the euro zone and uncertainty caused by the crises in Ukraine and the Middle East, Germany's Economics Ministry said on Tuesday. Geopolitical tensions, ...

Correction to Raw Sugar Article

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

"Raw Sugar Rises, Cotton Falls Ahead of Crop Reports," published at 9:31 a.m. EDT, misstated the time that Unica will release its report. The report will be released at 10 a.m. EDT. (MORE TO FOLLOW) Dow Jones Newswires August 12, ...

Telstra to Buy U.S.-Based Video Streaming, Analytics Company Ooyala

TODAY: Nov. 22, 2014 PUB DATE: Aug. 12, 2014

By David Winning SYDNEY--Telstra Corp. (TLS.AU) said it will acquire nearly all the shares in Silicon Valley-based video streaming and analytics company Ooyala that it doesn't already own for US$270 million. Telstra, Australia's biggest telecommunications provider, built a 23% stake ...