Eurozone Inflation Remains at Record Lows

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

The annual rate of inflation in the 18 countries that use the euro was unchanged at 0.4% in August, as the European Union's statistics agency revised a previous estimate that recorded a decline to 0.3% However, the annual rate of ...

Oil Prices Rise as Tensions Reappear

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

By Cassie Werber Oil prices rose Wednesday after receiving a boost a day earlier from news that OPEC could cut production, and after some geopolitical tension resurfaced. The Organization of the Petroleum Exporting Countries' secretary-general, Abdallah el-Badri, said Tuesday that ...

U.S. Stocks Open Higher Ahead of Fed Rate Decision

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

By Saumya Vaishampayan And Alexandra Scaggs U.S. stock futures opened slightly higher Wednesday ahead of an update on monetary policy from the Federal Reserve. The Fed will issue a policy statement at 2 p.m. Eastern after the conclusion of its ...

Most Federal Reserve Officials Still See First Rate Hike In 2015

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

By Michael S. Derby WASHINGTON--Most Federal Reserve officials continue to expect the central bank to first increase interest rates some time next year, according to official projections released Wednesday. In the forecast, 14 of 17 officials said they continue to ...

Dollar Tad Higher Against Yen, Euro Ahead of Fed Outcome

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

By Hiroyuki Kachi The dollar was a tad higher against the yen and the euro in Asia trade Wednesday, with investors largely taking a wait-and-see stance ahead of a closely watched Federal Reserve policy meeting outcome. As of 0450 GMT, ...

Argentine Peso Hits Record Lows

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

By Ken Parks BUENOS AIRES--The Argentine peso hit record lows against the U.S. dollar in black market trading Tuesday after the central bank reported the biggest one-day drop in its international reserves since the government defaulted on some of its ...

New Zealand's Current Account Back in The Red

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

By Rebecca Howard WELLINGTON, New Zealand--New Zealand's current account balance swung to a deficit in the second quarter as the value of goods exports fell over a range of commodities, led by dairy. The current account deficit totaled 1.1 billion ...

U.S. Dollar Rallies Against Yen, Euro After Fed Statement

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

By Ira Iosebashvili The dollar rose against the euro and yen Wednesday after the Federal Reserve gave more guidance on its plans to raise interest rates following its monetary policy meeting. At 2:10 p.m. EDT, the dollar was up 0.8% ...

Dollar Hits Six-Year High Vs Yen on Fed Guidance

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

By Ira Iosebashvili The dollar soared to a new six-year high against the yen and rallied against the euro Wednesday after the Federal Reserve gave more guidance on its plans to raise interest rates amid an economic recovery in the ...

Swiss Economic Expectations Turn Negative in September

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

By Neil MacLucas ZURICH--Swiss economic expectations in September turned negative for the first time since January last year as financial analysts grow increasingly pessimistic about the impact of the geopolitical tensions on growth in the eurozone, the Alpine country's key ...

Fed Dims Emerging Markets' Allure

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

By Nicole Hong And Matt Day Fears of higher U.S. interest rates are prompting fund managers to cut back on investments in emerging markets. For now, investors still are moving into developing markets, though the pace has moderated. Emerging-market stocks ...

PBOC Agrees to Currency Swap With Sri Lanka

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

BEIJING--China's central bank signed a 10 billion yuan ($1.6 billion) currency-swap agreement with its Sri Lankan counterpart, another effort to expand international use of the yuan. The deal, signed by the two central bank governors Tuesday, will be effective for ...

Boston Properties to Sell Stakes in 3 Buildings

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

Boston Properties Inc. (BXP) agreed to sell a 45% interest in three buildings in New York City and Boston to affiliates of Norway's sovereign-wealth fund for $1.5 billion. The deal with Norges Bank Investment Management involves stakes in 601 Lexington ...

Asian Shares Gain on China Stimulus -- 2nd Update

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

By Chao Deng Stocks in Hong Kong led Asian markets higher Wednesday, after China resorted to using another targeted stimulus measure for jump-starting its economy and as a meeting of the U.S. Federal Reserve drew near. The Hang Seng Index ...

MARKET SNAPSHOT: U.S. Stocks: Futures Flatten As Fed Day Arrives

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- U.S. stock market futures stuck to the flat line on Wednesday, as lingering nervousness over the conclusion of the Federal Open Market Committee meeting was balanced by news that China's central bank has ...

Fed Cautious in Mapping Rate Strategy--Update

TODAY: Dec. 18, 2014 PUB DATE: Sept. 17, 2014

By Jon Hilsenrath WASHINGTON--The Federal Reserve took two tentative steps toward winding down the historic easy-money policies that have defined its response to the 2008 financial crisis and recession, but indicated it still plans to leave in place ultralow interest ...