Australian Retail Sales Fall After Federal Budget

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

By Shani Raja SYDNEY--Australian retail sales fell as a tough budget made consumers more cautious about spending in the high street. Retail sales fell 0.5% in May from a month earlier, the Australian Bureau of Statistics said Thursday, compared with ...

HSBC China June Services PMI 53.1 Vs 50.7 in May

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

BEIJING--The HSBC China services Purchasing Managers' Index rose to 53.1 in June from 50.7 in May, HSBC Holdings PLC said Thursday. The June reading is the highest since March 2013, HSBC said. A reading above 50 indicates month-on-month expansion while ...

Australia's RBA Warns on Currency Value

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

SYDNEY--Investors underestimate the likelihood of a significant fall in the Australian dollar at some point, Glenn Stevens, Gov. of the Reserve Bank of Australia, said in a speech Thursday. Speaking in Hobart, Tasmania, the central bank governor said Australia's relatively ...

MARKET SNAPSHOT: U.S. Stocks: Futures Gain With Jobs Report In Sight

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

By Carla Mozee, MarketWatch LONDON (MarketWatch) -- U.S. stock futures posted slight gains Thursday, with investors ready for results from the widely watched U.S. labor-market report before they wrap up the holiday-shortened week. Futures for the Dow Jones Industrial Average ...

Dow Jones Industrial Average Closes Above 17000 for First Time

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

By Chris Dieterich The Dow Jones Industrial Average topped 17000 for the first time after a rosy report on U.S. job creation helped reassure investors that economic growth can support stock benchmarks at all-time highs. The 30-stock Dow advanced 92.02 ...

Dollar Rises Against Yen, Euro on Upbeat Jobs Report

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

By James Ramage and Nicole Hong A robust June U.S. jobs report drove the dollar higher against the yen and euro Thursday. The dollar rose 0.4% against the yen to 102.19 yen, while the euro dropped 0.4% versus the greenback ...

U.S. May Tin Exports - Jul 3

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

Source: U.S. Commerce Department. Note: Totals include re-exports. (Tin, unwrought, not alloyed, in kilograms) Origin Jan-May '14 Apr '14 May '14 World Total 7,397,604 1,605,979 1,487,466 Brazil 16,910 4,973 Canada 4,807,630 927,858 1,077,744 China 649 85 175 Costa Rica 5,044 ...

MARKET SNAPSHOT: U.S. Stocks Open Higher; Dow Tops 17K

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

By Carla Mozee and Anora Mahmudova, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks opened higher on Thursday on the back of a far stronger-than-expected jobs report, sending the Dow Jones Industrial Average (DJI) above 17,000 and into record territory. The ...

Dow Tops 17000 in Intraday Trading After Strong Jobs Report

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

By Chris Dieterich and Saumya Vaishampayan The Dow Jones Industrial Average rose above 17000 for the first time in intraday trading after a stronger-than-expected report on U.S. job creation in June helped reassure investors that economic growth can support stock ...

Crude Sinks as Iraq Fields Remain Open

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

By Cassie Werber Crude prices continued a steady decline Thursday, falling back close to levels seen before fighting broke out in Iraq, as investors began to see less risk to Iraqi fields and more likelihood of Libyan oil returning. Brent ...

Sweden Cuts Main Interest Rate to 0.25 From 0.75% -- Update

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

By Charles Duxbury STOCKHOLM--Sweden's central bank Thursday made a surprisingly large cut to its main interest rate, lowering borrowing costs for the first time in six months to boost a sagging inflation rate, which has long fallen short of the ...

Canada's Trade Deficit Narrows Sharply in May

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

By Nirmala Menon OTTAWA--Canada's trade deficit in May was narrower than expected as shipments of cars, light trucks and energy to the U.S. drove a sharp rebound in exports to the second-highest level on record. The improvement followed an exports ...

Ukraine Central Bank Head Sees 2014 GDP Falling 4.6% in 2014 - Interfax

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

By Alexander Kolyandr MOSCOW--Ukraine's economy will likely contract by more than the previous official government forecast, the chairwoman of the country's central bank said Thursday, Interfax reported. Speaking at an investment conference in London, Valeria Gontareva, who assumed her post ...

Payrolls, Draghi Dent Euro -- 2nd Update

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

By Tommy Stubbington Markets largely shrugged off the European Central Bank's latest monetary policy meeting, but the euro weakened against the dollar following stronger -than-expected jobs growth in the U.S. ECB Chief Mario Draghi struck a cautious tone in his ...

BOND REPORT: Bonds Trim Losses As Jobs Gain Leaves Fed View Intact

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

By Ben Eisen, MarketWatch NEW YORK (MarketWatch) -- Treasury prices cut losses Thursday after a sharp initial selloff, as investors decided that a monthly jobs report didn't show enough economic acceleration to shift the Federal Reserve's monetary policy outlook. Market ...

Press Release: NMI(R) at 56%; June Non-Manufacturing ISM(R) Report On Business(R); Business Activity Index at 57.5%; New Orders Index at 61.2%; Employment Index at 54.4%

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

NMI(R) at 56%; June Non-Manufacturing ISM(R) Report On Business(R); Business Activity Index at 57.5%; New Orders Index at 61.2%; Employment Index at 54.4% PR Newswire TEMPE, Ariz., July 3, 2014 DO NOT CONFUSE THIS NATIONAL REPORT with the various regional ...

U.S. June Nonfarm Payrolls Rise 288K; Jobless Rate 6.1%

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

WASHINGTON-U.S. employers added jobs at a healthy clip in June, a sign of improving labor-market strength as the economic recovery heads into its sixth year. Nonfarm employment advanced a seasonally adjusted 288,000 last month, the Labor Department said Thursday. May's ...

Libya Rebels Sign Deal to Reopen Eastern Oil Ports

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

LONDON--Libyan rebels have reached a deal to reopen two terminals which handle nearly half the country's normal oil exports, pushing crude prices to their lowest level in three weeks Wednesday. The agreement, which was confirmed by the government, provides some ...

IMF Cuts France Forecasts But Eschews Further Austerity

TODAY: Oct. 21, 2014 PUB DATE: July 3, 2014

PARIS--The International Monetary Fund Thursday cut its French growth forecast Thursday and said Francois Hollande's government will miss its deficit reduction targets. "The economy has shown resilience through the crisis, but faces a slow recovery," the IMF said in its ...