Canada Adds 35,400 Jobs in January

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

OTTAWA--Job creation in Canada for the month of January blew past market expectations, and the unemployment rate declined, on the back of a hefty gain in part-time work and the biggest increase in the ranks of the self-employed in over ...

Mexico's Budget Cuts Prompted by Oil's Drop, Financing Outlook

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

By Anthony Harrup MEXICO CITY--Cuts to Mexico's 2015 budget are a step toward ensuring the government will be able to narrow its deficits in coming years without increasing taxes, and start lowering public debt-to-GDP levels beginning in 2017, Deputy Finance ...

S&P Cuts Greece Rating Further Into Junk -- 2nd Update

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

By Chelsey Dulaney Standard & Poor's Ratings Services on Friday cut Greece's sovereign credit rating one notch further into junk territory, citing the country's growing cash constraints. S&P; cut Greece's rating to B-minus from B, while keeping the country on ...

Australia's Central Bank Cuts Growth, Inflation Forecasts

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

Australia's central bank lowered both its medium-term forecasts for inflation and economic growth, saying the economy won't grow fast enough in the next year to prevent a further rise in unemployment, which is already at its highest levels in a decade. The RBA said GDP growth is expect to remain weak through 2015, tracking below 3.0%, a rate often cited as needed to prevent unemployment from rising.

Oil Futures Rise but Prices May Remain Volatile

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

By Eric Yep Crude-oil futures rose in Asian trade Friday after rising overnight and market observers expect oil prices to remain largely volatile in the coming weeks. On the New York Mercantile Exchange, light, sweet crude futures for delivery in ...

Australia's RBA Lowers Growth, Inflation Forecasts

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

SYDNEY--Australia's central bank Friday lowered both its medium-term forecasts for inflation and economic growth, saying the economy won't grow fast enough in the next year to prevent a further rise in unemployment. The grim outlook opens the door for the ...

Japan Upgrades Assessment of Coincident Indicators

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

TOKYO--Data released Friday suggested Japan's economy may have bottomed out and could be set for expansion after an April sales tax increase damped consumer sentiment. The Cabinet Office upgraded its assessment in December of its index of coincident indicators, a ...

UK Trade Deficit Widens to All-Time High

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

LONDON--The gulf between the value of goods the U.K. imports and what it exports grew to its widest level in at least 26 years, official figures showed Friday. The trade deficit for goods widened to 119.9 billion pounds ($182.7 billion) ...

Data Suggest SNB Bought Around $65 Billion in Forex in January

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

ZURICH--New data published on Friday by the Swiss National Bank suggest it bought around 60 billion Swiss francs (around $65 billion) worth of foreign currencies last month to blunt the surge in the Swiss franc's value, even after the central ...

Eurozone Ministers to Meet on Greek Debt Wednesday

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

BRUSSELS--Eurozone finance ministers will meet on Wednesday in the hope of moving closer to a deal on Greece's paralyzed bailout program, two European Union officials said Friday. The talks on Wednesday are supposed to free EU leaders, who are meeting ...

Correction to U.S. Employment Article

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

The unemployment rate rose to 5.7% in January from December's 5.6%. "U.S. Adds 257K Jobs In January; Jobless Rate Ticks Up to 5.7%," published at 8:30 a.m. EST, misstated that the rate fell in the 14th paragraph. (END) Dow Jones ...

U.S. Stocks on Track for Weekly Gains

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

By Corrie Driebusch U.S. stocks were little changed Friday as data showed a strong pace of job creation in January and a pickup in workers' wages. Treasury bonds and gold prices sank while the dollar rose against major currencies, as ...

European Stocks Inch Higher After US Jobs Data -- 3rd Update

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

By Josie Cox and Tommy Stubbington European stock markets inched higher Friday after a stronger-than-expected U.S. jobs report, but concern over the outcome of a standoff between Greece and its creditors kept a lid on gains. The Stoxx Europe 600 ...

Canada Expects Housing Activity to Moderate Over Next Two Years

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

By Rita Trichur Canada's national housing agency is expecting housing activity to moderate over the next two years but warned lower oil prices pose an increased risk for energy-rich provinces like Alberta. Canada Mortgage and Housing Corp., which is also ...

Gulf Keystone Suspends Kurdistan Exports

TODAY: April 26, 2015 PUB DATE: Feb. 6, 2015

LONDON--Kurdistan-focused Gulf Keystone Petroleum Ltd. (GKP.LN) said on Friday it has stopped exporting crude because of a payments dispute with Kurdistan's regional government, hitting shares in the oil explorer. Gulf Keystone received an initial export payment in December, along with ...