CURRENCIES: Dollar Nears Fresh Record Against Yen

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

By Joseph Adinolfi, MarketWatch , Hiroyuki Kachi NEW YORK (MarketWatch) -- The dollar hovered just under its most recent record against the yen Thursday, shrugging off an unexpected rise in U.S. weekly jobless claims. The dollar recorded several fresh six-year ...

Saudi Oil Minister Sees No Need for OPEC Meeting

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

Saudi oil minister Ali al-Naimi said Thursday there was no need for an emergency OPEC meeting despite oil prices falling below $100 a barrel. The Organization of the Petroleum Exporting Countries is set to meet in November. Oil prices have ...

Inflation rate -0.2 percent

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

Press release from Statistics Sweden 2014-09-11 9:30 AM Nr 2014:478 Consumer Price Index (CPI), August 2014: Inflation rate -0.2 percent The inflation rate was -0.2 percent in August, down from 0.0 percent in July. The Swedish Consumer Price Index (CPI) ...

New Zealand Economy Vulnerable as Election Nears

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

By REBECCA HOWARD WELLINGTON, New Zealand--The New Zealand central bank's decision to pause on raising interest rates has given Prime Minister John Key reasons for both comfort and concern heading into an election his National Party is tipped to win. ...

Australia's Jobless Rate Falls From 12-Year High

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

SYDNEY--Australian employment jumped by a record 121,000 in August, pushing the unemployment rate down from a 12-year high reached in July, and fueling a strong recovery in the Australian dollar. Unemployment dropped to 6.1% in August from 6.4% in July ...

German Consumer Prices Steady

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

By Emese Bartha FRANKFURT--Germany's consumer price growth stabilized at a very low rate in August, the Federal Statistics Office said Thursday, confirming its preliminary figures published in late August. The annual rate of inflation in Europe's largest economy, measured according ...

China's Consumer Inflation Softens in August

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

BEIJING--China's consumer inflation softened in August, well below the government's target, official data showed on Thursday. China's consumer-price index climbed 2% in August from a year earlier, slower than a 2.3% year-to-year rise in July, data from the National Bureau ...

EU to Implement New Russia Sanctions -- Update

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

By Laurence Norman BRUSSELS--The European Union agreed Thursday to implement its new package of sanctions on Russia on Friday, diplomats said, ending a standoff of several days over whether to push ahead with the restrictions. The EU's 28 member states ...

China's PBOC Withdraws Cash From Financial System

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

By Shen Hong SHANGHAI--China's central bank is set to withdraw cash from the financial system this week for the first time since early August, reflecting concern about the potential impact of a tide of speculative money washing into the country. ...

Argentina Congress Approves Foreign Debt Payment Bill

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

By Ken Parks BUENOS AIRES--Argentine lawmakers gave their final approval early Thursday to a bill that allows the government to pay its foreign-currency denominated bonds locally or in France after a dispute with a small group of hedge funds in ...

EU's Juncker Gambles on Commission Shake-up

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

By Laurence Norman Incoming European Commission President Jean-Claude Juncker displayed some of his skills in political showmanship Wednesday in announcing the team he wants to lead the European Union's executive body for the next five years. They will take office ...

Argentina Congress Approves Debt Payment Bill

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

BUENOS AIRES--Argentine lawmakers gave their final approval early Thursday to a bill that allows the government to pay its foreign-currency denominated bonds locally or in France after a dispute with a small group of hedge funds in U.S. courts led ...

MARKET SNAPSHOT: U.S. Stocks Edge Lower; Small-caps Defy Trend

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

By Anora Mahmudova and Carla Mozee, MarketWatch NEW YORK (MarketWatch) -- The main benchmarks on Wall Street were stuck in negative territory on Thursday, as an unexpected increase in weekly jobless claims and falling commodities prices encouraged investors to remain ...

Sterling Recovers Slightly After Scotland Poll

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

There was some relief for the beleaguered British pound on Thursday after the most recent poll on the Scottish independence referendum showed a lead for those in favor of remaining in the U.K. The currency plummeted earlier this week following ...

CME to Launch Hong Kong Gold Contract This Year

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

By Biman Mukherji HONG KONG-- CME Group Inc. said Thursday it plans to introduce a gold futures contract in Hong Kong this year with the aim of tapping Asian demand for trading in the precious metal. Each contract will be ...

Canada Monthly New House Prices Stall Unexpectedly in July

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

By Nirmala Menon OTTAWA--Canadian monthly new house prices stalled unexpectedly in July and rose a smaller-than-expected 1.4% year-on-year, the smallest annual gain since December 2013, according to data from Statistics Canada Thursday. It marks only the fifth time in four ...

G-7 Will Meet to Decide on Islamic State Strategy

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

BERLIN--German Foreign Minister Frank-Walter Steinmeier said Thursday that he has invited fellow ministers from the Group of Seven leading industrial nations to meet for talks with Arab states about a political strategy on the radical Sunni group Islamic State. "I ...

Retail Spending Seen Picking Up in August -- Data Week Ahead

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

The following are forecasts for this week's remaining data from a survey compiled Friday and Monday. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS (ET) Friday 0830 Retail Sales Aug +0.7% (32) Unch --excl autos Aug +0.2% (20) +0.1% --control group* Aug ...

Global Economic Growth Picked Up in 2Q

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

Global economic growth accelerated slightly in the three months to June, although to a modest rate that suggests 2014 will fail to deliver on hopes for a significant pickup in the pace of recovery. The Organization for Economic Cooperation and ...

Sterling Recovers Slightly After Scotland Poll

TODAY: Dec. 20, 2014 PUB DATE: Sept. 11, 2014

By Tommy Stubbington There was some relief for the beleaguered British pound on Thursday after the most recent poll on the Scottish independence referendum showed a lead for those in favor of remaining in the U.K. The currency plummeted earlier ...