Euro-Zone Consumer Confidence Little Changed in June

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

By Ilona Billington LONDON--Consumer confidence in the 18 countries that share the euro was little changed in June from May following news earlier in the month that the European Central Bank is increasing its support for the slowly recovering economy. ...

Kurds Reel as War Batters Weak Economy

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

By Joe Parkinson ERBIL, Iraq--In this ancient Kurdish city's sprawling bazaar, Sarbaz Gawhar is in a quandary over the impact of his government's recent territorial advances. While the rapid incursions of Sunni jihadists have helped Kurdish forces cement control of ...

UK House Price Expectations Slide to Six-Month Low in June - Survey

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

By Ilona Billington LONDON--U.K. house price expectations among home-owners edged back to a six-month low in June, a survey showed Friday, just one week after the U.K.'s top two financial chiefs warned of the potential threat surging house prices could ...

Canadian Inflation Accelerates

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

OTTAWA--Canada's annual rate of inflation rose in May at its fastest pace in over two years and exceeded the Bank of Canada's closely watched 2% target, powered by increases in energy and meat costs. The May report from Statistics Canada ...

Longer-term Polish Rate Outlook Is Clouded - Central Bank Minutes

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

By Patryk Wasilewski WARSAW--The Polish central bank won't alter interest rates until September at the earliest, with the outlook beyond then clouded by rate setters' concerns about low inflation and a possible slowdown in the recovery, central bank minutes showed ...

Canada Retail Sales Increase 1.1% in April on Car Sales

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

By Paul Vieira OTTAWA--Canadian retail sales posted their biggest monthly increase in April in nearly a year, as demand for new cars rebounded after two tepid months, Statistics Canada said Friday. Retail sales increased 1.1% to 41.62 billion Canadian dollars ...

Oil Futures Post Weekly Gain on Iraq Turmoil

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

By Nicole Friedman NEW YORK--U.S. and global oil futures rose on the week amid heightened concerns about Iraqi production, though Brent, the international benchmark, slipped Friday from nine-month highs. Light, sweet crude for July delivery settled up 83 cents, or ...

European Markets Cautious Amid Iraq Tensions

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

Escalating tensions in Iraq remained the key focus of European markets Friday, luring investors to assets perceived to be safe--an urge that helped gold to its biggest daily gain in nine months in the previous session. On Thursday, U.S. President ...

Euro-Zone Current Account Surplus Widens in April

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

FRANKFURT-The euro zone's current-account surplus increased in April on the heels of higher surpluses for goods and services, according to data published Friday from the European Central Bank. The current-account balance, a broad measure of an economy's international financial position, ...

Italy April Industrial Orders Climb on International Demand

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

By Liam Moloney ROME--Italian industrial orders shot up in April, its strongest level since the start of the year as demand from abroad rose at the fastest pace since 2009, stoking hopes of export-led growth in the euro-zone's third-largest economy, ...

De Blasio, Council Reach Budget Deal

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

By Michael Howard Saul Mayor Bill de Blasio and the City Council finalized a budget deal that adds 200 police officers to New York City streets this summer but doesn't increase the force's overall headcount, a person familiar with the ...

German PPI Falls More Than Expected in May on Lower Energy Costs

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

By Christopher Lawton FRANKFURT--German producer prices fell more than expected in May, due to a sharp decline in energy prices, the statistics office said Friday. Prices at the factory gates eased 0.2% on the month and dropped 0.8% on the ...

Euro-Zone Consumer Confidence Little Changed in June

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

By Ilona Billington LONDON--Consumer confidence in the 18 countries that share the euro was little changed in June from May following news earlier in the month that the European Central Bank is increasing its support for the slowly recovering economy. ...

CURRENCIES: Dollar To Post Weekly Loss On Low-rates Prospect

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

By Saumya Vaishampayan, MarketWatch NEW YORK (MarketWatch) -- The dollar rebounded Friday, but was on track to post weekly losses against most major rivals after the Fed signaled this week it was likely to keep interest rates low for a ...

Russia's Economic Fundamentals Continue to Deteriorate

TODAY: Oct. 23, 2014 PUB DATE: June 20, 2014

By Andrey Ostroukh MOSCOW-Russia's economic fundamentals continued to deteriorate in May as capital investment contracted again and retail sales expanded at a slower pace, data showed Friday. Russia's economy is on track to post a 0.5% growth this year, its ...