Moody's Raises Portugal Credit Rating

TODAY: July 29, 2014 PUB DATE: July 25, 2014

By Maria Armental Moody's Investors Service on Friday upgraded Portugal's credit rating one notch to Ba1, citing the country's improved fiscal condition and an expected continued gradual reduction of the country's "very high public debt burden. The outlook is stable, ...

Net trade surplus at SEK 5.2 billion in June

TODAY: July 29, 2014 PUB DATE: July 25, 2014

Press release from Statistics Sweden 2014-07-25 9:30 AM Nr 2014:434 Exports, imports and net trade balance, June 2014: Net trade surplus at SEK 5.2 billion in June In June 2014 Swedish exports of goods amounted to SEK 95.6 billion, while ...

Asian Shares Mixed, Toyko Helped by Soft Yen

TODAY: July 29, 2014 PUB DATE: July 25, 2014

Asian stocks were mixed early on Friday, with a weaker yen helping Japan lead the region higher at the end of a positive week. Japan's Nikkei Stock Average rose 0.5% as the yen softened against the dollar--a positive for the ...

MARKET SNAPSHOT: U.S. Stocks: Futures Lower; Amazon Tumbles

TODAY: July 29, 2014 PUB DATE: July 25, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- U.S. stock futures leaned lower Friday, as Amazon.com Inc. tumbled in premarket trade after disappointing results and Xerox Corp. and Starbucks Corp. also fell post-earnings. Futures had virtuallyno reaction ...

Geopolitical Turmoil Takes Toll on German Business Confidence -- Update

TODAY: July 29, 2014 PUB DATE: July 25, 2014

By Brian Blackstone FRANKFURT--German business sentiment slid markedly in July, a closely watched survey showed, suggesting that turmoil in Ukraine and the Middle East may weigh on Europe's largest economy. Other reports Friday, on German consumer sentiment and euro-zone bank ...

CURRENCIES: Euro Bruised After Weak German Sentiment

TODAY: July 29, 2014 PUB DATE: July 25, 2014

By Hiroyuki Kachi MADRID (MarketWatch) -- Weak German business-sentiment data underpinned the U.S. dollar on Friday, and weighed on the single European currency. The euro (EURUSD) last traded at $1.3452 from $1.3462 in late North America trading. The British pound ...

U.S. Durable Orders Up 0.7% in June

TODAY: July 29, 2014 PUB DATE: July 25, 2014

WASHINGTON--Orders for big-ticket manufactured goods rebounded in June, a sign that increased capital investment by businesses could boost U.S. economic growth heading into the second half of the year. Demand for durable goods--products like airplanes, cars, heavy machinery and appliances ...

MARKET SNAPSHOT: U.S. Stocks Open Lower; Dow Falls Below 17,000

TODAY: July 29, 2014 PUB DATE: July 25, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- The U.S. stock market opened lower on Friday, weighed down by disappointing earnings from companies such as Amazon.com. Nonetheless, the main benchmarks were on track to finish the week ...

Brazil Frees Up More Funds for Bank Loans

TODAY: July 29, 2014 PUB DATE: July 25, 2014

By Rogerio Jelmayer SÃO PAULO--Brazil's central bank on Friday announced measures intended to boost economic growth by freeing up more money for banks to loan out. The central bank reduced the amount of money that banks are required to keep ...

Canada Posts Smaller Deficit

TODAY: July 29, 2014 PUB DATE: July 25, 2014

OTTAWA--Canada's path to a balanced budget got a boost Friday with new data showing the deficit for the first two months of the 2014-15 fiscal year shrank by more than half largely due to spending restraint. According to the Canadian ...

Promising Outlook for Tanzania's Natural Gas Sector Says IMF

TODAY: July 29, 2014 PUB DATE: July 25, 2014

By George Mwangi Special to DOW JONES NEWSWIRES Tanzania has a good chance of becoming a major producer and exporter of natural gas over the next decade, said the International Monetary Fund. Significant offshore discoveries have been made over the ...

Brazil Current Account Deficit Narrows in June to $3.3 Billion

TODAY: July 29, 2014 PUB DATE: July 25, 2014

SAO PAULO--Brazil posted a current account deficit of $3.3 billion in June, the country's central bank said Friday, half the size of the $6.6 billion deficit registered in May. The current account deficit for the 12 months through June totaled ...

Argentine Delegation to Return Home

TODAY: July 29, 2014 PUB DATE: July 25, 2014

BUENOS AIRES--Argentina's negotiating team is set to return home Friday after a meeting earlier in the day with a court-appointed mediator in New York failed to resolve a high-stakes dispute over unpaid debts that could see the country default as ...

German GfK August Consumer Sentiment at 9.0 vs 8.9 in July

TODAY: July 29, 2014 PUB DATE: July 25, 2014

By Todd Buell German consumer sentiment rose to its highest level in nearly eight years, survey data from the Nuremberg-based GfK institute showed Friday, although it warned that the downing of Malaysia Airlines Flight 17 could still cloud the consumer ...

MARKET SNAPSHOT: U.S. Stocks: Nasdaq Futures Looks Weak As Amazon Tumbles

TODAY: July 29, 2014 PUB DATE: July 25, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- Stock futures leaned lower Friday, as Amazon.com Inc. tumbled in premarket trade after disappointing results and Xerox Corp. and Starbucks Corp. also down post-earnings. A single piece of economic data -- orders for ...

EU Lines Up Sector-Wide Economic Sanctions on Russia

TODAY: July 29, 2014 PUB DATE: July 25, 2014

By Laurence Norman and Matthew Dalton BRUSSELS--European officials Friday put off discussion about imposing sanctions on members of President Vladimir Putin's inner circle but pressed ahead with plans to deliver sector-wide economic sanctions on Russia next week, officials said. Ambassadors ...

U.K. Output Rises 0.8% in 2Q, Passing Precrisis Peak

TODAY: July 29, 2014 PUB DATE: July 25, 2014

LONDON--Britain's economy finally overtook its prerecession peak in the second quarter, official estimates showed Friday, more than six years after a global banking crisis caused a sharp downturn. The Office for National Statistics said the U.K. economy expanded 0.8% in ...