Investors cautious ahead of U.S. Jobs data
Non-farm payrolls shake up markets, here are the top 3 scenarios of what could happen.
China's reforms not enough to arrest mounting debt: Moody's
26 May 2017 03:46 PM |By Reuters : China's structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody's said.
First-quarter GDP revised up to 1.2 percent
26 May 2017 03:40 PM |By Reuters : May 26 U.S. economic growth slowed less sharply in the first quarter than initially thought, but the weakness was likely an aberration amid a strong labor market that is near full employment.
Japan's factory output seen jumping in April, led by global demand
26 May 2017 09:27 AM |By Reuters : Japan's factory output was expected to rebound in April at the fastest rate in about six years, a Reuters poll found on Friday, boosted by rising exports as global demand recovers.
OPEC disappointment hits oil, stocks; sterling down on UK vote jitters
26 May 2017 09:20 AM |By Reuters : Oil prices weakened on Friday, prompting a move away from riskier assets and depressing Asian stocks, after an OPEC agreement to extend cuts in crude production for a further nine months disappointed investors who had bet on bigger output cuts.
Trump talks trade with EU, varied differences remain
25 May 2017 03:54 PM |By Reuters : A smiling Donald Trump offered European Union chiefs assurances on security in Brussels on Thursday but EU officials did not conceal lingering differences with the U.S. president over Russia, trade and climate change.
OPEC extends oil output cut by nine months to fight glut
25 May 2017 01:25 PM |By Reuters : OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018, OPEC delegates said, as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply in the past three years.
Traders bid up oil ahead of anticipated OPEC production cut extension
25 May 2017 10:08 AM |By CNBC : Traders pushed oil prices higher on Thursday morning ahead of a widely anticipated extension of the OPEC-led production cut agreement.
Asia shares race to two-year high as Fed signals no rush to tighten
25 May 2017 10:01 AM |By Reuters : Asian shares scaled two-year highs on Thursday while the dollar and U.S. bond yields slipped after the U.S. Federal Reserve signaled a cautious approach to future rate hikes and the reduction of its $4.5 trillion of bond holdings.
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