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Greek consumer prices in July for second month in a row

August 8th, 2016 (0)
Greece’s annual EU-harmonized inflation rate stayed positive for the second month in a row in July, statistics service data showed on Monday. The reading in July was 0.2 percent, unchanged from June and slightly below market expectations. Economists polled ...

Shale Drillers Add Oil Rigs for Longest Streak in a Year

August 8th, 2016 (0)
Permian Basin oil rigs rise by 5, Eagle Ford adds 4 rigs U.S. oil producers bring back rigs for sixth consecutive week U.S. oil drillers added rigs for the sixth-straight week, marking the longest period of expansion in a ...

Asia trades higher; Japanese stocks waver amid yen strength

August 4th, 2016 (0)
Japanese markets see-sawed in the morning session on Thursday, as stocks came under some pressure from a relatively stronger yen. The benchmark Nikkei 225 wavered between gains and losses before trading up 0.23 percent. The Topix was up 0.23 percent. The Japanese yen traded at ...

Dollar steady, sterling waits for BoE rate cut decision

August 4th, 2016 (0)
The dollar held steady above a recent six-week low on Thursday, while sterling stayed in a tight range with expectations running high that the Bank of England will cut interest rates for the first time since 2009 in a ...

Bitcoin Sinks After Hackers Steal $65 Million From Exchange

August 3rd, 2016 (0)
Hong Kong-based Bitfinex halts trading, deposits, withdrawals Digital currency is down almost 20 percent this week Bitcoin plunged after one of the largest exchanges halted trading because hackers stole about $65 million of the digital currency. Bitcoin slumped 5.5 ...

Tullett Prebon reports increase 11% of revenues

August 2nd, 2016 (0)
Tullett Prebon plc (the “Company”) today announced its results for the six months ended 30 June 2016. Financial Highlights Underlying, before exceptional and acquisition related items Revenue of £430.3m, an increase of 4% on prior period (2015: £415.7m) Operating ...

Europe expected to retreat at open

August 2nd, 2016 (0)
European stocks were lower in morning trade Tuesday, dragged down by banking shares as worries about the health of the region’s lenders continued to weigh on sentiment. The pan-European STOXX 600 was down 0.71 percent. The banking sector was once again ...

Morgan Stanley Warns Currency Traders Worst to Come for Dollar

August 1st, 2016 (0)
The dollar is set to fall 5 percent in the next few months, the Federal Reserve isn’t raising interest rates anytime soon and U.S. economic data is only going to get worse. That’s what Morgan Stanley chief global currency ...

Eurozone GDP growth slows as French economy stalls

July 29th, 2016 (0)
Eurozone economic growth halved in the second quarter, but the 19-nation single currency area moved further away from deflation. GDP rose by 0.3% between April and June, in line with expectations but below 0.6% growth in the first quarter. ...

MasterCard reports Second Quarter 2016 net revenue increase of 13%

July 29th, 2016 (0)
Second-quarter net income of $983 million, including a special item, or $0.89 per diluted share Second-quarter net income of $1.1 billion, excluding a special item, or $0.96 per diluted share Second-quarter net revenue increase of 13%, to $2.7 billion Second-quarter gross dollar volume up 11% and ...
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