Economic News



Asian shares slide as U.S. Treasury yields touch above 2.97 percent
Dow Jones

Asian shares slide as U.S. Treasury yields touch above 2.97 percent

Asian shares slid on Monday as investors awaited financial results from the world’s largest companies, while yields on 10-year Treasurys approach 3 percent. 


April 20, 2018
Gold slips, set for narrow decline for the week
Gold slips, set for narrow decline for the week

Gold futures fell for a second session in a row on Friday, on course to post their first weekly loss in three weeks, as jump in the dollar weighed...

U.S. stocks sink after latest batch of corporate earnings
U.S. stocks sink after latest batch of corporate earnings

U.S. major stock indexes dropped in morning deals on Friday on slump in technology stocks and as energy firms were dragged down by lower crude...

European stocks on track for fourth week of gains
European stocks on track for fourth week of gains

European stocks slipped on Friday at the end of a robust week as a rally in commodities lost momentum, triggering profit-taking among mining...

U.S. sales of houses costing $750,000 or more leap
U.S. sales of houses costing $750,000 or more leap

A deficit of houses, together with brisk economy and high demand have caused home prices in the biggest U.S. cities rise above $1 mln, diminishing...

Investors go back into oil stocks
Investors go back into oil stocks

Previously doubting investors go into oil majors again expecting that subsequent results will turn the tide for energy stocks that have been...

Euro steady ahead of ECB meeting next week
Euro steady ahead of ECB meeting next week

The euro was firm above the $1.23 mark on Friday and is on track for its weakest week of gains in 10 months as traders remained cautious before a...

Wells Fargo to be fined $1 billion for financial violations
Wells Fargo to be fined $1 billion for financial violations

The U.S. federal regulators will impose a $1 billion fine on Wells Fargo for financial violations, The New York Times reported. Such a penalty...

Sterling wobbles on rising doubts of BoE rate hike next month
Sterling wobbles on rising doubts of BoE rate hike next month

Sterling fluctuated near two-week trough versus the dollar on Friday after statements from the Bank of England head and weak UK retail sales...

Asian shares slip, tech stocks lead decline
Asian shares slip, tech stocks lead decline

Asian stocks dipped on Friday as a downbeat outlook on smartphone demand from Taiwan Semiconductor weighed on the tech sector. 

April 19, 2018
Wall Street heads lower, Apple and P&G lead decline
Wall Street heads lower, Apple and P&G lead decline

U.S. stocks slipped in early trading on Thursday, dragged down by a drop in tech stocks from Apple to chipmakers as well as a tumble in...

World economy is robust though trade war threatens slowdown
World economy is robust though trade war threatens slowdown

The world economy is going to advance in 2018, growing at the top rate since 2010, however, trade protectionism can easily make it lose vigour,...

British financial watchdog to review preference shares
British financial watchdog to review preference shares

The British Financial Market Authority (FCA) announced a review into preference shares and other similar securities so that investors could obtain...

Pound dragged down by weak UK retail sales
Pound dragged down by weak UK retail sales

The pound slipped on Thursday after weak Britain's retail sales figures added to worries about how many Bank of England interest rate hikes to...

European shares advance on strong corporate results
European shares advance on strong corporate results

The main European stock indexes rose slightly on Thursday, supported by solid financial results, though two-day rally lost momentum. 

Oil moves close to the levels of late 2014
Oil moves close to the levels of late 2014

Prices of oil jumped today to the maximum since late 2014 in view of U.S. crude inventories fall and OPEC’s continuing efforts to support...

Aluminium rises to $2600 on concerns over deficits of metal
Aluminium rises to $2600 on concerns over deficits of metal

The price of aluminium on the London Metal Exchange (LME) jumped 2.5% to $2,600 a metric ton on Thursday, due to forecasts of a possible shortage...

Alibaba is developing self-driving cars
Alibaba is developing self-driving cars

China's Internet giant Alibaba confirmed information it is testing its own autonomous vehicle technology, China Daily reported. 

Dollar steady as U.S. yields fluctuate near one-month peak
Dollar steady as U.S. yields fluctuate near one-month peak

The dollar was firm versus a basket of major currencies on Thursday, underpinned by higher long-term U.S. Treasury yields, though persisting...

Asian stocks edge higher as oil extends its rise
Asian stocks edge higher as oil extends its rise

Asian shares were broadly higher on Thursday as crude prices touched top since late 2014 and triggered a rally across commodities. 

April 18, 2018
UK inflation is at a year’s minimum
UK inflation is at a year’s minimum

Britain’s inflation of consumer prices moved down to 2.5% last month, the least figure in a year, data by the Office for National Statistics...

Gold rises slightly as dollar, shares gain
Gold rises slightly as dollar, shares gain

Gold futures gained slightly in early trading on Wednesday as volatile trade in recent sessions has bounded the haven metal in a comparatively...

Oil moves higher in view of U.S. crude inventories fall and risk of supply interruptions
Oil moves higher in view of U.S. crude inventories fall and risk of supply interruptions

Prices of oil grew today, pushed up by new data of U.S. crude inventories drop, as well as by the continuing risk of supply interruptions. 

Tesla to begin around-the-clock production of Model 3
Tesla to begin around-the-clock production of Model 3

Tesla Inc. is moving to around-the-clock production of Model 3 chief executive officer Elon Musk told employees. Only under such conditions Tesla...

Goldman Sachs predicts aluminum prices to rise
Goldman Sachs predicts aluminum prices to rise

Goldman Sachs Group Inc. predicts that the rally in the global aluminum market caused by U.S. sanctions against a number of Russian citizens and...

European stocks extend rise, focus on earnings
European stocks extend rise, focus on earnings

European stocks steadied on Wednesday, underpinned by first-quarter financial results and as the geopolitical tensions fade.

Pound dips as inflation slows to weakest in year
Pound dips as inflation slows to weakest in year

The pound slumped to a four-day nadir on Wednesday, reversing its gains for the week after UK inflation surprisingly slowed to the weakest level...

Dollar gains as investors' risk appetite improves
Dollar gains as investors' risk appetite improves

The U.S. dollar rebounded on Wednesday from a three-week trough after trade tensions eased and solid U.S. economic figures underpinned the U.S....

Asian stocks inch up following Wall Street rebound
Asian stocks inch up following Wall Street rebound

Asian stocks edged higher on Wednesday after Wall Street surged overnight on strong financial results, though worries over trade dispute between...

April 17, 2018
House building in the U.S. rises, while construction of single-family homes is still low
House building in the U.S. rises, while construction of single-family homes is still low

House building in the United States grew past expectations last month as construction of multi-family homes is again on the rise, at the same time...

China’s economy grows briskly in the first quarter driven by customer demand
China’s economy grows briskly in the first quarter driven by customer demand

The economy of China expanded by 6.8% in the January-March quarter, a bit exceeding forecasts, thanks to high customer demand, active investment...

China to allow full foreign ownership of automakers by 2022
China to allow full foreign ownership of automakers by 2022

China plans to scrap a limit on foreign ownership of automotive ventures by 2022. As expected, this will provide significant support to foreign...

U.S. bans China’s ZTE Corp from buying American software
U.S. bans China’s ZTE Corp from buying American software

The United States banned one of China's largest tech companies - ZTE Corp, from buying components from American tech companies. 

European stocks inch up on upbeat sentiment
European stocks inch up on upbeat sentiment

European stocks rose in morning deals on Tuesday as concerns over U.S.-Russia tensions eased up with attention turning to the first-quarter...

UK unemployment falls to 4.2% - its lowest since 1975
UK unemployment falls to 4.2% - its lowest since 1975

Unemployment rate in the UK dropped unexpectedly to 4.2% in the three months to February, the Office for National Statistics reported on Tuesday....

Pound soars to top since Brexit referendum in June 2016
Pound soars to top since Brexit referendum in June 2016

The pound on Tuesday jumped to its top since the UK’s vote to depart from the European Union in summer 2016, supported by anticipations that...

Dollar stable as Syria strikes give way to extending trade concerns
Dollar stable as Syria strikes give way to extending trade concerns

The dollar was stable on Tuesday as the investors' attention turned back to global trade problems while concerns over wider conflict in the...

Asian shares wobble after mixed China data
Asian shares wobble after mixed China data

Asian shares fluctuated on Tuesday after a mixed set of economic figures out of China, while losses were capped as traders shifted their attention...

April 16, 2018
U.S. retail sales grew in March
U.S. retail sales grew in March

Retail sales in the United States moved upwards last month, following three months of fall, due to the growing number of car and other high-priced...

Oil fell after air attacks in Syria, rise in the count of new U.S. rigs
Oil fell after air attacks in Syria, rise in the count of new U.S. rigs

Oil prices declined 1% today following weekend’s air attacks in Syria, with increased U.S. drilling for more oil pulling back prices as...

April 13, 2018
Wall St. gains on solid large banks earnings
Wall St. gains on solid large banks earnings

U.S. stocks edged up in early trading on Friday after JPMorgan Chase & Co., Wells Fargo and Citigroup reported solid quarterly financial...

China’s foreign sales of March show sudden drop
China’s foreign sales of March show sudden drop

China’s foreign sales surprisingly dropped last month, the first such case since February, 2017, which raises concerns over the strength of...

London Stock Exchange Group appoints Goldman Sachs Group's veteran as new CEO
London Stock Exchange Group appoints Goldman Sachs Group's veteran as new CEO

London Stock Exchange Group Plc (LSEG), operator of the London Stock Exchange (LSE), has appointed a 20-year veteran of Goldman Sachs Group Inc....

Bitcoin continues to rise, soaring near $400 in an hour
Bitcoin continues to rise, soaring near $400 in an hour

Bitcoin extended its gain on Friday, soaring almost $400 in an hour, as the world's most popular cryptocurrency is on track for a weekly rise...

Pound touches 10-week top against dollar, 11-month high vs. euro
Pound touches 10-week top against dollar, 11-month high vs. euro

The pound jumped to a fresh 10-week peak versus the dollar on Friday and scaled to an 11-month top versus the euro, stimulating traders to unwind...

European stocks rise amid Syria conflict and U.S.-China trade tensions
European stocks rise amid Syria conflict and U.S.-China trade tensions

European stocks edged up to fresh one-month peak on Friday as U.S.-China trade tensions eased, while corporate results supported markets. 

Volkswagen announces new CEO
Volkswagen announces new CEO

Volkswagen Group announced the resignation of the company's chief executive Matthias Mueller. Hi will be succeeded by Herbert Diess, who had...

U.S. wants to re-enter Pacific trade deal under better terms
U.S. wants to re-enter Pacific trade deal under better terms

U.S. President Donald Trump told his top economic advisors to consider rejoining a multicountry trade agreement known as the Trans-Pacific...

Dollar steadies near one-and-a-half month peak vs yen
Dollar steadies near one-and-a-half month peak vs yen

The dollar rose to an almost 1-1/2-month peak versus the yen on Friday, as a broadly improvement in investor risk appetite supported shares and...

Asian stocks give up early gains on uncertainties over trade
Asian stocks give up early gains on uncertainties over trade

Asia shares fluctuated on Friday as trade tensions eased and focus turned to U.S. earnings season. 

April 12, 2018
Hong Kong intervenes in exchange rate of local currency
Hong Kong intervenes in exchange rate of local currency

The financial regulator of Hong Kong conducted interventions in the currency market for the first time since 2015. 

Bitcoin breaks out of tight range
Bitcoin breaks out of tight range

The world's most popular digital currency bitcoin soared to a two-week high of $8,055.20 on Thursday, climbing as much as 16%. 

U.S. stocks climb on corporate earnings optimism
U.S. stocks climb on corporate earnings optimism

The major U.S. stocks indexes rose more than 0.5 percent in morning deals on Thursday as anticipations that lower U.S. taxes would boost corporate...

Emirates faces pilot shortage
Emirates faces pilot shortage

Emirates President Tim Clark said that the airline faced a shortage of pilots, which is why in the summer it will have to cut some flights. 

Total to buy Engie’s LNG business for $1.5 bln
Total to buy Engie’s LNG business for $1.5 bln

The European Commission has allowed the French oil and gas company Total to buy Engie's LNG assets. The Commission concluded that the merger...

European shares rise while concerns over U.S. military action in Syria remain
European shares rise while concerns over U.S. military action in Syria remain

European stocks moved higher on Thursday underpinned by fresh dealmaking activity, though anxiety remain among investors due to perspective of...

Jamie Dimon says U.S. economy is in good shape
Jamie Dimon says U.S. economy is in good shape

Yesterday’s words by Jamie Dimon, CEO of JPMorgan Chase, claim that the U.S. economy is still in good shape and there are no conditions that...

Dollar on track to snap 4-day losing run
Dollar on track to snap 4-day losing run

The dollar bounced back after four sessions of losses as the risks of a military attack in Syria eased. 

Asian shares fall amid geopolitical tensions
Asian shares fall amid geopolitical tensions

Asian shares dropped on Thursday as U.S.-Russia tensions on Syria and hawkish coments from the Federal Reserve caused worries among traders. 

April 11, 2018
Oil at a record high since the end of 2014 following the U.S. President’s missile threats
Oil at a record high since the end of 2014 following the U.S. President’s missile threats

Oil jumps to record highs in over 3 years today following the U.S. President’s statement of possible missile operation against Syria after...

U.S. firms learnt how to avoid taxes
U.S. firms learnt how to avoid taxes

15 American companies avoided tax for around $25 bln earnings total in 2017, yesterday’s data showed. Among these firms are Amazon, Duke...


The latest news and actual trends of equity markets, Forex and world economy

World financial markets have the strongest and fastest growth in the world. Stock and Forex markets are influenced by economic developments taking place in the global arena. In order to multiply your income, you should always be aware of the latest developments from the world of economics and finance. All the latest information is on the GuruTrade portal. Remember: he who owns the information, owns the world - become aware and rich with GuruTrade!

Find out main events in the world economy with GuruTrade

Economic news in the world - it is one of the most popular sections of the site GuruTrade.com. In this part of the site you can find published opinions and forecasts of the most authoritative experts and economists on the topics of finance, markets, macroeconomics, small business, industry and international trade. Information about events in the area of economics and finance on GuruTrade site is complemented with reports from the government meetings and interviews with government officials and businessmen. With us you will always be aware of the latest news of the world economy and finance!
By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree