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The oil giant is to buy the UK energy firm First Utility, which supplies 825,000 homes.

U.S. Leading Economic Index Rises 0.4% In November

The material has been provided by InstaForex Company – www.instaforex.com

Investors have a good reason for joy as the US Congress eventually gave final approval to the business friendly tax reform. Nevertheless, this news has made a limited impact on trading sentiment. In the Asian trade, the US 10-year Treasury yield continued to rise while the USD/JPY pair was steadily heading for the psychological level of 114.00. The Bank of Japan ended the 2-day policy meeting. In a widely expected move, the regulator left the key interest rate […]

US stocks have opened higher as investors continue to digest the approval of the tax bill by the House of Representatives. The Dow Jones Industrial Average rose 75 points to 24,802, the S&P 500 increased 8 points to 2,687 and the Nasdaq Composite Index added 17 points to 6,978. Donald Trump’s …

Economic activity in the U.S. unexpectedly grew at a slightly slower than previously estimated rate in the third quarter, according to a report released by the Commerce Department on Thursday.

The report said real gross domestic product surged up by …

Despite the lack of optimism among market participants after the adoption of the tax reform bill by the US House of Representatives, the US dollar still managed to strengthen against its counterparts. As a result, after hitting a 3-week high of 1.19, the EUR/USD pair started to correct its movement. However, in the European mid-session, the euro is again trying to grow against the US dollar. The British currency also went down amid spontaneous emotional outburst for traders. […]

After reporting a bigger than expected slowdown in the pace of growth in regional manufacturing activity in the previous month, the Federal Reserve Bank of Philadelphia released a report on Thursday showing the pace of growth unexpectedly rebounded in…

Economic losses arising from natural and man-made disasters globally soared 63 percent this year and the insured losses were the third highest since 1970, a report from the insurer Swiss Re showed Thursday.

Total economic losses from natural and man-…

A report released by the Labor Department on Thursday showed a bigger than expected increase in first-time claims for U.S. unemployment benefits in the week ended December 16th.

The report said initial jobless claims climbed to 245,000, an increase o…

BlackBerry stock has rallied into two-year resistance after a strong earnings report and could break out, heading for the upper teens.

Brazil’s industrial confidence weakened slightly in December, marking the first easing in six months, survey data from the think tank FGV showed Thursday.

The industrial confidence index fell to 98.2 from 98.3. In November, the reading had climbed st…

US stocks closed lower on Wednesday as a rally in energy shares failed to offset a drop in Utilities and Financials. The Dow Jones fell by 0.11%, the S&P 500 by 0.08%, and the NASDAQ lost 0.04% from its value. The US dollar traded lower against a basket of major currencies on Wednesday as bullish housing data failed to lift sentiment with the Existing Home Sales coming out higher than expected at 5.81 million vs. 5.53 million […]

Economic activity in the U.S. unexpectedly grew at a slightly slower than previously estimated rate in the third quarter, according to a report released by the Commerce Department on Thursday.

The report said real gross domestic product surged up by …

The Czech central bank left its key interest rate unchanged on Thursday, in its final policy session for the year, after hiking it in November amid high inflation and strong growth.

The bank board decided to hold the two-week repo rate at 0.50 perce…

After reporting a bigger than expected slowdown in the pace of growth in regional manufacturing activity in the previous month, the Federal Reserve Bank of Philadelphia released a report on Thursday showing the pace of growth unexpectedly rebounded in…

Around midday, the FTSE 100 index was up about 26 points at 7,550, just off the session peak of 7,553.51. Craig Erlam, senior market analyst at Oanda, commented: “US equity markets are expected to open relatively unchanged on Thursday, a day after posting small losses despite tax reform …

A report released by the Labor Department on Thursday showed a bigger than expected increase in first-time claims for U.S. unemployment benefits in the week ended December 16th.

The report said initial jobless claims climbed to 245,000, an increase o…

At 8:30 am ET Thursday, Statistics Canada has released Canada consumer prices for November and retail sales for October.

Following these data, the loonie rose further against its major counterparts.

The loonie was trading at 1.5111 against the euro,…

Canadian Consumer Price Index Rose 0.5% In November

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Canadian Retail Sales Jump 1.5% In October

The material has been provided by InstaForex Company – www.instaforex.com

Philly Fed Index Climbs To 26.2 In December

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Following the release of the U.S. weekly jobless claims for the week ended December 14, the final estimate of GDP data for the third quarter and Philadelphia Fed manufacturing index for November, the greenback fell against its major rivals.

The green…

U.S. GDP Growth Downwardly Revised To 3.2% In Q3

The material has been provided by InstaForex Company – www.instaforex.com

U.S. Initial Jobless Claims Rise To 245,000 In Week Ended 12/16

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The U.S. weekly jobless claims for the week ended December 14, the final estimate of GDP data for the third quarter and Philadelphia Fed manufacturing index for November are due at 8:30 am ET Thursday.

Ahead of these data, the greenback traded mixed …

Statistics Canada will release Canada consumer prices for November and retail sales data for October at 8:30 am ET, Thursday. Inflation is forecast to rise 0.2 percent on month after a 0.1 percent rise in October.

Ahead of these data, the loonie rose…

Crude oil futures inched lower Thursday, a day after the government confirmed another huge drop in U.S. oil inventories.

The Energy Information Administration said crude inventories fell by 6.5 million barrels (bbl) in the week to Dec. 15, compared w…

Gold futures were little changed Thursday morning as traders await a slew of economic data after yesterday’s historic U.S. tax reform.

Gold was down $3 at $1267/oz, holding most of recent gains.

Weekly jobless claims are due at 8:30 a.m. Eastern Tim…

The FTSE 100 (INDEXFTSE:UKX) edged up this morning with support from the energy and mining stocks despite the housebuilders taking a hit from government proposals to change the leasehold system. The blue chip share index rose 0.39%, up 30 points at 7,5…

House builders have bucked a rising FTSE 100 after the government banned the sale of new homes on a leasehold basis and set new ground rents to zero. The government said it had received ‘an overwhelming response from the public’ after consulting on measures in the summer. It said that while …