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U.S. retail sales increase solidly in boost to economy

24 mins ago DieselGasoil Comments Off on U.S. retail sales increase solidly in boost to economy
WASHINGTON (Reuters) – U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment. FILE PHOTO: A sign is shown in the window of a retail store in San Francisco, California May 13, 2013. REUTERS/Robert Galbraith Read More

Asian shares creep higher as wary investors await U.S. data, earnings

6 hours ago DieselGasoil Comments Off on Asian shares creep higher as wary investors await U.S. data, earnings
SHANGHAI (Reuters) – Most Asian stock markets rose on Tuesday, but gains were limited as investors awaited U.S. retail sales data and corporate earnings to gauge the health of the world’s biggest economy ahead of a likely U.S. rate cut later this month. FILE PHOTO: The German share price index DAX graph is pictured at Read More

Asian shares inch up as cautious investors await U.S. data, earnings

10 hours ago DieselGasoil Comments Off on Asian shares inch up as cautious investors await U.S. data, earnings
SHANGHAI (Reuters) – Major Asian equity indicators nudged higher on Monday as investors awaited U.S. retail sales data and corporate earnings to gauge the health of the world’s biggest economy, with markets remaining focused on a likely U.S. rate cut this month. FILE PHOTO: A man looks at a stock quotation board outside a brokerage Read More

Asian shares tick up, U.S. data, earnings in focus ahead of Fed

12 hours ago DieselGasoil Comments Off on Asian shares tick up, U.S. data, earnings in focus ahead of Fed
SHANGHAI (Reuters) – Asian shares inched up on Tuesday as traders awaited U.S. retail sales data and more corporate earnings to gauge the health of the world’s biggest economy, with markets remaining focused on a likely U.S. rate cut by the end of the month. FILE PHOTO: A man looks at a stock quotation board Read More

China data supports stocks as U.S. earnings season begins

19 hours ago DieselGasoil Comments Off on China data supports stocks as U.S. earnings season begins
NEW YORK (Reuters) – A gauge of global stocks edged higher on Monday after economic data from China came in as expected, although stocks on Wall Street slipped as financials showed some weakness in the wake of Citigroup’s earnings report. Traders work on the floor of the New York Stock Exchange shortly after the opening Read More

Chinese data supports stocks as U.S. earnings season picks up

22 hours ago DieselGasoil Comments Off on Chinese data supports stocks as U.S. earnings season picks up
NEW YORK (Reuters) – A gauge of global stocks advanced on Monday as economic data from China came in as expected, although stocks on Wall Street were little changed as financials showed some weakness in the wake of Citigroup’s earnings report. Traders work on the floor of the New York Stock Exchange shortly after the Read More

Asian shares pull ahead after encouraging Chinese data

1 day ago DieselGasoil Comments Off on Asian shares pull ahead after encouraging Chinese data
SYDNEY (Reuters) – Asian shares advanced on Monday as investors breathed a sigh of relief after encouraging Chinese data suggested the world’s second-biggest economy may be starting to stabilize thanks to ramped-up stimulus from Beijing. FILE PHOTO: Investors look at screens showing stock information at a brokerage house in Shanghai, China May 6, 2019. REUTERS/Aly Read More

Parents of French babies born with deformities angry after official probe yields no answers

3 days ago DieselGasoil Comments Off on Parents of French babies born with deformities angry after official probe yields no answers
A much-delayed government report failed to identify the cause in a spate of arm malformations across France, and despite calls for a more in-depth study, scientists say a definitive explanation may never be found. Commissioned last year, the 265-page report examined 18 cases of congenital deformities since 2007 in four different regions across the country, Read More

Wall Street stocks climb, dollar drops on rate-cut optimism

4 days ago DieselGasoil Comments Off on Wall Street stocks climb, dollar drops on rate-cut optimism
NEW YORK (Reuters) – Wall Street stocks closed higher and the dollar fell on Friday as investors prepared for a U.S. interest-rate cut, while oil futures were little changed as a forecast for a global crude surplus offset worries about U.S. output declines due to a tropical storm. Traders work on the floor of the Read More

Shares flat as investors parse economic data, dollar dips for third day

4 days ago DieselGasoil Comments Off on Shares flat as investors parse economic data, dollar dips for third day
LONDON (Reuters) – World shares came within a whisker of posting their first weekly loss since May on Friday and the dollar was down for a third day running, as even a stronger-than-expected U.S. inflation print failed to shake bets on Federal Reserve interest rate cuts. FILE PHOTO: People walk through the lobby of the Read More