Breaking News
Fed may hike, but US Treasury yields are going to drop, HSBC says
If central banks ever get around to hiking interest rates, they will do so only very slowly, one of the world’s largest brokers predicted on Thursday.
IMF cuts global growth forecast due to commodity slump
The International Monetary Fund trimmed its forecast for the world economy as a result of slower growth in some large emerging-market economies and oil-exporting countries.
US ISM services index declines to lowest level since June
The US services sector grew at their slowest pace since June, figures released on Monday showed.
Glencore boosted by M&A chatter
Glencore shares rocketed at the start of trading on reports of healthy interest in its agricultural business.
S&P upgrades Spain´s long-term debt to BBB+
Spain's gross domestic product will grow fast enough over the coming years to begin stabilising the stock of government debt, so long as the recovery in the labour market continues and deflation risks are kept at bay, Standard&Poor's said.
US labour market cools sharply in September
The US labour market slowed down markedly in September and gains for the prior month were revised lower.
Glencore´s Macaulay splashes out on commodity traders´ shares
William Macaulay splashed out well over a million pounds on shares of Glencore in a vote of confidence in the outfit´s future.
UK labour productivity rises at fastest pace in four years, ONS reveals
UK labour productivity in the second quarter rose at the fastest pace in four years, according to the Office for National Statistics on Thursday.