Global Indices

22 May 12:26 PM China to slash import tariffs on automotive parts, vehicles
Mubasher: China will cut import tariffs on some vehicles and car parts, China's Finance Ministry announced on Tuesday.
17 May 04:19 PM Philly Fed industrial index jumps 34 pts in May
Mubasher: The Philadelphia Fed manufacturing index rose to 34.4 points in May 2018, above economists' expectations, compared to 23.3 points a month earlier.
10 May 03:45 PM US jobless claims unchanged at 49-yr-low of 211,000 in week
Those applying for jobless claims in the US were unchanged in the first week of May, registering the lowest level in 49 years
10 May 03:37 PM Gannett to acquire online marketing firm WordStream for $130m
Mubasher: Gannett Co Inc on Thursday announced that the company has reached an agreement to buy WordStream Inc.  
10 May 02:11 PM Bank of England keeps interest rate unchanged as expected
The Bank of England kept its key interest rates unchanged at 0.5%, in line with analysts’ forecasts.
27 April 12:44 AM Wall St ends Thursday in green
Wall Street rose by the end of Thursday’s session supported by the positive financial results of major blue chip stocks
26 April 09:07 PM European stocks rise after ECB meeting
European stocks rose on Thursday, after the European Central Bank (ECB) meeting
26 April 04:11 PM US trade deficit drops in March
US trade deficit of goods dropped by 10.3% in March
26 April 03:45 PM ECB holds interest rates, QE plan unchanged Thursday
European Central Bank President Mario Draghi has announced that the bank's monetary policy committee has decided to keep interest rates and QE unchanged
26 April 03:35 PM Hershey Q1 net income hits $355.2m; posts better-than-forecast sales
Chocolate maker Hershey Company on Thursday reported a 58% year-on-year hike in its net income for the first quarter of 2018.
24 April 02:05 PM UK public net borrowing declines in March, YoY
Preliminary estimates for the UK’s public sector net borrowing, excluding public banks, fell last month and in the FY ended March from a year ago
23 April 04:02 PM ‘Accommodative monetary policy’ seen ‘necessary’ for Japan inflation -BOJ
Japan's monetary policy needs to remain "accommodative" so that the economy could see its targeted 2% inflation, according to the BOJ governor
23 April 01:28 PM Eurozone output growth stabilises in April
Eurozone business activity maintained a steady pace in April, despite expanding at a notably slower rate than earlier in the year.
23 April 12:30 PM German PMI expands in April; jobs at 3M high
Germany’s private sector gained traction in April, with the pace of expansion stabilising after dropping to an eight-month low in March, according to IHS Markit
20 April 01:42 PM Hong Kong exchange CEO cites confidence in attracting Aramco –WSJ
Hong Kong Exchanges CEO said he was confident that his bourse was to see some strong listings in the future, including attracting Saudi Aramco
19 April 05:56 PM ‘Full-on global meltdown’ in stocks seen ‘too early’ -Goldman Sachs
A Goldman Sachs Asset Management top official has said that there should be no fears of a "global meltdown in equities"
19 April 03:53 PM US jobless claims fall in week ended 14 April
Unemployment claims in the US fell in the week ended 14 April by 1,000 claims
19 April 03:12 PM Eurozone current account surplus falls in February​​​​​​​
The Eurozone’s current account surplus recorded a decline in February from the prior month.
19 April 01:07 PM UK retail sales fall 0.5% in Q1
Retail sales in the UK decreased in the first quarter of 2018
19 April 11:51 AM Oil prices extend to rise on positive stockpile data
Oil prices sustained their increase on Thursday after settling at three-year highs the previous day
18 April 06:03 PM US oil stocks down 1.1m barrels in week
Crude oil inventories in the United States declined by 1.07 million barrels last week
18 April 05:14 PM Morgan Stanley logs $2.66bn profits in Q1
Morgan Stanley profits jumped 38% year-on-year in the first quarter of 2018
18 April 01:50 PM Eurozone inflation rises to 1.5% in March, down YoY
The Eurozone's annual inflation growth registered 1.3% in March, rising from 1.1% a month earlier.
18 April 12:30 PM UK inflation slows to 2.3% in March, misses forecasts
The UK's inflation declined in March to 2.3%, its lowest level in a year
18 April 11:34 AM Starbucks to close 8,000 cafes in US for racial training
US coffee chain Starbucks announced a plan to close more than 8,000 company-owned cafes in the US next month.