Iraq news

12:48 AM Trump wants Fed to stop interest hikes  
Mubasher: The President of the United States hopes that the Federal Reserve will not be raising interest rates anymore
12:40 AM US budget deficit up 48% in November 
The United States saw a jump in the budget deficit in November, due to an increased public spending.
12:34 AM Oil settles with big gains 
Oil prices ended today's trading session on a higher note supported by plans by major producers to cut crude output
12:26 AM Gold settles lower Thursday 
Gold prices declined on Thursday, with the US dollar showing a strong performance against major currencies
13 December 06:34 PM US natural gas storage drops as prices surge
The US natural gas inventories dropped by 77 billion cubic feet (Bcf) in the week ended 7 December to a total of 2,914 Bcf.
13 December 06:30 PM ECB’s head sees economic risks ‘moving to downside’
The European Central Bank President Mario Draghi warned that economic risks facing the Eurozone are now “moving to the downside.”
13 December 05:00 PM US weekly jobless claims drop 27,000 in early December
US unemployment claims dropped 27,000 week-on-week to 206,000 claims in the week ended 8 December, data released on Thursday showed.
13 December 04:50 PM US import prices record largest drop in 3 yrs
The costs of the US import dropped in November, helped mainly by lower fuel prices, data released on Thursday showed.
13 December 04:02 PM ECB holds interest rates; QE to end in December
The European Central Bank on Thursday decided to keep its key interest rates on hold.
13 December 03:48 PM Turkey C.bank holds interest rate unchanged
Turkey's central bank on Thursday kept its benchmark rate unchanged.
13 December 03:31 PM Swiss C.bank maintains ultra-loose policy, slashes inflation outlook
Switzerland's central bank left its expansive monetary policy unchanged, lowering its inflation forecast for next year citing strong Swiss franc and economic downside risks.
13 December 02:59 PM Norway C.bank puts rate on hold, expects slower tightening pace
Norway's central bank left its benchmark interest rate unchanged, but said it would tighten cost of borrowing at a slightly slower pace than previously planned.
13 December 01:47 PM Global oil supply could tighten more rapidly in 2019–IEA
The global oil market could shift into supply shortage sooner than expected, the International Energy Agency said on Thursday.
13 December 12:51 PM Apple plans to establish $1bn campus in Texas
Apple on Thursday said that it would invest $1 billion to build a new campus in Texas, with another $10 billion for new data centres.
Brent crude, February futures, added 0.5%
13 December 12:33 PM Kuwait crude oil adds 79 cents on Wednesday – KPC
Mubasher: The price of Kuwait’s crude oil increased by 1.35% or 79 cents to settle at $58.90 per barrel on Wednesday compared to $58.11 pb in the previous session, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the …
13 December 12:24 PM Philippines holds key rate after hiking streak on cooling inflation
The Philippine central bank held its benchmark interest rate steady, for the first time in six meetings as inflation pressures cooled, and the peso strengthened.
13 December 12:05 PM 7 killed, dozens injured in Turkey train collision
Seven people were killed and 46 others were injured in Turkey, after a high-speed train collided with another rail engine, crashing into a pedestrian overpass.
13 December 11:39 AM Gold edges up as US dollar down, stocks gain
Gold prices almost rose on Thursday as the dollar went down, while stocks climbed on indication of easing tensions between the US and China.
13 December 11:02 AM Oil hikes on lower US stockpile, easing trade tensions
Oil edged up on Thursday, driven by a drop in US crude inventories, with Beijing taking concrete actions to implement a ceasefire with Washington.
13 December 12:55 AM May wins vote of confidence
British Prime Minister Theresa May has won a vote of confidence in her leadership of the Conservative Party on Wednesday
12 December 11:47 PM Oil prices ends Wednesday on lower note
Oil prices settled lower despite rising earlier in the session after data showed that crude inventories declined for the second week
12 December 11:42 PM Gold settles higher as USD weakens
Gold prices rose on Wednesday for the first time in three sessions.
12 December 07:09 PM EU parliament approves free trade accord with Japan
The European Parliament gave its consent to a draft free-trade accord with Japan, which was dubbed as the largest bilateral trade deal by the EU.
12 December 06:35 PM US crude inventories fall as oil prices climb
US crude oil inventories declined by 1.2 million barrels to 442 million barrels in the week ended 7 December.
12 December 06:04 PM Germany to support EU sanction extension against Russia – Merkel
Germany would back an extension of the European Union’s sanctions against Russia at an upcoming summit of the bloc’s leaders, Chancellor Angela Merkel said.