17+ hour, 8+ min ago   (291+ words) ---The daily fixing is Beijing's quietest but clearest tool for telling markets how fast it wants the yuan to move, and lately the message has been to slow down. The People's Bank of China sets the daily USD/CNY reference…...

18+ hour, 52+ min ago   (589+ words) Eyes are not on the kwiwi $ right now: New Zealand's services sector notched its strongest reading since returning to growth, but with sentiment souring and half the sub-indices still in contraction, this looks like a fragile recovery rather than a…...

1+ week, 3+ day ago   (339+ words) Details for the month of August: The Canada employment report for August was weaker than expected. Employment fell by 41.7K, well below the expected gain of 15.0K, with losses in both full-time and part-time positions. Full-time employment declined by 35.9K, while part-time employment…...

3+ day, 15+ hour ago   (264+ words) Her prior comments linking Middle East-driven oil prices above $100 a barrel to inflation risk are the more market-relevant thread to watch for repetition, since any escalation in that language would sit alongside the broader energy-driven inflation story already playing out…...

3+ day, 16+ hour ago   (201+ words) Japan's wholesale prices came in hotter than expected again, leaving the Bank of Japan with little room to avoid a rate hike next week. Shell offloads 609-MW plant for $715M gain, acquires 169-MW PJM gas asset to lift trading returns. US…...

3+ day, 18+ hour ago   (159+ words) New Zealand manufacturing kept growing in August, just at a softer pace, with employment the sub-index worth watching closest. McClatchy slashes 40% of staff in bloodiest round of layoffs, gutting newsrooms nationwide. Tesla's Cybercab ditches steering wheel for hidden joystick, promising…...

4+ day, 3+ hour ago   (308+ words) Is the oil market sniffing out a TACO? WTI hit $100 today for the first time since May and remains up $3.44 at $99.49 but oil stocks aren't cheering. Notably, the strength in oil extends out the curve with January crude also up…...

4+ day, 3+ hour ago   (656+ words) U.S. wholesale inventories increased strongly in July, while sales rebounded following June’s decline. Inventories grew faster than sales during the month, pushing the inventories-to-sales ratio modestly higher. July inventories: $958.9 billion Month over month: +1.3% versus 1.3% expected Year over year: +5.7% The monthly increase…...

4+ day, 9+ hour ago   (869+ words) The European Central Bank is widely expected to raise its deposit rate by 25 basis points to 2.50% today, with the move already fully priced in by the markets. With the rate decision itself unlikely to provide much of a surprise, the…...

4+ day, 5+ hour ago   (283+ words) The euro sold off ahead of the announcement in a broad USD rally but it's bounced slightly to 1.1618. This is the second rate hike this year but was widely signaled ahead of time. Changes to economic forecasts: The ECB raised…...