Swelling gasoline stocks and a far bigger than expected rise in U.S. unemployment drove oil markets down around $2 on Thursday towards $67 a barrel. In the latest signal the economy of
New Bank of England policymaker David Miles warned that any signs of a rapid economic recovery were likely to prove a false dawn, and joined BoE colleague Tim Besley on Thursday in
U.S. employers cut 467,000 jobs in June, far more than expected, while the unemployment rate rose to 9.5 percent, the government said on Thursday in a report that showed a labor market
The European Central Bank left its main refinancing interest rate unchanged at a record low of 1.0 percent on Thursday, as expected by analysts. Markets are now turning their attention to President
China hopes for diversification of the international currency system in the future and it would be "normal" for the issue to be raised at next week's Group of Eight summit, Vice Foreign
Britain's top share index was down 0.7 percent at midday on Thursday, as equities fell broadly, led lower by energy and mining stocks which fell on retreating commodity prices ahead of key
Euro zone unemployment hit its highest level in 10 years in May, data showed on Thursday, bolstering market expectations the European Central Bank will leave interest rates at record lows for now.
The U.S. economy likely shed a further 355,000 jobs in June and the unemployment rate hit a 26-year high, but for a nation mired in its deepest recession since at least World
Stock futures pointed to a lower open on Wall Street on Thursday, as investors braced for all-important monthly jobs data. At 4:39 a.m. EDT futures for the S&P 500, Dow Jones and
European shares were lower in early trade on Thursday as investors took a cautious stance ahead of U.S. non-farm payroll figures and the ECB rate decision, with banks and commodities the biggest
