GENEVA, Dec 12- Airlines lobby group IATA has raised its forecast for airline profits this year by 10 percent and predicted passenger numbers topping 3 billion for the first time, reflecting lower jet fuel costs, improved efficiency and global economic growth.» Read More
CNBC's Steve Liesman talks with Charles Bean, Bank of England deputy governor, about whether quantitative easing works; the usefulness of forward guidance, and why QE is impacting global currencies.
A housing crash, rising unemployment and weak growth leaves the AAA-rated Netherlands teetering on the brink of a credit downgrade. But analysts said more is at risk than the country's perfect credit rating.
ORLANDO, Fla., Aug 22- The U.S. economy can withstand a reduction in the Federal Reserve's stimulative asset-purchase program, even though the easy-money policies have boosted U.S. manufacturers and other companies, a top central bank official said on Thursday.
The performance of Germany- the euro zone's biggest economy- is crucial to the bloc's fortunes, and stronger-than-expected German and French growth helped pull the currency area out of recession in the second quarter.
*Weekly jobless claims near 6- year low, boost jobs outlook. WASHINGTON, Aug 15- The number of Americans filing new claims for jobless benefits fell to a near six-year low last week and consumer prices rose broadly in July, which could draw the Federal Reserve closer to trimming its massive bond buying program. Shares on Wall Street fell sharply and yields on U.S.
LONDON, Aug 15- German bond yields hit their highest since March 2012 on Thursday as an improved economic outlook for the euro zone prompted investors to dump safe-haven paper.
*Unrest in Egypt sends Brent crude towards $111 a barrel. LONDON, Aug 15- European shares edged lower from 10- week highs and the dollar softened on Thursday as worries about the next step in U.S. monetary policy offset a brighter economic picture in Europe.
*Fed buys $1.509 billion long-dated Treasuries. NEW YORK, Aug 14- U.S. But on Wednesday weaker-than-expected readings on U.S. producer prices in July fanned expectations that inflation would stay below the Fed's target, keeping the central bank from a quick cut to its $85 billion a month in bond purchases. "
*Wall Street struggles for direction, volume low. *Europe shows signs of momentum, France out of recession. Wall Street has struggled for direction recently, with the S&P 500 trading in a narrow range over the past month.
*Glencore production climbs by fifth. LONDON, Aug 14- Copper prices rose on Wednesday as data showing a recovery in the euro zone economy and optimism about the outlook for growth in top metals consumer China boosted confidence about demand for industrial materials.
TOKYO, Aug 14- The dollar clawed back ground against the yen and Japanese shares surged late in Wednesday's session, but stocks fell in much of Asia after U.S. sales data reinforced expectations that the Federal Reserve will soon pare its stimulus.
TOKYO/ SYDNEY, Aug 14- The dollar held broadly firm on Wednesday as traders turned their attention to the next batch of U.S. economic data that could make or break the case for the Federal Reserve to start trimming its stimulus as early as next month.
Kathy Lien, Managing Director of FX Strategy of BK Asset Management says that while there are some green shoots evident in the Euro Zone, the region's battle against recession is far from over.
LONDON, Aug 13- Ten-year Bund yields hit their highest for seven weeks on Tuesday after forecast-beating German data cemented expectations the euro zone was crawling out of a long recession and on signs the U.S. economy was gaining steam.
NEW YORK, Aug 13- The dollar rallied to a one-week high against both the euro and yen on Tuesday after a key gauge of U.S. consumer spending rose at its fastest pace in seven months, strengthening expectations for the Federal Reserve to wind down its stimulus.
LONDON, Aug 13- Ten-year Bund yields hit their highest for seven weeks on Tuesday after a forecast-beating German business morale survey cemented expectations the euro zone was crawling out of a long recession.
Zombies ... they're everywhere! Well, now they're not just eating your brains and making you run for you're life, they're also teaching math and helping you find a job.
*MSCI's world share index ends three-day losing streak. China reported exports and imports rose surprisingly strongly in July, easing fears that a slowdown in the world's second largest economy would threaten the improving outlook in Europe and the fragile U.S. recovery.
*Germany, UK factory data extends upbeat trend. LONDON, Aug 6- European shares and the euro strengthened on Tuesday as investors welcomed a steady improvement in the region's economic outlook, while Australia cut interest rates to ease the impact of an end to its mining boom.
Alberto Gallo, head of European Macro Credit Research at RBS, tells CNBC that while there are some tentative signs of recovery in Italy, the country is still far from growth.