International News
US CPI in line with forecasts in December
US consumer prices rose in December, driven by gains in prices for energy, second-hand autombiles and medical care commodities.
US close: Stocks end mostly higher as investors digest earnings, Yellen comments
US equity markets ended mostly higher on Wednesday, while the dollar gained ground following comments from Federal Reserve chair Janet Yellen, although banking heavyweights Goldman Sachs and Citigroup ended in the red.
Fed funds rate headed towards 3% over medium-term, Yellen says
Policy interest rates in the US might rise towards 3% by the end of 2019, the head of the US central bank told an audience.
Mexican peso, Canadian Loonie hit by report US to re-open NAFTA deal
Mexico´s peso hit a fresh record low on Wednesday evening after The Globe and Mail reported that incoming US trade chief Wilbur Ross had notified the Canadian government of the new American administration´s intention of renegotiating two key pieces of the 1994 North American Free Trade Agreement.
Europe close: Stocks end on mixed note but at best levels of the day
European stocks finished on a mixed note on Wednesday, albeit at their best levels of the day, as investors digested earnings from Pearson, ASML and Burberry and Eurozone inflation data.
Citigroup shares fall slightly after mixed earnings report
Citigroup increased its profit year-on-year in the final quarter of 2016 by 7%, according to the company's earnings release on Wednesday.
How to trade in the financial markets, FXTM´s Thalassinos explains
- Written by Andreas Thalassinos, head of education at FXTM .
US open: Stocks little changed despite upbeat Goldman Sachs, Citi earnings
US equity markets were little changed on Wednesday, even though banking heavyweights Goldman Sachs and Citi posted positive earnings, while the dollar rebounded from the previous session's Donald Trump inspired fall.
US industrial production jumps in December
US industrial production jumped at the tail-end of 2016 as utilities output soared, albeit amid downwards revisions for data from prior months.
Goldman Sachs beats analysts' estimates
Investment bank Goldman Sachs reported its fourth quarter earnings on Wednesday, comfortably exceeding forecasts from analysts to earn $5. 08 per share on revenue of $8. 17bn.
Brent crude futures fall as IEA chief forecasts higher supplies
Then current oil prices would definitely trigger a "strong" supply response from US alternative oil producers, the chief of the rich-world´s energy watchdog said.
IMF chief Lagarde warns global middle class could soon be in 'crisis'
Christine Lagarde, the head of the International Monetary Fund, has said that the middle classes of the global economy are close to crisis.
Chipmaker Qualcomm to face antitrust lawsuit in US
The Federal Trade Commission in the United States has decided to bring an antitrust lawsuit against Qualcomm Inc, a major producer of microchip technology for smartphones.
US drug prices should increase: Pfizer CEO Read
The CEO of Pfizer, one of the largest pharmaceutical firms in the United States, has said that the best way to make drug prices in the country more competitive is by initially increasing them.
Asia report: Markets mostly higher ahead of Trump inauguration
Markets in Asia managed to finish mostly higher on Wednesday, ahead of Friday;s inauguration of US President-elect Donald Trump.
US pre-open: Stocks seen flat as Goldman, Citi earnings eyed
US futures pointed to a broadly flat open on Wall Street as investors awaited earnings from banking heavyweights Goldman Sachs and Citigroup and a speech by Federal Reserve chair Janet Yellen.
Eurozone inflation rises as expected in December
Inflation in the 19 countries that share the euro rose as expected in December, according to final data released by Eurostat on Wednesday.
Obama commutes Manning sentence in one of final actions as president
Barack Obama is set to free Wikileaks whistleblower Chelsea Manning in one if his last acts as US President.