October 3, 2018

Dollar gains after strong ADP jobs data, Italy weighs on euro

The U.S. dollar gained on Wednesday as data supported the view that the U.S. economy is in strong shape and as concerns about Italy’s budget negotiations […]
October 3, 2018

Oil retreats further from 4-year high as Saudi pumps more

Oil slipped on Wednesday, retreating from session peaks near a four-year high as top exporter Saudi Arabia said it increased output and after Reuters reported that […]
October 3, 2018

North American orders for semi-trucks surge in September

North American orders for Class 8 semi-trucks jumped 92 percent in September as trucking companies continued to struggle with tight capacity in a booming U.S. freight […]
October 3, 2018

U.S. private payrolls growth accelerates in September

U.S. private payrolls recorded their biggest increase in seven months in September, boosted by hiring at construction sites and in the services sector, pointing to sustained […]
October 3, 2018

Italy budget concession hopes switch risk sentiment back on

European shares rose and Italian bonds rallied on Wednesday as some of the worries that have rippled across markets this week were soothed by signs Rome […]
October 3, 2018

Futures rise on hopes of Italy’s budget concessions

U.S. stock futures rose on Wednesday, buoyed by a rebound in European markets after Italy indicated that it was open to reducing its budget deficits in […]
October 3, 2018

VW’s Skoda needs to boost annual capacity by 400,000 cars: CEO

Volkswagen’s Czech carmaker Skoda Auto needs to increase its capacity in Europe by 400,000 cars annually from the start of the next decade, Chief Executive Bernhard […]
October 3, 2018

With rates on the rise, Fed must plan for next downturn, Evans says

With the U.S. economy strong, inflation nearly back to the Federal Reserve’s 2-percent goal, and the Fed’s gradual rate hikes likely to begin mildly restraining growth […]
October 3, 2018

Inflation expectations haven’t gone up as much as wanted: Fed’s Evans

Chicago Federal Reserve Bank President Charles Evans said on Wednesday that U.S. inflation expectations in financial markets hadn’t gone up as much as he would have […]
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