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Eurozone Industrial Output Stagnates

India, Aug. 13 -- Eurozone industrial production stagnated in June after rising for four straight months, official data showed Thursday. Industrial output remained flat on a monthly basis in June fol... Read More


DAX Rises As Oil Prices Drop

India, Aug. 13 -- German stocks climbed higher Thursday morning as oil prices fell despite concerns about Middle East tensions and uncertainty surrounding the reopening of the Strait of Hormuz. Inflat... Read More


European Shares Modestly Higher As Oil Prices Ease

India, Aug. 13 -- European stocks were broadly higher on Thursday as oil prices slipped on expectations of weakening demand and softer U.S. inflation data eased concerns over the possibility of a near... Read More


South Korea Export Prices +0.1% On Month, +49.1% On Year In July

India, Aug. 13 -- Export prices were up 1.0 percent on month in July, the Bank of Korea said on Friday - after easing 0.1 percent in June. On a yearly basis, export prices surged 49.1 percent, up fro... Read More


Spain Inflation Rises To 3.6%; Exceeds Estimate

India, Aug. 13 -- Spain's inflation rose more than estimated in July, final data from the statistical office INE showed Thursday. Consumer price inflation accelerated to 3.6 percent in July from 3.2 ... Read More


U.S. Dollar Ends Roughly Flat Amid Stalemate In U.S.-Iran Talks, PPI Data Release

India, Aug. 13 -- The U.S. Dollar value ticked higher as investors assessed the softer producer price index numbers which eased concerns of an immediate rate hike in the U.S. while the efforts to brea... Read More


30-Year Mortgage Rate Falls To 6.67%

India, Aug. 13 -- Mortgage finance company Freddie Mac (FMCC) on Thursday said mortgage rates, or interest rates on home loans, edged lower this week. The 30-year FRM averaged 6.67% as of August 13, ... Read More


Applied Materials Q3 Profit Rises As Revenue Jumps 25%

India, Aug. 13 -- Applied Materials, Inc. (AMAT) reported on Thursday a 43% increase in third-quarter profit, driven by strong demand for semiconductor manufacturing equipment fueled by artificial int... Read More


Antipodean Currencies Fall Amid Middle East Tensions

India, Aug. 13 -- The antipodean currencies such as the Australia and the New Zealand dollars weakened against other major currencies in the Asian session on Thursday, as traders remain cautious amid ... Read More


Asian Shares Mixed Amid Hormuz Impasse

India, Aug. 13 -- Asian stocks ended mixed on Thursday even as technology shares extended gains on renewed optimism over artificial-intelligence spending. Investors closely monitored oil price moveme... Read More