Europe: Euro Pressured as Volatility Rises on Jackson Hole, FOMC Meeting The euro started the week on a defensive footing amid thin flows as the market’s focus remained fixed on the central bankers’ summit at Jackson Hole, Wyoming later this week, which has kept intact demand for long-volatility trades. Even as odds have diminished that

Getting to the core of global inflation Stock markets have spent the year rising on bets of a resurgence in inflation, while central bankers trying to manage the global economy have spent the same time repeatedly reassuring everyone it's just around the corner. Policymakers gathering at an annual monetary retreat in Jackson Hole, Wyoming in

U.S.:  U.S. jobless claims drop to near six-month low The number of Americans filing for unemployment benefits fell to near a six-month low last week, pointing to a further tightening in the labour market that could encourage the Federal Reserve to lay out a plan to start unwinding its massive bond portfolio. Labour market strength

U.S.: Fed Minutes May Show Battle Lines Hardening Over Soft Inflation Federal Reserve watchers may get a better feel Wednesday for how many policy makers remain resolved to raise interest rates again this year, and how many are wavering amid a five-month stretch of soft inflation reports. Economists and investors are also keen for more

Asia: China's July new loans fall to 825.5 bln yuan, but higher than f'cast Chinese banks extended 825.5 billion yuan ($123.7 billion) in net new yuan loans in July, above analysts' expectations. Analysts polled by Reuters had predicted new yuan loans of 800 billion yuan, down sharply from 1.54 trillion yuan in June. Broad M2

Europe: Signs of Wage Growth Start to Appear in Euro Zone’s North If Mario Draghi, the president of the European Central Bank, is looking for signs of wage growth, he might find comfort in Finland. After delivering the euro zone’s fastest pace of economic growth in the first quarter, Finnish workers have had enough belt-tightening

Asia: China's money rates slightly up on central bank-led cash drain China's primary money rates were slightly up for the week after the central bank drained some cash out of the market, though liquidity stress seen in June has abated and helped check any sharp moves. Traders said market sentiment was unaffected by the small

U.S.: U.S. producer prices record biggest drop in 11 months U.S. producer prices unexpectedly fell in July, recording their biggest drop in nearly a year and pointing to a further moderation in inflation that could delay a Federal Reserve interest rate increase. Other data on Thursday showed an increase in the number of Americans filing

Europe: Drop in German trade activity feeds into global stimulus debate German trade activity slowed abruptly in June, adding to signs that demand in leading economies may be starting to flag just as central banks consider scaling back years of stimulus. Exports from Europe's biggest economy fell by 2.8 percent, the biggest drop since August

U.S.: U.S. payrolls increase more than expected, wages rise U.S. employers hired more workers than expected in July and raised their wages, signs of labour market tightness that likely clears the way for the Federal Reserve to announce next month a plan to start shrinking its massive bond portfolio. The Labour Department said that nonfarm