OPEC+ December compliance at 129%
7h ago
  • German producer prices up 2.3% in December
    German producer prices up 2.3% in December
    1/19

    Producer prices in Germany increased 2.3% in December compared to the same month last year, the country’s national statistical office, Destatis, announced on Friday. In November, the producer price index was up 2.5%. In the whole 2...

  • Fed's Mester: interest rate increases 'appropriate'
    Fed's Mester: interest rate increases 'appropriate'
    1/19

    Cleveland Federal Reserve Bank President Loretta Mester said on Thursday that further increases in interest rates "will be appropriate" this year and next year, at a pace similar to last year’s, if the economy evolves as ...

  • Fed's Dudley: Tax cuts may get inflation too high
    Fed's Dudley: Tax cuts may get inflation too high
    1/18

    William Dudley, outgoing chief of the Federal Reserve Bank of New York, told the Financial Times the balance of risks for the United States economy is shifting to potential overheating, away from the impact of very low inflation. In an i...

  • EIA: US crude inventories down by 6.9 million barrels
    EIA: US crude inventories down by 6.9 million barrels
    1/18

    United States oil inventories decreased by 6.9 million barrels to 412.7 million barrels for the week ending January 12, the US Energy Information Administration (EIA) reported on Thursday. In the week before that, crude oil stocks fell...

  • US housing starts decline 8.2% in December
    US housing starts decline 8.2% in December
    1/18

    Housing starts in the United States decreased 8.2% % to 1,192,000 in December compared to November's revised estimate of 1,299,000, the US Census Bureau and Department of Housing and Urban Development announced on Thursday. According...

  • US initial jobless claims fall by 41,000 to 220,000
    US initial jobless claims fall by 41,000 to 220,000
    1/18

    Initial jobless claims in the United States for the week ending January 13 dropped by 41,000 to 220,000 compared to the previous week's unrevised figure of 261,000, the US Department of Labor reported on Thursday.

    The insured...

  • OPEC lifts global oil demand growth forecast
    OPEC lifts global oil demand growth forecast
    1/18

    Organization of the Petroleum Exporting Countries (OPEC) stated in its monthly report for January that it expects its crude production to amount to 33.1 million barrels per day in 2018, which is 0.2 million barrels per day higher than th...

  • Chinese economy grows 6.9% in 2017
    Chinese economy grows 6.9% in 2017
    1/18

    China's economy grew 6.9% in 2017, the country's National Bureau of Statistics said in a report released on Thursday, while in the fourth quarter of last year it grew 6.8%, unchanged compared to the previous quarter's data an...

  • Tax cuts, high employment warrant rate hikes: Kaplan
    Tax cuts, high employment warrant rate hikes: Kaplan
    1/17

    President of the Federal Reserve Bank of Dallas Robert Kaplan said on Wednesday that inflationary pressures are increasing and that policymakers in the United States need to act "sooner rather than later" with interest rate inc...

  • Fed's Evans: Tax overhaul to lift investment, economy
    Fed's Evans: Tax overhaul to lift investment, economy
    1/17

    Charles Evans, president of the Federal Reserve Bank of Chicago, expressed belief the tax reform that is being implemented in the United States would increase economic growth on a sustainable basis this year and next. In a speech on Wedn...

  • Fed's Beige Book sees modest-moderate economic growth
    Fed's Beige Book sees modest-moderate economic growth
    1/17

    Economic activity across the twelve Federal Reserve Districts in the United States continues to grow at a modest-to-moderate rate in the period from late November until the end of the year, according to the Fed's Beige Book published...

  • NAHB housing market index declines to 72
    NAHB housing market index declines to 72
    1/17

    The seasonally adjusted preliminary housing market index declined to 72 in January, after previously hitting an 18-year high in December at 74, the National Association of Home Builders reported on Wednesday. In January 2017 the index st...

  • US industrial production up 0.9% in December
    US industrial production up 0.9% in December
    1/17

    Industrial production in the United States rose 0.9% in December compared to the previous month, the Board of Governors of the Federal Reserve said on Wednesday. The index marked the largest annual increase since 2010 as it gained 3.6% f...

  • Eurozone construction output up 0.5% in November
    Eurozone construction output up 0.5% in November
    1/17

    Production in the construction sector in the euro area increased 0.5% in November, compared to the previous month, according to data released by Eurostat on Wednesday. The rise is a result of civil engineering climbing by 1.1% and buildi...

  • Euro area inflation down to 1.4% in December
    Euro area inflation down to 1.4% in December
    1/17

    The annual inflation in the Eurozone stood at 1.4% in December, down from November's figure of 1.5%, according to the statistical office of the European Union Eurostat release on Wednesday. The rate marks a decrease from November las...