Commodities
Federal Reserve hikes rates, inflation not yet sustainably at 2.0%
The US central bank tightened policy as expected on Wednesday, with the tone of its policy statement at first glance appearing to signal that it might step up the pace of tightening a bit, according to some market observers.
White House set to move ahead with tariffs on Chinese goods
The US may levy tariffs on tens of billions of dollars-worth of Chinese-made goods over the next week, perhaps as soon as Friday.
Bitcoin's meteoric rise was the result of manipulation, new report says
As much as half of the Bitcoin boom in 2017 may have been part of a campaign of price manipulation, according to a new paper by John Griffin, an academic known for his ability to spot fraud in financial markets.
Commodities: WTI gains on weekly stockpile data, despite record US crude output
Commodity prices were mostly higher on Wednesday, as the US dollar eased lower and following the release of a bullish set of weekly crude oil inventory figures.
US producer prices rise more quickly than expected in May
Wholesale prices in the US rose more quickly-than-expected last month, on the back of almost across-the-board increases.
Spanish government moves to re-index pensions payments to CPI
Pushed by the new Socialist government in power, Spanish lawmakers have agreed to link annual public pension payments to consumer price inflation.
Euro area employment continues to rise past pre-crisis peaks
Levels of employment in the single currency bloc pushed further above their crisis peaks in 2008 over the course of the first quarter of 2018, led by the Netherlands, Germany and Spain.
Glencore's Katanga settles DRC legal dispute over Kamoto
Glencore’s Katanga Mining subsidiary has settled a legal dispute with its state-owned joint venture partner in Democratic Republic of the Congo that threatened to dissolve Katanga’s DRC operating subsidiary Kamoto Copper Company (KCC).