Government of Mexico has received $ 2.65 billion of income from oil price hedging, done earlier to protect the budget from falling commodity prices, the country's Ministry of Finance reported. This year, the government insured the price of oil at $ 49 per barrel for the amount of 212 million...

Bank of Japan did not shift the focus from expansion of the monetary base on the way to achieving inflation target, Deputy Governor of the Bank of Japan Kikuo Iwata said. The controller will continue large-scale purchase of assets after transition to the new principles of monetary policy and...

JPMorgan Chase & Co., HSBC Holdings Plc and Credit Agricole SA have been fined a total of € 485.5 million ($ 521 million) for manipulations with the European Interbank Offered Rate EURIBOR. Prior to this, the EU antitrust regulators carried out a five-year investigation, Bloomberg reported. The...

While Euro's bond yields dipped in line with U.S. peers as oil saw its first fall for five days, the region held firm on Tuesday, having seen a wild 3-cent swing in the wake of Italy's referendum.   After Europe's main bourses struggled into positive territory as bumper German data helped...

In the wake of Italy's outright rejection of proposed constitutional reforms in Sunday night's referendum, expectations that the European Central Bank (ECB) will announce a six-month extension of its massive, trillion-euro bond-buying program on Thursday.   ECB is...

Citi expects devaluation of the euro against the dollar by 7.5%. to the level of 0.98 euro to the dollar, in the next 6-12 months, the bank said in a report to investors. Now, it is around $ 1.06 per euro. Within three months, the bank's analysts expect a decline to $ 1.05 per euro, and then - for...

178,000 jobs were created in the US economy in November. The unemployment rate fell from 4.9% in October to 4.6% in November. This is the lowest figure since August 2007. Even before data of the Ministry of Labor was published, market of interest rate futures showed 100% probability of rising...

Data that upholds its ranking as the world's fastest-growing economy have been revealed by India once again. But as a cash squeeze engineered by Prime Minister Narendra Modi's government looks set to hit growth in the coming quarters, the South Asian giant may not able to retain that title for...

Masking concern about the protectionist leanings of U.S. President-elect Donald Trump and an OPEC-induced oil price rally, China's factories notched their strongest growth in activity in two years and Japanese firms' order books rose in November.   While activity in Japan's factories was...