A new market test lies ahead for Greece as it prepares its 2019 budget

The budget is the country's first in nearly a decade without being subject to a bailout program....(read more)

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ISM manufacturing index hits 59.8 in September; construction spending up 0.1% in August

Manufacturing activity expanded at a slower-than-expected pace in September, according to data from the Institute of Supply Management....(read more)

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OPEC 'powerless to prevent' oil prices jumping toward $100 a barrel this year

OPEC kingpin Saudi Arabia is ill-equipped to prevent a supply shock in the energy market, analysts told CNBC on Monday, as oil traders prepare for the possibility of $100 a barrel before year-end....(read more)

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Slight Increase in Mortgage Rates in September

The Federal Housing Finance Agency reported that mortgage rates on purchases of newly built homes (MIRS) rose by three basis points over the month of September 2018 to 4.63 percent, marking the tenth consecutive monthly increase. The FHFA contract rate for newly-built homes, also inched up one basis points to 4.63 percent in September. Information compiled by Freddie Mac suggests... Read More ›...(read more)

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Budget anxiety keeps pressure on Italy's bond market

Budget anxiety keeps pressure on Italy's bond market...(read more)

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Trump hails 'historic' Canada, Mexico trade pact

Donald Trump on Monday praised Canada's entry into a reworked NAFTA pact with the United States and Mexico after the two countries forged a last-minute agreement to salvage the trilateral trade accord, delivering a key win for the U.S. president....(read more)

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U.S. housing market faces '5-percent' test

The U.S. housing market, already struggling with tight inventory and rising building costs, faces a fresh headwind as 30-year mortgage rates rise close to the 5 percent threshold for the first time in years....(read more)

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