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The European Central Bank's decision to extend its liquidity operations is absolutely not a monetary policy signal, European Central Bank President Jean-Claude Trichet said on Thursday. "There is no signal of monetary policy in this decision taken on three-month operations," Trichet said. "I'm a...

UK house prices fell for the second consecutive month in August, the first time they have done so since February 2009, according to the latest Nationwide House Price Index. The Nationwide house price survey is the third to be published for August and joins Hometrack and Rightmove in reporting acc...

Auto sales, once a bright spot in the economic recovery, grew fainter last month. The pain was widespread. Big car companies General Motors, Ford and Toyota all saw sales slip. Smaller automakers like Subaru suffered too, as did companies that appeal to the budget minded, such as Kia and Hyundai....

Crude oil in continuing to make headway on Wednesday as the global rally in equities overran a larger than expected build in U.S. weekly crude oil inventories. ...

The Riksbank is expected to raise its key repo rate by 25 basis points to 0.75% after its meeting on Thursday, with the market focusing on whether the Swedish central bank will adjust its forward-looking rate path, analysts said. The Riksbank's rate setters are struggling to balance a relatively...

The U.S. dollar has strengthened against the yen and euro, but underperformed the Australian and Canadian dollars on the back of news that manufacturing activity unexpectedly accelerated in August. ...

The UK manufacturing sector's rate of expansion slowed sharply in August, with the data suggesting third quarter manufacturing output will be markedly weaker than in the second. The August Markit/Chartered Institute of Purchasing and Supply index, published by Reuters, came in at 54.3, down from...

The UK manufacturing sector's rate of expansion slowed sharply in August, with the data suggesting third quarter manufacturing output will be markedly weaker than in the second. The August Markit/Chartered Institute of Purchasing and Supply index, published by Reuters, came in at 54.3, down from...

Growth in Switzerland's manufacturing sector slowed markedly in August, a key survey of purchasing managers showed on Wednesday, adding to signs that the economy's brisk recovery is flattening out. The Swiss purchasing managers' index (PMI) fell to a seasonally-adjusted 61.4 points in August fro...

Germany's retail sector contracted more than even the most pessimistic forecasts had suggested in July, leaving turnover down for the second consecutive month, the Federal Statistical Office reported on Wednesday. Falling 0.3% on the month and matching June's slide, retail sales managed only a m...