Spain to Impose 39 billion Euros Austerity Package
Spain is due to set out its austerity budget for 2013 later, against a backdrop of a deteriorating e...
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QE 3.5 to come in December?
MarketWatch ran an article citing Fed Watchers believing a QE3 expansion announcement may come in De...
Asia Closing: USD/JPY unmoved despite sharp rallies in Asia
USD/JPY H1 USD/JPY was relatively muted during Asian hours despite risk correlated asset rallying, p...
Europe Open: Bullish momentum from Asia Session fizzling out
EUR/USD H1 1.29 still remains a significant Support/Resistance level for both bulls and bears especi...
Europe Open: DAX +0.56%, FTSE +0.36%. Fiber rallied but unable to push above 1.29. Cable bulls simiarly kept at bay by 1.6200.
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Spain and Italy are victims of profit seeking market – OECD
Angel Gurria, secretary general of the Organization for Economic Co-operation and Development, said ...
AUDUSD breaks through 1.04, EURUSD moves back towards 1.29, GBPUSD moves back towards 1.62, Gold consolidates around $1755.
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Spains PM, Mariano Rajoy will on Thursday attempt to stave off a backlash from financial markets by announcing budget plans for next year
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Aust dollar has rebounded from a 2 week low amid speculation China will act to support growth in the world’s biggest commodities consumer
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Gold edged up on Thursday (to $1754) after 3 days of losses, but anxiety over the euro zone debt crisis is still in the air, as oil weakened
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Should We Cut Madrid Some Slack – Reasons Not to Lose Faith in Spain
Spain is in turmoil once again and the besieged European country is closer to asking for a financial...
Sales of new homes in US dipped slightly in August from July, but the median price of homes sold during the month rose by a record amount.
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Asian shares rebounded on Thursday but sentiment was vulnerable due to uncertainty over a bailout for Spain and EU’s debt crisis.
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Crude Oil Prices may decrease further – $108 in focus
OPEC is currently pumping oil at record amount, while US oil production has hit highest level since ...
Record Reverse Repo Injection by PBOC bringing bullish sentiment across Asia today. Shanghai Composite Index trading higher +0.56%
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Sudden surge in risk correlated assets: Aussie and Kiwi trading above yesterday’s highs, USD/JPY relatively flat, still trading around Monday’s low.
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Asia Opening: HSI gapped slightly lower today, but immediately reversed losses. Futures trading 200 points higher against opening level.
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Thousands of protestors rallied near the Spanish parliament for a second straight night as bailout spectre returns to haunt Spain.
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Euro trades near 2 week low as protests against EU austerity measures added to obstacles for leaders seeking to stem the debt crisis.
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Yields Could Push Spain into Seeking Bailout
Spain’s Prime Minister Mariano Rajoy on Wednesday said he was ready to seek a new rescue packa...