USD/SGD – Finance Minister says No Rate Cuts
No stimulus needed. Singapore Finance Minister Tharman Shanmugaratnam was clear in his words. Instea...
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Indonesian Inflation Rising – Rate Cut by Central Bank Unlikely
Indonesia’s headline inflation rate is forecast to have continued accelerating in February, econom...
AUD/USD – 5 month low Chinese PMI unable to dent price
Chinese official Purchasing Managers’ Index (PMI) came in at 50.1 after seasonal adjustments. ...
Fed’s Evans: Talks about reducing QE ‘premature’
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Fed’s Evans: 2.5% Inflation Threshold unlikely to be breached
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Crude Oil Technicals – Volume Boom, Price Bane
Feb is proving to be a bad month for Crude, as price slid down once more on Thursday due to reports ...
Fisher Wants Fed to End QE
With the economy starting to improve, the Federal Reserve should begin to end its bond purchases, Ri...
Senate Bills to Postpone Sequester Rejected
Automatic federal budget cuts of $85 billion looked certain to kick in Friday after a pair of bills ...
EURUSD eases back to 1.3060, AUDUSD likewise to 1.0220, GBPUSD settles around 1.5170, USDJPY moves to 92.60, gold at 1580
Content is for general information purposes only. It is not investment advice or a solution to buy o...
US Labor Market Improves With Lower Unemployment Claims
First-time claims for unemployment benefits fell sharply last week, according to a government report...
IMF Warns US Growth Forecast Will Fall if Sequester is not Avoided
The International Monetary Fund warned on Thursday it will likely cut its growth forecasts for the U...
Survey Shows 40 percent of Economists Polled Expect BoE to Increase size of QE
Chances are rising that the Bank of England will decide to start buying assets again next week to su...
US Senate Confirms Jack Lew as Treasury Secretary
The Senate voted on Wednesday to confirm Jack Lew as U.S. Treasury secretary. Lew, 57, most recently...
UK to Challenge EU Banker Bonus Cap
Britain is to challenge an EU agreement to slash bankers’ bonuses at a meeting of European fin...
India to Increase Public Spending and Tax Rich in 2013
India’s finance minister has announced an unexpected rise in public spending for the next fina...
US GDP Grows Slowly in 2012 4Q at 0.1 percent
The U.S. economy barely grew in the fourth quarter although a slightly better performance in exports...
GBP/USD – Little Change After Mixed US Data
GBP/USD continues to trade in the high-151 range in Thursday trading. The pound touched above 1.52,...
USD/CAD – Higher as US & Canada Release Mixed Numbers
USD/CAD has edged higher in Thursday trading. The pair posted gains in the European session, and was...
AUD/USD – Unsteady as Aussie Data Disappoints
AUD/USD showed some volatility in early Thursday trading. The pair touched below the 1.02 line in th...
Japan government forecasts +2.5% growth in FY ’13/14
Content is for general information purposes only. It is not investment advice or a solution to buy o...