Italian Economy to Shrink 1.4 Percent in 2013
Italy’s economy will shrink by 1.4% this year, a much sharper contraction than previously fore...
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USD/JPY – Higher as US Employment Numbers Shine
USD/JPY is pushing higher, and ended last week by edging above the 99 level. In Monday trading, the ...
EUR/USD – Steady as Spanish Employment Numbers Sizzle
EUR/USD has started the week in quiet fashion, after some volatility last week, as the ECB lowered...
Yen Drop Slow and Methodical
Historically, the first Monday after non-farm-payroll usually ends up being the quietest trading day...
Gold Technicals – Descending Channel Keeping Price Below 1,480
4 weeks ago, the strong slide in Gold pulled all commodities with it, bringing Crude, Copper, Platin...
Merkel: EU countries must live within their means, says Europeans disagree on debt crisis.
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German FinMin Schaeuble: Monetary policy can only buy time. No debt sharing without power sharing.
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GBP/JPY – New 2013 Highs Seen, More Perhaps to Come
GBP has been the top performer recently, beating all major currencies for the past week and month. O...
Spaish unemployment figures improves. EUR/USD trading back above 1.31.
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USD/JPY Technicals – Double Top Pattern Invalidated, Triple Top Potential
The double top setup that was looking promising turned out to be a dud. Prices didn’t manage t...
Era Of Austerity Over For France
French Finance Minister Pierre Moscovici declared the era of austerity over after his German counter...
EURUSD eases back to 1.3110, AUDUSD drops back to 1.0275, GBPUSD likewise to 1.5570, USDJPY moves to 99.30, gold at 1475
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New Bank of Israel Govenor to be announced in the next few weeks
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WTI Crude Technicals – Ghost of Bearish Past Banished
The recovery of Oil from 86.0 has been remarkable. Price has broken above the 89.0 – 90.0 resi...
China Services Sector Slowed Sharply in April
Growth in China’s services sector slowed sharply in April to its lowest point since August 201...
AU retail sales fell 0.4% in March, erasing part of the 1.3% jump in February, with falling prices the main cause of the decline
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AU retail sales slip after solid start to 2013. RBA rate decision Tuesday too close to call according to economists
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U.S. Housing Situation Keeps Pressure on Fed
The wealth effect from rising house prices may not be as effective as it once was in spurring the U....
Malaysia’s financial markets witnessed a historic day on Monday as stocks index soared to an all-time high after election result
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Asian shares have generally risen as investors cheered upbeat US jobs data, which added optimism about the US economic outlook
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