OECD Not Optimistic About Lower Unemployment Next Year
A report from a leading international economic body is laying out the hope that unemployment across ...
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US Industrial Output Rises in June
U.S. industrial production rose slightly more than expected in June as manufacturing output picked u...
European Car Sales Drop 5.6 Percent in June
New car sales in Europe suffered their worst June since 1996 with demand falling to 1.134 million ve...
UK Inflation Rate Rises to 2.9 Percent in June From 2.7 Percent in May
The rate of consumer price index (CPI) inflation increased to 2.9% in June, up from 2.7% in May, acc...
EUR Rises Before Bernanke Congress Senate Double Header
The EUR broke through the 1.31 price level in early Asian session trading and continues to hover abo...
USD/JPY – Yen Moves Higher as Markets Eye BOJ Minutes
USD/JPY started the week by pushing above the 100 line. However, the pair could not sustain this upw...
EUR/USD- Euro Posts Gains Despite Weak German Data
The euro has posted gains in Tuesday trading, as the pair has pushed above the 1.31 line in the Euro...
Nikkei 225: Finding Short-Term Support Despite Bullish Over Extension
If you look at Nikkei 225 physical stock index closing price today, you would think that today is a ...
IMF’s Lagarde: Worst is likely behind in East Europe.
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NZD/USD – Housing Market Continue to Rise despite CPI Miss
Q4 CPI for New Zealand came in lower than expected, with Q/Q number coming in at 0.2% vs 0.3% expect...
EURUSD rallies to 1.3090, AUDUSD likewise to 0.9190, GBPUSD settles around 1.5120, USDJPY at 99.60, gold at 1286
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AUD/USD Closes in on 0.92 After RBA Minutes
The Australian dollar rose against its 16 most-traded peers after policy makers said in minutes of t...
European auto sales fall to 17-year low on unemployment
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Moody’s has revised its outlook on Singapore’s banking system from “stable” to “negative”, expressing concern with the debt level rising
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US Treasury’s Brainard: Housing market has turned around
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USD/INR – Limited Impact from RBI Rate Hike
The Reserve Bank of India tried to support the beleaguered Rupee by raising the Marginal Standing Fa...
Asian Development Bank lowers India’s growth projection to 5.8% from 6% for 2013 due to slow progress of economic reforms
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AUD/USD moves to above 0.9190 as RBA says inflation to rise
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AUD/USD – Aug Rate Cut Probability Reduced After RBA Minutes
No new revelation during this round of RBA minutes. The Australian Central Bank reverted to type, sa...
RBA Minutes: low inflation continued to leave the door ajar to a further cut in interest rates if the economy required more support
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