RBA Minutes: signs of recovery were most evident in the housing market where approvals to build new homes have risen
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RBA Minutes: there were increasing signs that low interest rates were beginning to spur sectors of the economy outside of mining
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RBA Minutes: the sharp fall in the AUD/USD would add “a little” to inflation over time, with it set to remain within the RBA’s 2-3% range
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US Market Roundup – Higher despite Bad News
A slow day for US stocks with prices trading mostly flat once again. Dow 30 gained 0.13% while S&...
USD/JPY to 99.80 as BOJ May Extend Monetary Easing
The yen held a two-day loss against the dollar before central bank statements this week that may sig...
USD/CAD to 1.0440 After US Retail Sales
The Canadian dollar declined, trimming a gain last week that was the biggest since December 2011, as...
AUD/USD moves to above 0.9150 after release of RBA minutes
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RBA Minutes: RBA says their policy is appropriate after drop in AUD/USD; has scope to cut further
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China’s Slowdown to Impact Europe
China’s growth data may have been welcomed with a sigh of relief by markets, but it is unlikel...
China’s Domestic Consumption is Stalling
China’s push to get consumers to open their wallets more and refocus the economy on domestic c...
AUD/USD trading higher after PM Rudd’s carbon tax removal talk
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Portuguese Deadline for Austerity Resolutions Set on 21st July.
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Gold Prices Suggest Lower QE Tapering Expectations
Gold has made a comeback over the last week hovering on the brink of $1,300 an ounce supported by do...
India Raise Rates from 8.25% to 10.25% in response to Record Low Rupee
India stepped up efforts to help the rupee after its plunge to a record low, raising two interest ra...
China’s GDP to hit 4-5% by 2020 – Societe Generale
China’s economy will continue to slow, a number of high profile analysts said on Monday, forec...
EURUSD settles around 1.3060, AUDUSD around 0.9100, GBPUSD around 1.5100, USDJPY at 99.90, gold at 1284
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Fitch Cuts European Rescue Loan Fund to AA+
Fitch Ratings has cut its credit grade for the European fund that provides rescue loans to Greece, I...
Spain Could be Facing Texting Scandal as PM tied to Corruption Scandal
Spain’s Prime Minister Mariano Rajoy is facing renewed pressure to step down after the country...
IMF Warns Europe About Trading Tax
The IMF raised doubts about a tax on financial trading a group of European states is due to bring in...
Canadian Cabinet reshuffle does not affect economic members. Finance Minister remains.
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