Singapore GDP Higher Than Expected on Strong Manufacturing
Singapore’s economy expanded more than economists estimated last quarter as manufacturing rebounde...
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China Seeks Super-Savers Wallets to Boost Economy
China’s campaign to rein in credit growth, a move that’s spread panic among the nation’s autom...
USD/INR Rupee Rebounds to Below 60 on Fed Comments
The Indian Rupee was one of the worst performers in the currency markets in June. It had a decline o...
US Jobless Claims Rise in July
The number of Americans filing for first-time unemployment benefits rose to a two-month high last we...
Fed Member Elizabeth Duke to Resign
Federal Reserve Governor Elizabeth Duke, who had taken a lead role on housing issues at the U.S. cen...
AUD/USD – Aussie Unable to Consolidate Gains After Mixed Australian Employment Numbers
The Australian dollar pushed higher on Wednesday, but coughed up these gains in Thursday trading. AU...
USD/JPY – Yen Soars as Federal Reserve Split over QE
The US dollar was broadly lower on Wednesday, and the Japanese yen took full advantage. USD/JPY dr...
German Central Banker Says ECB Not Bound to Forward Guidance
The European Central Bank has not “tied itself to the mast” with its use of forward guid...
Luxembourg PM Juncker Resigns Due to Spying Scandal
Luxembourg will hold new elections after Prime Minister Jean-Claude Juncker announced he would resig...
EUR/USD – Euro Posts Huge Gains as Fed Split over QE Tapering
The euro rollercoaster continues to take the markets for quite a ride. On Tuesday, dovish remarks...
Oil Price Rises Above $106 due to Political Risks
U.S. oil prices jumped above $106 a barrel Wednesday, their highest level in over a year, as stockpi...
Unemployment in Australia Rises to 5.7% in June
Australia’s unemployment rate rose to 5.7% in June. That’s up on the May figure of 5.6%,...
Half of Fed Voting Members Expect End of QE in 2013
Federal Reserve officials are split on when to end the central bank’s controversial bond-buyin...
Bank of Japan Optimistic About Economy for First Time in Two Years
The Bank of Japan on Thursday lifted its assessment of the Japanese economy for the seventh consecut...
Greece Receives Aid Prepares for September Next Troika Audit
Greece has scraped through its biggest political and financial challenge this year by securing a tra...
Italian Government in Jeopardy over Berlusconi Appeal
The parliamentary leaders of Silvio Berlusconi’s party have demanded the suspension of parliam...
For Now Dollar Bulls Lick Their Wounds
Just when you thought it was safe to get back into the water, along comes a particular wave that sid...
European Stocks trading higher – DAX +1.10%, FTSE +0.77%, Stoxx50 +0.83%
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Crude Oil – Brent/WTI Spread Narrows to below $3 as Crude Rallies
There is just no keeping Crude Oil prices down. WTI rushed to a fresh new 2013 high, hitting above 1...
ECB’s Coeure: low interest rates risk a delay of reforms.
Content is for general information purposes only. It is not investment advice or a solution to buy o...