AUD/USD around 0.9150 after the NAB survey showed local business conditions have slumped to their lowest level in 4 years
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Asian Growth a Concern on China Slowing and Fed Plan
A slowdown in China and a pullback in liquidity from the U.S. will negatively impact growth in Asia ...
Survey: U.K. house prices are rising at their fastest pace in more than 3 years, helped by initiatives to reduce borrowing costs
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China Producer Price Index Remains in Deflation
The deflationary spiral in China’s producer prices that has plagued factories in the mainland ...
U.S. Dollar Index Rises Before Fed Minutes
The Dollar Index rose as traders increased bullish bets on the U.S. currency amid speculation the Fe...
AUD/USD – Lower on Chinese Producer Price Index
The latest inflation data from China shows the worst combination that Central Bank PBOC could ask fo...
PBOC enacts bond transaction restrictions in bid to reduce speculation
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US Market Roundup – Stabilizing in wait for earnings season
US Stocks gained ground yesterday, with S&P 500 closing 0.53% higher while Dow 30 climbing 0.59%...
Japan EconMin Amari: Govt wants wage increase to beat inflation
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Optimism or Delusion? IMF Lagarde believes Greece will reach surplus by end 2013
Greece’s budget could be back in surplus by the end of the year, although a lot of work still ...
Paulson Feeling Heat as Gold Fund Dropped 65% YTD
Hedge fund manager John Paulson’s gold fund has lost 65 percent of its worth so far this year ...
Greece receives bailout funds from Euro-Zone
Greece secured a 6.8 billion euro ($8.7 billion) lifeline from the euro zone but was told it must ke...
QE Tapering Will Prevent Market Distortion
Federal Reserve Chairman Ben S. Bernanke has a choice: Sacrifice stimulus by trimming bond purchases...
EURUSD eases back to 1.2860, AUDUSD likewise to 0.9120, GBPUSD around 1.4930, USDJPY at 101.05, gold at 1237
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USD/INR Rupee Recovers to Pre-NFP Record of 60.40
The Indian rupee fell to a record low of 61.21 to a dollar on Monday during the Asian session. The c...
GBP/USD – Pound Fights Back After Recent Losses
The British pound was no match for the surging US dollar last week, losing close to 200 points. The ...
USD/CAD – Loonie struggling above 1.05 Despite Strong Canadian Construction Data
The US dollar continues to look strong against its Canadian counterpart. USD/CAD is trading in t...
Chinese Inflation Forecasted at 2.6 Percent in June
China’s consumer price index (CPI) is likely to grow 2.6 percent in June from a year earlier, ...
China Second Quarter Growth to Slow to 7.5 Percent
China’s economic growth is expected to further slide from a 13-year low as credit tightening a...
Japan’s Registers Current Account Surplus for 4th Month in a Row
Japan logged a current account surplus for the fourth consecutive month in May, as growth in direct ...