UK Treasury: Economy showing balanced growth. Export and investment growth encouraging.
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USD/SGD – Higher Inflation but Slower Housing Growth
Singapore’s July Consumer Price Index gained +1.9% Y/Y , 15 bps lower than analysts consensus ...
EUR/USD Technicals – Bears Remaining Under 1.3365
Fundamental Bulls vs Technical Bears – Winner: Technical Bears. In the latest round of eternal...
US Market Roundup: Stocks Higher Despite Slightly Weaker US Economic Numbers
US Stock traded higher despite a 3-hour trading disruption in the Nasdaq Stock Market. S&P 500 g...
Gold Demand Increases Across Asia
As a side note, this increase in Gold demand may weaken Asian currencies further as Gold imports are...
Jobless Claims Higher Than Expected But Remain Low
The number of Americans filing new claims for unemployment benefits rose last week but held close to...
Nowotny: Good economic news removes need for rate cut
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ECB’s Nowotny: Too soon to determine if Greece requires new bailout
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US Manufacturing Grows in August
Activity in the US manufacturing sector grew at its fastest pace for five months in August, with a p...
Nasdaq Resumes Trading After Shutdown
Trading resumed on the Nasdaq exchange after a three-hour shutdown that halted trading in such high-...
Market Was Disappointed by Fed Minutes Not Offering Any Insight
Minutes of the US Federal Reserve’s July meeting revealed few clues about the central bankR...
Fed Minutes Hurt Asian Markets
Shares and currencies in emerging Asian economies were hit by fears the US may scale back its bond-b...
Business Activity in the Eurozone Grows to 2 Year High
Eurozone business activity grew at its fastest pace for 26 months in August, according to a closely-...
GBP/USD – Pound Loses Ground After Fed Minutes Release
The US dollar has reversed direction and is posting gains against the British pound. In Thursday...
USD/CAD – Canadian Dollar Drops As Retail Sales Falter
The Canadian dollar continues to lose ground against its US counterpart. USD/CAD has pushed above th...
China Manufacturing Activity Hits Four Month High
Activity in China’s key manufacturing sector recovered strongly in August, a preliminary surve...
US Weekly Unemployment Claims Rise by 13,000
In the week ending August 17, the advance figure for seasonally adjusted initial claims was 336,000,...
Global Recovery Boosts Stocks and Euro
The global economy showed signs of improvement on Thursday with factory output improving in two of t...
Loonies Remains On the Back Foot Trading 1.0500 After Disappointing Sales -0.6%
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AUD/USD – Aussie Struggling Close to 0.90 Level
The Australian dollar has been pointed in a downward direction all week and briefly fell below the...