Japanese Government Prepares Corporate Tax Cut Intended to Boost Wages
The government plans to specify the proposed end of a special corporate income tax surcharge for rec...
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Eurozone Inflation Drops in September
Euro zone inflation fell faster than expected in September to its lowest since February 2010, signal...
Italian PM Will Seek Vote of Confidence This Week
Italian Prime Minister Enrico Letta said he would go before parliament on Wednesday for a confidence...
Portuguese Voters Punish Austerity Government
Portuguese voters punished the ruling Social Democrats for painful austerity under an EU/IMF bailout...
Berlusconi Calls for Elections in Italy
An embattled but bellicose Silvio Berlusconi called on Sunday for fresh Italian elections to be held...
Troika Pauses Greek Third Bailout Mission
Greece’s international lenders called a temporary halt to their latest mission to Athens on Su...
Divisions on Healthcare Could Shutdown US Government
The US government has less than 48 hours to avert a shutdown of government services amid political d...
Asian Stock Markets Fall With Looming Threat of US Shutdown
Asian markets have fallen on fears that the US may be heading for a shutdown of government services....
US and Italy Face Political Crises
Financial markets have been hit by the prospect of a US government shutdown and a crisis for Italy&#...
Japanese Industrial Output Drops But Optimism Remains
Japan’s industrial output slid 0.7 percent in August after a hefty gain the previous month, bu...
Japan Retail Sales Rise in August
Japanese retail sales rose 1.1 percent in August from a year earlier, government data showed on Mond...
WTI Crude – Trading lower but remain supported above 102.0
Crude oil tanked during early Asian session due to the US debt ceiling scare, shedding more than 1.4...
EURUSD rallies back to 1.3500, AUDUSD likewise to 0.9330, GBPUSD eases back to 1.6160, USDJPY at 97.85, gold at 1340
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Concern over Italy’s Election and Economic Turmoil
Italy’s political chaos could spell further elections, market uncertainty and economic turmoil...
Gold at 1340 however US Budget Uncertainty Looms
Spot gold prices are likely to fall this week though declines may be limited by investors seeking a ...
EUR/GBP at Eight Month Low at 0.8350 after U.K. House Prices Increase
The pound strengthened for a fourth day against the euro after an industry report showed U.K. house ...
USD/INR Technicals – Pushing Below 62.9 With 62.25 In Sights
Rupee gained slight strength this morning, with USD/INR pushing lower from the 62.9 resistance, hitt...
All 33 economists surveyed by Bloomberg believe the AU official cash rate will remain at the historic low of 2.5% on Tuesday
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TD Securities-Melbourne Institute Inflation Gauge rose 0.2% in September, leaving the RBA room to cut the official interest rate Tuesday
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India’s Current Account Deficit Expected to Rise
The current account deficit, which hit a record high in the last fiscal year, is expected to rise in...