History Favors Bullish Rallies After US Government Shutdowns
Government shutdowns are bullish? That’s been the history over the past 30-plus years, though ...
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No Budget Deal As Obama Refuse To Negotiate
House Speaker John Boehner said President Barack Obama refused to negotiate in a meeting with top co...
EURUSD settles around 1.3580, AUDUSD eases back to 0.9370, GBPUSD settles around 1.6230, USDJPY at 97.30, gold at 1313
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Ten Factors Affecting FX, Equities and Bonds-Oct 2nd
1. Twin concerns have Yen on the rise. Japanese markets show their disappointment to PM Abe’s ...
GBP/USD – Another Weak PMI Can’t Dent Pound
The British pound continues to post gains against the US dollar in Wednesday trading. In the North A...
USD/CAD – Unchanged As US Employment Numbers Falter
USD/CAD is virtually unchanged in Wednesday trading. Early in the North American session, the pair...
Oil Drops After Inventories Rise and Lower Demand Expected
West Texas Intermediate traded near a three-month low amid speculation about a gain in oil inventori...
Gold Rises as US Shutdown Gets Underway
Gold rebounded after reaching an eight-week low in New York as investors weighed a U.S. government s...
BoE Dismiss Property Bubble But Warn Borrowers
The Bank of England has warned it is keeping a close eye on developments in the housing market and s...
UK Construction Continues Growth in September
Britain’s construction industry maintained its five-month run of strong growth in September, a...
Spanish Jobless Claims Rise in September Rate Drops to 26.3 Percent
The number of registered jobless in Spain has risen for the first time in seven months as the touris...
ECB Holds Rates at 0.5 Percent
Recent economic data has shown that an economic recovery may be taking hold in the eurozone. Eurozon...
Berlusconi Backs Down and Letta Wins Confidence Vote
Italian Premier Enrico Letta has won a confidence vote after a last-minute U-turn by former PM Silvi...
AUD/USD – Aussie Loses Momentum After Weak Construction, Trade Data
The Australian dollar’s strong performance this week against the US currency came to a crash...
Reserve Bank of Australia’s Rate Cutting Cycle Close to Ending
It’s not what Australia’s central bank said in its monetary policy statement this week, ...
Abe Tax Hike and Lack of Stimulus Puts Bank of Japan in a Corner
A lack of detail from Japan’s Prime Minister Shinzo Abe about how the government will buffer t...
US Private Payrolls Add 166,000 Jobs in September
U.S. private employers added a fewer-than-expected 166,000 jobs in September, according to Wednesday...
ECB Member Says European Banks Better than Thought
Banks in Europe are not in as bad shape as markets commonly judge them to be, European Central Bank ...
Asian Development Bank Confident Asia Can Ride Out Tapering Storm
Asian economies can ride out the storm when the Federal Reserve finally begins ending years of easy ...
Japan stocks end down 2.17%, Nikkei closes at 14170.49 – Yen Stronger
Content is for general information purposes only. It is not investment advice or a solution to buy o...