China Making Efforts to Join Global Procurement Pact
China has agreed to make a revised offer to join a global agreement aimed at creating a level playin...
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S&P Downgrades European Union’s AAA Rating
redit agency Standard & Poor’s cut its triple-A rating of the European Union by one notch...
UK Deficit Grows in Q3 To 24 Year High
There were warnings Britain’s economic recovery was on shaky ground on Friday after official d...
Gold has Fallen Close to 30% in 2013
Gold prices fell below $1,200 an ounce Thursday and it hit their lowest levels since 2010. Gold has ...
China Interbank Lending Rate Hits 9 Percent
China’s interbank lending rate has hit its highest level since June, despite regulators’...
UK Economy Growing Faster Than Forecast
The UK economy is growing faster than previously estimated, according to the latest official figures...
US Growth Revised Upwards to 4.1 Percent
Economic growth in the US has been revised upwards for the third quarter, to its fastest pace since ...
Japanese Government To Drop The Word Deflation From Economic Report
Just after the Abe government is closing its first year it will be publishing a report on the state ...
GBP/USD – Limited Losses As British Current Account Deficit Jumps
GBP/USD has edged lower on Friday, as the pair trades in the mid-1.63 range. In economic news, the B...
USD/JPY – Higher as BOJ Holds Course
USD/JPY continues to move higher, as the pair trades in the mid-104 range in Friday trading. The str...
EUR/USD – Euro Continues To Lose Ground
EUR/USD remains under pressure on Friday, as the pair trades in the low-1.36 range. The high-flying...
EURUSD drifts lower to 1.3630, AUDUSD rallies to 0.8880, GBPUSD steady at 1.6360, USDJPY at 104.45, gold at 1195
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QE Could be Gone in 2014
The Federal Reserve is likely to reduce its bond purchases in $10 billion increments over the next s...
BOJ Stays the Course
The Bank of Japan kept its record easing while signaling progress in its fight against deflation, da...
Asian Stocks Mixed
Asian markets were mixed on Friday, as the region continued to digest the Federal Reserve’s decisi...
Cash Crunch sees China Money Rate Climb
China’s benchmark money-market rate rose and stocks dropped for a ninth day, the longest losing st...
U.S. Looking at Debt Ceiling again February 2014
The Obama administration warned Congress on Thursday that the government could run out of borrowing ...
Gold at 1192 and Feeling Unloved in 2013
Gold prices fell below $1,200 an ounce Thursday and it hit their lowest levels since 2010. Gold has ...
AUD/USD at 0.8875 and in Worst Slump since Floating
Australia’s dollar was poised to match its worst weekly run of losses since before it was floated ...
U.S. Dollar Enjoying a Strong Week on Strong Economy
The dollar was poised for an eighth straight week of gains versus the yen and its first five-day adv...