Fed’s Stein Predicts Potential Volatility with QE End
Jeremy Stein, in one of his last speeches as a Federal Reserve governor, warned that the central ban...
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Report: China’s Property Bubble has Burst
Economists at Nomura have made their call: China’s property bubble has burst, they say, and th...
Asian Markets Fall to One Month Low
Asian shares fell to a one-month low and the safe-haven yen hovered just below a multi-month high ag...
Energy Exports sees Canada Trade Surplus Narrow
Canada’s merchandise trade surplus unexpectedly shrank in March as exports fell for the second tim...
GBP/USD close to 1.70 as U.K. Services Expand
The pound strengthened the most in four weeks against the dollar as a measure of U.K. services expan...
NZD/USD Drops Below 0.87 after RBNZ Intervention Hint
The New Zealand dollar dropped versus its 16 major peers after Reserve Bank Governor Graeme Wheeler ...
AU retail sales up 0.1% in March for 11th straight month, but below economists’ expectations
Content is for general information purposes only. It is not investment advice or a solution to buy o...
AUD/USD near 0.9340 but May Have Peaked
As the Australian dollar pulled back further from its 2014 high this week amid more sub-par Chinese ...
Markets Focussed on Yellen Testimony
Traders across the financial markets will be hyper-focused on Congressional testimony from Fed Chair...
Asian Equities Lower Led by Japan
Asian equities declined on Wednesday as trading volumes returned to normal with Japan and South Kore...
Gold at $1312 on Soft U.S. Dollar
Gold was little changed on Wednesday as a weaker dollar and safe-haven bids triggered by simmering t...
West TX Oil back above $100 on Inventory Draw
U.S. crude futures rose in early Asian trade on Wednesday, moving back towards $100 a barrel after t...
NZD/USD Below 0.8700 after Wheeler Comments
The New Zealand dollar tumbled on Wednesday after the country’s central bank warned it may hav...
OECD Warns of Complacency
Complacency by policymakers and a “crisis of trust” in politicians, banks and multinatio...
EUR/USD at 1.3925 may be ‘Overly Strong’
France’s finance minister has called for debate about the strength of the euro, as the currenc...
EURUSD eases back to 1.3930, AUDUSD eases to 0.9345, GBPUSD eases to 1.6970, USDJPY at 101.70, gold at 1309
Content is for general information purposes only. It is not investment advice or a solution to buy o...
OECD Urges ECB To Act Soon to Avoid Deflation
The European Central Bank has come under further pressure to head off a potentially destructive fall...
Gasoline Prices Push Crude Higher
U.S. crude futures may draw some support this week from signs of improving gasoline demand and a pic...
Russian Banks Could Face 30 Percent Tax in US if Turmoil Continues
The United States is planning to use an anti-tax-evasion law to punish Russia for its actions in Ukr...
OECD Sees US Growth Rebounding After Harsh Winter
U.S. economic growth is set to rebound strongly in the second quarter as the scars of a brutally col...