BoE’s Carney Faces Credibility Test
Better a lucky governor than one who’s always right. At least, that’s what Mark Carney w...
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QE Risk for BOJ
The unprecedented quantitative easing (QE) program the Bank of Japan launched last year to revive th...
Australia’s Troubles Ahead
As Australia grapples with a mining sector downturn, economists warn that a new headwind threatens t...
EURUSD steady around 1.3600, AUDUSD eases to 0.9425, GBPUSD at 1.7025, USDJPY at 101.85, gold at 1315
Content is for general information purposes only. It is not investment advice or a solution to buy o...
GBP/USD: Steady Pound Remains Above 1.70 Level
GBP/USD is trading quietly at the start of the week, continuing the trend we saw for most of last ...
USD/CAD: Canadian Dollar Rally Continues
The Canadian dollar continues to improve against its US counterpart on Monday. Early in the North A...
CAD Rises After China PMI Expansion Figures
The Canadian dollar was higher Monday amid mixed economic news from Asia and Europe. The loonie rose...
German FinMin Warns CBs about Asset Bubbles
Germany’s finance minister on Monday issued a stark warning that global central banks’ e...
Obama Hopeful on Asia Pacific Trade Deal
President Barack Obama says he hopes the U.S. and its negotiating partners can make progress on an A...
Analyst Say Oil Traders Too Complacent on Iraq
Oil traders are too complacent about the longer-term threat of the escalating violence in Iraq, bank...
India to Raise Sugar Import Duties To Offset Farmer Dues
India will increase a tax on sugar imports to prevent cheap inflows and extend a subsidy on exports ...
Gold Near Two Month High on Iraq and Fed Outcome
Gold futures traded below a two-month high as investors weighed the outlook for U.S. borrowing costs...
Oil Rise Could Jeopardize Global Growth
Islamist militant gains in Iraq sent world oil prices higher Monday, sparking concerns that this cou...
Chinese Banks Seeking to Recover Their Bad Debts
Major Chinese banks want to manage their own bad debts, attracted by the outsize profits being earne...
Japan and China PMI Expands Europe Falters
Manufacturing in China and Japan returned to growth in June after months of decline but an unexpecte...
AUD/USD: Aussie Gains on Strong Chinese Manufacturing PMI
The Australian dollar has started the week in style, climbing to two-months highs on Monday. In ...
Abe’s Third Arrow Proposal Fall Short of Expectations
In the months that followed the January appearance at Davos, blue-ribbon panels sought out GE and IB...
ECB Draghi Says QE Possible Focus Should Be On Current Stimulus
European Central Bank President Mario Draghi said large-scale asset purchases are part of the centra...
Putin Offers Limited Support to Ukraine Ceasefire
Russia’s Vladimir Putin on Saturday voiced limited support for Ukraine’s unilateral ceas...
French PMI Contraction Continues Divergence With Germany
French business activity contracted further in June while Germany’s private sector continued t...