ZAR Drops Versus USD as Fed Rate Increase Expectation Grows
South Africa’s rand weakened for a third day, breaching 11 per dollar for the first time since Feb...
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US Treasuries Worst Bond Performers Due to Fed Expectation
Treasuries are the world’s worst-performing bonds this quarter amid concern investors are underest...
USD Marches Forward Treasuries and EM Stocks Lose Ground
Treasuries declined with emerging-market equities while the dollar rallied amid speculation that U.S...
European Chamber of Commerce Says China Needs Faster Reforms
Beijing needs to speed up economic reform and curb the dominance of state companies or risk an econo...
Gold Rises as Low Prices Spurred Buyers
Gold rose in New York on speculation a drop to a three-month low will spur more purchases. Platinum ...
OPEC Cuts Demand Forecast Affected by US Shale Rise
OPEC reduced forecasts for the amount of crude it will need to supply by the most in at least three ...
Goldman Says Iron Supply Drives Down Price
Iron ore declined sooner than expected this year as supplies exceeded demand and prices are unlikely...
Oil Drops to 17 Month Low on High Inventories
Brent oil dropped to the lowest level in almost 17 months and West Texas Intermediate fell amid spec...
BOJ Deputy Governor Confident Companies Will Boost Spending
Bank of Japan Deputy Governor Kikuo Iwata on Wednesday reiterated policymakers’ conviction tha...
US Mortgage Applications Fall on Rate Hike
Applications for U.S. home mortgages fell last week as interest rates rose for the first time in fou...
Estonia Starts Having Issues with Russia
President Obama last week reaffirmed the United States’ commitment to the security of Estonia,...
Hedge Funds Sceptical on Russia Even With Low Prices
The turmoil between Russia and Ukraine has created a rare opportunity to buy low-cost assets, accord...
Russian Deputy PM Says Sanctions Not Good For Anyone
Economic sanctions against Russia imposed by the E.U. and the U.S. are not good for the global econo...
China Hits Record Oversees Investments in 2013
China was the world’s third largest investor in 2013 for the second year running, according to...
Japan Gets Nuclear Agency’s OK To Restart Reactors
apan’s nuclear regulator has given its formal safety sign-off for two reactors at a nuclear pl...
France Will Miss 3% Deficit Target in 2014
France’s finance minister Michel Sapin has said the country will not achieve a 3% EU budget de...
UK and France Get European Commission Top Jobs
The UK will oversee financial services in the new 28-strong European Commission – a surprise m...
AUD/USD – Aussie Dive Continues as Westpac Consumer Sentiment Sinks
The Australian dollar continues to slide, as AUD/USD trades at the 0.92 line late in the Europea...
USD/JPY – Yen Loses Ground as Manufacturing Data Slips
The Japanese yen can’t buy a break this week, as USD/JPY continues to climb. On Wednesday, t...
Gold Under Pressure on Interest Rate Expectations
Gold prices are flat on Wednesday, continuing the trend seen a day earlier. In the European sessi...