Former ECB Member Says Central Bank Now a Bad Bank
The European Central Bank is turning into a European “bad bank” by loading up on bundled...
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BOE Governor Says Wage Rises Could Come Next Year
Bank of England governor Mark Carney has told the UK’s trades unions that wages should start r...
Japanese Consumer Confidence Drops in August
Japanese consumer confidence worsened for the first time in four months in August, an official surve...
UK Industrial Output Rises in July
UK industrial output saw its biggest monthly rise in six months in July as electricity generation in...
Experts Debate on Effect of Scottish Independence
As the polls narrow in the Scottish independence debate, banks, investors and economists have been r...
Gold Softens, Close to 14-Month Lows
Gold prices are steady on Tuesday, after posting losses a day earlier. In Tuesday’s European s...
EUR/USD – Slumping Euro Dips Below 1.29
The euro is stable but under pressure on Tuesday, as EUR/USD has dropped below the 1.29 level for ...
Fed, ECB and Scotland Make FX Interesting
The mighty dollar is basking in glory right across the boards, egged on by investors speculating tha...
EURUSD drops to 1.2880, AUDUSD eases to 0.9270, GBPUSD eases to 1.6090, USDJPY at 106.20, gold at 1255
Content is for general information purposes only. It is not investment advice or a solution to buy o...
USD/CNY at 6.1560 as Fixing Set Strongest Since 2010
China’s yuan rose to a six-month high as the central bank raised its fixing by the most in almost ...
Australian Business Investment Dwindles
Australia’s biggest companies are giving up on growth. Investment by businesses in the benchmark...
Gold Below $1255 as U.S. Dollar Strength Weighs
Gold hovered near its lowest in three months on Tuesday after sharp overnight losses as the dollar t...
GBP/USD Drops to 1.6070 on Scottish Uncertainty
Investors are waking up to the risk of a British break-up. The pound sank to its lowest level in 1...
U.S. Consumer Credit Has Largest Increase in 13 Years
U.S. consumer credit soared in July, posting its biggest jump since November 2001, driven in part by...
U.S. Dollar Holds it Strength
The U.S. dollar was holding broad-based gains in Asia on Tuesday in a boon for shares of Japanese ex...
Fed May Pressure Largest Banks to Slim Down
The Federal Reserve, mindful that some banks are still so big that their failure could weigh on the ...
Different Expectations on Fed Rates
Investors expect the U.S. Federal Reserve to keep interest rates lower for longer, and to raise them...
Gold at $1255 on Fed Speculation
Gold traded near a three-month low as the dollar advanced on speculation the Federal Reserve will in...
Asian Equities Lower as Consumer Shares Drop
Asia-Pacific stocks fell a fourth day, with the benchmark index heading for a three-week low, after ...
Australian Business Conditions Ease Slightly
A measure of Australian business conditions pulled back from four-year highs in August as sales and ...