Gold Calm at Start of Week
Gold prices are steady to start the week. The metal posted gains on Friday, after a poor reading fr...
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EUR/USD – Flat Start to Week for Under-1.30 Euro
The euro is looking upwards at the 1.30 level as we start the new trading week. In Monday’s Eu...
EURUSD drifts to 1.2940, AUDUSD eases to 0.9360, GBPUSD drops to 1.6150, USDJPY at 105.15, gold at 1268
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Trichet: ECM is Moving in the Right Direction
Supplying unlimited amounts of liquidity at interest rates close to zero has “unintended count...
Opinion: China to Overtake USA by 2024
China is set to overtake the U.S. as the world’s largest economy in U.S. dollar terms over the...
Asia May Benefit from Europe’s Turmoil
The euro’s runaway liquidity will help to support Asian equity market valuations and will prov...
Legality of Fed-style QE in doubt for ECB
Mario Draghi deserves credit for what he did last week. The European Central Bank’s president ...
Asian Equities Lower after China Data
Asian shares edged down on Monday, taking little comfort from mixed Chinese trade data, while sterli...
China Exports Beat Forecasts
China’s exports rose more than forecast in August while imports unexpectedly fell, pushing the...
Japan’s Contraction Attributed to Sales Tax
Japan’s economy contracted by 7.1% in the three months to June, more than initial estimates, a...
Asian Equities Steady after China Trade Data
Asia’s benchmark stock index swung between gains and losses as investors weighed data showing Chin...
Mixed Results in China’s Latest Trade Data
China released its latest batch of trade data on Monday which showed that foreign demand remains hea...
China’s Trade Surplus Climbs to Record
China’s trade surplus climbed to a record as exports rose in August, helping leaders counter a pro...
Australian Job Ads at 17 Month High
Australian job advertisements in newspapers and on the Internet rose for a third straight month in A...
Pound Suffers on Scotland Poll
Sterling dropped as opinion polls highlighted the risk Scotland will vote for independence next week...
USD/JPY Above 105 on Signs Economy is Losing Momentum
The yen was near the lowest in almost six years versus the dollar as Japanese reports showing a slum...
Japan’s Economy Contracts Most Since 2009
Japan’s economy contracted the most in more than five years, highlighting the challenge for Prime ...
Fed’s Plosser: Keeping Rates Low Is ‘Risky Strategy’
Federal Reserve Bank of Philadelphia President Charles Plosser said the economy has “moved much cl...
Asian Equities Mixed Awaiting China Data
Asian equities started the week mixed on Monday as investors focused on a raft of economic data in C...
GBP/USD down at 1.6230 on Scotland Worries
Sterling slumped to its lowest in nearly 10 months on Monday amid worries about political uncertaint...