Mexico’s Growth Cut and Inflation Hiked by Analysts
Analysts raised their expectations for inflation and lowered their growth estimates for Mexico this ...
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Rupee Recovers Hits 60.45
The Indian rupee hit a five-week high and snapped a four-day losing streak on Wednesday as risk was ...
Australia and India Close To Signing Uranium Deal
Australia’s prime minister said Wednesday that he will sign a uranium export deal with India f...
BoJ Expected to Keep Positive Outlook on the Economy
The Bank of Japan began a two-day policy meeting Wednesday, with market participants expecting the c...
USDJPY Breaks 105 Support After Enjoying Rally
The U.S. dollar fell to the upper 104 yen range Wednesday in Tokyo as traders sought to cash in on i...
Wheat Prices Fall After Easing Tensions in Russia-Ukraine
Wheat fell to the lowest in almost three weeks in Chicago and corn declined amid speculation that te...
Copper Drops After China Investigates Power Grid
Copper declined for a second day in New York on speculation an investigation of the power grid in Ch...
XPD/USD Falls on Russia-Ukraine Ceasefire
Palladium declined to an almost two-week low in New York after Ukrainian President Petro Poroshenko ...
Oil Surges as Ceasefire Good for Demand
Brent crude gained from the lowest close in more than 16 months as Russia and Ukraine took steps tow...
India Still Faces Economic Fundamental Hurdles
Euphoria surrounding India’s new government and strong economic data continues to power stocks...
US Mortgage Applications Rise Slightly Last Week
Interest rates for U.S. mortgages dropped to their lowest level in over a year last week, but that w...
PM Abe Begins Cabinet Reshuffle With China Friendly Appointments
Japan’s Prime Minister Shinzo Abe on Wednesday picked two lawmakers with friendly ties to Chin...
Russia-Ukraine Ceasefire Questionable As Russia Uncommitted
Ukrainian President Petro Poroshenko’s office said an agreement had been reached with Russia&#...
Euro zone Retail Slow Down in July
Euro zone retail sales slowed as expected in July, data showed on Wednesday, adding to worries about...
UK Services Rise at Fastest Pace in 10 Months
The UK services sector has recorded its fastest growth for almost a year, a survey suggests. The Mar...
USD/JPY – Sliding Yen Flirts With 105 Level
USD/JPY continues to lose ground on Wednesday, as the pair trades at the 105 line late in the Europ...
Ruble and Stocks Rise After Ceasefire
Russian stocks have risen to their highest level in three months following the announcement of a cea...
UK Revises Upward GDP From Before Recession Years
The Office for National Statistics has revised up its estimates for UK Gross Domestic Product during...
Gold Slides on Strong Manufacturing PMI
Gold has steadied on Wednesday, following sharp losses a day earlier. Late in the European sessio...
CAD Recovers ahead of Bank of Canada Statement
The USD/CAD is testing the 1.09 levels this morning ahead of the Bank of Canada rate statement. Gove...