Fed’s Dudley: Forecast for Mid-2015 Rate Rise ‘Reasonable’
Forecasts for the Federal Reserve to raise interest rates in mid-2015 are “reasonable” as policy...
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Gold Rallies to $1212 as China Returns From Break
Gold rose as the drop to this year’s low lured Chinese buyers returning from a weeklong break, whi...
Asian Equities Extend Global Selloff
Asian stocks dropped, extending a global selloff, and oil dropped amid concern that the global econo...
Australia’s Job Growth Data Revised
Australia’s record jobs growth in August was too good to believe. The statistics bureau today sa...
IMF Downgrades Global Growth Forecasts
The International Monetary Fund (IMF) has downgraded its global growth forecast for both this year a...
Time to Keep a Close Eye on China’s Banks
As Beijing scrambles to prop up a slowing economy and cooling real estate market, the government las...
Positive News From EUR/USD’s Weakness
Wall Street’s recent meltdown has much to do with worries that the stronger dollar and Europe&...
Falling Singapore Property Prices Provide Banks Relief
Falling property prices in Singapore – one the world’s most expensive housing markets &#...
USD/JPY Back Below 108.50 on Global Growth Fears
The safe-haven yen held firm early on Wednesday, having risen broadly as risk appetite waned in the ...
West TX Oil Near $88 on Lower Global Growth Forecasts
U.S. crude futures fell towards $88 a barrel on Wednesday, dropping for a second day following large...
Gold Rallies to $1212 on Global Growth Concerns
Gold extended gains to a third session on Wednesday, buoyed by safe-haven bids after disappointing e...
Asian Equities Follow Everyone Lower
Asian shares declined on Wednesday following a global rout overnight with attention on Shanghai as m...
Japan Current Account Narrows in August But Beats View
Japan’s current account balance narrowed in August but remained in the black for a second stra...
EURUSD rallies to 1.2660, AUDUSD rallies to 0.8815, GBPUSD steady at 1.6080, USDJPY at 108.20, gold at 1210
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BOJ Holds Policy Warns About Tax Hike Effects
The Bank of Japan on Tuesday kept its monetary policy steady, saying the Japanese economy is recover...
Gold Rises Seizing Dollar Weakness
Gold futures rose for the second straight day as the dollar’s decline boosted the metal’s appeal...
Oil Continues Drop After Weaker Demand
Brent crude slid for the fifth time in six days on concern weaker economic growth will reduce demand...
IMF Warns UK About Interest Rate Hike Pace
The Bank of England will need to consider raising interest rates to rein in Britain’s housing mark...
Dennis Gartman Not Big on Brazil
Despite a rally in Brazilian stocks on Monday, investors should stay away, Dennis Gartman said on CN...
GBP/USD – Pound Choppy on Soft UK Data
The British pound is choppy on Tuesday, as the pair trades in the mid-1.60 range in the Tuesday No...