German Chancellor Says Greek Diplomacy is Failing
German Chancellor Angela Merkel indicated that a diplomatic offensive by newly elected Greek Prime M...
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Japanese Parliament Adds $26B to Boost Domestic Demand
Japan’s parliament enacted a 3.12 trillion yen ($26.61 billion) extra budget for fiscal 2014 T...
Gold Rises After PBOC Bank Reserve Announcement
Gold rose up to 1 percent on Wednesday, reversing the previous session’s losses, as share pric...
Aussie and Kiwi Dollars Rise After China Stimulus News
The Australian and New Zealand dollars rose on Wednesday after China’s central bank said it cu...
Polish Central Bank Holds Rates
Poland’s central bank on Wednesday left its key interest rates unchanged as recent upbeat econ...
Greek FinMin Says IMF Debt Swap Talks Started
Greece has started negotiations with the International Monetary Fund over a plan to swap its soverei...
Denmark Announces Limitless Reserve to Defend Euro Peg
There is “no limit” to how much Denmark can hoard in foreign currency reserves to defend its eur...
European Retail Sales Grew in Fourth Quarter
Retail sales in the eurozone rose for the third straight month in December, and at the fastest annua...
Chinese CB Increases Stimulus by Cutting Bank’s Reserves
China’s central bank increased its economic stimulus measures even further Wednesday amid grow...
Jack Welch Not a Fan of Fed Rate Hike
Former General Electric chief Jack Welch told CNBC on Wednesday the Federal Reserve would be “...
Oil Derailed by Stronger Inventories
Brent crude oil fell by almost $2 on Wednesday after a new build in U.S. crude stock levels put a gl...
US Private Sector Adds 213,000 Jobs in January
U.S. private employers added 213,000 jobs in January, falling short of the median forecasts of analy...
Greek PM Says Solution to Debt Stand-off Possible
Greece’s new prime minister says he believes it will be possible to find a solution to the sta...
UK Service Sector Growth Accelerates in January
The UK’s service sector expanded faster than expected in January after a relatively slow pace ...
AUD/USD – Aussie Steady as Business Confidence Slides
AUD/USD is showing little movement on Wednesday, as the pair trades just shy of the 0.78 line. On ...
USD/JPY – Yen Shrugs Off Strong Wages Report
The Japanese yen is listless on Wednesday. In the European session, USD/JPY is trading in the mid...
EUR/USD Gets Greek Confidence Boost
Greek PM and Finance Minister calm markets with debt swap offer. Oil higher as energy companies anno...
Gold Steady Ahead of ADP Nonfarm Payrolls
Gold prices are steady on Wednesday, as the metal is trading at a spot price of $1267.42. In the US,...
EUR/USD – Euro Flat as PMIs Improve, Retail Sales Slip
The euro is stable on Wednesday, after strong gains a day earlier. In the European session, EUR/USD...
European Markets Expected Higher Thanks to Greece
European equities are expected to open higher on Wednesday as investors are calmed by the new Greek ...