U.S. Stocks Rally Again
U.S. stocks rallied on Tuesday to close up more than 1 percent higher in a second consecutive day of...
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West TX Oil Rallies to $52 on Weak Dollar
Oil rallied for a third straight day on Tuesday as bulls convinced the market had hit bottom after a...
ECB Plays Hard Ball on Greece Debt
The European Central Bank is resisting a key element of the Greek government’s new rescue plan...
BOJ Finds Itself in a Slippery Bind
The Bank of Japan is caught in a bind, nearly two years into its stimulus experiment, as it further ...
India PM Modi’s Power Play Set to Unravel
Indian Prime Minister Narendra Modi is facing his first state election defeat since taking charge la...
Ratings Downgrade Looms for Malaysia
The inability of state investment fund 1Malaysia Development Berhad (1MDB) to repay its debts may tr...
Russian CB Governor Says Country Lost $160B in Oil Price Slide
Russia’s Central Bank Governor Elvira Nabiullina said on Tuesday that Russia has lost some $16...
FX Analyst Says Currency War Has No Winners
As the U.S. contemplates coming off policies that suppressed the dollar’s value, its counterpa...
USD Strength Suffers Lower Factory Goods Blow
New orders for U.S. factory goods fell for a fifth straight month in December, but a smaller-than-pr...
European Markets Reassured by Greek FinMin Debt Swap
Hopes for a deal over Greece’s €315bn (£240bn) debt buoyed markets on Tuesday as new finance mi...
OPEC Secretary General Says Oil Has Hit Rock Bottom
Right now the oil market is totally focused on finding a bottom for oil prices. However, according t...
GBP/USD – Pound Jumps on Strong UK Construction PMI, Weak US Manufacturing Report
The pound has posted strong gains on Tuesday, as GBP/USD trades in the mid-1.51 range in the North...
USD/CAD – Canadian Dollar Rally Continues
The Canadian dollar continues to post gains on Tuesday. In the North American session, USD/CAD is tr...
Gold Lower As Safe Haven Appetite Subsides
Gold prices are again modestly lower in early U.S. trading Tuesday. No new, bullish fundamental deve...
Japan and US Working on Bilateral Agreement Ahead of TPP
Japan and the United States are arranging to hold a ministerial meeting around late February or earl...
German 10 Year Yields Below Japanese Debt
For the first time on record, Germany’s 10-year yields are below Japan’s, an ominous signal for ...
Turkish Central Bank Decides Not to Hold Emergency Meeting
In a move set to frustrate Turkey’s leaders further, the country’s central bank decided ...
AUD/USD – Aussie Dives After RBA Rate Cut
AUD/USD has posted sharp gains on Tuesday, as the pair trades just shy of the 0.77 line in the Nor...
India’s Modi Faces Political Headwinds in Delhi
Prime Minister Narendra Modi is facing his first state election defeat since taking charge last year...
Reserve Bank of India Holds Rate at 7.75%
The Reserve Bank of India (RBI) has opted to refrain from further monetary easing, after surprising ...