Oil Rises As Exploration Cuts Deepen
Oil prices rallied again Tuesday, with producers announcing spending cuts that added to a slew of po...
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Putin Considering Nationalizing Businesses
Russia is on a path to greater nationalization of private business, and the country has become a ...
UK Consumer Confidence Rising But Not Spending
Consumer confidence in the U.K. grew five times faster than the global rate last year but, despite a...
Spain’s Unemployments Falls To 2007 Levels
The number of registered jobless in Spain rose by 1.75 percent in January from a month earlier, or b...
USD/JPY – Limited Movement After Weak US Consumer Spending
The Japanese yen is almost unchanged on Tuesday. Early in the North American session, USD/JPY is tra...
Greek FinMin Presents Bold Debt Swap Deal
Greece’s radical new government unveiled proposals on Monday for ending the confrontation with...
FTSE Rises on Greek Hope and Australian Cut
Leading shares have moved sharply higher on hopes that a solution to Greece’s financial troubles c...
UK Constructions Expands in January But Hiring Still Weak
Britain’s builders enjoyed a rebound in business growth last month but have gone into the new year...
Asian Stock Markets Get Australian Cut and Oil Price Boost
Most Asian markets have risen after a rebound in US crude oil prices led to a rally in US stocks on ...
BP Reports Lower Profits on Falling Oil Prices
BP has reported lower profits and says it will cut spending on exploration because of the fall in oi...
TPP Next Meeting Planned for March
The 12 countries involved in the Trans-Pacific Partnership free trade initiative are planning to hol...
Central Bank Rate Cut Race in Full Force
Recalibration of global rates RBA cuts to new record low PBoC continues to pump liquidity Previously...
Gold – Steady Ahead of Employment Numbers
Gold prices are steady on Tuesday, as the metal is trading at a spot price of $1282.55. On the relea...
EUR/USD – Little Movement as Spanish Unemployment Beats Estimate
The euro has been listless for the past week, and the trend continues on Tuesday, as EUR/USD trades ...
RBA Crushes AUD/USD Below 0.7650
With the Reserve Bank of Australia (RBA) leaving the door open to further rate cuts, the only way fo...
Australia Chops Rates to a New Record Low
The Reserve Bank of Australia (RBA) has jumped on the easing bandwagon, cutting rates on Tuesday for...
India Refrains from Further Monetary Easing
The Reserve Bank of India (RBI) has opted to refrain from further monetary easing, after surprising ...
Japan Stocks Fall as Yen Rallies
Japanese stocks fell as a stronger yen sent exporters lower, while tiremakers and airlines dropped a...
RBA Says Currency Still Overvalued
Australia’s central bank cut its benchmark interest rate to a new record low and said the local cu...
Greece Seeks Third Debt Restructuring
Greece’s anti-bailout governing coalition wants to reduce the country’s debt burden. Who’s on ...