EUR/USD down to 1.1070 as ECB Looms
The euro wallowed at its lowest in over 11 years against the greenback early on Thursday, having suf...
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Asian Equities Slide Lower
Asian stocks slipped on Thursday after Wall Street continued to pull back from record highs ahead of...
China Forecasts GDP Growth Target of Around 7% in 2015
China tipped its gross domestic product (GDP) growth target at “around 7 percent” for 20...
China Lowers Growth Target to Around 7%
China lowered its economic growth forecast to about 7% this year at the opening of the country’s b...
U.S. Economy Seen Expanding in Fed’s Beige Book
The U.S. economy continued to expand across most regions and sectors from early January through mid-...
U.S. Stocks Close Lower for Second Straight Day
U.S. stocks fell for a second day, after benchmark indexes reached records Monday, as industrial and...
Faster Services Growth in U.S.
Service industries unexpectedly expanded at a faster pace in February, highlighting the resilience o...
EUR/USD Drops Below $1.11 on U.S. Business Data
The dollar climbed to fresh highs on Wednesday, getting lift from solid U.S. jobs and business data,...
West TX Oil Back Above $51
U.S. crude futures extended gains on Wednesday after the Federal Reserve said the economy continued ...
Gold Down to $1200 on Stronger U.S. Dollar
Gold fell on Wednesday, heading for a third day of losses, as the dollar extended gains versus the e...
Not Much Expected from Asian Equities
Asian stocks appear set for a cautious start on Thursday, following a weak lead from Wall Street and...
Yellen Among Biggest Fed Pessimists During Crisis
At the height of the financial crisis in 2009, Janet Yellen told her colleagues things were so bad t...
Saudi Arabia Expects Oil Price to Steady
Saudi Arabia’s oil minister said on Wednesday he expected oil prices, which hit a near six-yea...
U.S. Stocks Close Lower
U.S. stocks closed lower on Wednesday amid a series of economic data that continued to show moderate...
Questions Abound ahead of BoE, ECB Rate Statements
Central banks have been making headlines and driving market prices this week. As investors are well ...
WTI Crude – Remains Range Bound After EIA Release
WTI crude has been range bound for more than a week now in a sign that prices have finally stabilise...
Number of Japanese Households on Welfare Hits Record High
The number of households on welfare in Japan reached a new record 1,618,196 as of December last year...
Polish Central Bank Cuts Rate by 50 BPS
On 3-4 March 2015 the Monetary Policy Council held a meeting. The Monetary Policy Council decided to...
Rate Divergence Creating Opportunity in Bond Market
Mario Draghi and Janet Yellen are creating an opportunity in the bond market that investors haven’...
Bank of Canada Holds Rate at 0.75%
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 p...