US Fed’s Evens Says No Rate Hikes Until 2016
The Federal Reserve should wait until the first half of 2016 before raising interest rates, a top U....
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Saudi Arabia Optimistic About Oil Price Stabilization
Saudi Arabia’s oil minister said on Wednesday he expected oil prices, which hit a near six-yea...
GBPUSD – Correction continues but support coming
In yesterday’s cable update I highlighted 1.5350 and 1.54 as being the two key levels which should...
US Mortgage Applications Rise in Latest Week
Applications for U.S. home mortgages edged up last week as interest rates dipped, an industry group ...
US ADP Report: 212,000 Jobs Added by Private Sector
U.S. private employers added 212,000 jobs last month, lower than market expectations as well as Janu...
EC President Juncker Says 3rd Greek Bailout Premature
It is too early to discuss a third bailout package for Greece, European Commission President Jean-Cl...
British Retailers Say Prices Hit by Lower Food Costs
High street price cuts deepened last month as fresh food costs dropped at the fastest pace for at le...
IFS Study Says UK Consumers Not Spending
The average UK household is out of the worst of the recession as incomes near what they were before ...
UK Service PMI Falls Below Expectations in January
Growth in Britain’s service industries slowed last month, but firms became more confident, steppin...
Bank’s Executive Compensation to Reignite UK-EU Row
The Bank of England remained on collision course with Europe over the bonus cap as a consultation wa...
Goldman Says Grexit Won’t Help Greece
Fears Greece may exit the euro and revive the drachma abound, but attempting a return to the currenc...
Soft EUR Boosts Business Activity in February
Euro zone business activity continued to expand in February, although at a slower rate than expected...
Ireland Offers Bailout Lesson to Greece
Greece – where the bailout program is the subject of continuing drama and debate – could lea...
Ukraine Central Bank Raises Rates to 30%
Ukraine’s central bank has sharply raised interest rates from 19.5% to 30% in an effort to cur...
UK Wins Euro-Transaction Ruling Against ECB
The UK has won a court ruling against the European Central Bank which could have forced firms handli...
USD/CAD – BoC Expected to Hold and Be Dovish
India’s RBI implements a surprise cut BoC expected to be dovish EUR sits atop of January lows ...
ADP May Spring Markets Back to Life After Mixed PMIs
A mixed batch of economic data from Europe on Wednesday morning is providing little direction for th...
Oil prices pose biggest political risk: Aon
Low oil prices will compound political risks across emerging markets this year, according to a new r...
PMIs and Retail Sales Dominate in Data Heavy session
A quiet trading session on Tuesday means European indices are lacking any meaningful direction ahead...
RBI Surprises with Rate Cut to 7.5%
The Reserve Bank of India surprised markets on Wednesday by cutting rates for the second time this y...