Asian Equities Higher after China Stimulus
Asian stocks were firm on Tuesday after China’s latest step to prop up its faltering economy l...
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Europe Open – Greek Default a Growing Possibility
Europe looks set for a relatively mixed open on Tuesday as concerns of a Greek default continue to w...
U.S. Dollar Stronger as Greece Weighs on Euro
The dollar held gains against its peers on Tuesday, drawing support as the euro slid overnight on in...
West TX Oil Steady Around $56 on U.S. Inventories
U.S. crude futures held steady on Tuesday as a drop in stockpiles at a key U.S. delivery point offse...
Gold Drops to $1195 on Stronger Dollar
Gold held on to overnight losses on Tuesday, trading below the key $1,200 an ounce level, as a rally...
Asian Equities Higher after Global Rally
Asian stocks mirrored the global rally seen around the world early Tuesday, induced by China’s...
Greece Taps Into Public Funds
Greece issued a legislative act on Monday requiring public sector entities to transfer idle cash res...
Concerns Over Rate of Japan Inflation
Japan could already be exiting decades of growth-sapping deflation faster than thought thanks to foo...
U.S. Rate Rises will Impact China Economy
Economists almost all agree that the U.S. Federal Reserve will raise interest rates this year. But w...
RBA Minutes Show Household Rate Response is Uncertain
Australia’s central bank said households’ response to easy monetary policy was “unusually unce...
AUD/USD eases to under 0.77 after RBA Minutes are released
Content is for general information purposes only. It is not investment advice or a solution to buy o...
USD/CAD Loonie Rangebound As BOC’s Poloz Praises US Recovery
Bank of Canada Governor Stephen Poloz was in New York to participate in the Bloomberg Americas Monet...
FX Market to Look at Factory Surveys in China and Europe
China, Greece and the price of oil have been the three most discussed events this week in the forex ...
Greece Moves to Seize Public-Sector Funds
The Greek government issued a decree that forces local governments to transfer cash balances to the ...
Russia Increases Gold Reserves by 1,238 Tons in April
After a two-month hiatus, Russia’s appetite for buying gold is back. The nation increased foreign ...
European Stock Markets Rise Despite China
European stocks rose on Monday as investors shrugged off concerns about China’s slowing economy th...
Gold Stumbles as Fed Rate Hike Doubts Rise
Precious metals prices slid on Monday morning, dipping below the key threshold of $US1,200. Gold h...
US Business Survey Optimistic About Sales and Jobs
U.S. businesses expect their sales will rebound in the next three months after a sluggish first quar...
ECB’s Nowotny Says Grexit Now Not as Impactful as in 2013
Were Greece to leave the euro, it would not have the same impact on the euro zone as it would have h...
US and Japan Continue TPP Talks Ahead of Summit
Japan and the United States continued the second of two days of tough trade talks on Monday that cou...