EUR/USD Drops to 1.11 on Bond Buying
The dollar hit a three-week high against the euro and a two-month peak versus the yen on Wednesday, ...
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Fed Sees Problems with GDP Data
The government agency charged with calculating the nation’s growth rate is acknowledging probl...
Interesting Take on Cooling Down Housing Hot Spots
Australia and New Zealand are looking outside traditional monetary policy to do the same thing ̵...
Fed Sees Weakness as ‘transitory’
Federal Reserve officials at their April meeting mostly brushed aside the wobbly start the U.S. econ...
IMF Warns France about Record-high Spending
The International Monetary Fund (IMF) has warned France that it must reduce government spending and ...
Moody’s: ‘High likelihood’ of Greek Capital Controls
There is a “high likelihood” of capital controls being introduced in Greece, according t...
ECB Raises Greek Emergency Funding
The European Central Bank raised the cap on emergency liquidity assistance Greek banks can draw from...
China’s HSBC Flash PMI Falls to 49.1
China’s manufacturing sector contracted for a third straight month in May, a private survey sh...
Can France’s Manufacturing Sector Regain its Footing?
German and French manufacturing purchasing managers’ index (PMI) data will be closely scrutini...
Indian Banks not Keen on Modi’s Gold Monetization Plan
A proposal in India to attract thousands of tonnes of gold owned by households into a bank deposit s...
96.7% of Japanese University Grads Were Employed
The government said Tuesday 96.7 percent of March university graduates were employed as of the April...
Japanese Household Spending Falls 5% From Last Year
Japanese household spending in the year ended March was down 5.0 percent from a year earlier, fallin...
Nikkei Hits 15 Year High After GDP Surprise
The Nikkei index rose to a fresh 15-year high on Wednesday as stronger-than-expected Japanese econom...
Japan Approves Restart of Third Nuclear Reactor
Japan’s nuclear regulator signed off on the basic safety of a reactor at a third nuclear plant...
Larry Summers Expects US to Grow at Faster Pace
Former Clinton Treasury Secretary Larry Summers said Wednesday he expects the U.S. economy to expand...
Gold Lower Awaiting FOMC Minutes
Gold slid to its lowest in a week on Wednesday, extending steep overnight losses triggered by a stro...
Wall Street Opens Flat Awaiting FOMC Minutes
U.S. stocks were little changed at the open on Wednesday as investors stayed on the sidelines ahead ...
EUR Under Pressure After Greek IMF Repayment Comments
The euro has come under pressure on the foreign exchanges after leading Greek politicians warned the...
Bank of England MPC Voted 9-0 to Hold Rates
The views of Bank of England policymakers appeared little changed in May when they voted unanimously...
Greek Default Could Follow Past Emerging Market Crises
As uncertainty over Greece’s financial situation weighs on global markets, past crises in emer...