EURUSD – Rally Running Out of Steam?
Yesterday I wrote a piece on cable and how the rally appears to be running out of steam and that may...
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Japan’s Goal is to Reach Fiscal Reform in 2020 Through Growth
Japan plans to achieve its key fiscal reform goal in fiscal 2020 through robust economic growth, and...
IEA Says OPEC Winning Oil Market Share War
U.S. oil producers appear to have lost their battle with OPEC (Organization of the Petroleum Exporti...
US Flat Business Inventories Could Mean Economy Contracted in Q1
U.S. business inventories barely rose in March as sales recorded their biggest gain in eight months,...
China Continues Slowdown Might Come in Below 7% Growth
China’s money supply grew at its slowest pace on record and investment growth sank to its lowe...
Gold Rises After Soft US Retail Sales
Gold prices are higher and hit a two-week high in early U.S. trading Wednesday, following a U.S. ret...
Biggest Surprise of European GDP is German Slowdown
A slowdown in Germany weighed on the euro zone in the first quarter, but the bloc’s economy st...
Oil Rises After Stockpiles Fall
Brent crude oil rose above $67 a barrel towards five-month highs on Wednesday after U.S. crude stock...
US Import Prices Fall in April
U.S. import prices fell for a 10th straight month in April, likely reflecting the impact of a strong...
Greek IMF Repayment Left Country’s Finance on the Brink
Greece emptied an IMF holding account to repay 750 million euros ($840 million) due to the fund, a G...
French GDP Boosts Eurozone Growth
Economic recovery in the eurozone accelerated in the first quarter, boosted by a return to growth in...
UK Rates Could Hit 1.5% in 3 years
Mark Carney, governor of the Bank of England, could depart Britain at the end of his five-year term ...
Euro zone Q1 Growth Beats US
Economic growth in the euro zone overtook the U.S. in the first quarter, posting its fastest rate in...
TPP and TTIP Trade Deals Won’t be Fast Tracked by US
Efforts to introduce US trade deals with Europe and Asia have been dealt a blow after a vote in the ...
BOE Cuts UK Growth Forecasts
The Bank of England has cut its 2015 growth forecast from 2.9% to 2.5%, and for next year from 2.9% ...
UK Unemployment Reaches 7 Year Low
Unemployment in the UK has continued to fall and the number of people in work has continued to rise,...
Greece’s Creditors Said to Seek 3 Billion-Euro Budget Cut
Greece’s anti-austerity government needs to raise at least three billion euros ($3.4 billion) thro...
Greece Back in Recession as Bailout Impasse Drains Economy
Greece’s economy fell back into recession in the first quarter as a standoff with its internationa...
Has Europe’s populist tide peaked?
A populist surge in Europe that seemed unstoppable just a short while ago appears to be floundering....
Don’t relax just yet, euro-dollar parity’s still on its way
The euro hung onto gains on Wednesday after the U.S. dollar tumbled against the single currency on T...