OPEC: No Draft Plan to Bring Back Production Quotas
OPEC, in an unusual backlash, insisted Tuesday it has not drafted a strategic plan containing a pess...
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OPEC: Global Oil Demand Expectations Rise
Worldwide demand for oil will grow by more than previously expected, according to the latest estimat...
Morgan Stanley: China Outlook Even Worse than Imagined
The worst of the Chinese economic slowdown is likely still ahead because of the nation’s debt,...
India Defers Land and Tax Reforms
The government spooked investors on Tuesday by deferring parliamentary bills intended to make it eas...
U.S. Treasury Yields May be Topping
Treasury yields shot higher Wednesday morning and then fell back like a deflating balloon. That co...
Asian Equities Lower on Global Lead
Stock markets in Asia opened lower on Wednesday, tracking declines in their global peers, and as tra...
US Retail Sales Worries Linger
The USD has struggled to maintain its position of strength versus other currencies ever since last m...
GBPUSD – Massive Resistance Lies Ahead
Sterling has been the strongest performing major currency over the last month but after a strong pos...
Gold Slightly Higher on USD Weakness Awaits Retail Sales
Gold futures traded modestly higher Tuesday as the U.S. dollar lost ground and as government bonds i...
Oil Sure Catches Hedge Funds Wrong Footed
Oil’s sharp rally since the middle of March has been driven by a race among bearish hedge funds to...
Oil Rises on Weaker USD
Brent crude futures rose toward $66 on Tuesday, lifted by a weaker dollar and the Yemen conflict, bu...
NY Fed Chief Says He Doesn’t Know When Rate Hike Will Happen
A top Federal Reserve official said on Tuesday he does not know when interest rates will rise, but h...
Australia to Close Corporate Tax Loopholes
Australia on Tuesday proposed new legislation to tighten tax loopholes that the conservative governm...
Greek Drama Affects Stocks and Bond Markets
Leading shares are suffering sharp falls in early trading, as another sell off in the bond market sp...
UK Industrial Sector gets Energy Production Boost
Britain’s industrial sector bounced back to growth in March, helped by a resurgence in oil and gas...
US Kerry to Meet with Putin in Russia
U.S. Secretary of State John Kerry’s trip to Russia, only his second since taking office, may ...
Greece was Forced to Raid its Reserves to Make IMF Payment
Greece was forced to tap into an emergency account to make a debt interest payment to the Internatio...
Australia Delivers Budget Focused on Small Businesses
Australian Treasurer Joe Hockey has delivered the country’s budget, promising to help small bu...
German Bund Yields Squeeze EUR Short Positions
Eurogroup reports progress in bailout negotiations with Greece Market chasing EUR stops of recent sp...
US Open – Rising Bond Yields Hit US Futures
US futures are deep in negative territory ahead of the open on Tuesday as rising bond yields once ag...