Moody’s Cuts Brazil Rating to Near-Junk
Moody’s Investors Service cut Brazil’s credit rating to near-junk status on Tuesday but ...
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Peter Schiff Says Fed Could Do QE Soon
“America is going to win the currency war,” Schiff said Tuesday on CNBC’s “F...
Fed Member Says China’s Currency Move Appropriate
An adjustment to China’s currency is probably appropriate if that economy is weaker than Chine...
US Job Openings Remain Flat in June
U.S. job openings were little changed at 5.2 million in June, the U.S. Bureau of Labor Statistics re...
Greek Government to Tackle Bad Bank Loans
Greece will take steps to tackle the mountain of bad loans weighing on its banks as part of its deal...
Greek Parliament To Ratify Bailout Deal
Greece’s parliament will convene for an emergency session to ratify the text of a new multibillion...
China’s Move Could Trigger Wave of Deflation
“Make no mistake, this is the start of something big, something ugly.” City economist Albert Edw...
Chinese Yuan Devaluation Hits Asian Currencies
China’s surprise decision to devalue its currency is turning up the heat on the rest of Asia. ...
EURUSD – Bullish Breakout on Fed Rate Hike Doubts
The euro is looking quite bullish in the short term against the dollar having broken through 1.11, r...
IMF Welcomes China’s Move to Greater Yuan Rate Flexibility
China’s unexpected move to allow the yuan to trade more freely is a step the right direction, ...
Here’s Why China Devalued the Yuan
China’s decision to devalue the yuan Tuesday marked the most significant shift in the country’s ...
Greek Bailout Deal Will Be Get First Review in October – EU Sources
Greece’s implementation of reforms tied to its latest bailout will be reviewed by lenders in O...
UK Wage Growth Falls to Three-Month Low, Jobless Rate Steady
British wage growth fell by more than expected to hit its lowest in three months in June, official d...
China July Data: A New Slew of Misses
China released a raft of disappointing economic data for July on Wednesday, adding to concerns about...
Is OPEC Winning? IEA Says Non-Members ‘Stalling’
Global oil demand is expected to grow at its fastest pace in five years in 2015, the International E...
China Intervenes to Support Yuan
China intervened in the foreign exchange markets in final minutes of trading Wednesday to prevent an...
Market Tests China’s Appetite For Weaker Yuan
PBoC stay’s the course and devalues again Investors willing to teat Beijing’s appetite f...
USD/CAD Surges After China Yuan Depreciation
The USD/CAD has gained 0.934 in the last 24 hours. The USD lost ground versus the Canadian dollar on...
WTI Crude – Pressure Growing on Technical Support
WTI crude is under pressure again on Tuesday and is on course to test this year’s lows, set on...
MXN Close to New Low As Central Bank Under Pressure
Policy makers have started to spend international reserves to bolster the currency, and Carstens con...