China Pumps $22 Billion Stimulus
China pumped 140 billion yuan ($21.8 billion) into its economy on Wednesday, in the central bankR...
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UK Retail Sales Pick Up Pace In August
After a lacklustre July, the CBI’s latest retail survey reveals a more upbeat picture on the high ...
China PMI Likely fell in August
Activity in China’s manufacturing sector likely shrank at its fastest pace in three years in A...
US Durable Goods Rose In July
Orders to U.S. factories for long-lasting manufactured goods rose in July, and demand in a key categ...
Conservative Rebellion on Greek Aid Hits Merkel’s Support – Poll
Support for German Chancellor Angela Merkel’s conservatives has slipped by two percentage poin...
China Stocks Slip as Rate Cut Fails to Convince Investors
China’s turbulent stock markets slipped again on Wednesday, as a double-barrelled blast of cen...
US Data and Fed in Focus Ahead of Jackson Hole
U.S. indices are expected to open around one and a half percent higher on Wednesday, as we head into...
USD/CAD Loonie Lower After China Rate Cut
PBoC Reserve Requirement Ratio Cut Boosts USD The ongoing downward spiral in the Chinese stock marke...
China Needs PBOC QE
China’s central bank, the People’s Bank of China, said Tuesday it had cut interest rates...
Fed Rate Hike Window Getting Smaller
The window to raise rates hasn’t been slammed shut—it has yet to creak open. The panicky sel...
German Business Sentiment Rose in August
German business sentiment rose more than expected in August, according to a leading survey, as domes...
RBI Governor Says Market is Overburdening Central Banks
Central banks are under too much pressure to fix struggling economies, according to the man in charg...
Gold – Strong Selling After Failed Breakout
Despite an apparent flight for safety and sell-off in the dollar on Monday, there was little love fo...
EURUSD – Strong Rebound Suggests False Breakout
Last week I highlighted 1.1375-1.1525 as being a massive resistance level for the euro against the d...
GBP Loses Ground Against USD as China Cuts Rate
Sterling recovered from a one-month low against a basket of currencies on Tuesday, helped by robust ...
US House Prices Rise 1% in June
U.S. house prices rose 1% in June, reflecting an uptick in sales and a low supply of properties for ...
Asian Pacific Trade Pact Could Eliminate 80% of Tariffs in 10 Years
Trade ministers from 16 Asia Pacific countries agreed Monday to eliminate tariffs on 80 percent of t...
Dollar Attempts Comeback
PBoC cuts rates and reserve requirements Will China’s actions stem the current equity rout? Ch...
Japan Government Says Ready to Act if Needed to Calm Market
Japan is ready to “take appropriate measures,” if necessary, to quell volatility in the ...
BBC’s the Six Cs of China Stock Drop
The repercussions from “Black Monday” – the global markets turmoil caused by a plu...