MXN Rises to 4 Week High on Dollar Weakness
Mexico’s peso strengthened on Wednesday to its strongest level since August 19 after the U.S. ...
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Dollar Softer After Inflation Puts Rate Hike in Doubt
The dollar came under pressure in Asian trading on Thursday, after weak inflation data led investors...
Low Oil Prices Force US Producers to get Creative
Easy money, super-sized frack jobs, and desperate drillers offering deep discounts to oil producers ...
OPEC Forecasts Point to Mid Term Rise in OPEC Oil
OPEC’s new medium-term forecasts point to higher demand for the group’s oil, OPEC delega...
Oil Rises After Lower US Inventories
Oil prices rose in early trading in Asia on Thursday after a large U.S. stock draw tightened the mar...
TPP Ministerial Talks Aimed on Late September
Pacific Rim countries negotiating a sweeping free trade initiative are considering holding a ministe...
Japan Trade Deficit Narrows in August
Japan’s trade deficit narrowed in August from the year before as costs for crude oil imports p...
New Zealand GDP Grows Less than Expected at 0.4% in Q2
New Zealand economic growth accelerated less than the central bank and economists forecast in the se...
New Zealand PM Says He Will be Happy if Australia/China Free Trade Deal Fails
New Zealand’s prime minister will be “quite happy” if Australia fails to seal its controversia...
Fed Must Avoid Greenspan Trap
If global growth concerns make the Federal Reserve wait to raise short-term interest rates, the cent...
Asian Shares Mixed Ahead of the Fed Decision
China’s Shanghai Composite index opened down 0.78 percent to 3123.1 on Thursday, bucking the p...
BOE Closer to Rate Hike as Policymakers See Sustainable Growth
The Bank of England has edged closer to its first interest rate rise in nine years after two policym...
UBS Chairman Says Fed to Hike Tomorrow
This week it’s all about the U.S. Federal Reserve. Markets are poised, financial leaders are t...
Fed Caught Between Domestic Growth and Global Uncertainty
The Fed Faces its September Rate Meeting Under Pressure to Raise Rates The Federal Reserve is on the...
GBPUSD – Key Resistance Broken on Strong UK Data
A strong U.K. jobs report and weaker than expected U.S. inflation data has given cable another stron...
Gold Rises on Short Covering
Gold prices are solidly higher and near the daily high in late-morning trading Wednesday. Short cove...
Oil Rises 2 Percent After Lower Inventories
Oil rose more than 2 percent on Wednesday after an unexpected drawdown in U.S. stockpiles, an increa...
Iran Offers Joint Ventures to Attract Oil Investment
Iran has unveiled details for long-awaited foreign cooperation contracts which it hopes will attract...
Brazilian Austerity Package to Face Push back
The Brazilian government’s proposed spending cuts and tax hikes are unlikely to receive the co...
UK Pay Rises at Fastest pace in More than Six Years
British wages grew at their fastest rate in more than six years in the three months to July, adding ...