BoE Seen Unchanged, Minutes Key to Rate Outlook
The Bank of England is widely expected to leave interest rates and asset purchases unchanged followi...
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USD/CAD below 1.36 as Oil Price Stabilizes
The USD/CAD lost 0.17 percent as the USD retreated across the board ahead of the Federal ReserveR...
Bank of England Announcement Seeking to Regain Market’s Trust After ECB Debacle
UK Central Bank Expected to Hold Rates With Vote Count Key for Willingness to Hike After the market ...
RBNZ Cuts Rate 25 Basis Points
The Reserve Bank has cut the official cash rate (OCR) to 2.5 per cent, and signalled that the cost o...
WTI Crude Improves on Weak Crude Inventories Report
WTI Crude is showing limited movement on Wednesday, trading at $38.32 per barrel early in the North ...
Gold Rises as USD Retreats but Eyes Fed Rate Hike Next Week
Gold steadied on Wednesday, supported by softness in the dollar and European shares, but investors r...
China’s Record Fuel Exports Applying More Pressure on Falling Oil Price
t’s tempting to view the growth in China’s crude oil imports this year as mainly a resul...
Japanese Government to Give Tax Breaks to Small Firms That Invest in Fixed Assets
The government is set to create a system to cut the rate of the fixed property tax levied on small- ...
Japan’s Core Machinery Orders Rise 10.7% in October
Japan’s core private sector machinery orders expanded a seasonally adjusted 10.7 percent in Oc...
PBOC Sets Yuan Price to Four Year Low
The People’s Bank of China Wednesday set the mid-point rate for the yuan at the lowest level i...
US Survey Shows Consumer Spending Slipping
As Americans head to the malls this holiday shopping season, they are less optimistic on the economy...
US Mortgage Applications Rise Ahead of Fed Rate Hike
Borrowers expecting the Fed to raise interest rates rushed to apply for mortgages last week. A stron...
EIA says Oil Could Continue to Fall in 2016
Oil prices pared some of their losses on Wednesday after falling to near seven-year lows earlier in ...
German Chancellor Angela Merkel Time’s Person of the Year
German leader Angela Merkel has been named Time’s Person of the Year. Merkel’s selection...
US Aging Workforce Seen as a Growth Risk
U.S. labor force growth is set to slow further over the next decade as more Americans retire, which ...
China Gains on Semiconductor Business
China’s multi-billion dollar drive towards self-reliance in semiconductors has spawned a clust...
Commodity Prices Stabilize After Volatile Period
Commodity prices caught a break from a bruising sell-off on Wednesday, helping to put global equitie...
BoE Anxious About Market Reaction to Fed Rate Hike
The Bank of England is on alert for the reaction in financial markets to an anticipated rise in US i...
Chinese Bank Raises $1B Ahead of IPO
Postal Savings Bank of China has raised $7bn (£4.6bn) from 10 domestic and foreign investors ahead ...
Asian Markets Fall After Energy Shares Tumble
Asian stocks headed lower on Wednesday as falling oil prices continued to hurt energy-related shares...