PBOC to Inject 100 Billion Yuan via Reverse Repos – Traders
China’s central bank will inject 50 billion yuan (5.2 billion pounds)into the money markets th...
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China Could Raise Budget Deficit to Top 4 Percent of GDP – PBOC Researcher
China could in theory raise its budget deficit to more than 4 percent of gross domestic product to h...
IMF Calls on G20 to Take ‘Bold’ Action
The International Monetary Fund has urged the world’s leading economies to join forces and tak...
USD/CAD – Loonie Follows Oil Price Surge
The U.S. dollar depreciated 0.539 percent versus the Canadian dollar in a the last 24 hours that saw...
XAU/USD – Gold Climbs on Soft US Housing Report, Sharp Crude Inventories
Gold has continues to post gains on Wednesday, with a spot price of $1244.40 an ounce in the North A...
Brexit Could End Up Costing 1.5% of GDP
The pound tumbled below $1.39 for the first time in seven years on Wednesday as analysts warned that...
US Crude Flat, New Home Sales Slips
US crude is steady on Wednesday, as March futures trade at $31.00 a barrel in the North American ses...
UK Retailer Survey Shows February Slowed Down
A bumper January for retailers has turned into a lacklustre February as shoppers reacted to news of ...
US Single Family Home Sales Drop in January
New U.S. single-family home sales tumbled in January from a 10-month high as sales in the West regio...
Oil Rises After Inventory Data Shows Lower Gasoline Stocks
Oil futures slightly pared losses as government data showed a much smaller build in U.S. crude inven...
IMF Lagarde Warns UK About Brexit
The head of the International Monetary Fund thinks Britain should stay in the European Union, or bot...
US Treasury Secretary Says Don’t Expect a Crisis Response in Shanghai
U.S. Treasury Secretary Jacob J. Lew downplayed expectations for an emergency response to global mar...
AUD/USD – Aussie Drop Continues, US Housing Report Disappoints
The Australian dollar has posted losses on Wednesday, continuing the trend from a day earlier. AUD/U...
Brazil Credit Ratings Cut To Junk
Ratings company cuts Brazil’s grade by two steps to Ba2 Credit metrics have deteriorated `mate...
USD/JPY – Yen Steady, US Housing Report Next
The Japanese yen is showing limited movement on Wednesday, as USD/JPY trades at 111.80 in the Europe...
USD/SGD – Singapore GDP Misses Estimate, Sing Steady
USD/SGD is choppy on Wednesday, as the pair trades at 1.4090 in the European session. In economic ne...
Euro Dips Below 1.10, Markets Eye US Housing Report
After starting the week with sharp losses, the euro has been shown limited movement. EUR/USD is trad...
EURUSD – Key Support Coming Under Pressure
On Friday I suggested that EURUSD may be bottoming out as it appeared to be forming a double bottom ...
Saudi Oil Minister Naimi: Oil Production Cuts Won’t Happen
Saudi oil minister Ali Ibrahim Naimi said Tuesday producers will hopefully meet in March to negotiat...
Indonesia’s Largest Lender Unfazed by Bad Loans
Bad loans are spiking at Bank Mandiri, Indonesia’s largest lender by assets, due to its high c...