St Louis Fed Pres James Bullard Says June Rate Hike Not Set in Stone, but Labor Data Favorable
A U.S. Federal Reserve rate hike in June or July wasn’t set in stone, but labor data suggested...
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USD/CAD – Loonie Under Pressure Ahead of Bank of Canada Statement
The Canadian dollar reassumed normal trading conditions after the Victoria day long weekend. The loo...
Four Fed Banks Called for Higher Discount Rate in April
The number of Federal Reserve banks pushing the central bank to raise the rate it charges commercial...
Germany and IMF on Different Sides of Greek Debt Talks
European officials have voiced optimism that Greece could unlock the next tranche of bailout money e...
Citi Joins Goldman on Bullish Oil Outlook But Warns About Volatility
Extreme turbulence may be the new normal for the oil market. That’s the message from Citigroup...
Gold Slide Continues on Strong US Housing Report
Gold has posted sharp losses on Tuesday. The base metal is trading at a spot price of $1231.16 an o...
US Crude Steady, New Home Sales Shines
US crude has posted slight gains and is trading at $48.67 in the North American session. Brent crude...
Summer Rate Hike Boosts USD
The dollar strengthened across the board on Tuesday and hit an eight-week high against the euro as i...
NZD/USD – Kiwi Dips to 8-Week Lows, NZ Trade Balance Next
NZD/USD has posted slight losses on Tuesday, following the downward trend in the Monday session. The...
Gold Backtracks as Asian Demand Shrinks
Gold remains on the defensive Tuesday, with prices falling to a four-week low, and there are some co...
IMF Calls for Unconditional Debt Relief for Greece
The International Monetary Fund is calling on European creditor nations to commit to “upfront ...
St Louis Fed Advices China to do 4 Things to Address Capital Outflows
The Chinese government holds more foreign exchange reserves than any other country, but those assets...
US House Prices Hit Record High Validating Health of Economy
New U.S. single-family home sales surged to a more than eight-year high in April and prices hit a re...
UK Government Borrowing Higher Than Expected in April
Government borrowing was higher than analysts’ expectations in April after forecasts for compa...
Saudi Arabia Moves Further Away from OPEC
Saudi Arabia, one of the founders of OPEC, is sounding the group’s death knell. The world’s bigg...
G7 Leaders Will Examine Global Growth Risks
Leaders from the Group of Seven advanced economies will examine potential risks to the global econom...
OANDA MP – Carney Stands by Brexit Risks (Video)
Senior Market Analyst Craig Erlam talks about how markets are trading today, eurozone and German dat...
French Oil Refinery Works on General Strike Tuesday
France’s oil refineries are on strike Tuesday, union officials said, with all eight of the cou...
BOE Governor Defends His Brexit Risk Warning
Bank of England governor Mark Carney has robustly defended his stance on the UK’s EU referendu...
UK Retail Sales Outlook Worsens Ahead of Brexit Referendum
Britain’s retailers are braced for June to be the worst month in more than three years as uncertai...