Italian Costs Rise After DBRS Rating Cut
Italian borrowing costs rose in early trade on Monday after DBRS cut Italy’s credit rating, wa...
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Singapore’s Housing Market Stabilizing Says MAS
Singapore’s once-bubbly property market has been stabilizing in the wake of a slew of cooling ...
China to Target 6.5% Growth in 2017
China will lower its 2017 economic growth target to around 6.5 percent from last year’s 6.5-7 ...
German Minister Talks Up Possibility of Compromise on Brexit
The U.K. need not cut its trade and economic ties with the European Union if it seeks a deal that...
El-Erian Says USD Will be Higher on Rates But Wary of Accelaration
Global growth could be better than expected in 2017, though many uncertainties remain that could imp...
GBP/USD – Pound Dips Below 1.20 on Fears of Hard Brexit
The British pound started the week by briefly dropping below the 1.20 level. In Monday’s North...
UK Treasury Chief Hammond Says They Will Adapt if Out of EU
Britain’s leaders on Sunday signaled their resolve to play hardball in talks with the European...
Oil Under Pressure as Doubts Remain Production Cuts Will Make a Difference
Oil prices were under pressure on Monday due to doubts that large oil producers will reduce producti...
Chinese Oil Demand to Keep Going Strong
There is little doubt China’s crude oil imports enjoyed a robust 2016, hitting a record high. ...
Iran Confident Oil Prices will Rise
Iran’s oil minister said that he was confident the OPEC and non-OPEC members would commit to t...
Saudi Arabia Pledges Commitment to Production Deal and is Optimistic on Results
Saudi Arabia will adhere strictly to its commitment to cut output under the global agreement among o...
IMF Worries About US Protectionism
The global economy faces a multitude of risks in 2017, ranging from rising protectionism spearheaded...
IMF Expects US Growth to Get Lift From Trump Stimulus
U.S. economic growth should get a lift from stimulus measures under Donald Trump’s presidency,...
India’s Cash Crisis Slows Down Growth China Overtakes
India’s run as the world’s fastest-growing major economy has ended thanks to its self-im...
USD/JPY – Yen Steady on Mixed Manufacturing Data
USD/JPY is almost unchanged in the Friday session. Currently, the pair is trading just above the 114...
USD/CAD – Canadian Dollar Subdued as US Markets Closed
The Canadian dollar has posted slight gains in the Monday session. Currently, USD/CAD is trading at ...
Pound Eyes “Flash Crash” Levels, But Will It Stay?
Monday January 16: Five things the markets are talking about This is a busy holiday shortened week f...
Protectionism is Good For No One
“Protectionism, at the end of the day, is good for no-one,” Brazilian Finance Minister, ...
Trump Will Beg Fed For QE4
President-elect Trump’s policies will help the U.S. economy, but they won’t be enough to...
Iran Confident Oil Prices Will Rise as Output Falls
Iran’s oil minister said that he was confident the OPEC and non-OPEC members would commit to t...