US Mortgages Fall as House Prices Rise
Rising home prices hit the mortgage industry hard last week. Total mortgage application volume fell ...
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Rouble Drops as US Draft Legislation Outlines Sanctions on Russia
The rouble slid towards its lowest level in nearly two years on Wednesday and investors sold off bon...
Saudi Arabia sells off Canadian assets, loonie falls
It’s being reported by FT that the Saudi’s are selling off Canadian assets in response t...
Politics takes down the pound
Wednesday August 8: Five things the markets are talking about Trade concerns continue to hover over ...
Aussie unmoved by narrower China trade surplus
Both imports and exports higher than estimate Imports rose 27.3% y/y in US dollar terms, the fastest...
Dollar steady as China trade data looms
The US dollar had a bit of a rollercoaster ride yesterday as weakness in the Asian session was rever...
US Has More Open Jobs Than Unemployed Workers
U.S. employers posted slightly more openings in June than the previous month, resulting in more avai...
Cannot keep the ‘big’ dollar down
The European and Asian sessions were happy to book ‘long’ dollar profits, but North Amer...
China Introduces 20% Margin on Yuan Futures
China has tightened controls on trading in its yuan to discourage speculators after a decline agains...
EU Encourages Trade with Iran
The European Union foreign policy chief Federica Mogherini says the EU is encouraging enterprises to...
British PM Confident of Reaching Brexit Deal
Downing Street has insisted that Theresa May is confident of securing a Brexit deal with Brussels de...
US Warns Trading Partners About Doing Business With Iran
Donald Trump has warned America’s trading partners that anyone who does business with Iran will no...
Japanese Households Dropped in June
Japanese households reduced spending for the fifth straight month in June, government data showed Tu...
Oil Rises After Iranian Sanctions Come into Effect
Oil prices rose on Tuesday with revived U.S. sanctions against major crude exporter Iran expected to...
India Rises Textile Import Tax
India doubled the import tax on more than 300 textile products to 20 percent on Tuesday as the world...
GBP is Due for Volatility as Brexit Negotiations Enter Final Stretch Next Year
The British pound is set for some major volatility at the start of next year due to ongoing Brexit n...
Dollar rally takes a time out
Tuesday August 7: Five things the markets are talking about Most global equities found traction over...
Aussie moves higher as RBA holds rates at record low
AUD/USD breaks above 0.7400 The RBA held rates steady for the 21st time, a move that had been unanim...
Commodities Weekly: Oil prices firmer as Iran sanctions set to kick in
Oil prices are edging higher on supply concerns involving both Saudi Arabia and Iran while hot, dry ...
China’s yuan extends gains after PBOC measures on Friday
Costs to go short yuan increase News late Friday that the PBOC was imposing a reserve requirement of...