US Consumer Spending on the Rise
Consumer spending in the US rose by 0.2 percent in December to mark the third straight monthly incre...
Australian CBank to raise rates again
Futures market pricing indicates a 71 per cent chance that the RBA will increase the official cash r...
US Budget Set for $3.8 Trillion
President Barack Obama's 2011 budget is expected to come in at $3.8 trillion with a projected defici...
For now dollar agenda remains the same
By default, the dollar’s rise is not fundamental in nature. The currencyâ€...
Japan’s finmin pressures BOJ, deflation deepens
Japan's finance minister urged the Bank of Japan on Friday to align policy with the deeply indebted ...
Greece’s Debt Weighs Down Euro
The euro fell to its lowest point in six months against the dollar today as investors continue to sh...
Eurozone Unemployment Reaches 10%
Unemployment in the Eurozone rose to 10 percent in December, the highest rate since the region was f...
US Economy Grows 5.7% in 4th Quarter
The US economy grew 5.7 percent in the fourth quarter last year as measured by the Gross Domestic Pr...
US Dollar Direction Unclear After Obama Speech
Investors remained unsure of the direction for the US dollar in the wake of President Barak Obama's ...
New US Jobless Claims Fall by 8,000
The number of people filing for unemployment benefits for the first time fell by 8,000 to 470,000 fo...
US Durable Goods Beats Expectations
Orders for durable goods - products with a lifespan of three or more years - rose more than predicte...
Obama’s State of Union lifts global indices while dollar softens
A myriad of reasons has been supporting the dollar. Firstly, the dissent from Kansas City Fed Presid...
Dr. Doom Goes to Davos
The annual meeting of economists, industry leaders, and politicians got under way in Davos, Switzerl...