Japan Gives Downbeat Forecast, Warns of Deflation
[mserve id="Central_Bank_BOJ.jpeg" align="left" width="400" caption="Bank of Japan" alt="Central B...
Chinese lending fears hit bank shares
[mserve id="Central_Bank_PBOC.jpeg" align="left" width="250" caption="People's Bank of China " alt="...
UK unemployment total falls to 2.46m
The number of people unemployed in the UK has fallen unexpectedly for the first time in 18 mon...
China Chokes Credit while EUR plummets
[mserve id="Central_Bank_PBOC.jpeg" align="left" width="250" caption="People's Bank of China " alt="...
King Warns of Potential For Inflation
The pound quietly marked a four-month high against the euro today after a higher-than expected UK in...
Yen Carry Trade Back in Play
One sure sign that some level of stability is returning to the global economy is an easing of the vo...
Euro Marks 4th Losing Day Against Dollar
The euro slipped to $1.4283 at 8:06 a.m. in New York, from $1.4384 yesterday, and traded as low as $...
Bank of Canada Maintains 0.25% Overnight Target Rate
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 p...
Sweden Calls for Bank Tax
Suggesting that forcing banks in the EU to "pay for the actual cost it incurs on society" would "leg...
PIIGS at Bay
The market is back to full strength after yesterday’s hiatus. Will the dollar once ...
IMF Warns of Global Recession “Double Dip”
The International Monetary Fund (IMF) issued a warning that the possibility of a another recession -...
Trichet remains on the offense
Martin Luther King Day in the US will make the market feel like ‘sleepy hollowâââ€...
JPMorgan Records $3.3 Billion 4th Quarter Profit
JPMorgan released its year-end results showing that the investment firm earned a profit of $3.28 bil...
US Inflation Registers Slight Increase
The US Labor Department said today that the Consumer Price Index (CPI) rose only 0.1 percent in Dece...
PIIGS hurt EUR
Are we missing the big picture? How come markets seem to be trading as if the global risks to econom...
CFTC Wants to Reduce Energy Speculation
The Commodity Futures Trading Commission (CFTC) announced a plan that would see limits placed on tho...
Obama Proposes Financial Crisis Responsibility Fee
The cat is out of the bag on the worst-kept secret on Wall Street as US President Barack Obama annou...
US Retail Sales Fall 3% in December
Despite predictions of a 0.5 percent increase in retail sales for December, actual results indicate ...