Soros on Currency Arrangements Calls for more Regulation
George Soros speaking in front of a crowd at a the Economist event: Billionaire investor and ph...
Eurozone trade falls into deficit
Germany had already hinted at the fall, as the largest exported suffered a drop but was still in s...
Japanese Advisor to Finance Minister Declares China is Needed to Boost Dollar
After China's foreign exchange reserves hit $2.27 trillion at the end of September the importance of...
Canada’s September Inflation Rate Falls to -0.9%
Canada's Consumer Price Index (CPI) fell by one tenth of a percent in September to minus 0.9 percent...
Bank of America Claims $2.24B Loss
The Bank of America said today that it lost $2.24 billion in the third quarter on bad loans totaling...
Are Canadian Banks Setting the Country’s Interest Rate Policy?
When it comes to economic policy, many people believe that big business – particula...
Bernanke, what have you done?
What a week! Bernanke tried to talk the USD up, stating that they will raise interest rates, âââ...
US Banks Profits Beat Forecasts
The results for the last quarter for Goldman Sachs and Citibank have surprised not only by coming ab...
US Inflation Up 0.2%
The US Consumer Price Index (CPI) rose 0.2 percent in September with rising energy costs the primary...
Number of Newly Unemployed Falls to 514,000
Latest figures from the US Labor Department shows that the number of newly-laid off workers fell for...
Trichet is vocal that EUR was not created to be ‘the’ reserve currency.
His speech today covered two important aspects. Their views on growth and exit strategy and secondl...
Goldman Sachs makes $3.2b profit.
US banking giant Goldman Sachs has followed Wednesday's example from JPMorgan Chase and reported bet...
Cable advances on rumors that BOE will suspend asset buy-back
Sterling rose the most vs. the Eur in almost 7-months this morning on speculation that policy makers...
Are Bernanke and the Fed not USD bearish?
Where are the contrarians? They are the individuals who mange to ignore the herd and are able to mak...