Australia Raises Rates
For the third consecutive month, the Reserve Bank of Australia (RBA) has raised interest rates, lift...
Bank of Japan Tackles Deflation
After eight consecutive months of declining prices, the Bank of Japan announced that it will impleme...
Are we Dubai or Du-Sell?
Cyber Monday took the sting out of Dubai World’s troubles in the North America trad...
Japan Struggles to Maintain Growth
A rapidly appreciating yen, combined with falling domestic prices, may prove to be the one-two punch...
3rd Quarter Growth Ends Recession in Canada
As expected, Canada's third quarter real Gross Domestic Product showed positive growth of 0.1 percen...
Investors Turning to the Swiss Franc
Investors are turning their attention to the Swiss Franc and are using US dollars to fund the purcha...
Dubai not distressed, Dollar gets dumped!
Is that it? Dubai World’s problems are just a blip on our confidence radar. Is ther...
Canada’s Current Account Gap Grows
Statistics Canada said this morning that Canada's current account deficit increased in the third qua...
UK to Reveal Recession Worse Than Expected
Chancellor Alistair Darling said yesterday that "new data has shown that most economies, ours includ...
Dubai Debacle drives Dollar Higher
While giving thanks yesterday, North American consumers watched world equity indices plunge into a Ã...
Japan’s Gov’t Says Action May Be Needed to Stem Rise in Yen
Japan's Finance Minister, Hirohisa Fujii, said today that the government is "very closely" watching ...
Dollar gets a get out of jail card, temporarily at least
Holidays are supposed to be boring for markets. However, last night was a different matter. It seems...
Minutes Show FOMC Worried Low Rates Could Boost Speculation
Publically, the Federal Reserve has been consistently on-message with its assertion that interest ra...
US Weekly Jobless Claims Under 500,000
For the first time since mid-September, 2008, the US weekly new jobless claims came in under 500,000...
Consumer Spending Increases More Than Expected
Consumer spending rose more than expected in October gaining 0.7 percent over September. Federal Res...
US Durable Goods Lower Than Expected
The US Commerce Department announced this morning that orders for durable goods unexpectedly fell by...