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...
Fed Minutes showed that policy makers were open to expanding MBS purchases
The Fed's Minutes this afternoon stated that “Some members thought that an increa...
Is this deflation or what?
DENVER  Colorado will become the first state to reduce its minimum wage because of...
Gold vs. Bonds-the tide is turning
What has been happening in the other asset classes? Look at the Gold and bond relationship over the ...
Retail Sales Fall 1.5%
The US Commerce Department announced today that retail sales fell by 1.5 percent for the month of Se...
Loonie Hits 14-Month High
Parity with the US dollar is now being measured in days rather than months as the Canadian dollar su...
Gold Hits New Record – $1,070 an Ounce!
Investors are backing away from the US dollar as fast as possible and gold is the preferred landing ...
The Cheek of Goldman
Goldman Sachs is considering donating in excess of $1bn (£627m) to charity in an attempt to ...
Dollar loses reserve currency to JPY and EUR
An article written by Paul Tharp in the National Post yesterday states 'that Bernanke's dollar crisi...