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Forex News and Rumors

Japan’s Current Account Records First Deficit in 13 Years

Japan’s Current Account [1] deficit climbed to 172.8 billion yen ($1.8 billion) as the country’s exports continue to decline on weaker global demand. More [2]

Canada Housing Starts Fall

New home construction in Canada fell more than expected in February to a seasonally-adjusted annualized rate of 134,600 units from 153,500 in January. More [3]

10-Year UK Yields Fall to 1989 Lows

Growing concerns over the UK banking system have force UK 10-year yields to fall to their lowest level in 20 years. More [4]

Buffet: Economy Has “Fallen Off a Cliff”

Noted investor and head of Berkshire Hathaway Inc. was quoted on a Monday-morning talk show as saying that despite his optimism for the long-term, consumers have dramatically changed their spending habits and the US economy has “fallen off a cliff”. More [5]

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Scott Boyd

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