Forex News and Rumors

Japan Joins the Non-Recession Club

Japan’s economy grew by 0.9 percent in the second quarter of the year, breaking a string of four consecutive quarters of losses. Japan joins Germany, France, and Hong Kong which also posted positive growth for the quarter. More

Oil Falls to Lowest Price in Three Weeks

Despite several countries recently announcing their emergence from recession, investors still question whether growth is sustainable for the near-future. After falling more than three dollars on Friday, US crude futures for September delivery fell $1.73 to $65.78 in morning trading in Europe today. More

Stock Futures Point to Price Drop for Markets

A sharp drop in US stock futures point to a lower opening on Wall Street today. A decline in consumer spending has investors worried that the rally some believed was building, has failed to take root. More

Three US Banks Closed by Bank Regulators

The total number of banks closed by regulators in the US, now stands at 77 with the forced closing of the Community Bank of Arizona, the Community Bank of Nevada, and Union Bank, N.A. More

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