Week Ahead US Employment Data to Guide Market
US jobs to refocus market on fundamentals The USD was mixed against majors. The U.S. dollar apprecia...
Archive
GBP/USD – Pound Unmoved by Solid GDP in Q2
It’s been an uneventful week for the pound, which continues to trade quietly in the Friday ses...
U.S August Consumer Spending Little Changed
Consumer spending was little changed in August as income growth cooled, pointing to a softening in c...
USD/CAD – Canadian Dollar Climbs as GDP Beats Estimate
The Canadian dollar has posted considerable gains in Friday’s North American session. Currentl...
Deja Vu in Capital Markets
Friday September 30: Five things the markets are talking about Despite having already seen the scrip...
USD/JPY – Yen Shrugs off Soft Consumer Spending and CPI Data
The Japanese yen is almost unchanged in the Friday session, although the currency is showing some vo...
EUR/USD – Euro Dips on Weak German Retail Sales, Deutsche Bank Worries
EUR/USD has posted losses on Friday, dropping below the 1.12 line. Currently, the pair is trading at...
Too Big to Fail Redux
Too Big to Fail Redux A combination of Financial Sector Risk in Europe, Geopolitical concerns,...
USD/CAD Canadian Dollar Lower as OPEC Deal Questioned
The Canadian dollar depreciated on Thursday erasing the gains from a day earlier when the Organizati...
German Officials Under Pressure to Rescue DB
German officials could be about to find themselves in an uncomfortable position: Being called on to ...
Timeline of Deutsche Bank Crisis
Shares of Deutsche Bank have hit record lows this week on mounting worries about the struggling Germ...
OPEC Production Cut Could Jump Start Shale Drilling
OPEC’s promised production deal will probably prop up oil prices, but it may also jump-start m...
XAU/USD – Gold Dips to 1-Week Lows as GDP Beats Forecast
Gold has posted slight losses on Thursday, continuing the downward trend which has marked the previo...
Iraq Challenges Saudi and Iran’s OPEC Leadership
For years, debates in the OPEC conference room were dominated by clashes between top producer Saudi ...
Fed’s Lockhart Says That Rates Should Rise When There is Stronger Evidence
A top U.S. Federal Reserve official said on Thursday he supported the U.S. central bank’s deci...
US GDP Grew Faster in Q2 Than Forecasted to 1.4%
The U.S. economy grew at a modestly faster pace in the second quarter than previously estimated, but...
US Unemployment Claims Rose by 3,000
More Americans sought unemployment benefits last week but the number of applications remained low, t...
WTI/USD – US Crude Steadies after Sharp Gains on OPEC Deal
After sharp gains on Wednesday, US crude has steadied in the Thursday session. In North American tra...
Gold Rises After Drop in US Home Sales
Gold prices have managed to find some traction Thursday, following data that point to weaker U.S. ho...
HSBC Says OPEC Deal Will Help Gold
The oil-production agreement announced Wednesday by OPEC members may end up helping gold, says HSBC....