More Capital Controls in China
The currency devaluation has been a source of concern for investors as Chinese authorities tighten c...
Archive
Offshore Yuan Deposits Dip in October
The sharp depreciation of the yuan against the US dollar over the past year has significantly dampen...
Month End Mayhem
Month End Mayhem OPEC dumbfounded cynics overnight by agreeing to a targeted production cut that com...
Fed Mester Says Rate Hike Now Would Help Economy
Raising interest rates now would help rather than hurt the economic recovery, Cleveland Fed Presiden...
XAU/USD – Gold Drops to 9-month Lows on Sharp ADP Nonfarm Payrolls
Gold has posted considerable losses in the Wednesday session, dropping 1.2 percent. In North America...
European Commission Reveals Plan to Spend 5B on Military
The European Commission has revealed its plan to strengthen the continent’s military prowess. ...
WTI/USD – US Crude Surges as OPEC Reaches Output Agreement
Oil prices have risen sharply on Wednesday, as OPEC members reached a deal on production cuts at a m...
Fed’s Kaplan Backs an Interest Rate Hike in Near Future
A centrist Federal Reserve president on Wednesday said he backed an interest rate hike “in the...
Canadian Economy Grew 0.9% in Q3 After Energy Exports Rebound
The Canadian economy grew 3.5 per cent during the third quarter, bouncing back from the second quart...
Goldman Forecasts Trump Fuelled Rally Will Drop in Early 2017
The Trump rally will continue into the early part of 2017, then drop off as the Fed hikes interest r...
US Home Sales Flat in October
Contracts to buy previously owned U.S. homes turned in a barely perceptible gain in October amid a l...
OPEC Agrees to Oil Cut with Saudi Arabia Leading the Charge
OPEC has agreed its first limit on oil output since 2008, sources in the producer group told Reuters...
GBP/USD – Pound Steady, BoE Uneasy Over Trump
GBP/USD has edged lower in the Wednesday session. In North American trade, the pair is trading at 1....
Oil and CAD Rally on Reports of OPEC Deal
Senior Market Analyst Craig Erlam discusses today’s OPEC meeting and economic data, then gives...
U.S. private sector adds 216,000 jobs in November
U.S. private employers added 216,000 jobs in November, well above economists’ expectations, a ...
Canada: GDP by industry, September 2016
Real gross domestic product rose for the fourth consecutive month in September, growing 0.3%. Higher...
OPEC Agrees to Cut Production
OPEC clinched a deal to curtail oil supply, confounding skeptics as the need to clear a record globa...
UK Housing Market Highly Uncertain
The outlook for the U.K. housing market is “highly uncertain” after the vote to leave the Europe...
It’s Italy’s Turn to Create Political Turmoil
There’s an acrimonious campaign, a vote and then a cliff-hanger result. The routine is all too fam...
Oil Up More Than 7% as OPEC Nears Deal
Oil prices jumped more than 7 percent on Wednesday as some of the world’s largest oil producer...