China Expected to Post Weak Q4 GDP
China is expected to post its weakest economic growth since the global financial crisis in the fourt...
British Petroleum Slashes 4K Jobs
UK oil firm BP has announced it is cutting 4,000 jobs globally, 600 of which will be lost from its N...
US Shale Proving Resilient Despite Oil Price Drop
There's growing evidence that Saudi Arabia's attempt to flood the crude market at a time of oversupp...
RBS Predicts Cataclysmic Year for Markets
"Sell everything." That harrowing advice is from The Royal Bank of Scotland, which has warned of ...
Shale Producers Face Bankruptcy if Oil Price Doesn’t Climb Back to $50
Half of U.S. shale oil producers could go bankrupt before the crude market reaches equilibrium, Fade...
USD/CAD Loonie Weaker After Oil Plummets Below $31
The USD advanced 0.242 versus the CAD in the past 24 hours. The fall in the price of oil, which tu...
Gold Dips Below $1100
Gold has started the new trading week with slight losses. In Monday's North American session, gold i...
US Crude Under Pressure, Drops to 12-year Lows
US Crude is steady on Monday, as crude futures trade at $31.73 a barrel in the North American sessio...
Strong USD Putting Pressure on Oil
The strengthening U.S. dollar could send oil plunging to $20 per barrel. That's the view of analyst...
Fed Shrank Balance Sheet by $248.7B Thanks to Safe Haven Demand
Frightened by China's roller coaster equity prices and Europe's accelerating deconstruction, investo...
Yuan Slightly Higher after Intervention
China’s yuan again dominated moves on major foreign exchange markets on Monday, driven 1 percent h...
Gold Falls But Remains Near Highs on Safe Haven Demand
Gold prices are moderately higher and trading back above $1,100.00 in early U.S. trading Mon...
Crude Falls to Near 12 Year Lows
Oil prices fell for a sixth session to trade at almost 12-year lows on Monday as concerns ab...
Oil 2020 Contracts Falls to $50
The growing gloom that sent oil markets reeling last week appears to be much more than a short-term ...
Central Bank Intervention Losing Effectiveness
As a new round of competitive devaluation looms, evidence is mounting that currency interventions ar...
India Remains Strongest EM Growth Nation
You know a country has it good when the worst news to emerge in the last year is a warning that econ...
Chinese Shares Fall 5% as Policy Confusion Remains
Chinese shares fell 5% to a three-month low after confusion about the direction of the Chinese curre...
Rand Tumbles in Asian Session
South Africa's rand tumbled to a fresh record low against the U.S. dollar in erratic Asian trade on ...
Bloomberg Ranks Worst Economic Performers in 2016
For the world's worst-performing economies, no good will come from New Year's resolutions to do bett...
Canadian Housing Starts Lower in December
The trend measure of housing starts in Canada was 203,502 units in December compared to 208,204 in N...