Australia First G20 Country to Raise Interest Rates
The Reserve Bank of Australia unexpectedly increased rates from 3.0% to 3.25% on Tuesday. This is th...
UK Industrial Output Slides in August
The fall in Industrial output was the result of factory shutdowns and oil and gas plants annual m...
Oil States Deny British Report on Replacing the US Dollar
The rumors started by a British newspaper were dissipated after a group of Oil producing countries...
The ‘Big Dollar’ has caught more than the Flu! Where is its vaccine?
Insatiable appetite for anything other that the USD is rabid! There is so much cash on the sidelines...
Greenspan Sees 10% Unemployment Likely
Suggesting that the current 9.8 percent unemployment is "pretty awful", former Federal Reserve Chair...
Merril Analyst Says Demand, Weak Dollar Could Push Oil to $100
Merrill Lynch analyst Francisco Blanch was quoted in the Global Energy Weekly that oil prices could ...
US Dollar Falls on Stock Market Gains
Investors abandoned the dollar today as the Institute of Supply Management Index rose to 50.9 from 4...
Bank of Canada Hints at Exchange Rate Volatility
Canada was founded on, and remains highly dependant upon, its exports. In addition to being blessed ...
Roubini, Soros Warn Stock Markets Could Lose Gains
Nouriel Roubini continues to warn that we are in the midst of a "W-shaped" recovery, while famed cur...
G7 Minister’s Accept Weaker Greenback
The US dollar appears poised to fall against the other majors as signals from the G7 ministers' meet...
‘Roubini Recession, Bernanke Depression’- a new Dylan title?
‘Too much, too fast’, that sounds like a movie title and nothing asso...
US lose 263,000 jobs last month Unemployment rate at 9.8%
This morning’s NFP print took all of the market by surprise apart from GoldmanâÃ...
Oil Falls on Weak US Employment News
A greater-than-expected loss of jobs in the US has nervous oil investors backing down from yesterday...
US Lost More Jobs Than Expected
The latest unemployment figures show that the US economy lost 263,000 more jobs in September bringin...
9.8% US Unemployment Rate with over 10.4 million on Jobless Benefits.
Is this it? Is this the big one? Will we get to print that 10% US unemployment rate this morning? 9....
BoE to Exit QE Program in 6-12 Months According to Poll
Analysts are forecasting an end to the Quantitative Easing program that the Bank of England has been...