Week in FX Americas VP Debate Heats up Election
The US stock market closed at a loss as earnings season continues. The market's attention has been f...
Week in FX Europe Spain holds on Bailout Request
Last week Spanish Finance Minister de Guindos stated that Spain doesn't need a bailout. That stateme...
Week in FX Asia Chinese Household Confidence Falls
A survey by Bank of Communications Ltd, one of the major state-owned banks in China, revealed that C...
Spain Has Plan Might Involve Bailout Request
Spanish Finance Minister Luis de Guindos who last friday made the crowd laugh with his claim that "S...
Rift Growing between IMF and rest of Troika
The International Monetary Fund is starting to break away ideologically from the rest on the troika ...
UK Constructions Falls in Q3
UK construction output slumped in the last three months, as the government reduced its spending on h...
IMF Supports Greece Request for an Extension
The Head of the IMF, Christine Lagarde backs the time extension requested by Greece. It is no surp...
Singapore Economy Avoids a Technical Recession
Singapore's gross domestic product (GDP) contracted 1.5% in the July to September period, compared w...
EUR Hanging Tough
The majors are managing to hold the status quo in another uneventful overnight session. FX traders a...
China port shipments points to strong Christmas season
The export outlook for Asia is suddenly looking much improved, with analysts Friday buzzing about a ...
US Jobless Claims “missing” data.
Many were struck in awe at a much better than expected US Jobless Claim yesterday, with actual figur...
Australia Banks not passing full RBA rate cuts to consumers
To quote Albert Einstein: Insanity is doing the same thing over and over again and expecting differe...
Japan and China Aim to Reduce Tensions with Talks
Japan and China agreed to talks aimed at reducing tensions over a territorial dispute a day after Ja...
EU Leaders Will Consider a Separate Eurozone Budget at Meeting in Brussels
EU leaders meeting in Brussels next week will consider creating a separate budget for the 17-nation ...
Despite the Economy Shrinking, Singapore Refrains From Monetary Easing
Singapore’s central bank unexpectedly refrained from easing monetary policy even as the econo...
Germany Proposes Tax Cuts Again as Rest of Europe looks at Austerity
Germany's planned tax cuts could stabilize domestic demand and help stimulate the European economy, ...