US Markets Regain Composure After Rough Two Weeks
Encouraging Gains in US Futures It would appear stock markets are starting to regain some of their composure following a couple of very volatile weeks in which US indices fell more than 10% from their...
View ArticleRamaphosa elected president of South Africa
Cyril Ramaphosa was elected as South Africaâs president in a parliamentary vote on Thursday after scandal-ridden Jacob Zuma reluctantly resigned on orders from the ruling African National...
View ArticleUS weekly jobless claims rebound from near 45-year lows
The number of Americans filing for unemployment benefits rebounded from a nearly 45-year low last week, but remained below a level that is associated with a tightening labor market.read more...
View ArticleU.S Producer Prices Rise in January
U.S. producer prices accelerated in January, boosted by strong gains in the cost of gasoline and healthcare, offering more evidence that inflation pressures were building up.read more...
View ArticleUS/German Bond Yield Gap Hits 10-month high
The gap between German and U.S. 10-year borrowing costs reached its widest point since April 2017 on Thursday after a higher-than-expected inflation print in the United States led to a sharp sell-off...
View ArticleUSD/JPY â Yen Climbs to 3-Month High as Dollar Under Pressure
The Japanese yen has posted gains in the Thursday session, continuing the upward trend seen we’ve seen for most of the week. In North American trade, USD/JPY is trading at 106.36, down 0.60% on the...
View ArticleNew German Government Could End Anti Stimulus Bias
Germany could break away from years of fiscal discipline and become less of an economic example, amid plans by its new government to increase spending, analysts told CNBC.read more...
View ArticleCyril Ramaphosa Sworn in as South Africaâs New President
African National Congress (ANC) leader Cyril Ramaphosa has been sworn in as South Africa’s new president, following his predecessor Jacob Zuma’s departure Wednesday night after a long power...
View ArticleBrexit Expected to Cause a Recession in the UK
A majority of private equity executives and distressed debt investors are expecting a recession to hit the U.K. economy in the next two years, according to a new report.read more...
View ArticleUS 10 Year Yield Reaches Four Year High
U.S. government debt yields notched new highs Thursday amid of a slew of new economic data that provided more evidence of inflation pressure.read more...
View ArticleUS Homebuilder Confidence Remains High in February
Tax cuts are still making homebuilders feel better, even as mortgage rates rise to the highest level in more than four years.read more...
View ArticleGBP/USD â Pound Higher as Sentiment Remains Negative on Greenback
The British pound continues to head higher this week. In Thursday’s North American trade, GBP/USD is trading at 1.4067, up 0.48% on the day. On the release front, there are no British events on the...
View ArticleGold Takes Breather After Strong Gains
Gold prices is trading sideways in the Thursday session, after surging higher on Wednesday. Currently, the spot price for an ounce of gold is $1351.30, up 0.05% on the day. On the release front, PPI...
View ArticleHigh Levels of Canadian Debt Worry BoC
A senior Bank of Canada official says the central bank is looking at how the high levels of household and public debt could pose a challenge to how it manages monetary policy.read more...
View ArticleEUR/USD â Euro Hits 3-Year Higher as German Inflation Jumps
The euro rally is steady in the Friday session. Currently, the pair is trading at 1.2503, down 0.02% on the day. On the release front, the German Wholesale Price Index climbed 0.9% in January,...
View ArticleDAX Gains Ground as Dollar Under Pressure
The DAX index has posted considerable gains in the Friday session. Currently, the index is trading at 12,418.30, up 0.58% since the Wednesday close. On the release front, the sole release was the...
View ArticleUSD/CAD â Canadian Dollar Trading Sideways, US Housing Reports Next
The Canadian dollar is showing little movement in the Friday session, continuing the trend we saw on Thursday. Currently, USD/CADÂ is trading at 1.2493, up 0.10% on the day. On the release front,...
View ArticleUS Indices on Course For Full House
Futures Point to Full Week of Gains After Sharp Correction US equity markets could end the week with a full house of gains as long as indices manage to hold onto the small gains being seen in futures...
View ArticleDollar Regains Ground Ahead of Fed Minutes
Oanda Forex BlogHigher US inflation fails to spark dollar revivalread more...
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