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A Gallup poll conducted in May and June but just released yesterday shows Majority of Greeks Say Adopting Euro Has Harmed CountryAs the Greek debt crisis came to a head again earlier this summer, it's...
Eurozone GDP growth should remain at 0.3% in today’s revised estimate for Q2 There should be a welcome uptick in small business sentiment in the US The US labour market conditions isn't likely...
Chinese Foreign Exchange Concerns: With both the US and Canada enjoying their Labor Day long weekend, the Forex majors experienced a peaceful, sideways drift to begin the week. With North America out...
China’s foreign-exchange reserves fell by a record last month, as the central bank sold dollars to support the yuan after the biggest devaluation in two decades spurred bets on continued...
In a familiar refrain, EM assets are starting off the week on a soft note, with markets picking up where they left off on Friday. With China markets reopening after a two-day holiday, the Shanghai...
The bear case is fairly compelling right now. However, it seems always to be compelling because it plays to our basic instinct of fear, which can often trump greed—the other basic instinct...
Last Friday, the Richmond Fed’s president, Jeffrey Lacker sparked debate in a speech entitled “The Case Against Further Delay.” Lacker admitted that the US economy is no longer in an...
The highly anticipated US jobs report for the month of August, which was released last Friday, did not provide clarity regarding the state of the country’s economic recovery. For the US Federal...
The latest IMM data covers the week from 25 August to 1 September 2015 IMM positioning data released on Friday reveal that for the first time in three weeks speculators added bearish EUR positions ....
This week the G10 FX Financial Scorecard recommends buying CHF, CAD and AUD while selling JPY, USD and EUR.Last week's signals resulted in a 1.3% loss. In particular, the long NZD and CHF positions...
The widely anticipated US August jobs report headlined with a disappointing 173k increase in nonfarm payrolls (lowest since March). The silver lining was in the 44k upward revision of the previous two...
•Mixed NFP brings no further clarity Friday’s much-awaited nonfarm payrolls (NFP) were expected to settle the question of whether the Fed would hike in September, but in the event they were...
The last job report from the US did not bring us more than a bumpy ride in the FX market last Friday. The non-farm payrolls printed well below expectations at 173k in August versus 217k median...
U.S. shares moved lower on Friday to end another week of declines as the latest employment data failed to provide a clear indication of whether the Federal Reserve would opt to raise interest rates...
Miners back in demand. For now.The FTSE is showing all sectors in the green this morning with low trade volumes the order of the day owing to US Labour Day. Glencore (LONDON:GLEN) is the highest riser...