Please try another search
Our economy is a mystery to almost everyone, including economists. Let me explain the way I see the situation:(1) The big thing that pulls the economy forward is the time-shifting nature of debt and...
Japan is currently undergoing one of the most significant central bank policy reconstructions in recent times. The Bank of Japan are ambitiously striving for 2% inflation while broadly expanding their...
by Eli WrightRisk-on sentiment is back with a vengeance. Global equity markets were mostly higher yesterday, with Wall Street in particular setting new records. Yesterday, European markets all...
There is the sensation that a surprise announcement could hit the headlines today, as the European Central Bank (ECB) meets in Frankfurt.The ECB is expected to leave its interest rate policy...
The quantitative easing (QE) programs that started in the second quarter of 2015 remain controversial, especially in Germany. The sums involved are substantial: since the start of the first program,...
President-elect Donald Trump’s tax plan will be the “largest tax change” since Reagan, Steven Mnuchin told CNBC in a 11/30 interview. That was the day after Trump officially cast the...
GBP/CADToday’s support: - 1.6650 (main), where correction is possible. Break would give 1.6622, where correction also may be. Then follows 1.6597. Break of the latter would result 1.6572. If a...
US equities surged to new record highs overnight as the Trump rally continued. DJIA gained 297.84 pts, or 1.55%, to close at 19549.62. S&P 500 jumped 29.12 pts, or 1.32% to close at 2241.35. Both...
The TRY has been hit by a perfect storm of negative domestic developments and foreign factors, including a stronger USD, higher oil prices (affecting the current account negatively) and higher US...
Australia suffered its worst GDP decline since the financial crisis in 2008. Economists expected a decline of 0.1% but Third Quarter GDP Declined 0.5%.Trade data subtracted 0.2 percentage points and...
ECB likely to leave rates unchanged while extending QE program US jobless claims on track to fall, moving closer to a 43-year low Will the mood in the US consumer sector hold on to recent gains? The...
Avid investors drove the DAX (+1.08%), the CAC (+0.92%) and the FTSE MIB (+0.68%) higher regardless of the overbought market conditions and looming political risks.The major driver of the European...
The US dollar is little changed against most of the major currencies. Sterling is the notable exception, losing about 0.75% to trade at three-day lows. It was on the defensive in early European...
Forex News and EventsSwiss FX reserves hit record level The foreign exchange reserves of the Swiss national Bank rose by CHF 17.6 billion in November to CHF 648 billion, setting a new record. During...
US futures are pointing to another higher open on Wall Street on Wednesday, with traders eyeing upcoming central bank meetings on what is otherwise likely to be a relatively quiet...