The main theme in Asia and Europe has been a somewhat heavier dollar tone, against the major and emerging market currencies. There has not been much of a fundamental driver as perhaps a bit of caution in a stretched-market ahead of key levels ($1.25 for the euro and JPY110 dollar-yen). Global e…
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Dollar Corrects a Bit
Scientists have used Ebola disease spread patterns and airline traffic data to predict a 75 percent chance the virus could be imported to France by October 24, and a 50 percent chance it could hit Britain by that date. Those numbers are based on air traffic remaining at full capacity. Assuming a…
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High risk Ebola could reach France and UK by end-October, scientists calculate
Scientists have used Ebola disease spread patterns and airline traffic data to predict a 75 percent chance the virus could be imported to France by October 24, and a 50 percent chance it could hit Britain by that date. Those numbers are based on air traffic remaining at full capacity. Assuming a…
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High risk Ebola could reach France and UK by end-October, scientists calculate
Goldman Sachs Group Inc. says investors shouldn’t rush to anticipate a rate increase from the Federal Reserve after jobs gains beat economist forecasts. BlackRock Inc. said it’ll happen sooner than expected. “Not so fast,” Jan Hatzius, the chief economist at Goldman Sachs in New York wrote in a …
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Goldman Says Not So Fast as BlackRock Sees Earlier Fed Increase
Goldman Sachs Group Inc. says investors shouldn’t rush to anticipate a rate increase from the Federal Reserve after jobs gains beat economist forecasts. BlackRock Inc. said it’ll happen sooner than expected. “Not so fast,” Jan Hatzius, the chief economist at Goldman Sachs in New York wrote in a …
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Goldman Says Not So Fast as BlackRock Sees Earlier Fed Increase
Japan’s Finance Minister Taro Aso said the yen, which struck a six-year low against the dollar last week, was not particularly weak, while Prime Minister Shinzo Abe said the currency’s decline was both good and bad for the economy. Their comments were the clearest signal given so far that Japan’s…
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Japan PM, Finance Minister unalarmed by weak yen for now
Japan’s Finance Minister Taro Aso said the yen, which struck a six-year low against the dollar last week, was not particularly weak, while Prime Minister Shinzo Abe said the currency’s decline was both good and bad for the economy. Their comments were the clearest signal given so far that Japan’s…
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Japan PM, Finance Minister unalarmed by weak yen for now
Gold and silver priced in USD both fell after Friday’s highly anticipated US jobs report. The US NFP data reported 248K jobs added in September, while the unemployment rate fell to 5.9%, the lowest in 6 year. This boosted the USD and naturally pulled down anything priced in the USD. As we begin a…
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Gold and Silver Approaching Key Long-term Levels
Gold and silver priced in USD both fell after Friday’s highly anticipated US jobs report. The US NFP data reported 248K jobs added in September, while the unemployment rate fell to 5.9%, the lowest in 6 year. This boosted the USD and naturally pulled down anything priced in the USD. As we begin a…
The rest is here:
Gold and Silver Approaching Key Long-term Levels
A growing supply glut coupled with a strong U.S. dollar kept Brent crude oil prices low on Monday. The commodity traded at $92.28 at 7:30 GMT after losing about 5 percent last week. The U.S. economy has …
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Brent Steady Near $92
Whilst many FX companies across all sectors have spent the last few months operating very conservatively at a time when low volumes plagued their results on an ongoing basis, retail FX giant FXCM has been firmly engaged in an extensive growth program, picking up high-value client bases from other…
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FXCM implements new pricing model in the United States
Whilst many FX companies across all sectors have spent the last few months operating very conservatively at a time when low volumes plagued their results on an ongoing basis, retail FX giant FXCM has been firmly engaged in an extensive growth program, picking up high-value client bases from other…
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FXCM implements new pricing model in the United States
The European Commission is likely to reject France’s 2015 budget draft at the end of October and ask for a new one that would better reflect Paris’ deficit reduction obligations under European Union rules, several euro zone officials said. It would be the first time the EU executive exercises its…
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EU likely to reject France’s 2015 budget, ask for tighter one
The European Commission is likely to reject France’s 2015 budget draft at the end of October and ask for a new one that would better reflect Paris’ deficit reduction obligations under European Union rules, several euro zone officials said. It would be the first time the EU executive exercises its…
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EU likely to reject France’s 2015 budget, ask for tighter one
The Bank of England has today published four papers that propose changes to improve the resilience and resolvability of deposit-takers and reduce the disruption to customers and the system if a deposit-taker or insurer fails. Following recommendations made by the Independent Commission on Banking…
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Bank of England announces proposals to strengthen the financial system
The Bank of England has today published four papers that propose changes to improve the resilience and resolvability of deposit-takers and reduce the disruption to customers and the system if a deposit-taker or insurer fails. Following recommendations made by the Independent Commission on Banking…
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Bank of England announces proposals to strengthen the financial system
Gold slumped to its lowest level in 15 months on Monday, leaving investors split over the near-term outlook as it trades near key technical levels. Better-than-expected U.S. jobs data on Friday boosted the dollar and dampened safe-haven demand for gold, pushing prices to $1,183.46 on Monday. …
In October, the composite index for the euro zone falls for the third time in a row. As both the assessment of the current situation and the 6-month expectations are now clearly in negative territory, the sentix indices signal shrinking output for the euro area. And there are no positive news coming…
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Sentix: Euro zone shrinking, the world feeble
September saw a solid and accelerated decrease in eurozone retail sales, the latest PMI® figures from Markit showed. The rate of decline was the sharpest since April 2013, reflecting deepening downturns in trade in both Germany and France. Sales also continued to fall in Italy, though the rate of…
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Downturn in eurozone retail sector continues
For all their calculating nature, economists are surprisingly optimistic about humanity’s ability to have as much prosperity as it wants. Express concern about the negative impact of excessive growth on our planet’s ecosystems, and many will simply chuckle and say you don’t understand what growth…
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Economists Are Blind to the Limits of Growth
