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5:32 pm Last Month (2791) Last Week (637) Yesterday (121) Today (99)
AUD/USD traders are beginning to see the most important part of Stevens’ speech

AUD/USD traders are beginning to see the most important part of Stevens’ speech

35 minutes ago (Adam Button)

The market is underestimating the importance of RBA Governor Glenn Stevens semi-annual appearance at the House of Representatives today. The Australian dollar has been choppy today but the latest move was to a session high at 0.9318. I think the … Continue reading → »

Some air let out of  the market run in Europe as stocks close down

Some air let out of the market run in Europe as stocks close down

42 minutes ago (Ryan Littlestone)

FTSE -0.3% Cac -0.4% Dax -0.2% Ibex +0.3% FTSE Mib -0.2% European bonds Italy 2.60% flat Spain 2.40% -3bp Portugal 3.31% -10bp Germany 0.986% -1bp German bunds still edging down through 1.0% and stocks are taking a breather ahead of … Continue reading → »

Is the European economy the ultimate dead cat bounce?

Is the European economy the ultimate dead cat bounce?

46 minutes ago (Ryan Littlestone)

A look at the annualised GDP numbers seems to suggest it is. Trevor Greetham from Fidelity Worldwide investments pens an article for the FT suggesting that Draghi’s magic spells to contain the crisis are wearing thin and that maybe it’s … Continue reading → »

Obama to make statement at 12:45 pm ET – White House

Obama to make statement at 12:45 pm ET – White House

48 minutes ago (Adam Button)

Obama will make a statement at  12:45 pm ET/1645 GMT. He’s expected to talk about the execution of the American journalist in a video ISIS released yesterday. It’s been a long time since the United States had such universal support … Continue reading → »

Ronald McDonald in trouble in Russia

Ronald McDonald in trouble in Russia

4:28pm today (Ryan Littlestone)

The Russian food safety watchdog  has said that it has found “numerous breaches of sanitary regulations” at four Maccy D’s in Moscow and has ordered the suspension of operations ... »

Russian *ahem* food inspectors orders closure of 4 McDonald’s restaurants in Moscow

Russian *ahem* food inspectors orders closure of 4 McDonald’s restaurants in Moscow

4:27pm today (Adam Button)

Russia’s food safety watchdog Rospotrebnadzor says he’s found “numerous” breaches of sanitary regulations at four McDonald’s restaurants in Moscow and ordered the temporary suspension of operations. C’mon Putin, you don’t like the Big Mac? »

USD/JPY Eyes April High Amid First Overbought Reading Since December

USD/JPY Eyes April High Amid First Overbought Reading Since December

4:25pm today (David Song, Currency Analyst)

The Dow Jones-FXCM U.S. Dollar Index struggles to push back above former support, while the USD/JPY shows the first overbought reading since December 2013. »

How Switzerland gets away with blatantly manipulating its currency

How Switzerland gets away with blatantly manipulating its currency

3:47pm today (Adam Button)

For years we’ve heard US politician rail against Chinese currency manipulation yet the country that deliberately and openly manipulates its currency is given a tacit nod. In September we will be celebrating the third anniversary of the Swiss National Bank and a Bloomberg … Continue... »

Large draw is US crude oil stockpiles but gasoline inventories unexepectedly build

Large draw is US crude oil stockpiles but gasoline inventories unexepectedly build

3:35pm today (Adam Button)

The weekly EIA oil numbers showed a 4.47m barrel draw down compared to the 1.16m consensus. That was balanced by a 0.585m build in gasoline stocks compared to a 1.6m draw expected. Oil stockpiles in Cushing, OK also rose 1.76m. … Continue reading → »

Can’t keep stocks down

Can’t keep stocks down

3:30pm today (Adam Button)

The march back toward the record highs continues in the S&P 500 as the index swings to a 1 point gain at 1983 from as low as 1977.68. Treasury yields are also near the highest levels of the day and … Continue reading → »

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