Asian Stocks Continue to Move Up | 2/27/2015 7:31:59 AM
Strong fundamentals pushed the Nikkei to fresh 15-year highs in recent sessions, leading some analysts to raise their targets amid expectations that upside momentum will continue amid strong fund flows.
Kiwi and Aussie Dollars Draw Markets’ Focus | 2/26/2015 1:24:10 PM
The Antipodean currencies, in other words the Kiwi and Aussie Dollars, were the market’s key major movers today, albeit moving in opposing directions as a result of a divergence in signals on their respective economic health.
Asian Shares Down; Dollar Steadies | 2/26/2015 9:17:42 AM
Asian shares prices edged away from five-month highs on Thursday, while the dollar steadied after slipping on Federal Reserve Chair Janet Yellen's indication that the U.S. central bank is in no hurry to hike interest rates.
Dollar Shredded by Yellen Testimony | 2/25/2015 6:37:33 PM
Janet Yellen, the head of the US Federal Reserve Bank, disappointed dollar bulls yesterday when she testified in front of the U.S. Senate and maintained a decidedly dovish tone, which suggested to FX investors that the Fed wasn’t ready to begin a true tightening cycle involving any potential rate hike.
Greece Seeks Euro Trust | 2/25/2015 9:12:31 AM
On Tuesday, euro zone finance ministers accepted a list of Greek reform proposals and gave Athens a four-month extension of its bailout program while warning that the reforms must be expanded in detail before new bailout funding would be released.
Inflation Expectations Tank Kiwi Dollar | 2/24/2015 12:00:54 PM
The release of the Reserve Bank of New Zealand’s inflation report which showed inflation likely diving in the future weighed heavily on the New Zealand Dollar against its major peers.
HSBC Faces $1 Billion More in FX Fines | 2/24/2015 7:21:19 AM
HSBC Holdings Plc has set aside $550 million more to cover potential fines for alleged manipulation of foreign exchange markets and warned it could face a $500 million bill to compensate U.S. customers sold debt protection products.
Euro Momentum Ebbs Despite Debt Deal | 2/23/2015 8:35:16 PM
On news that a conditional loan extension was on the verge of having been reached in Greece, the Swiss Franc dipped toward a 5-week trough as investors’ flight to safety deteriorated.
Greece Sends EU Debt Proposals | 2/23/2015 9:57:40 AM
So what is Greek Finance Minister Yanis Varoufakis proposing to save his country from being ejected from the Eurogroup?
Greece's Tsipras under Pressure | 2/23/2015 9:06:49 AM
Greek Prime Minister Alexis Tsipras has less than 24 hours to come up with financial measures that satisfy both the demands of euro-region creditors and his anti-austerity party.
Weekly Economic & Political Timeline | 2/22/2015 9:17:16 AM
Get the economic and political timeline updates for the week of February 23, 2015 here.
Greece Continues to Do Battle | 2/22/2015 9:02:06 AM
Greece’s hoped for anti-austerity turn-over ended on Friday when finance ministers from the 19 countries that use the euro, known as the Eurogroup, gathered for their third emergency meeting in two weeks and reluctantly concluded an agreement to extend bailout funds to Greece for four months.
Eurozone Meets Today on Greece | 2/20/2015 7:59:53 AM
Looks like today will be a decisive day for Greece. After rejecting a Greek proposal for a six-month extension to its euro zone loan agreement on Thursday, all eyes are focused on today’s scheduled meeting of euro zone finance ministers .
Crude Supplies Hit Record High | 2/19/2015 10:44:08 AM
Energy stocks continue on their roller coaster ride with no one certain where and when it will reach bottom.
ECB Extends Liquidity for Greek Banks | 2/19/2015 9:17:15 AM
After weeks of Greece’s request for assistance, the European Central Bank has gone ahead and approved a 68 billion euro ($78 billion), two-week extension on emergency liquidity for Greek banks.