Tankan Time!
Japan takes center stage on Wednesday as they release the results of their quarterly Tankan survey. What kind of results will we see and how could these affect the Japanese yen?… More…
Yesterday, we saw just how huge of an effect China has, not only on the global economy, but on the forex market as well. If you're at a loss as to what I'm talking about, take a look at your charts. You'd see that most of the major currencies, particularly the Aussie, took a massive hit and gave away triple-digit pips to the dollar and the yen in just a single day. Lemme tell you why!… More…
Japan takes center stage on Wednesday as they release the results of their quarterly Tankan survey. What kind of results will we see and how could these affect the Japanese yen?… More…
Too busy watching Germany beat England yesterday to catch up on those G20 talks? Don't worry, lemme break those talks down for you and point out what you missed out on. … More…
Well, wadya know?! It looks like there's a dissenter in the Bank of England's Monetary Policy Committee! I wonder... Who could it be?… More…
Brits better brace themselves for a harsh round of austerity measures now that Chancellor Osborne unveiled the emergency budget plan. Yet what do I see after the report? A pound rally! What gives?… More…
Gotcha! You didn't think it would be THAT easy did you?!? In any case, let's turn the spotlight on this week's main event: the FOMC rate decision. Will the Fed finally omit their favorite "extended period" phrase this time around?… More…
Just this weekend, the PBOC announced that they'd let the Yuan move more freely against the dollar. It seems that Chinese officials are finally giving in to the pressure - both from the US and from inflation! … More…
Uh oh, now that the US government tax credit program has already expired, what's next for the housing market? Housing figures for May ain't looking so good! Is there something that the Fed could do to push those housing numbers back up?… More…
Yesterday, the BOJ released its monetary policy statement. Although it did leave the benchmark interest rate steady, the bank unveiled the details of a new lending facility to encourage lending to businesses. … More…
After a couple of weeks of nappy time, China popped its head back into the markets with some shocking economic figures. With the data showing more signs of growth for the Chinese economy, is it time for the PBOC to tighten their monetary belts?… More…
As you probably know by now, UK's ballooning public deficit has been the center of attention amongst traders these past few months. Let's take a look at the recent figures and statements to see how much trouble they're in. … More…
One by one, European nations have been announcing that they plan to implement austerity measures to help with their respective deficit problems. Austerity measures? What the heck is that? Is this a new fad I don't know about? Sounds Na'vi to me! … More…
Now that the Bank of Canada followed the Reserve Bank of Australia's lead and hiked rates last week, is it time for the Reserve Bank of New Zealand to follow suit?… More…
First Greece. Now Hungary? Yikes! There seems to be another case of sovereign default brewing in Europe! What does this mean for the slumping euro?… More…
It's that time of the month again when one of the most important economic data gets published. Of course, I'm talking about the US non-farm payrolls report!… More…
It looks like Japan will be heading to summer school again, as it recently got three D's on its latest report card! What are Japan's problems now? Deflation, debt, and disastrous politics!… More…
The Reserve Bank of Australia finally ended its hot streak and decided that current interest rate levels are appropriate. I guess the question that is on the mind of every Aussie trader is this: How long will the RBA sit on the sidelines before they begin to think about raising rates again?… More…