4 Main Takeaways from the November Beige Book Release
If you didn't get a chance to read the Fed's freshly released Beige Book report, don't you worry! I've summed it all up into four important points you should take note of.… More…
Extra, extra! Read all about it! Spanish banks have just been given cash to recapitalize themselves. Find out what this means for the euro!… More…
If you didn't get a chance to read the Fed's freshly released Beige Book report, don't you worry! I've summed it all up into four important points you should take note of.… More…
The long wait is over! The EU and IMF finally came to an agreement on how to help out Greece. I've covered all the details regarding the brand new bailout deal right here in today's edition of Piponomics!… More…
Surprise, surprise! The Bank of England just announced Mervyn King's successor but as it turns out, he ain't a Brit! Bank of Canada Governor Mark Carney is jumping across the Atlantic to head the BOE!… More…
Move over, Greenback! We might just have a couple of new kids in the currency reserves block! Why does the IMF plan to add the Aussie and the Loonie to its official currency reserves list?… More…
After France saw its prized AAA-credit rating downgraded by Moody's, market junkies move on to who will get stripped of its pristine investment-grade rating next. Some say the U.K. could be next in line.… More…
It's no mystery that the U.S. economy faces a myriad of challenges. But recent data may indicate that things may be looking up for the world's largest economy in the new year.… More…
Yesterday, the BOE released the minutes of its most recent policy meeting. The minutes revealed that all 9 voting members opted to maintain the bank rate at 0.50% but there was a minor disagreement with regards to the expansion of its asset purchase facility. … More…
Yesterday, the BOJ ended its policy meeting with a unanimous decision to keep the both the benchmark interest rate and the quantitative easing program unchanged. How long can the BOJ hold off more easing measures? … More…
In a "surprise" move late yesterday, ratings agency Moody's slapped France with a downgrade. Read on to find out why and how this affected the euro! … More…
Guess what? Greece is under the spotlight again! What's the biggest risk for Greece now and how will it impact the economic prospects of its neighbors?… More…
While all eyes are on the U.S. fiscal cliff, the euro zone debt drama, and Japan's government troubles, is the RBA quietly doing its own version of quantitative easing? … More…
A couple of days ago, Japanese Prime Minister Noda threw in the towel and called for snap general elections. Why did the yen react so negatively to this announcement?… More…
Barely two months have passed since the Fed rolled out QE3 and already the markets are abuzz with talks of QE4. Is it just a matter of time before the Fed strikes again?… More…
BOE Governor Mervyn King rocked the markets yesterday with his very gloomy outlook for the British economy. What is the central bank worried about now?… More…
Looks like Obama wants to get a head start on addressing the fiscal cliff! Read on to find out what he's been doing to get the ball rolling!… More…
You know what's bad? Frozen sushi. But you know what's even worse? Japan's Q3 2012 GDP report. What are the odds that Japan will fall back into recession?… More…
Looking for a hot news report to make some pips off of? Well, here's a report that only swings our way every 3 months! I'm talking about the New Zealand retail sales report of course!… More…
The BOE may have decided not to expand its asset purchase facility, but in doing so, it gave us more to look forward to!… More…
Earlier this week, the Greek Parliament's decision on additional austerity measures got drowned out by all the hoopla of the U.S. elections. Now that Greece is one step closer towards more receiving bailout funds, what's next for the bailout poster boy?… More…
What the heck boosted New Zealand's unemployment rate to its 13-year high?! More importantly, how will this affect the RBNZ's future monetary policy decisions? Here's my two cents. … More…
Welcome back to the White House, Barack! Thanks to a late surge in votes, Obama pulled ahead of Romney to win his second term as President. Read on to find out how his victory may affect the forex market going forward!… More…
I've got everything you need to know about tomorrow's BOE and ECB rate decisions right here! What are you waiting for? Arm yourself for battle with my rate decision previews!… More…
Last Friday, the U.S. employment report was released. It produced quite a hefty impact on the dollar's price action, but was it good or bad? … More…
If you're looking for an opportunity to trade the news early this week then Canada's Ivey PMI release could be your chance to grab some quick pips. Here are some trading tips for USD/CAD based on previous releases.… More…
Heads up! RBA Governor Stevens and his men are gearing up to make their monetary policy decision this week. Here are some reasons why an RBA rate cut might be in the cards.… More…
Planning to trade the news next week? You might want to take a look at the U.S. ISM non-manufacturing PMI release and how it could affect EUR/USD. I have some tips and tricks for y'all right here!… More…
A year after it capped the franc to the euro, the SNB reported that it was able to score a hefty profit from its "franc positions." Does this mean the central bank has been successful in its monetary policy?… More…
The ISM Manufacturing Survey is based on comments from purchasing managers in the manufacturing sector. It’s the first piece of news on the economy every month and provides the earliest clues of how the economy has fared during the previous four weeks.… More…