Forex Gump

Is it just me or are the PBoC’s tightening moves not working? Last time I checked, annual inflation in China jumped by 6.4% in June. That’s its highest level in three years!

Just when all hope seemed lost, a band of heroes emerged from the darkness, with a proposal to save the U.S. from default. Can the Gang of 6’s proposal survive U.S. politics and will their proposal be implemented before time runs out?

It’s hard to imagine that it was just this March that Japan’s foundations were rocked by the earthquake and tsunami combo that flattened entire towns. How is the world’s third largest economy faring four months later?

For those of you who love trading the news and are just looking for the next big report that could spark some volatility in the markets, look no further! Today, I present to you Forex Gump’s guide to trading the U.K. retail sales report!

With euro zone leaders scrambling to ease debt contagion fears, U.S. officials bickering over the debt ceiling, and the BRIC (Brazil, Russia, India, and China) nations on the verge of overheating, it seems that the worst is yet to come for the global economy.

The much-awaited EU-wide stress test results showed that only 8 out of 90 banks failed. The market initially predicted that about 15 wouldn’t meet the criteria. Good news? Why does it seem like investors are still jittery?

There are still four rate statements left before 2011 comes to an end. But is the Bank of Canada (BOC) already done for the year?

With the market spotlight shining bright, the U.S. and Italy have got their dance shoes on and are hitting the floor, trying to stave off elimination. But while you might think that they’re grooving to the same economic beat, the two nations’ dance moves couldn’t be more different.

Federal Reserve Chairman Ben Bernanke confirmed the fears of investors on Wednesday. No, he’s not shaving his beard nor is he gonna start wearing a toupee. According to Big Ben, the U.S. may not be far off from getting QE3.

After reading up on the minutes of the last FOMC meeting, it seems that QE3 is back in play! Here are three reasons why the Fed might just pull the trigger!