Forex Gump

Yes, China raised rates again yesterday, but this wasn’t exactly a surprise. If you’ve been paying attention in class instead of playing Moviecat on your iPhone4, then you’d know that rates hikes are a developing trend by the People’s Bank of China (PBoC)!

In its statement last Friday, the Reserve Bank of Australia (RBA) kept interest rates at 4.75% and raised its economic growth forecasts for 2011. But with disappointing economic data popping up in Australia lately, is the RBA being too hawkish on its economy?

Tsk tsk, it looks like the Democratic Party of Japan (DPJ) is really losing its touch. In the regional elections last weekend, the Japanese public refused to show some love for the DPJ’s candidates. What gives?

Extra, extra! Read all about it! Employment reports from the U.S. and Canada confuse markets with diverging job growth and unemployment rates. Which should you pay attention to?

It looks like Germany is now willing to loosen up its purse and increase the scope and size of the European Financial Stability Fund (EFSF). Is Germany stepping up its big brother role, or is it up to something else? Read on to see what Germany wants in exchange for its consent.

It seems that people grew tired of pointing fingers at the emerging economies and the ongoing conflict in Egypt, because the Fed is now getting blamed for being the culprit for this inflationary mess. But don’t fret, Big Ben is here to defend the Fed!

Here’s a Chinese New Year special for ya! Early this week I mentioned a few reasons why China’s GDP might be bigger than you think. But since I’m an open-minded kind of guy, I now give you two reasons why China’s GDP could actually be smaller than the reported figure.

Ah, the month of love. With the non-farm payrolls report just around the corner, will we have something to celebrate about? Or will we get another heartbreak?

The political hoopla in Egypt has somewhat subsided in the past few days, but worrywarts of global markets are just getting started with their anxiety spells! Find out how Egypt’s protests could affect oil prices, the comdolls, and even the Greenback.

One of the news events that cut into your Australian Open TV time a couple weeks back was the stellar results on China’s GDP report. According to estimates, China expanded by a whopping 9.8% in the final quarter of 2010.