Market News

Will the BOC Hike Rates Soon?

Judging from the tone of the BOC’s recent rate statement, it seems that the Canadian central bank is feeling optimistic about their economy. Does this mean we could see a BOC rate hike this year?

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“Fixit” Scare No More?

Will Finland stay in the euro zone after all? What incentives are the euro zone officials offering and what does it say about the future of the monetary union? I got the details right here!

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FXCM June Metrics Are Out!

In its most recent metrics report, forex broker FXCM reveals a few statistics that could help us determine the overall trend during the first half of this year in the retail and institutional forex trading industry.

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Chinese Economy Bottoming Out?

Yes, yes, I know that Chinese GDP growth fell for the SIXTH consecutive month, but some believe that streak may come to an end soon. In fact, some are saying that we could be in for a huge comeback later this year…

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Euro Zone Breakup to Start with Finland?

Just when we thought that euro zone officials are willing to do anything to keep the region intact, Finland’s Finance Minister hinted that they would rather ditch the euro than bail out other debt-ridden countries. Is a “Fixit” in the cards?

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Goodbye, QE3?

The FOMC minutes left markets disappointed once again as they failed to hint at more stimulus. Should we say goodbye to the prospect of QE3?

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People who succeed have momentum. The more they succeed, the more they want to succeed, and the more they find a way to succeed. Similarly, when someone is failing, the tendency is to get on a downward spiral that can even become a self-fulfilling prophecy.Tony Robbins