Market News

Extra! Extra! Read all about it! The currencies experienced a lot of action yesterday as traders came back from their long holiday weekend. Let’s see what the market has in store for us today.

Got your eyes set on trading tomorrow’s U.K. GDP report? No problem! I have on my plate a fundamental and technical analysis that just might help you catch those pips! Check it out yo!

Need to know what’s poppin’? No worries – Pip Diddy’s here to give you the 411 on the latest events you should keep an eye on today!

It’s the talk of the Forex town. Economic gurus the world over, including yours truly, have warned you about the inevitable: a Greek debt default. But I’m a man who believes that there are always two sides to every story.

Time’s up for Easter egg hunting guys! Now, who’s ready to hunt for pips? If you are, then check out my roundup to see how you can go for the kill on the charts this week!

That’s right folks, Switzerland might actually be Japan’s long lost brother-from-another-samurai-mother! Not only do they both have delicious chocolates and awesome skiing resorts, but they actually have some economic similarities as well!

Maybe the European Central Bank hikes interest rates again as soon as June. Maybe the US Congress will continue to butt heads on deficit reduction plans. Maybe the Federal Reserve will resort to some new form of economic stimulus, aka QE3.

Just when we thought that Canada was getting boring again, its CPI figures come in way higher than what most analysts had expected. Will it put enough pressure on the Bank of Canada to hike its interest rates?

Last trading day of the week, kids! Are you up for more crazy moves? Catch more pips before the long weekend by reading my economic news!

In a shocking ninja-like move last Monday, ratings agency hotshot S&P downgraded its credit rating outlook for the U.S. What happened?

Get your daily dose of fresh economic updates in my roundup today. You never know what’s around the corner, so get your act together, be prepared, and read up!

Over the weekend, a report came out saying that China has finally become a three-time trillionaire. Since China had a trade deficit in the last quarter of 2010, this means that most of its reserves was due to the large amount of capital that made its way to the country!

Whoa! Talk about manic Monday moves! Don’t worry if you missed out on the action yesterday because I’ll fill you in on what happened. Oh, and not only that! Check out my roundup to see what COULD happen in today’s trading!

China increased its reserve ratio again! I know the PBoC’s tightening moves are no longer as surprising as they used to be. What’s more interesting to find out is how long they plan to keep up with this hike-fest.

Hope y’all got plenty of rest over the weekend ’cause we’ve got another crazy week ahead of us! Keep yourself in the know by reading my daily roundup!

The results are in! No, I’m not talking about the winners of American Idol Season 10. I’m referring to the brokers’ profitability report for the first quarter of this year. Get ’em while they’re fresh!

With the slip of the tongue, German Finance Minister Wolfgang Schaeuble managed to spook the markets late last week. In an interview with a German newspaper, Schaeuble talked about Greece debt situation and hinted that Greece may have to restructure its debt!

The currency war may have died down, but now central banks have another battle on their hands… one against a common enemy!

China continues to believe it can make its problems just disappear. Running a country via a committee leads to that conclusion. The latest attempts, so far successful, have been the disappearance of anyone who comes close to saying something considered offensive as judged by the Ministry of Harmonious Speech and Thought Crime, a huge growth industry in China.

On March 14, 2011, China passed its twelfth “Five-Year Plan” which aims to address the rising social inequality, create a more sustainable growth, stimulate internal consumption, and improve the distribution of wealth.