Market News

If you are like most of us average humans you likely expect the Reserve Bank of Australia to continue to hike rates as far as the eye can see. But, interestingly there is another view out there, as shocking as it may be; here it is, from News.com.au.

After talking about the downfall of Merkel’s party yesterday, let’s now shift our political lenses on Canada. Last Friday three out of four political parties in the parliament ganged up and toppled the governing party, the Conservative Party of Canada. So what inspired all the hate?

Yo homies! Pip Diddy’s here again to bring you the latest events you should keep an eye on today!

Are the themes and dreams starting to change? Can we hear the grinding wheels in the engine room of conversion flow?

Give the Greens a round of applause! Over the weekend, the Green Party managed to win the state elections in Baden-Watternberg and end the 58-year rule of the Christian Democratic Union (CDU).

Rise and shine forex playaz! It’s a brand new week – better start off on the right note by checking out my roundup so you can grab some pips this week! After all, no money = no honey!

Last week, Portugal dominated the headlines when parliament decided not to pass the proposed budget. If you’re wondering why this didn’t cause too much of a ruckus in the markets, look no further than the World Cup champions and siesta kings, Spain.

Being a once-a-year event, the U.K.’s annual budget release naturally drew a lot of feedback from the markets. But unlike the cast of Jersey Shore, which I’m sure we can unanimously agree to hate, the U.K.’s 2011 budget had bits for us to love and loathe. Let ole Forex Gump fill you in on the good bits and bad!

There has been an interesting on again/off again correlation between gold and the euro. Lately, gold and the euro have been positively correlated, i.e. both moving higher against the US dollar.

It’s hard to play nice on the political playground. Just ask now-ex Prime Minister José Socrates who walked out of his post yesterday after parliament rejected his proposed austerity measures.

China has been busy cracking down on anyone they suspect might contemplate re-enactment of the protests now playing out in the Middle East. The Thought Crime Division is working overtime, surely adding more points to the GDP.

I’m sure you’re looking forward to the weekend but don’t miss out on the chance to catch more pips before y’all start partying! Here’s my daily roundup to help you decide which seat – oops, I meant side – to take on your trades.

Earlier this year, we saw some political uprisings in Egypt and Tunisia. These revolts inspired movements in other nations in the Middle East. For those of you who have been too busy watching American Idol or rooting for your alma maters in the NCAA March Madness, here’s a short update on what’s been happening in Libya and Yemen.

Well, one day doesn’t usually qualify as a trend, but given the way Mr. Greenie has been hammered and all the nasty things others are saying about him, some deserved, some not, I am going to qualify a one-day move up as a rally.

Risk on? Risk off? Which will it be today? If you can’t keep up with the market’s mood swings, you better start reading my daily economic roundup regularly!

With mixed economic themes popping up in markets lately, I wouldn’t be surprised if you’ve been catching falling knives! Fear not, my forex minions. I’ve sorted out the good news from the bad, and I even wrote a few tips on trading the current market themes surrounding the U.S.

Good day, forex folks! There are plenty of red flags on today’s economic schedule so make sure you don’t miss out on those opportunities to trade the news. Check out my roundup!

It’s been ten days since the massive earthquake, but the market spotlight is still focused on Japan. I’ve already talked about the yen, now let me give you the lowdown on the effects of the calamity on the commodities and equities markets.

Risk appetite is back… and it’s back in a strong way! Yesterday, the commodity-based currencies staged convincing rallies across the board, which sent the dollar bulls running for cover. Will we see the same today?

Last Friday the People’s Bank of China raised its reserve requirement ratio (RRR) for the sixth time since October 2010. While the announcement was no surprise to the markets, something tells me that the PBoC’s next moves could shake things up a bit.