QE3 Postponed: Bernanke Opts For Markets Volatility
By postponing QE3, Bernanke is betting on two things. First, the Federal Reserve Chairman is betting on Washington ability to effective reform the US economic system through political action, second he is hoping that the markets will naturally mo
USDINR Hits Almost 1-Year High
Since the beginning of 2011, the Indian rupee has gained by about 2.2% against the US dollar. Driven by global investors’ search for higher investment returns, India’s currency has advanced from an exchange rate of 45.05 to the year’s high of 43
Citigroup Cuts Global GDP Growth Estimates
(Dow Jones via eFXnews) Citigroup cuts its 2011 global GDP growth estimate to 3.1% from 3.4%, and its 2012 growth estimate to 3.2% from 3.7%.The brokerage does not expect recessions in the major economies, but does expect ......
Flash report: Second quarter 2011 GDP of Israel grew by 3.3%
According to the recent publication by Central Bureau of Statistics of Israel (CBS), the GDP of Israel continues to grow but at a slower pace:
Obama to Try to Get Fiscal Measures Passed to Help Economy
President Obama will be unveiling a message in September that the government should not sit on the sidelines as the economy deteriorates, calling for short term spending that can help boost job growth and stimulate the economy. Those economic pro
Preview of Euro-zone GDP: Can Euro Holds Its Momentum
The Euro-zone GDP is going to be very important because a lot of the problems faced by European countries revolve around their week growth rates, or least expectations for weak growth ahead. This includes the bigger economies such as France, Ital
Japan’s Growth Good For The Yen?
Quarterly growth for the world’s third largest economy contracted less than estimated. In the second quarter, preliminary output readings showed a more mild contraction of 0.3% – compared to 0.6% estimated declines. On an annualized basis, the
Fed's Zero Rate Stance Poses Risk For Rate Futures Volume
(Dow Jones via eFXnews)A potential two-year freeze on U.S. interest rates telegraphed by policymakers provides a fresh challenge for the flagship product group at CME Group Inc. (CME), though some traders see an opportunity to
S&P kept Israel’s credit rating unchanged at A
The American rating agency Standard and Poor’s kept Israel’s credit rating unchanged at A/A- with a stable outlook; this was after the rating agency downgraded US’s credit rating from AAA to AA+ by the end of last week.
2Q GDP Figures Set To Fall On Trade Data
(Dow Jones via eFXnews)So with June's US trade gap more than 10% above what Wall Street economists were expecting, is there any reason to think the government's prognostication as part of its initial 2Q GDP reading was much better?
With t
A Look at the BRIC Monetary Policies
While the spotlight remains on the U.S. and euro zone, let's shift our focus and take a close look at Brazil, Russia, India, and China (BRIC). How are central banks of "The Big Four" coping with recent trends in the global economy?Read more:
U.K.'s Austerity Measures: Not Enough?
Talks of U.S. and European debt have been flooding the newswires in the past few weeks, making it really easy to overlook other countries' lending problems... like the U.K.'s!


