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Consumer confidence in the U.S. improved much more than expected in the month of September, the Conference Board revealed in a report released on Tuesday. The Conference Board said its consumer confidence index climbed to 108.0 in September from an upwardly revised 103.6 in August. more...
Gold prices were little changed last week despite surging Treasury yields and a stronger US Dollar. The weekly outlook for bullion may depend on the stock market. more...
The Ministry of Finance’s efforts are unlikely to produce a lasting reversal in the Yen, so long as the Bank of Japan’s QQE with yield curve control policy remains in place. more...
The Euro’s slide against the US dollar continues and unless data out next week surprises to the upside, EUR/USD will continue to make fresh two-decade lows. more...
The GBP had a disappointing week against its major counterparts with the Bank of England’s (BoE) underwhelming 50bp hike adding to its woes. Will the coming week bring much needed optimism for the Pound or will the slide to parity continue? more...
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