• Apple iPhone 5 Features: Report Says Device Will Work On The Fastest Global LTE Networks But Not Likely On All Carriers

    Apple fans all around the world widely assume that the company's upcoming "iPhone 5" will have the LTE functionality. A new WSJ report said that the handset would work on the fastest 4G LTE networks around the world, including those in the U.S., Europe and Asia.
  • Bernanke

    FOMC, German Court’s ESM Ruling, And China August Data Dump: Economic Events for Sept. 10-14

    The week is chock-full with data releases, but the Federal Reserve's policy meeting on Sept. 12-13 will carry the most weight.
  • The Week Ahead: Week of 9th September 2012

    Is more QE on the way?- Is the ECB's big bazooka enough to save the Eurozone? - Conventional vs. Unconventional - the ECB vs. the Riksbank - Event risk in Europe next week - Can the UK's labour market continue to surprise on the upside? - RBNZ to hold
  • Cesare Prandelli

    Italy vs. Bulgaria: Watch Live Stream Online of World Cup Qualifier; Prediction, Probable Lineups, Preview

    Watch live coverage as Italy travel to Bulgaria for their opening World Cup qualifier, plus a full preview, team news and prediction.
  • Merkel

    Germany, Most Robust European Economy, Headed For Recession - Economists

    Germany is currently seeing better-than-predicted GDP growth, low unemployment, and steady prices. Surprisingly, economists say a recession is around the corner.
  • Oil prices firm ahead of NFP data

    Yesterday was all about the announcement of the details of the new bond buying program by ECB President Draghi. So far the market has viewed the new program as mostly bullish for risk asset markets especially the global equity markets. The reaction on the commodity side was much more muted than on the equity front. In fact oil prices surged higher only to closes in negative territory and at its lows. It was a technical reversal day to the downside for oil and one that is biased to the bearish si...
  • Euro Breaks Out On Growing ECB Support, Pound Poised For Correction

    The Euro rallied to a fresh monthly high of 1.2716 as policy makers across Europe showed increased support for the European Central Bank's unlimited bond-purchasing program, and we may see the EURUSD continue to gain ground in the week ahead as it breaks out of the range-bound price action carried over from the previous month. Indeed, German Finance Minister Wolfgang Schaeuble argued that the non-standard measure is 'not the beginning of monetary financing of sovereign debt' as the cent...
  • The Drinking Tiger: Asian Beer Consumption Goes Up, Heralding Prosperity

    It's a sign of good times in the Eastern Hemisphere: beer is becoming more and more popular in Asia.
  • Majors Daily Forecast 7 September 2012

    EUR/USD Buy at 1.2628 SL 1.2596 TP 1.2705 USD/JPY Buy at 78.88 SL 78.56 TP 79.60 GBP/USD Buy at 1.5925 SL 1.5893 TP 1.6013 USD/CHF Buy at 0.9536 SL 0.9504 TP 0.9620 today so far +73, total yesterday +114 pips
  • EUR/USD Steady After ECB, US Payrolls Ahead

    On Thursday Euro/Dollar traded within 90 pip range. The European currency depreciated from 1.2652 to 1.2560 yesterday, not matching the positive money flow sentiment at above 17%, closing the day at 1.2629. This morning the Euro is trading quietly, with movements at the upper end of yesterday's range for now. On the 1 hour chart the upward channel is still trying to resume, while on the 3 hour chart quotes are moving within wide range. Break above the nearest resistance and yesterday's ...
  • Draghi to Begin Massive Money Printing in Europe

    Economist Shayne Heffernan looks at the European Master Plan. The European Central Bank agreed to launch a new and potentially unlimited bond-buying program despite the fact that they are operating with very limited reserves, what does this mean? It means the ECB will begin the biggest Money printing exercise in History. "No ex-ante quantitative limits are set on the size of outright monetary transactions," said Draghi as he readies the printing press.
  • Janko Tipsarevi?’s Wife Pictures: Who is Bilijana Sesevic? [PHOTOS]

    Janko Tipsarevi?’s wife has garnered attention with her husband’s run in the U.S. Open. Here are some pictures of Bilijana Sesevic.
  • Oil prices firm ahead of Draghi comments

    Today will be mostly abut the outcome of the ECB policy meeting and Draghi's comments about the bond buying program as well as how large the draws will be in US oil inventories. The API repot last night showed a smaller than expected draw in refined products and a larger than expected draw in crude oil versus the consensus expectations. In overnight trading the market is already pricing in something bullish from the ECB meeting as global equities are higher across the board while most commodi...
  • Fundamental Update: Q&A: the latest ECB policy decision

    Draghi has announced the ECB's much anticipated bond buying plan today and it was more detailed than some had thought. Obviously skipping the Jackson Hole conference last weekend paid off, as the ECB seems to have developed a fully formed bond-purchasing plan. But what does it mean and what could its impact be on the euro? We have tried to answer a few questions below in attempt to understand exactly how effective the latest remedy to the sovereign debt crisis will be.
  • Daily Summary on USD, EUR, GBP, JPY, AUD and CAD

    The dollar is mixed this morning, gaining against most of its G7 counterparts while falling versus its higher yielding peers. The dollar and growth-oriented currencies are performing well as investors pare their bets of a global economic slowdown. The better-than-expected pace of growth in the US is also prompting the market to pull back some of its expectations of imminent Fed action. This morning, private payrolls provider ADP released its monthly gauge of private sector jobs growth with the n...
  • Majors Daily Forecast 6 September 2012

    EUR/USD Buy at 1.2597 SL 1.2565 TP 1.2674 USD/JPY Sell at 78.45 SL 78.77 TP 77.73 GBP/USD Buy at 1.5895 SL 1.5863 TP 1.5983 USD/CHF Sell at 0.9563 SL 0.9595 TP 0.9479 today so far +54, total yesterday +118 pips
  • EUR/USD Lifted, Encouraged By ECB Bond Sale Plan

    On Wednesday Euro/Dollar increased with almost 125 pips on ECB bonds sale plan. The European currency appreciated from 1.2500 to 1.2624 yesterday, matching the positive money flow sentiment at over 29%, closing the day at 1.2599. This morning the Euro is trading quietly, with movements at the upper end of yesterday's range for now. On the 1 hour chart the upward channel is still trying to resume, while on the 3 hour chart quotes are moving within wide range. Break above the nearest resista...
  • September 12th Looms Large for Germany

    The German economy is undoubtedly the powerhouse of Europe. As a result, an understanding of the developments within Germany can offer a strong indication of the path that the rest of Europe is likely to take. Until recently, Germany stood as a bastion of sound money against those Keynesian led regimes in the developed nations that favor continual currency debasement as an economic panacea. Throughout much of the past decade the German monetary bias was upheld by the Frenchman Jean Claude Triche...
  • Shia LaBeouf

    Shia LaBeouf Explains Carey Mulligan Breakup: “It’s Not A Game For Me”

    Between his uncouth comments about the Hollywood studio system and his claim that he sent director Lars Von Trier his own sex tape to land a role in "Nymphomaniac," Shia LaBeouf can't seem to stay out of the gossip headlines.
  • Apple iPhone 5 Release May Face Supply Constraints: Why This Could Boost AAPL Stock

    Rumored supply chain issues may have an impact on the release date for the iPhone 5, as it was reported that Sharp Co is behind schedule in producing the device's display. However, this influence may not be a negative one. New analysis has found that constraints have actually had a positive effect on Apple's stock price, reports Apple Insider.