Francis Dogbe / Blog
While China’s first-quarter growth figures pleased some analysts enough to upgrade their forecasts, George Soros was not impressed. Doubling down on his earlier comments that a hard landing for China was inevitable, he now says China’s is facing a financial crisis similar to the U.S. in 2008...
Speculation that the Bank of Japan could effectively start paying banks to borrow its cash caused the yen to tumble on Friday and gave government bonds a lift after a second bruising week. Disappointing earnings reports on Thursday from some of the world's biggest tech companies weighed on stocks...
A little patience goes a long way as a Forex trader. This has never been more true after watching the last three days of price action on NZDUSD. I mentioned the ascending channel you see below on Tuesday, noting that it was a bit too soon to make a commitment one way or the other...
Right now there's a battle over upstart trading platform IEX’s application for exchange status. And it's become an existential test of the SEC’s role in the capital markets...
On Thursday the outcome of the ECB convening were three rates left at their former levels. The key refinancing rate remained at 0.00%, the rate for deposits was left at 0.40% and the ECB credit rate was left at 0.25%. Their asset purchasing program remained at 80 billion euros per month...
Markets reversed sharply on Thursday, with the dollar ending higher and oil prices giving up big early gains, as global investors grapple with the prospect that the Federal Reserve could raise interest rates sooner than expected. A drop in U.S...
In a vacuum, Google's parent company Alphabet had a tremendous quarter, posting double-digit sales and profit growth. So why is the stock down 6% in after-hours trading...
Markets reversed sharply on Thursday, with the dollar ending higher and oil prices giving up big early gains, as global investors grapple with the prospect that the Federal Reserve could raise interest rates sooner than expected. A drop in U.S...
The Australian dollar is up nearly 10 cents in the past two months as commodity prices and risk sentiment improved. But today after touching a fresh 9-month high of 0.7836 the pair almost immediately reversed and sank to 0.7733. That could be a topping sign but first, let's look at the chart...