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    By: Marc Chandler | Date: 24 Jul 2014

    There have been five important developments today, but price action has been mostly limited.  Confirmation that the Reserve Bank of New Zealand is pausing after hiking rates for the fourth consecutive time has sent the New Zealand dollar sharply lower.Read more

  • By: Marc Chandler | Date: 23 Jul 2014

    The euro slipped through the low of the year and the weekly trend line going back to 2012. However, it found bids near $1.3460 and has recovered a bit.Read more

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    By: East Asia Forum | Date: 22 Jul 2014

    Indonesia’s next president will need significant funds to fulfil election promises. But both candidates Joko Widodo (Jokowi) and Prabowo Subianto have expressed caution about international borrowings.Read more

  • By: Marc Chandler | Date: 21 Jul 2014

     The US dollar is little changed to start the week. The apparent calm masks heightened geopolitical tensions in Ukraine and Gaza. Read more

  • By: Marc Chandler | Date: 18 Jul 2014

    Geopolitical events are overshadowing a light economic calendar ahead of the weekend.   The shooting down of the Malaysian plane over Ukraine and the Israel's launch of a ground assault in Gaza dominate the focus. Read more

  • Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people.
    Wendell Philips
    He who controls the money supply of a nation controls the nation.
    James A. Garfield
    The moment that government appears at market, the principles of the market will be subverted.
    Edmund Burke