traders toast with champagne in the trading hall of the Frankfurt Stock Exchange in front of the display board showing the Dax curve. On the last trading day of a strong stock market year 2023, the German benchmark index (Dax) is little changed. Photo: Arne Dedert/dpa (Photo by Arne Dedert/picture alliance via Getty Images)dpa/picture alliance […]

Share: USD/CAD attracts some buyers around 1.3230 on the modest USD rebound. A decline in oil prices weighs on the commodity-linked Loonie. The US Initial Jobless Claims figure for the third week of December fell short of expectations. Traders await the December’s Chicago Purchasing Managers’ Index (PMI). The USD/CAD pair recovers some lost […]

In a new column at Forbes, I take look at the National Association of Manufacturers’ (NAM) update of its report called The Cost of Federal Regulation to the U.S. Economy, Manufacturing and Small Business. Authored by Nicole V. Crain and W. Mark Crain, the report, via both top-down and bottom-up estimates, finds that overall costs of regulatory compliance to […]

Analysis 07:00 If the Islamic republic joins the war directly, all bets are off by John Rapley Iran-aligned Houthi fighters in Yemen earlier this month. Credit: Getty When the Gaza war broke out in October, the contrast with the 1973 Yom Kippur War was stark. Whereas the earlier conflict sent inflation soaring in the West, […]

Perhaps unaware of the loaded nature of the term in Ireland, the International Monetary Fund in its recent review on the economy said it believed it was heading for a “soft landing.” Similar reassurances were given to the Irish public before the financial crash. Fortunately, there is no reason to expect history to repeat itself, […]

World Thousands of union members and activists took to the streets of Argentina’s capital Wednesday to protest a decree from President Javier Milei that imposes sweeping deregulation and austerity measures meant to revive the country’s struggling economy. Milei seeks to impose deregulation, austerity measures to revive struggling economy Posted: Dec 27, 2023 4:36 PM EST […]

The euro rose to its highest against the greenback since the end of July as signals from the Federal Reserve that it will pivot to rate cuts have continued to support a risk rally. The common currency climbed as much as 0.3% to 1.1070 on Wednesday, one of the biggest gainers in the Group-of-10. The […]

In the current US economy more people appear to be moving into the category of the super wealthy. On Wall Street, the Dow hit record levels in mid-December in anticipation of interest-rate cuts next year, while unemployment remains at historically low levels. But at the same time polls suggest that a significant majority of Americans […]

Global wheat, corn and soybean prices – after several years of strong gains – are headed for losses in 2023 on easing Black Sea bottlenecks and fears of a global recession High food prices in recent years have prompted farmers worldwide to plant more cereals and oilseeds, but consumers are set to face tighter supplies […]