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The week ahead is packed with events and data. The monthly cycle of purchasing managers surveys and the US jobs report are featured. There are also central bank meetings in six, high-income countries and three emerging markets. Given the recent

One of the most interesting examples of central bank intervention -- that has created some great opportunities for traders -- is the SNB's repeated statements, supported by actual intervention, to ensure EUR/CHF does not fall below 1.20. As the chart

The weekend's headlines reeled from the collapse in global manufacturing PMIs and with them the last best hope for the world's economies to reach escape velocity all on their own. However, there was one nation that did not plunge... there was one

Ukraine said on Wednesday its president had agreed with Russia's Vladimir Putin on steps towards a "ceasefire regime" in Kiev's conflict with pro-Russian rebels, but the Kremlin denied any actual truce deal, sowing confusion on the eve of a NATO

How many times in the last few years have you (or any of Europe's less-than-core leaders) said to yourselves- "EU, what's the point?" All this ceding of sovereignty, centralization of power, relinquishment of decision-making; and for what? The answer

The European Central Bank's (ECB) simultaneous announcement of an asset purchase program and cuts to its main interest rates should provide a strong message to European leaders: We have done all we can, now it's your turn. The divergence of national

The European Central Bank meeting on Thursday is the prime event for markets seeking clarity on the bank's response to a stalled recovery, disappearing inflation and the sluggish pace of reform in the euro zone. Inflation in the 9.6 trillion euro

Thread dedicated to USDCAD news

These are the minutes from when the Fed toned down deflation fears and raised concerns over labor slack, and expectations going in were for a slightly more hawkish tone from the minutes (and perhaps commentary on financial stability - bubbles - and

Here's a very important and interesting forecast from Citi's top economist, Willem Buiter. He expects both the Bank of Japan and the European Central Bank to engage in "major" quantitative easing programs later this year or early next year. This is

After all, it is actually monetary policy in the eurozone that Mario Draghi is in charge of as the head of the European Central Bank. It would probably behove him to concentrate his energies and remarks upon the subject that he’s thus responsible for

Europe, bloody hell!”, as Sir Alex Ferguson, the former manager of Manchester United, might have put it had he ever chosen to swap the permanently febrile, money-driven world of football for the normally febrile, money-driven world of the financial

Mario Draghi just pushed the European Central Bank closer to quantitative easing. With euro-area data this week likely to show the weakest inflation since 2009, the ECB president used a high-powered central-banking conference in Jackson Hole

FRANCE HAS BEEN thrown into fresh crisis today after President Francois Hollande asked his prime minister to form a new government. The president ordered Prime Minister Manuel Valls to form a new cabinet “consistent with the direction he has set for

Things didn’t quite go to plan for the dollar on Friday in the wake of comments from Fed Chair Yellen. The tone of her speech at Jackson Hole was largely as expected, taking a softer stance than the minutes seen earlier in the week, but the dollar

The headline print of a record-breaking 22.6% gain - smashing the 8.0% expectation - hides the extremely obvious factor of the largest civilian aircraft orders (an entirely one-off non-repeatable factor). Durables ex Transportation collapsed from a

A few days ago, when we looked at what is one of the last tax havens in the world, the principality of Monaco, we uncovered not only the world's most expensive Penthouse costing a whopping $400 million, but got some perspective on how far one's

There have been some epic transatlantic yacht races over the decades. It is always a contest of navigation, strength and skill, which pits each sailor against both the elements and the competition. But right now there is another transatlantic race