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Economic News

Higher rates could restore $5 billion in money fund fees: Moody’s

Posted by on Aug 3, 2015

BOSTON (Reuters) - Rising interest rates could prompt money market fund sponsors to stop waiving up to $5 billion in fees, Moody's Investors Service said on...

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Forex News

Bank Shares to Be Hit Hardest as Greek Exchange Reopens

Posted by on Aug 3, 2015

Greece seems to be walking on egg shells on its way to recovery. After months of heady negotiations that saw the country on the verge of bankruptcy and a near “Grexit,” Athens...

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Fundamental Analysis

ISM: Moderate Growth, Despite Headwinds, Remains in Place

Posted by on Aug 3, 2015

For July, the ISM index came in at 52.7 as inventory adjustments were a drag on the index while production and orders continue to suggest moderate growth (top graph). For the first...

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Technical Analysis

USDCAD Bulls on Parade… Where Will the Stampede Stop?

Posted by on Aug 3, 2015

As my colleague Fawad Razaqzada noted earlier today, the big market theme at the start of this week is persistent weakness in oil prices. Both the WTI and Brent contracts are at new...

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Recent Posts

ISM: Moderate Growth, Despite Headwinds, Remains in Place

ISM: Moderate Growth, Despite Headwinds, Remains in Place

Aug 3, 2015

For July, the ISM index came in at 52.7 as inventory adjustments were a drag on the index while production and orders continue to suggest moderate growth (top graph). For the first half of 2015, industrial production was a drag, but we expected that much of the output adjustment...

Higher rates could restore $5 billion in money fund fees: Moody’s

Higher rates could restore $5 billion in money fund fees: Moody’s

Aug 3, 2015

BOSTON (Reuters) - Rising interest rates could prompt money market fund sponsors to stop waiving up to $5 billion in fees, Moody's Investors Service said on...

Recessions help nudge women into science jobs

Recessions help nudge women into science jobs

Aug 3, 2015

LOS ANGELES (Reuters) - Encouraging more women to pursue careers in science, technology, education and math - the so-called STEM fields - is a worthy goal, given the potential payoff for our...

USDCAD Bulls on Parade… Where Will the Stampede Stop?

USDCAD Bulls on Parade… Where Will the Stampede Stop?

Aug 3, 2015

As my colleague Fawad Razaqzada noted earlier today, the big market theme at the start of this week is persistent weakness in oil prices. Both the WTI and Brent contracts are at new multi-month lows this morning and are within sight of the multi-year lows set earlier in 2015...

Crude Extends Decline on Record OPEC Oil Output

Crude Extends Decline on Record OPEC Oil Output

Aug 3, 2015

Crude oil prices continue to head south. As before, they are being driven lower predominantly because of the disequilibrium created from the supply side of the equation. In fact, it is not just the actual supply but the expected growth in supply that are also weighing on prices. Although...