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USD marks fresh highs as US 10-Yr yields spike above 3%; US equities get nervous

US Dollar pursued fresh 5-month highs yesterday, as the dollar reacted to rises in yields. The benchmark 10-year Treasury yield marked the highest since 2011 as it went beyond 3%. Yields rise as treasury prices fall.

In the meantime Read More →

Japan GDP Slides 0.2% On Quarter In Q1

Japan's gross domestic product was down 0.2 percent on quarter in the first three months of 2018, the Cabinet Office said in Wednesday's preliminary reading.Original Article Read More →

Germany’s Q1 GDP Growth Eases On Foreign Trade

Germany's economic growth halved in the first quarter on weak trade, data from Destatis showed Tuesday. Gross domestic product grew 0.3 percent sequentially, slower than the 0.6 percent expansion seen in the previous quarter and the expected rate of 0.4 Read More →

New Zealand Food Prices Move Up 0.1% In April

Food prices in New Zealand added 0.1 percent on month in April, Statistics New Zealand said on Friday - following the 1.0 percent jump in March.Original Article Read More →

Dollar eases as soft CPI data cools off 4 rate hike scenario

The dollar rally eased on Monday with forex investors scaling back on bets that the U.S. Federal Reserve will launch a series of rapid rate hikes this year pushing U.S. yields lower.

The dollar index against a basket of Read More →

Buffett, Munger And Gates Slam Bitcoin Again

Billionaire investor and Berkshire Hathaway CEO Warren Buffett, his confidant Charlie Munger and Microsoft co-founder Bill Gates damped the recent rally in cryptocurrencies with their renewed criticism. At he Berkshire annual shareholder meeting on Saturday, Buffett said that Bitcoin was Read More →