5+ hour, 32+ min ago   (1207+ words) Will they? Or won’t they? That’s the question on everybody’s mind. Will the Federal Reserve finally pull the trigger and hike interest rates at next week's September meeting? I’m about 50-50, maybe leaning slightly toward a hike. However, I don’t think…...

5+ hour, 35+ min ago   (728+ words) With many countries bringing their gold home, what will Spain do? Some are calling for the Spanish central bank to follow the lead of the Netherlands and France and repatriate its gold. The Netherlands recently moved 86 tonnes of gold from…...

3+ day, 1+ hour ago   (110+ words) Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market. Find independent, trusted reviews and choose your perfect…...

3+ day, 3+ hour ago   (1637+ words) In this week’s Money Metals Midweek Memo, host Mike Maharrey examined what he calls the debasement trade. It is the growing preference for tangible assets such as gold and silver as protection against the declining purchasing power of fiat currencies....

3+ day, 5+ hour ago   (346+ words) "July industrial production surprised to the downside, rising 4.7% yoy (Bloomberg consensus: 5.6%) vs 6.5% in June, marking the weakest growth since March." "The slowdown was concentrated in mining, while manufacturing and electricity production remained resilient. As such, the underlying industrial growth momentum…...

3+ day, 8+ hour ago   (362+ words) TD Securities economists Eli Nir and Oscar Munoz raise their August core PCE forecast after stronger PCE-relevant components in the August PPI report. They now expect core PCE at 0.24% m/m and 3.3% y/y, with headline PCE at 0.33% m/m…...

3+ day, 9+ hour ago   (356+ words) EUR/USD has been selling off slightly after the ECB decision to raise interest rates today. This, however, might have more to do with the jump in oil prices and worsening terms of trade, with Brent rising above $105/bbl today…...

3+ day, 14+ hour ago   (456+ words) Societe Generale’s Kenneth Broux expects a second 25bp ECB depo rate hike, stressing that wage dynamics and updated staff forecasts will determine how far tightening goes. The bank notes higher Oil and natural gas prices, warns of stagflation risks if energy…...

3+ day, 13+ hour ago   (446+ words) Japan is the largest holder of Treasuries, with $1.1 trillion, and its residents hold another $5 trillion in foreign assets. If this flood of money pours out of the US and Europe into Asia, USDJPY and EURJPY are bound to fall. And…...

3+ day, 15+ hour ago   (417+ words) "JPY’s importance in regional FX trade-weighted baskets is often overlooked outside of USD/JPY." "While the U.S. is clearly fixated on USD/JPY, JPY is a major trading partner and competitor with economies in the region." "A weak JPY was…...