China Trade Surplus Soars but Domestic Demand at Risk
Surplus mostly due to slowing imports which dropped 2.4% from previous month.
Dollar May Extend Gains as Hawkish Plosser Offsets Weaker-Than-Expected US Non-Farm Payrolls
Plosser has openly criticised the Fed's 'forward guidance' regarding the expected timing for raising the funds rate and has asked the central bank to be data-dependent.
Hungary's Forint Plunges to 27-Month Low as Ukraine Unrest Hits Trade
Hungary shares border with Ukraine and makes sizeable exports to Russia.
China: Key Industrial Output and Prices Data to Provide Pointers to Policy Measures
Forecasts point to slowing inflation and retail sales growth and shrinking trade surplus.
Central Banks Watch: New Zealand, Indonesia and Chile to Set Rates, Carney and Kuroda to Speak
Response of emerging markets central banks awaited after surprise rate cut by the European Central Bank.
ECB Unexpectedly Cuts Rates, Euro Plummets to 14-month Low
The European Central Bank unexpectedly slashed the benchmark rates on Thursday, pushing euro to a 14-month low against the dollar.
India Rupee Struggles Despite Strong Growth Data as Inflation Concerns Weigh
While finance minister wants a rate cut, Reserve Bank of India considers inflation a risk.
Sterling Hovers Near Seven-Month Low Ahead of BoE Rate Decision
Pound drops to fresh lows against Swiss franc and euro as BoE and ECB due to announce rates.
Canadian Dollar Commands Majors Ahead of Central Bank Controls
The Canadian dollar is showing some strength against the US dollar and is at eight-month highs versus yen and sterling ahead of the BoC rate announcement.
Gold Plummets Thanks to Less Inflation-Based Price Hedging
The yellow metal plunged to a new 10-week low as marketeers await key US jobs data and ECB rate decision.
Moody's Says India Growth Stable But Inflation and Infrastructure Figures Remain Weak
A substantial reduction in long-term expenditure commitment is key for Asia's third largest economy.
Ukraine Targets are in Jeopardy as Political Risk Escalates: IMF
IMF: Two end-July performance criteria estimated to have been missed and end-2014 targets are out of reach
Swiss Franc Falls to 10-Month Low as GDP Data Disappoints
The Swiss franc has fallen to a fresh 10-month low against the US dollar on 2 September as the second quarter GDP data came much weaker than expected.
Russia's Ruble Plummets - Ukraine Hryvnia Bounces
Russia's ruble has been falling to new lows everyday as the situation in Ukraine intensifies.
German PMI Pulls Euro to One-Year Low Against Dollar
Euro also languished near a two-year low against pound.
India's ONGC and OIL to Gain from Fuel Subsidy Split Move - Moody's
India's Ministry of Petroleum and Natural Gas proposes to equally divide subsidy burden.
Bangladesh Currency Strengthens After Major Rating Move From Fitch
Following Fitch announcement on Bangladesh's rating, its currency strengthens against dollar.
Brent Snaps Four-Week Losing Streak on Strong US Data
While strong US data suggest rise in oil demand, Ukraine conflict may hit supply.
Korean Won Back Near Seven-Week High on Better Industrial Data
South Korea's higher industrial and manufacturing numbers reduce likelihood of further rate cuts.
Persistent Inflation Hurting India's Growth Prospects and Constrains Rating - Moody's
India's potential for growth is improving but is hurt by price pressures, while inflation is keeps its sovereign rating down.
Lagarde Says IMF Must Keep Helping Crisis-Hit Countries
IMF should also reflect shift in economic power away from a few advanced nations.
IMF Lists 25 Brightest Young Economists
Americans who are also half French, Indian, or Canadian dominate the list.
Moody's: Indian Foreign Currency Bonds to Reach Record High in 2014
Foreign currency bonds issued by Indian firms are headed for a record high thanks to economic recovery and a stable rupee.
Economic Expectations Collapse in Germany: Gfk Survey
Expectations slump as international scene remains gloomy, according to the GfK survey released on 27 August.
Gold and Silver Rally but Dollar Strength Prevails
Gold and silver stage strongly rally helped by value buying but dollar strength caps gains.
Kenya's Shilling Plunges as Terrorism Keeps Tourists Away
Kenyan shilling falls to 31-month low as increasing terrorist attacks keep tourists away.
Shekel Extends Fall to Nine-Month Low as Bank of Israel Unexpectedly Cuts Base Rate
Israel's central bank sets interest rate for September at 0.25%, down 25 basis points from August.
Pakistan's Rupee Falls to Six-Month Low as Turbulent Politics Overshadows Economic Performance
The Pakistani currency is down 4.2% against the dollar so far in August, and it seems headed for its steepest monthly fall since mid-2008.
German Business Climate Worsening, Says Ifo as Euro Drops to New Lows
Various Ifo indices for German businesses down more than expected, further weakening euro.
China's Economic Growth to Lag and Japan Will Rebound – Moody's
Thailand's political uncertainty to hit growth while India's Narendra Modi seen strong to implement reforms.
