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  • China still a net importer of steel in May

    China remains a net importer of steel in May, importing 53.46 million tonnes of iron ore, slightly down from April’s record 57 mio tonnes. This markes the 3rd month in a row that imports have exceeded outflows for China, a country that has been a net steel exporter since...

  • There will be a slight intermission…

    We’re changing over our servers this afternoon so the site will load more quickly…the site may be down over the next hour or so…please bear with...

  • Czech National Bank Holds Interest Rate at 0.75%

    The Ceska Narodni Banka held the two-week repurchase rate at 0.75% as expected, and kept the discount rate unchanged at 0.25% and...

  • New York forex wrap-up; Dollar holds gains but not all

    Fed unlikely to add to Treasury purchases, slow pace of existing program: WSJ Trichet: High level of uncertainty remains; prudent on economic outlook US import prices rise 1.3% in May, down 17.6% y/y BOE’s Dale: Inflation targeting should be “enhanced” German tax revenue falls...

  • CFTC Sees Uptick In Complaints Of Rolling Spot Contract Fraud

    In that instance, the CFTC sought to go after a defendant for retail forex fraud. The court ruled against the CFTC, however, saying the contracts being ... See all stories on this...