Investors focused on the orderly reopening of Cypriot banks and a positive revision to the fourth-quarter U.S. GDP statistic.
Ben Bernanke dismissed worries that the Federal Reserve’s money printing is raising the likelihood of a global currency war.
N.Y. Federal Reserve head William Dudley points to Washington's partisan division as the reason for the Fed's asset purchases.
On Wed, the Fed kept its quantitative easing program intact, saying it expects moderate GDP growth in 2013. The vote was 11-1.
Recent U.S. data should convince the Fed that the economy has resumed growing after a temporary pause.
In an attempt to boost economic growth, the Reserve Bank of India cut key interest rates for the second time in three months.
Asian stock markets mostly advanced Friday as sentiment turned positive following better-than-expected U.S. economic data.
A two-day G-20 meeting in Moscow ended on Saturday with members promising to refrain from competitive currency devaluation.
Central banks are now buying more gold than ETF investors -- a very startling result. Will the trend continue?
Japan’s core machinery orders posted a better-than-expected rise in December compared with the previous month.
The country’s monetary base advanced 10.9 percent in January from an 11.8 percent rise in December.
Asian stock markets mostly advanced Tuesday after the Bank of Japan (BoJ) raised its inflation target and adopted an open-ended asset purchasing program at the end of its two-day policy meeting.
The Japanese yen fell Tuesday against the dollar after the Bank of Japan raised the inflation target to 2 percent from 1 percent.
Bank of Japan surprised markets by doubling its inflation target to 2 percent and adopting an open-ended commitment to buy assets.
Quantitative easing’s long-term dollar impact has not been determined. That said, to cite Twain, reports of the dollar’s death are greatly exaggerated.
China’s inflation rate accelerated in December faster than expected, an indication that the country’s inflationary pressures continue to increase, lowering prospects for further loosening of the country's monetary policy.
Japan's monetary base rose in December compared to that in the same month last year, indicating that the monetary easing policies are leading to an increase in the amount of currency in circulation which in turn results in reviving economic growth.
The rate of inflation rose to 2.9 percent in December compared to that in the same month last year.
South Korea's consumer price inflation rose at a slower rate than expected in December.
The Reserve Bank of India in an unexpected move decided to keep the key interest rates and cash reserve ratio unchanged in a monetary policy review, citing the fragile global economic situation but said the policy focus was shifting towards growth, indicating monetary easing in the next quarter review.
Shinzo Abe, leader of the LDP, will tackle Japan’s long-running deflation, but maybe not in the robust way necessary to succeed.
Japan’s industrial output rose in November, but less than expected, indicating the world’s third largest-economy continues to weaken.