The US edges closer to a trade war with China

Policymakers in the US and China are adopting increasingly aggressive positions in respect of bilateral trade relations which are clearly based on economic self-interest rather than the wish to get global trade moving more quickly. It does now seem that a major trade showdown is fast approaching...

Read full story >>

Latest FX-MM news...

		Asia-Pacific HNWI wealth and population now second largest in the world Wealth management firms need to offer capabilities from other business units to meet demands of Asia-Pacific HNWIs...

		Reval’s single SaaS solution unveiled for enterprise treasury & risk management Integration of complex risk, deep cash and liquidity functionality marks milestone for the industry...

		HSBC launches new global trade forecast World trade volumes will grow by 73% by 2025, predicts HSBC Trade Connections, a new quarterly global forecast...

		Citi selects Fidessa to deliver global derivatives platform Fidessa to providea class-leading workflow and trading platform for the bank's global listed derivatives business...

		Supply Chain Finance growth prospects remain strong 75% of top European banks believe SCF growth prospects remain “strong” or “very strong”, according to research by Demica...

		Thomson Reuters launches enterprise platform for exchanges Technology platform to drive revenue growth and order flow for exchanges...

Latest trading commentaries...

Mixed messages in latest UK trade figures
13 October 2011, Michael Derks, FxPro
After the incredibly depressing news on the UK labour market earlier this week, there was a faint hope that the August trade figures might offer some respite from the constant drumbeat of economic doom and gloom.

Yesterday proves strong for risk sentiment, benefiting the euro and aussie dollar
13 October 2011, Richard Driver, CaxtonFX
Yesterday was another strong one for risk sentiment, which saw the euro and aussie dollar benefit in particular. The Slovak opposition leader has reached an accord with parties of the outgoing coalition government to ratify the changes to eurozone bailout fund which, although expected, contributed to further improvements in market confidence.

Another vote for bank recapitalisation
13 October 2011, Mark Deans, Moneycorp
Roy Wyre, a Nottingham pensioner, has been fined £75 for littering after he brushed his pet dog in a park. Mr Wyre felt he had received ruff treatment when he was collared. Police said the fine was entirely fur; he had been trying to flea the scene.

Staring down the barrel of a possible double dip
13 October 2011, Simon Denham, Capital Spreads
The FTSE shrugged off the dire unemployment figures yesterday but the story is sorry one for the UK economy. Earlier in the year the private sector was creating jobs and growing but in the past few months things are much more different.

Euro maintains more bullish tone on Wednesday
13 October 2011, Mark Bolsom, Travelex
The euro maintained its more bullish tone on Wednesday, underpinned by hopefulness that eurozone leaders are closing in on a grand plan to solve the continents debt crisis.