Lawrence Villamar

While China's economy is still booming compared with other world economies, the World Bank has once again cut China's growth forecast to 8.2 percent.

Whilst troubles in Europe continued to escalate overnight the Australian dollar has decided enough is enough for now and has remained in range-bound consolidation mode. I

Fears of an impending Greek exit from the euro sent markets into a tail spin yesterday, the euro breaking critical support levels and taking the Australian Dollar down with it.

Chinese Premier Wen Jiabao has called for stimulus policies that would boost the nation's slowing economic prospects.

The United States has allowed China to purchase government debt directly from the Treasury Department.

A conservative day’s trade was witnessed in Asian hours yesterday as markets weighed up prospects for global growth with the ever-present fear of European contagion.

Comments made by Chinese Premier Wen Jiabao lifted the Australian Dollar during local hours yesterday, the Premier confirming China pledges to focus more on boosting economic growth.

The Australian Dollar remained unimpressive on Friday as risk adverse markets made things difficult for the local unit.

Head of the International Monetary Fund, Christine Lagarde, has warned that the consequences of Greece exiting the euro would be "extremely expensive and hard, and not just for Greece."

Gold demand in China expanded to record levels in the first quarter of 2012, with total consumer demand in China surging 10 percent to reach a new high of 255.2 tonnes.

Concerns about Greece's possible exit from the euro zone helped to push U.S. stocks to three-month lows, as the Dow industrials lost ground for the eighth time in nine sessions.

It was a familiar story for the Australian dollar overnight with risk being shed across the board.

U.S. financial firm Goldman Sachs Group Inc has more than doubled its exposure to short-term Italian government debt over the first quarter of this year.

A quick preview of the key economic events for the upcoming week!

It was a consistent sell off for the Australian dollar for much of Friday’s session with crack’s starting to appear for the higher yielding asset.

The U.S. Federal Reserve has given permission to three Chinese state-backed banks to set up branches within the U.S.

London's finance sector is facing a 16-year low in the number of available jobs, said the Centre for Economics and Business Research (CEBR) on Wednesday, with the euro zone crisis expected to cause more than 25,000 layoffs in 2012.

The Australian Dollar started its local session at lows yesterday, trading down at 1.0040 early on.

The Australian Dollar has dipped closer to parity overnight as coalition talks reach a standstill in Greece.

Norway's sovereign wealth fund has sold off its entire holdings in Irish and Portuguese government bonds, and reduced their share of Spanish and Italian bonds.

Asia is set to produce more solar power than any other region in the world over the next five years.

The Australian dollar lost one third of a US Cent during the intraday session yesterday after Australia’s trade balance posted its third consecutive monthly deficit of $1.6bn.

A surprise 0.9% increase in retail sales as well as a better than expected 7.4% increase in building approvals gave the Australian dollar the support it needed on Monday morning in Asia, as the aftermath of French and Greek elections weighed on risky assets.

Wealthy Australians are giving less to charity, due to the global financial crisis.

U.K.'s Defence Secretary Philip Hammond has called on Germany to play a more active role in global military affairs.

More than 2,000 senior public officials in the United Kingdom may have benefitted from a controversial pay deal scheme.

The minutes for the May meeting of the Reserve Bank of Australia indicated after the surprise 0.5% cut issued on Tuesday, the central bank are now entering a ‘wait and see’ period to assess what impact the cut has on the domestic economy

U.S. stocks fell as a disappointing reading on services-sector activity tempered sentiment on the eve of the government's employment report.

The Australian dollar traded above the 1.03 level against its US Counterpart for much of yesterday’s local session, as investors stopped to take a breath in what has been a hectic week of movements.