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China regulator: Stock market rally a sign of reform success

China Securities Regulatory Commission [CSRC] said, “The steady rise in the domestic stock indices amid lower market volatility is an indication of the success of government efforts to guard against financial risk.”

EUR/USD - Trend line breached, risk reversals drop and yield spread spikes, eyes Fed minutes

The upbeat US retail sales data finally pushed the EUR/USD spot below the confluence of the rising trend line support seen on the daily chart below. T
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S&P maintains Brazil’s credit rating at BB; ups outlook to Negative

The US-based ratings agency, Standard & Poor’s (S&P), published its latest credit rating review report on the Brazilian economy, maintaining the count
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