UK services PMI set to expand in Jan
Greece is going in reverse regarding its debt agreement, while BoE executive Adam Posen said he expects QE3 next week.
AUD/USD Could Shoot To 1.20 Or Beyond, Says Citi
(Dow Jones via eFXnews) Citi analysts say the Australian dollar could strengthen to $1.20 -- or beyond -- from today's $1.071. Futures markets currently price in a 1-in-5 chance of AUD/USD hitting 1.20, Citi says, and a 1-in-10 chance of a ....
SPX 500 - Thursday 02-02-12
The SPX 500 sits slightly higher (as of 8:45am est) from yesterday’s close on the S&P 500, after the release of better than
Positive Eurozone Manufacturing Data Supports Markets Before
Risk assets managed to make a run higher yesterday as markets received a positive surprise from European manufacturing data, leading to analyst speculation that the worst of the current economic turmoil in the region is now behind us. Also seen
Chinese Manufacturing Data Helps Asian Markets Reverse Losse
Equity markets in Asia were higher for the most part on the back of positive manufacturing data out of China during the month of December. The gains were limited, however, as corporate earnings in the US were uninspiring and this weighed on risk
Portugal set to join Greece on the critical list?
The euro has lost ground to sterling and the US dollar, on reports that Portugal might soon accept a second EU bailout.
Gartman: Sees Gold Going to 1,800 EUR (vid)
Watch: Dennis Gartman, The Gartman Letter, discusses the outlook for the precious metal, saying there is still plenty of upside in gold, as Europe fails to reach a debt deal.
SPX 500 - Tuesday 01-31-12
The SPX 500 sits about 3 points higher than the S&P 500 as of 8:43am EST.
Position For AUD/CAD Downside - Credit Suisse says
(Dow Jones via eFXnews) Position for AUD/CAD downside, Credit Suisse says, expecting strong U.S. consumer confidence data that would boost currencies geared to North American growth.It expects....
Fitch Downgrades Long Term Credit in 5 EU Nations
Late on Friday, markets were hit with some risk negative headlines as Fitch elected to downgrade the credit ratings of five Eurozone member nations. The reaction, however, was generally muted as bond markets had already closed for the week and F
EFX Institutional Strategies Stay Short USD/JPY Pre Nonfarm
(Dow Jones via eFXnews) Stay short USD/JPY ahead of nonfarm payrolls, Credit Suisse says, given the potential for disappointment when the U.S. jobs data is published Friday."We think a....
Euro sentiment rising ahead of EU summit
Euro sentiment is up this morning, ahead of an EU summit in which ministers are set to discuss the crisis in Greece. But can the optimism last? I doubt it…!


