Fitch Raises Greece's Rating By One Notch With Stable Foreca
Fitch Ratings raised Greece's sovereign credit rating by one notch to B-minus from triple C, with stable outlook, mentioning the progress done by the government to slash budget shortfall and tackle economic imbalances which lowered the possibilit
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German First-Quarter GDP Growth Trails Forecast
The German economy expanded less than economists expected in the first quarter, as cold weather took its toll on Europe’s largest economy...
USD/CAD: Loonie Continues To Trade Lower In The Asian Sessio
For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CAD to close at 1.0185.In the Asian session, at GMT0300, the pair is trading at 1.0193, with the USD trading marginally higher from yesterday’s close.
USD/CHF: Swiss Franc Continues To Trade In Red
For the 24 hours to 23:00 GMT, the USD rose 1.31% against the CHF and closed at 0.9655.In the Asian session, at GMT0300, the pair is trading at 0.9662, with the USD trading marginally higher from yesterday’s close.
Markets Brace For King's Final BoE Quarterly Report On Infla
Traders are buckled up for some good news perhaps, a final presentation of the Bank of England's quarterly report on inflation for May to be delivered by the bank's outgoing governor Sir Mervyn King.
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The S&P BSE Sensex ended a volatile session in the positive territory on Tuesday led by gains in pharmaceuticals, power and oil & gas space. April WPI inflation, which slipped to 4.89 per cent against 5.96 per cent in March, failed to boost senti
GBP: Fundamental Risks Pound Sterling
The fundamental highlight for GBP on Wednesday is the Bank of England's second Inflation Report for 2013, which is scheduled to be presented at 1030 BST/ 0530 ET. This Report is released four times a year and includes the BOE's latest forecasts f
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U.S. Deficit to Fall to $642 Billion, Says Budget Agency
The U.S. budget deficit will shrink this year to $642 billion, the smallest shortfall in five years, according to a new government report.
EURO Tripped Up By A Slammed Aussie
The increase in the volume of commentary from Germany as to how uncomfortable they are becoming to ECB's monetary policy stance is certainly more noticeable - Germany is clearly against further ECB stimulus.
Euro Rises Vs. USD Following ZEW Data, Ministers Meeting In
A pause in U.S. dollar's recent rally aided commodities like gold and oil on Tuesday trading, while euro managed to rise after data released pointed to a possible pickup in growth, ahead of an important EU finance ministers meeting later in the d


