posted by
gloriasimmon
3 days ago
in Gold, Metals, Retail Sales
Bank stocks have been one of the strongest sectors in the market over the past year. Bank stocks have rallied sharply after many investors dumped shares on fears that the financial crisis might worsen. Those fears obviously never materialized, an
posted by
commentary
3 days ago
in EUR, Economic Indicators
Later in the day, the euro zone was to release preliminary data on first quarter GDP, while the U.S. was to publish data on producer price inflation, industrial production, the capacity utilization rate and a report on manufacturing activity in New ...
posted by
GAINSY
3 days ago
in Fundamental, Quarterly, GDP
The German economy expanded less than economists expected in the first quarter, as cold weather took its toll on Europe’s largest economy...
posted by
GAINSY
3 days ago
in Fundamental, Quarterly, Inflation
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.
posted by
fxhottie
3 days ago
in USD, Fundamental, GDP
The U.S. budget deficit will shrink this year to $642 billion, the smallest shortfall in five years, according to a new government report.
posted by
fxhottie
3 days ago
in AUD, Employment
Australia’s dollar was near an 11-month low as the premium the nation’s bonds offer over U.S. debt shrank to the least in a year, sapping the allure of the currency as a higher-yielding asset.
posted by
ctrlaltdel
4 days ago
in Economic Indicators
It also may create another issue; if the USD strengthens, as it has against many major currencies, it devalues exporting countries currencies. This has the effect of making US imports cheaper, thus importing deflation. Last week we saw commodities such ...
posted by
Burum
4 days ago
in USD, Economic Indicators
Focus will be on the BoE Quarterly Inflation report and employment numbers. Let's wait to see if the BoE gives out a more optimistic tone, with less support for more stimulus. Support to the down side in GBP would be 1.5270 here, 1.5245 to target 1 ...
posted by
defferson
5 days ago
in USD, EUR, JPY, CAD, Economic Indicators
Seoul shares are set to hold a narrow range on Tuesday after Wall Street ended little changed overnight, while surprisingly weak output data from China and a weak Japanese yen may keep investors at bay. "The share market will ...
posted by
stewie
5 days ago
in Economic Indicators
After losing over two cents last week, GBP/USD continues to point downwards as we start the new week. The pair is testing the 1.53 line in Monday's North American session. In economic releases, RICS House Price Balance is the only British release on ...
posted by
GAINSY
5 days ago
in EUR, Fundamental, GDP
The week started with further weakness in Yen as G7 meeting showed tolerance for the BoJ's aggressive easing policy over the week-end. JPY extended losses against all of its major peers, while the beta currencies registered decent unwind on the b