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US soy at 7-month top on exports; corn, wheat rise
Corn and wheat futures also rose, lifted by robust demand for grains ahead of a key US Department of Agriculture (USDA) report on global supply and demand for agricultural products. The market is closely watching the weather in the US Midwest where ...
4 votes
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No Game Change For EUR
GBP: UK construction PMI rose to 56.7 from 54.3, much better than the 53.4 expected. Fundamentally, this should support Q1 GDP and help the UK avert technical recession. Many expect GBP to remain supported against mainland Europe over the short term, ...
24 votes
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Trading Week Outlook: Apr. 9 - Apr. 13
AUD- Australia Employment Report and Unemployment Rate, the main measures of labor market conditions, Wed., Apr. 11, 9:30 pm, ET. After losing 15400 jobs in February, the Australian economy is forecast to add up to 7000 new jobs in March, ...
35 votes
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Foreign, local pressures boost Saudi rates
* Short-term interbank rates up nearly 30 bps in 6 months * Rise in USD Libor, geopolitics appear to be factors * Bank liquidity still high, loan/deposit ratio moderate * But bank lending jump could pressure rates late this year * Official rate hike ...
38 votes
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Asian FX market staying very quiet
Sometimes the posts here are pretty misleading. It's some news from Germany on... Balmain Boy: Can't agree with your comments there . This isn't related to the NZ data and the AUD... Jonesey: For my pennies worth I see Gold finding a ceiling around ...
4 votes
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Malaysia-Market factors to watch March 21
... palm oil exports up 14.2 pct-ITS ----------------------MARKET SNAPSHOT @ 0004 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1405.52 -0.3% -4.230 USD/JPY 83.63 -0.08% -0.070 10-YR US TSY YLD 2.3519 -- -0.011 SPOT GOLD 1650.26 0.01% 0.230 ...
25 votes
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Gold imports may fall 15-20% in 2012-13
Gold imports, which have become a hurdle for the government in managing the ballooning current account deficit, (CAD) are expected to moderate in the next financial year. While the prime minister's advisors have projected a 30 per cent fall in imports, ...
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GBP/USD weekly outlook: February 20 - 24
Market sentiment was also boosted by a string of improving US economic data. On Thursday, the US Department of Labor said initial jobless claims unexpectedly fell to their lowest level since March 2008 last week, declining to 348000, ...
40 votes
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EUR: The Promise Of Decisions No Longer Suffice
Early gains in the AUD, NZD, GBP and CAD were wiped out as investors flocked into the safety of US dollars. It was a busy day for US data that provide little in the way of clarity on the outlook for monetary policy. All we know is that the door remains ...
32 votes
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Weekly Outlook February 13-17
Apart from Greek news, we have GDP in the euro-zone and Japan, employment figures in the UK and Australia, and the FOMC Meeting Minutes as the main events lined up this week. Here is an outlook on the major market-movers coming our way.
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Sharprock Resources Inc. Signs Agreement to Acquire High Grade, Multi-Million ...
The license includes several mineral showings including the multi-million ounce, high grade open pit mineable Kekura Centre gold deposit (the "Kekura Centre Gold Deposit"). Based on a 0.9 gram per tonne ("g/t") gold cut-off grade, Indicated mineral ...
2 votes
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Forget the euro woes; China is more important for us
The reality of today's global economic environment is that exchange rates are relative prices, and relative to the rest of the world which has some economic problems and challenges, the NZ economic position and performance appears to outsiders to be ...


