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Weekly Economic and Financial Commentary

posted by jerome 729 days ago in USD, Fundamental, Weekly made popular 729 days ago

The U.S. economic recovery continues to show its Dr. Jekyll and Mr. Hyde sides. Perhaps that is a factor behind the schizophrenic stock market behavior of late. An “unbalanced” or “two-speed” recovery remains the current state of affairs.

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How the Gulf Spill May Affect Oil Price and Supplies

posted by jerome 730 days ago in USD, Oil

As a long time oil bull, I've been spending more than a bit of time over the last couple of weeks musing about how this might affect the oil market, and the price of oil, over the intermediate and long term.

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Australian dollar lower

posted by jerome 734 days ago in AUD made popular 734 days ago

The Australian dollar was lower at noon as uncertainty over Europe raises concerns about a recovery in the global economy and lowers demand for commodities.

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US counts on BP to stop leak, less oil siphoned off

posted by jerome 734 days ago in USD, Oil, Inflation made popular 734 days ago

Breaking forex and currency news including currency analysis and forecasts, live foreign exchange rates, central bank interest rates, and currency trading strategies from experienced fx traders.

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Dollar gains strength as safety net

posted by jerome 735 days ago in USD made popular 735 days ago

Increased market risk volatility over the past few weeks, which has gathered in intensity over recent days, will provide further support to the US dollar as investors and financial markets seek a safe haven. The noted move to risk aversion comes

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Bank of Japan upgrades economic outlook, holds base rate

posted by jerome 737 days ago in JPY

The Bank of Japan has upgraded its assessment of the nation's economy, saying it was 'starting to recover moderately,' the bank said Friday after a two-day policy meeting.

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U.S. mortgage rates sink further

posted by jerome 737 days ago in USD

Continued uncertainty in Europe and low inflation at home push the average interest rate for a 30-year loan to 4.84%, Freddie Mac survey shows.

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Spain's economy scrapes out of recession

posted by jerome 738 days ago in EUR, GDP

Spain scraped out of recession in the first quarter with growth of 0.1 percent, ending six quarters of contraction, final data from the national statistics institute showed on Wednesday.

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USD Advances to a New Yearly High as Equities Retreat

posted by jerome 742 days ago in USD, Inflation

Dollar Advances to a New Yearly High being of the cl~s who Equities Retreat, Interest Rate Forecasts Rise Though it was a comparatively quiet session, risk appetite would notably stumble and the dollar ascend gradually to new highs through Today’

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Why the only way is up for British Petrol Prices

posted by jerome 743 days ago in GBP, Oil made popular 743 days ago

The wholesale cost of motor fuel has been falling for a week now and yet the price at the pumps is at an all-time high. At the turn of the year a litre of petrol sold on the forecourts at about £1.10, now it is above £1.21. Diesel is up even more

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EU growth worries weigh on NZ & Aussie dollars

posted by jerome 744 days ago in EUR

The New Zealand and Australian dollars traded with soft tones on Friday as concerns about the growth outlook for Europe weighed on the euro and dimmed the appetite for risk.

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What Affect Oil Price?

posted by jerome 745 days ago in USD, Oil

Oil prices have hit record highs above $145 a barrel and have more than doubled in less than a year. There have been calls for oil producers to increase supply. However, they blame the high prices on speculators and the weakening US dollar, which

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