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China''s foreign trade will touch USD 4.8 trillion by 2015

posted by Avatar posh 143 days ago in USD

The full-year volume of China''s imports and exports stood at USD 2.97 trillion in 2010, Chinese Commerce Ministry said. The ministry also predicted that retail sales will grow at an average annual rate of 15 per cent to top 32 trillion yuan (USD 5.1 ... read more
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Dollar mixed as markets focus on Italian bond sales

posted by Avatar posh 151 days ago in NZD made popular 151 days ago

The greenback was moderately lower against its Canadian counterpart, but higher against its Australian and New Zealand cousins, with USD/CAD edging down 0.04% to hit 1.0197, AUD/USD retreating 0.14% to hit 1.0155 and NZD/USD declining 0.30% to hit ... read more
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Petroplus shares nosedive after credit freeze

posted by Avatar posh 151 days ago in CHF made popular 151 days ago

Shares of Europe's largest independent oil refiner, Zug-based Petroplus, tanked this morning as lenders froze some $1 billion in uncommitted loans. Petroplus Holdings AG stock lost 40 percent at one point today, dropping to CHF 2.10. ... read more
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Wrtsil receives EUR 150 million dual-fuel power plant order from Dominican ...

posted by Avatar posh 151 days ago in EUR

Wrtsil Corporation, Trade & Technical Press release, 27 December 2011 at 9.15 am EET Wrtsil, a leading global supplier of flexible and efficient power plant solutions, has been awarded the contract to supply a complete Flexicycle(TM) dual-fuel ... read more
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RIL, L&T nudge higher

posted by Avatar posh 152 days ago in AUD made popular 152 days ago

The purchase consideration for the deal is Australian dollar (AUD) 37 million. Portland Group reported revenue of about AUD 31.3 million for the year ended 30 June 2011. India's third largest software services exporter by revenues Wipro gained 0.59%, ... read more
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Japan, China look to trade talks, debt buys

posted by Avatar posh 153 days ago in JPY made popular 153 days ago

China has been Japan's biggest trading partner since 2009. In 2010, trade between the two nations grew by 22.3 percent compared to levels in 2009, reaching 26.5 trillion yen (USD 339.3 billion), according to the Japan External Trade Organization. ... read more
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Chart EUR/AUD Update: Inching higher within broader consolidation

posted by Avatar posh 159 days ago in EUR

You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with ... read more
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Euro zone new car sales fall, VW warns on 2012

posted by Avatar posh 162 days ago in USD, EUR, JPY, CAD made popular 162 days ago

Car sales are an important contributor to overall retail sales in the euro zone, which have been struggling as households see their disposable incomes squeezed by higher prices, muted wages growth and government austerity measures. ... read more
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Canadian dollar up, financial markets calm after successful Spanish bond auction

posted by Avatar posh 163 days ago in EUR, CAD made popular 163 days ago

Meanwhile, there was a further indication Europe is sliding toward recession after the purchasing managers' index from financial data company Markit showed eurozone manufacturing and services output contracted for a fourth month in December, ... read more
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Good morning Emerging Europe/Africa

posted by Avatar posh 164 days ago in EUR, CHF made popular 163 days ago

USD/CHF at 0.9533-35, at 10-m highs, while EUR/CHF edged up to 1.2385-90 - focus on SNB MPS at 0830GMT - speculation of higher EUR/CHF floor from 1.2000 to 1.2500/1.3000 given deflation fears - but if nothing, EUR/CHF to take out stops below 1.2280/50. ... read more
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Dollar firms as gold, euro slide

posted by Avatar posh 166 days ago in NZD made popular 166 days ago

The greenback was mixed against currencies in Canada, Australia and New Zealand, with USD/CAD dipping 0.01% to 1.0271, AUD/USD sliding 0.13% to 1.0060 and NZD/USD slipping 0.06% to hit 0.7627. The dollar index, which tracks the performance of the ... read more
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Japan Q3 GDP revised down slightly; capex weak

posted by Avatar posh 170 days ago in Economic Indicators

The Cabinet Office made revisions in calculation methods to newly count financial institutions' profits from interest rate differentials, companies' in-house software development and a change in how inventories are assessed. ... read more