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Japan just ahead of China as No. 2 economy in 2009

posted by Avatar chezka 832 days ago in JPY, GDP

Japan retained its title as the world's number two economy in 2009, ahead of China, extending a recovery from a brutal recession with a robust fourth-quarter performance, data showed Monday.  read more
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Euro zone recovery wanes

posted by Avatar chezka 834 days ago in EUR, GDP made popular 834 days ago

The euro zone's economic recovery lost steam in the final quarter of last year as gross domestic product barely expanded, with France the only one of the currency area's four biggest economies to post growth.  read more
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Commodities Prices Rally as Dollar Weakens

posted by Avatar chezka 836 days ago in USD, Gold, Housing made popular 836 days ago

The dollar initially spiked after Federal Reserve Chairman Ben Bernanke's released plans to withdraw stimulus measures from the economy. However, as investors became more comfortable with the plans, trading reversed.  read more
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Euro decline against dollar slows

posted by Avatar chezka 837 days ago in EUR made popular 837 days ago

The euro dollar rate has tentatively turned a corner in morning trade on Tuesday the 9th of February.  read more
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Australian Market Slips After Moving Higher

posted by Avatar chezka 840 days ago in AUD made popular 840 days ago

After a flat start and a subsequent move to higher levels, the Australian stock market has drifted lower and pared most of its gains on Monday with in...  read more
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Forex Fundamental Outlook – Dollar May Consolidate Gains

posted by Avatar chezka 840 days ago in USD, Fundamental made popular 840 days ago

The dollar rose on Friday for a third consecutive day, pressuring stocks and commodity prices for a third day. US nonfarm payrolls declined a modest 20K in January with the unemployment rate falling to 9.7%. The S&P 500 gained 3.08 to 1,066.19 an  read more
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Poor US jobless figures cause dollar to slide

posted by Avatar chezka 841 days ago in AUD, Employment made popular 841 days ago

The Australian dollar slid in Asia trade yesterday as markets were unable to overcome a wave of global risk aversion overnight.  read more
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Gold Market Update

posted by Avatar chezka 846 days ago in USD, Gold made popular 846 days ago

In this Gold Market update we are going to "cast our net wide" and consider the outlook not just for gold and PM stocks but also the dollar, other commodities and the the broad US stockmarket.  read more
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Employers warned to review snow policy

posted by Avatar chezka 847 days ago in GBP, Employment made popular 847 days ago

AN East Anglian law firm has warned that the region's employers need to learn som important lessons from the “big freeze” which gripped the country earlier this month.  read more
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Gold Declines, Reversing Gain, as Dollar Rebound Saps Demand

posted by Avatar chezka 852 days ago in USD, Gold made popular 852 days ago

Gold declined, extending its loss for a third day, after the dollar rose on speculation China will take more steps to curb bank lending to ward off the formation of asset bubbles.  read more
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The Red Report, Gold, Oil, Dollar

posted by Avatar chezka 854 days ago in USD, Gold, Oil made popular 853 days ago

The benchmark contract for Gold lost -3.5% to close at 1090.8 last week. Although the precious Yellow metal has fallen -6.2% from its recent high at 1163, I now still see more downside risk, particularly as February and March are weak months seas  read more
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Low gasoline prices won't last for long

posted by Avatar chezka 854 days ago in USD, CAD

Canadian and U.S. unleaded gasoline prices are about to enter into a period of seasonal strength. Will they move higher again this spring?  read more