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S&P - 1 day chart

posted by Avatar posh 341 days ago in GBP made popular 341 days ago

(Scotland on Sunday/Sunday Telegraph) Vodafone Co. which owns 24% of Poland's Polkomtel SA may make GBP 1bln from the sale of the mobile-phone operator. In other news, Co. announced that it is commencing a GBP 4bln share buyback programme, ...  read more
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Euro, stocks lifted by Greek deal optimism

posted by Avatar posh 344 days ago in EUR, Commodities

We hope the euro will stabilize because it's very much correlated with crude." Gold edged lower with spot gold XAU= slipping to $1528.49 from a high of 1530 an ounce. The metal is heading for its second consecutive weekly drop. ...  read more
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AUD/NZD maintains upward tendencies

posted by Avatar posh 346 days ago in NZD made popular 346 days ago

Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you ...  read more
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The US dollar index slipped a little on reduced safe-haven needs

posted by Avatar posh 347 days ago in USD, NZD

USD/JPY rose to 80.60 Commodity currencies fared best, the outperforming AUD rising further from 1.0634 to 1.0716. NZD consolidated after peaking at 0.8215 early London. AUD/NZD ratcheted a half cent higher to 1.3060. US retail sales down 0.2% in May. ...  read more
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Three ETFs To Watch This Week: EWL, GTIP, RSUN

posted by Avatar posh 348 days ago in JPY

With the economy trying to stay on its feet, while simultaneously battling the deflation that has saddled them for nearly two decades, this weeks meeting of the Bank of Japan will be a major event for investors in any kind of Japanese equities. ...  read more
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Why an Emerging Market Bubble May Be on the Horizon

posted by Avatar posh 352 days ago in USD, EUR, JPY, Commodities made popular 352 days ago

Also, many global commodities (oil for example) are priced in the global marketplace in US currency, so as the dollar declines, oil prices increase, further helping those oil-rich emerging markets. Needless to say, the opportunities for economic ...  read more
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Cable very steady during Asian trade; BOE rate decision awaited

posted by Avatar posh 353 days ago in GBP made popular 353 days ago

Nexus: That eur/jpy trade looks good Sean! Keep a kleen eyeon the Bollies! Michael: @Jamie have you ever noticed that there is a bug with the commenting here!? I see sometimes other peoples FILLED OUT name and email fields. Looks like some. ...  read more
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Austria Trade Deficit Widens In Q1

posted by Avatar posh 355 days ago in Economic Indicators made popular 354 days ago

Austria's trade deficit widened in first quarter from a year earlier, preliminary data released by Statistics Austria showed Tuesday. The trade deficit widened to EUR 1.5 billion during the three month period ended March from EUR 1.15 ...  read more
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Fitch revises Hungary outlook to stable over promising gov't measures

posted by Avatar posh 355 days ago in Economic Indicators made popular 354 days ago

The government's structural reform plan for 2011-2014 lays down fiscal measures worth 550 billion forints (EUR 2bn), or about 1.9 percent of GDP, in 2012 and 902 billion forints, or 3 percent of GDP, by 2013, Fitch said. The programme reaffirms the ...  read more
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EUROPEAN OPENING NEWS INCLUDING: Greek PM Papandreou is expected to provide ...

posted by Avatar posh 359 days ago in EUR made popular 359 days ago

Belgian finance minister Reynders said he is not against maturity extension for Greek EU loans, however he ruled out Greek restructuring, and said EUR exit is absurd. He also said that EU is in process of limiting crisis to three countries. ...  read more
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Sterling falls, stung by disappointing UK PMI

posted by Avatar posh 360 days ago in USD, EUR, Economic Indicators made popular 360 days ago

Sterling dived against the dollar and euro on Wednesday after UK manufacturing data came in much worse than expected, bolstering the view that the Bank of England will keep interest rates at record lows until ...  read more
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Japan's Bonds Fall on Bets Investors to Sell Before Auction

posted by Avatar posh 362 days ago in JPY made popular 362 days ago

Ten-year securities still headed for the biggest monthly gain since December as other reports showed Japan's jobless rate rose and household spending dropped. The upcoming auction is limiting upward momentum on bonds, and we may be able to see a 1.2 ...  read more