30 votes
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Philippines - Market factors to watch - July 22
... spread sell off > Gold drops on apparent progress over debt deals ----------------- MARKET SNAPSHOT AT 0008 GMT ---------------- INSTRUMENT LAST PCT CHG NET CHG S&P 500 1343.80 1.35 17.96 USD/JPY 78.56 0.11 0.09 US 10YR 3.01 -0.26 -0.01 SPOT GOLD ...
27 votes
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ZEW Confidence a Signal
The value of safe-haven assets like the greenback and Swiss franc (CHF) have been buoyed by a shift away from higher yielding assets. The news so far has inched traders into a position of market pessimism which has helped to lift the value of the USD ...
34 votes
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EUR/USD short-lived rally after stress tests results
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 ...
24 votes
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Fiscal Sustainability Turns to UK
NZD and CAD are outperformers, the former being boosted by a 1.4% m/m increase in food prices. The FOMC Minutes saw revisions to the Fed's central tendency forecasts for real GDP growth from 3.1%-3.3% to 2.7%-2.9% for 2011 and from 3.5%-4.2% to ...
4 votes
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Euro hammered as Italy, Spain yields jump
Analysts said this loss of confidence would take its toll on the euro, particularly as countries including Italy, the region's third-largest economy, were looking increasingly vulnerable. "We see little lasting support for the EUR from the Eurogroup ...
30 votes
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FX Weekly Report (11-07-2011): US Dollar waits on debt ceiling decision
However an improved reading on the retail front followed by a good UK jobs report on Wednesday could see further downsides halted. The Eurozone will also be releasing inflationary data on Thursday with the US releasing retail sales and inflation data ...
42 votes
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Shift to inflation rate rule affects yearly increase of BA pensioners
By following the new guidelines, BA is expected to cut its overall $5.55-billion (GBP 3.7-billion) pensions deficit by $1.15 billion (GBP 770 million). If the resigned trustees would succeed in bring the case to the court, a judge would need to approve ...
32 votes
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World markets higher on improving US jobs data
... by an unexpectedly strong US jobs report and a rebound in retail sales. Oil prices hovered below $99 a barrel in Asia amid signs of a strengthening US economy. In currencies, the dollar was higher against the euro but dropped against the yen. ...
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EUR/USD up in Asian trade
Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.04% to hit 0.8988 and EUR/JPY falling 0.06% to hit 116.90. Forexpros - Forex Pros offers a diverse set of professional tools for Forex, ...
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Romania builds hopes for better infrastructure
According to the World Economic Forum report, Romania will receive EUR 4.6 billion for transport infrastructure by 2013. Anca Boagiu, minister of transport, said earlier this year that she intended to increase the ratio of absorption of European funds ...
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EUR/USD under pressure after FOMC
... upgraded inflation and what that can mean for policy going forward. On the QE front, Berni laid out any immediate chances of more asset purchases. EUR/USD was pulled out of a 5-day high at 1.4443 hours before the press conference although held its ...
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Nikkei set to climb for 3rd day, Greece govt wins vote
----------------------MARKET SNAPSHOT @ 2306 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1295.52 1.34% 17.160 USD/JPY 80.23 -0.01% -0.010 10-YR US TSY YLD 2.9798 -- 0.000 SPOT GOLD 1545.81 -0.04% -0.640 US CRUDE CLc1 93.75 -0.45% -0.420 ...


