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Singapore Stocks-May rise on higher US; Greece worries may cap
----------------------MARKET SNAPSHOT @ 0009 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1320.68 0.14% 1.820 USD/JPY 79.62 0.1% 0.060 10-YR US TSY YLD 1.786 -- 0.003 SPOT GOLD 1556.89 -0.09% -1.360 US CRUDE 90.87 0.23% 0.210 DOW JONES ...
30 votes
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Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD
GBP - The pound is mixed this morning, gaining against the EUR while falling against the USD on speculation that the BoE will have to increase stimulus. The IMF suggested that the BoE pursue further monetary easing to support the struggling UK economy ...
41 votes
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Canada Dollar Gains as Europe Avoiding Recession Boosts Demand
We see the Canadian dollar following the global trend, said Jack Spitz, managing director of foreign exchange at National Bank of Canada in Toronto. There's a rise in global risk appetite on the back of perhaps a misguided, but certainly a view, ...
40 votes
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April REINZ Home Sales Fell And Medium Price Eased, NZD Pares Loss
Similarly, the April median home price fell 1.4 percent to NZ$365000 from a record high of $370000 in the previous month. The Housing Price Index, which uses all sales by REINZ members rather than only a median price, declined 0.3 percent, ...
41 votes
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FXCM Sponsored Its First University Currency Trading Contest This Semester
Bryce recently sat down with FXCM to tell us more about his trading strategy, My best currency trade was the AUD/USD. DailyFX wrote about the pair being a short opportunity and said it had the chance of breaking out and the more I studied the ...
25 votes
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ExxonMobil signs USD 100 mln contract to drill 20 oil wells in Iraq
BAGHDAD, May 2 (KUNA) -- US oil giant company ExxonMobil Corporation on Wednesday has signed a contract with the Iraqi Drilling Company, a state-run Co., to drill 20 oil wells in West Qurna-1 Oil Field in Basra, south of Iraq.
36 votes
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USD/JPY: Corporate sellers still lying in wait
Sean Lee: Hi Jason, if an economy technically enters a recession then reserve and asset managers have rules in place... jason: Sean, What does your third point regarding Gilt mean? Why they are related? Thanks Jason fxgai: I think it's the story Gerry ...
37 votes
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Singapore Stocks-May fall on euro zone debt woes
----------------------MARKET SNAPSHOT @ 0012 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1370.26 -1.25% -17.310 USD/JPY 80.98 0.11% 0.090 10-YR US TSY YLD 1.9928 -- 0.003 SPOT GOLD 1652.79 -0.35% -5.790 US CRUDE 102.36 -0.46% -0.470 DOW ...
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Euro Gains Find Fresh Offers Above 1.3100 in Overnight Trade
So far, the buck has managed to find some renewed bids on dips, with questionable data out of China (hard landing back on table with higher inflation readings and concerning components in trade data), softer Eurozone Sentix investor sentiment, ...
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NZD fortunes fade
The NZD's buoyant start to the week, following the Chinese PMI release over the weekend, soon faded. The NZD/USD drifted off yesterday, before finding solid support at the 0.8190 level overnight. Early this morning, after stronger-than-expected US ISM ...
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Toyota's Canadian manufacturing operation to increase RAV4 volume
Ultimately, this $80 million [CAD] investment will result in about 400 new jobs between now and implementation. This initiative is one of several projects announced in 2011 under the name, Project Green Light. Supported by both the Government of Canada ...
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GBP/USD weekly outlook: February 27 - March 2
... but concerns over the outlook for the UK economy kept sterling in check. GBP/USD hit 1.5898 on Friday, the pair's highest since February 8; the pair subsequently consolidated at 1.5869 by close of trade, easing up 0.14% on the week.


