Feedback Form

Avatar crunchy

41 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Tough decisions on spending, revenue on anvil: Prime Minister

posted by Avatar crunchy 4 days ago in Economic Indicators made popular 4 days ago

While the current account deficit (CAD), which indicates the difference between inflow and outflow of foreign exchange, is expected to rise to 4 per cent of the GDP in 2011-12 from 3.3 per cent a year ago, the high crude oil prices will put pressure on ...  read more
26 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Fitch affirms 2 money market funds managed by Amundi

posted by Avatar crunchy 15 days ago in all made popular 15 days ago

... (for the EUR sub-fund) and 0.72 (for the USD sub-fund) met Fitch's 'AAAmmf' rating criterion of 1.50 or less. MATURITY PROFILE The funds seek to limit interest rate and spread risk consistent with Fitch's ratings criteria for funds rated 'AAAmmf'.  read more
36 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Prior Week Market Movers: Their Key Lessons For This Week

posted by Avatar crunchy 21 days ago in EUR made popular 20 days ago

In the US, a weak ADP NFP jobs report, ominous for Friday's official BLS jobs report, as well as a drop in factory orders added to the bad news from Europe. Yet except for the EUR's 0.75% drop, and stock indexes in Spain and Italy falling ~ 2.5% for ...  read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Fundamental Update: The UK is back in recession

posted by Avatar crunchy 31 days ago in USD, EUR, JPY, CAD, AUD

The services sector expanded by 0.1%; however this was not enough to balance the weakness from other sectors of the economy. The BOE has said it believes that the GDP figures are underestimating the strength of the UK economy and there is a chance that ...  read more
35 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Sterling hovers near 20-month high vs weak euro

posted by Avatar crunchy 33 days ago in USD, EUR, JPY, GBP, CAD, Economic Indicators made popular 32 days ago

The pound has performed strongly in recent days on the back of data showing an improvement in the UK economy and with dimming expectations that the Bank of England will opt for a further bout of asset-buying quantitative easing.  read more
32 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Seoul shares seen rangebound in post-holiday trade

posted by Avatar crunchy 45 days ago in all made popular 45 days ago

-----------------MARKET SNAP SHOT @ 22:20 GMT------------------- INSTRUMENT LAST PCT CHG NET CHG S&P 500 1368.71 0.74% 10.120 USD/JPY 80.86 0.02% 0.020 10-YR US TSY YLD 2.037 -- 0.000 SPOT GOLD $1658.69 0.07% 1.240 US CRUDE $102.56 -0.14% -0.140 DOW ...  read more
42 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

USD/JPY orders

posted by Avatar crunchy 47 days ago in USD, JPY made popular 47 days ago

USD/JPY is holding at the middle of today's range around 81.40 in early American trade. Traders report bids at 81.20 with stops placed below, and more demand at 81.00 with more stops below. Offers look to be in place at the 81.50/60 area.  read more
29 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Australia cenbank holds rates, opens door to easing

posted by Avatar crunchy 54 days ago in all made popular 54 days ago

... saying it wanted to see coming inflation data before deciding whether to ease policy. The Australian dollar slipped as the Reserve Bank of Australia (RBA) sounded a more cautious note on the economy, acknowledging that growth had disappointed.  read more
36 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

C$ firms on stronger US, China data

posted by Avatar crunchy 54 days ago in all made popular 54 days ago

The Canadian dollar ...  read more
2 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Mixed Results For German Retail Sales

posted by Avatar crunchy 58 days ago in USD, EUR, Economic Indicators

When compared to other European countries, Germany has over the past years enjoyed lower unemployment and lower inflation, which has translated to higher consumer confidence. The EUR/USD rose 13 points, and should continue to be monitored ahead of the ...  read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Gold And Silver Daily Outlook For March 22

posted by Avatar crunchy 65 days ago in USD, EUR, CAD, Economic Indicators

US Jobless Claims: Initial claims decreased to 351000 claims for the week ending on March 10th; the upcoming update may affect the strength of the US dollar and consequently gold and silver. The Euro/USD slightly declined on Wednesday by 0.07% to ...  read more
42 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

AUD/USD weekly outlook: February 27 - March 2

posted by Avatar crunchy 90 days ago in AUD made popular 90 days ago

Meanwhile, Reserve Bank of Australia Governor Glenn Stevens said Australia's benchmark interest rate is about right for the moment as economic growth is close to trend while concerns over the effects of the euro zone's debt crisis on global output ...  read more