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European Factors to Watch - Shares expected to rebound

posted by Avatar mattypark 3 days ago in all made popular 2 days ago

MIASJ0000 -0.23 % -1.05 EX-JP US> EUR/USD 1.2566 -0.17 % -0.0021 USD/JPY 79.48 0.03 % 0.0200 10-YR US TSY 1.738 -- 0.01 YLD 10-YR BUND 1.396 -- 0.01 YLD SPOT GOLD $1556. -0.32 % -$4.98 0 US CRUDE $90.25 0.39 % 0.35.  read more
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Slower Growth, But Structural Reforms Progressing

posted by Avatar mattypark 9 days ago in Economic Indicators made popular 9 days ago

The real RMB/USD exchange rate (adjusting for differences in the CPI in both countries) appreciated by about 42 percent. Using GDP deflators (instead of CPIs), the real RMB/USD exchange rate shows over 50 percent appreciation since July 2005.  read more
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Short EUR/AUD as trade recommendation

posted by Avatar mattypark 11 days ago in EUR, AUD made popular 11 days ago

EUR/AUD could easily fall to 1.2500 multi-week" Sean Callow, FX Strategist in Sydney. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as ...  read more
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Gold records 5-month low

posted by Avatar mattypark 12 days ago in USD, EUR, CAD, AUD

Against the Canadian dollar (CAD), the US dollar climbed to 1.0023 from 1.0006. Versus the Swiss franc (CHF), the greenback rose to 0.9361 from 0.9313, breaking through the 0.9330 resistance area. The Australian dollar (AUD) dropped below parity ...  read more
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Sterling near 3-1/2 yr high vs euro on Greece worries

posted by Avatar mattypark 18 days ago in GBP made popular 18 days ago

Sterling hovered within sight of a 3-1/2 year peak ...  read more
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GBP/USD weekly outlook: May 7 - 11

posted by Avatar mattypark 20 days ago in USD, GBP made popular 20 days ago

The pound touched an eight month high against the greenback earlier in the week, before coming under pressure amid concerns over the outlook for the recession hit UK economy. Data on Tuesday showed that manufacturing activity in the UK contracted in ...  read more
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Barrick Gold's CEO Discusses Q1 2012 Results - Earnings Call Transcript

posted by Avatar mattypark 24 days ago in USD, GBP, CAD, Commodities made popular 24 days ago

Welcome to the Barrick Gold First Quarter 2012 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded, Wednesday, May 2, 2012. I would now like to turn the conference over to Greg Panagos, ...  read more
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Crude Flat Ahead Of Inventories Report

posted by Avatar mattypark 38 days ago in USD, EUR, GBP, Commodities made popular 38 days ago

The price of crude oil was little changed Wednesday morning as traders await cues from the official inventories data from the EIA, due out later during the session. Light Sweet Crude Oil (WTI) futures for May delivery, edged down $0.04 to ...  read more
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SEYFETTN GRSEL

posted by Avatar mattypark 41 days ago in CAD made popular 41 days ago

The problem is that the CAD forecast can be achieved but at the expense of lower economic growth. How much less? Probably growth would not decelerate to 1 or 2 percent, as is claimed by the hard landing camp, but to a paltry 3 percent.  read more
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BoJ has to work to weaken JPY

posted by Avatar mattypark 42 days ago in JPY made popular 42 days ago

CNY: China reported an unexpected trade surplus last month as import growth trailed forecasts, emphasizing the risks of a deeper slowdown in the world's second-largest economy. Inbound shipments rose +5.3%, well below the +9% estimated.  read more
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GBP/USD: Sterling Up As UK Manufacturing PMI Rises To A 10-Month High

posted by Avatar mattypark 53 days ago in GBP, Economic Indicators

In the Asian session, at 03:00 GMT, the pair is trading at 1.6042, with the GBP trading 0.09% higher from yesterday's close. The British Chambers of Commerce (BCC) stated that the UK economy would probably avoid a recession this year and the government ...  read more
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Euro drops, yen rises; Spanish budget ahead

posted by Avatar mattypark 58 days ago in all made popular 58 days ago

The euro slid against the dollar and the yen on Thursday as investors dumped the single ...  read more