Browsing Tag

financial news

Default Risks Intensify

EUR/USD breaches 1.35 (new trend low) and stocks hit 26-month low amid Greece default concerns. This week is likely to be dominated again by European headlines and US economic data reports. China data support soft landing scenario; Central…

links for 2011-09-11

FT.com - Police struggle to combat copper theft "The global boom in commodity prices is being felt in railway sidings, electricity substations and scrap yards as gangs of thieves scour the country for…

A Tale of Two Speeches

Dollar continues to firm amid choppy market conditions; US futures point to modest decline. President Obama announces bigger package than expected; fiscal stimulus may be USD supportive. China’s CPI report shows that inflation has likely…

links for 2011-09-08

OECD says growth outlook has got much worse | Reuters "The outlook for economic growth in developed countries has got much worse in the last three months, the OECD said on Thursday and urged central…

ECB: A Shift from Hawkish to Neutral?

BoE holds steady, with markets awaiting the ECB press conference; European stocks firmer. Important speeches from Bernanke and Obama; Bernanke likely to signal potential measures. Brazil swaps and futures market pricing in significant rate…

links for 2011-09-07

House prices fall by 2.6%, says Halifax | Money | guardian.co.uk 'House prices fell by 1.2% in August, according to the latest Halifax index, ending three months of price rises."…

The Euro Clears One Political Hurdle

Markets continued to be dominated by the EZ sovereign debt crisis and the uncertainty surrounding key political events this month, which are likely to shape the market response in the months ahead. Of the key political events that take…

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