financial news

Dollar is broadly firmer for the second day on euro zone periphery issues; China hikes rates by 25bp. Safe havens are bid again as downgrade of Portugal fuels concerns over status of Ireland’s rating. Brazil Finance Minister Mantega…

Dollar is broadly stronger amid concerns over Greek debt rating, China tightening; stocks mixed. S&P warns plan for Greece is likely default; ECB to accept collateral unless all agencies rule default. RBA on hold, Riksbank hikes by…

Dollar is mostly weaker against the majors into Greek austerity vote; global equities rally strongly. The euro remains firm near $1.444 ahead of vote; momentum likely to continue but hurdles remain. Rumors of a potential Chinese rate hike…

Dollar broadly mixed as the uncertainty over the Greek persist; German IFO beats expectations. News of a Greek austerity deal with EU-IMF are positive but risk surrounding austerity vote remain. China said efforts to stem inflation are…

Dollar firmer across the board after profit taking capped losses; growth concerns still abound. Greece secures confidence vote, next hurdle is austerity vote; market focus shifts to FOMC meeting. Brazil likely to keep inflation target of…

Dollar broadly firmer as decision on Greece is delayed until July, Stocks and oil under pressure. Global markets this week are likely to be dominated again by developments in Greece; EUR near 1.42. Beyond Greece markets are also likely to…

Dollar, yen and Swiss franc are trading firmer; US data today to take back seat to Greek drama. Contagion spreading as Spain auction was weak, 10-year yield at record highs. EM to remain under pressure as spillover from Greece uncertainty…

The US dollar, yen and Swiss franc are trading firmer as the impasse on the new Greek aid package unnerved traders ahead of the next IMF tranche due later on in the month

Dollar mixed vs. majors ahead of ECB decision; signal for 25 bp hike in July widely expected. Negotiations on second Greece aid program continue; talks could drag on for weeks. NZD outperforms on hawkish RBNZ statement, AUD underperforms on…

Dollar, yen and Swiss franc broadly higher; sentiment deteriorates after Bernanke’s speech. Euro trips ahead of $1.47 amid concerns over Greece’s package and soft German IP. Brazil and Poland both expected to hike by 25bps; Brazil’s…