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US Market Update: Investors begin the week hopeful amid signs that growth wil...
21 May 2012 at 10:08am
- (PL) Poland Apr Sold Industrial Output M/M: -7.5% v -7.2%e; Y/Y: 2.9% v 2.8%e - (PL) Poland Apr Producer Prices M/M: 0.6% v 0.5%e; Y/Y: 4.3% v 4.3%e v 4.5% prior - (RU) Russia Apr Real Retail Sales M/M: 0.1% v 0.8%e; Y/Y: 6.4% v 7.0%e - (RU) ......
EU Market Update: Markets exhibit some calm following weekend G8 Summit
21 May 2012 at 4:55am
Equity indices opened the session mostly lower, but indices have since pared losses as most banks are now trading in positive territory. Additionally, most resource related companies are gaining, amid the move higher in commodity prices. In Asian trading,...
KBC: Polish macro-figures should confirm flat-rate scenario
21 May 2012 at 4:19am
CEE currencies calmed down on Friday and clearly outperformed other EMEA markets. Certain stabilisation on the EUR/USD par could have helped the zloty and the koruna. In the case of the koruna#8217;s - its nearly 1% gain move was helped by a huge ......
Asian Market Update: Equities and risky FX bounce after G8 commitment to Gree...
21 May 2012 at 4:18am
Asian equity markets, commodities, and risk-on FX opened the new week on a stronger note, boosted by G8 sentiment bent on keeping the eurozone together as well as some veiled signals of further accommodation out of China. In its statement, the G8 indicate...
DAILY FOREX AND DOW JONES RECOMMENDED LEVELS
21 May 2012 at 4:17am
Today#8217;s support: 1.2720, 1.2677, 1.2643 and 1.2600(main), where correction is possible. Break would give 1.2582, where correction also may be. Then follows 1.2540. Break of the latter would result in 1.2524. If a strong impulse, we would see ......
US Market Update: DJIA -29 S&P500 +3.2 NASDAQ -15
18 May 2012 at 10:54am
***Economic Data*** - (ES) Spain Mar Trade Balance: -#8364;3.3B v -#8364;3.8B prior - (BR) Brazil Mar Economic Activity M/M: -0.4% v +0.5%e; Y/Y: 0.9% v 2.4%e - (IN) India Forex Reserves w/e May11th: $291.8B v $293.2B prior...
EU Market Update: Spain's banking sector said to be calling on market regulat...
18 May 2012 at 4:54am
European equity indices opened lower, but have since moved off of the worst levels for the session. Spanish banks have rebounded from the prior session's losses, as shares of Bankia [BKIA.ES] have traded higher by over 20%, amid speculation that ......
Asian Market Update: Risk-aversion at a boil after Moody's cut of Spanish ban...
18 May 2012 at 1:29am
Asian equity markets are sliding ever lower in the final trading session of the week, giving little reverence to the G8 summit taking place this weekend in Camp David. Regional indices are off by over 2% just about across the board, SP500 futures have re...
US Market Update: DJIA -50 S&P500 -4.0 NASDAQ -25
17 May 2012 at 10:38am
***Economic Data*** - (BR) Brazil May FGV Inflation IGP-10 M/M: 1.0% v 1.0%e - (BR) Brazil Mar Retail Sales M/M: 0.2% v 0.3%e; Y/Y: 12.5% v 11.7%e; Broad Retail Sales Y/Y: 10.2% v 7.9%e...
EU Market Update: 3-month Euribor rises for the first time in the post-LTRO e...
17 May 2012 at 4:52am
European equity markets opened the session slightly higher, but indices have since pared gains as most banks are in negative territory. Banks have traded with a negative tone, amid reports that JP Morgan's previously reported $2B trading loss may ......
Asian Market Update: Markets given a boost on US commitment to easing; Japan ...
17 May 2012 at 1:34am
Markets were less cautious today becoming accustomed to Greece's new instability, with a fresh election date and a caretaker government put in place confirmed today. Some of the positive sentiment can also be attributed to the US Fed's willingness ......
US Market Update: DJIA +23 S&P500 +3.8 NASDAQ +1.5
16 May 2012 at 11:04am
***Economic Data*** - (US) MBA Mortgage Applications w/e May 11th: 9.2% v 1.7% prior - (ZA) South Africa Mar Retail Sales M/M: 2.1% v 2.7%e; Y/Y: 6.8% v 6.6%e...
EU Market Update: Risk Aversion remains heightened in session; GBP slumps fol...
16 May 2012 at 5:00am
European equity indices opened the session broadly lower, as indices have been pressured by banks. Additionally, resource-related companies opened lower following cautious comments out of BHP about the outlook for commodity prices. Concerns about Greece h...
KBC: As contagion intensifies sell-off in Central Europe too
16 May 2012 at 4:53am
Broad sell-off intensified in Central Europe as markets got to know that Greeks to head back to polls after talks fail. While the biggest currency looser has been the Polish zloty as the EUR/PLN hit 4.40 level, on the fixed-income side it was the Hungaria...
Asian Market Update: Asian equities continued their decent with the focus rem...
16 May 2012 at 1:22am
Asian equities continued their slide for the 6th consecutive day as the global economic outlook becomes more clouded. Greece failed again for another day to form a new government and there is chatter that fresh elections will be held on June 17th. Germany...
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INSIDE ASIA; A Change in the Asian Equation
31 Jan 2012 at 12:00am SINGAPORE -- Central bankers in Asia have yet another reason to hesitate now that the U.S. Federal Reserve looks likely to keep interest rates low for longer. Indonesia, Thailand, Australia and the Philippines have all cut interest rates at least once in the past three months to try to shore up economic growth, and many economists predict that...Read more...
LETTER FROM EUROPE; The Move by Scotland to Go It Alone
17 Jan 2012 at 12:00am LONDON -- You are driving north. The highway skims by major cities -- Birmingham, Manchester -- until a barrier brings progress to a halt. A new international frontier straddles the road. There are passport checks, barbed wire revetments, currency exchange booths, customs controls, a gate reminiscent of Checkpoint Charlie in Cold War Berlin,...Read more...
Afghanistan Widens Effort to Recoup Bank's Assets
4 Jan 2012 at 12:00am KABUL, Afghanistan -- The Afghan Central Bank said Tuesday that the government was stepping up efforts to recoup public money lost more than a year ago in the collapse of Kabul Bank, the nation's largest private financial institution. The development may hearten the Afghan government's international backers, like the United States, by showing that...Read more...














