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US Market Update: Dow -3.7 S&P +1.4 NASDAQ +9.75

US equity indices are moving sideways this morning as another round of grim industrial production data clouds out any sunshine from the mildly positive housing data. The May housing starts and buildings permits data came in slightly above estimates, risi…, http://fxtraders.eu/rss/?mode=all

FX Trading – The Only Explanation is Cockeyed Perception

If I happened to know the German national anthem I#8217;d likely break out in song right now before I finished typing up this piece. Oh, by the way, did you hear that German investor confidence blew past expectations in a sign that the recession is ……, http://fxtraders.eu/rss/?mode=all

European Market Update: German ZEW Economic Sentiment registers highest reading since May 2006; Russian President to bring up reserve currency issue at BRIC summit today

- European equity markets snapped a three session negative open trend in this morning’s sessions. Following a lower Asian equity trading session on the back of a stronger JPY, which negatively affected Nikkei-listed exporters, and rollover financial ……, http://fxtraders.eu/rss/?mode=all

KBC: Polish inflation lower ahead of NBP meeting

The Polish zloty came under pressure as sentiment on the equity market deteriorated on Monday. The pair broke above 4.50 EUR/PLN and lost more than 1% against the euro. It was also lagging behind the neighbouring koruna as some investors were escaping fro…, http://fxtraders.eu/rss/?mode=all

Asian Market Update: Risk Aversion Sinks Asian Bourses Despite Cautious Optimism from BOJ and RBA; USD, JPY Extend Gains vs European, Commodity Majors

Asian equities are tracking the broad selloff on Wall St. with buyers fleeing the risky assets in favor of safehaven treasuries in droves. With about 90 minutes to go in Tokyo trading, Nikkei225 is down 2.6% near the session’s worst levels. SP/ASX ……, http://fxtraders.eu/rss/?mode=all