The USD was a bit weaker still after an overnight consolidation, but so far, no major support levels broken as we watch and wait for a potential follow up move. The big focus over the next few days is on this week’s US treasury auctions and potential fallout for the Read More Key US Treasury [...]
Posted in FX News | Tagged auctions, key, on, tap, treasury, us |
Debt prices have firmed sending yields lower after the European Central Bank bought bonds of so-called PIG-nations. Bonds prices of debt issued by Portugal, Ireland and Greece surged as the central bank sought to drive down yields ahead of auctions later this week. Those auctions have bond investors shying away Read More Bonds Firm after [...]
Posted in FX News | Tagged after, bonds, ecb, firm, opens, piggybank, the |
The news overnight that Japan was standing behind the Eurozone and was willing to buy 20 per cent of the European Stabilization Fund’s bailout bonds has had a positive effect on risky assets. European stock indices have risen this morning, the FTSE is up nearly 1 per cent and the Read More Euro Runs Out [...]
Posted in FX News | Tagged euro, of, out, runs, steam |
US Treasury yields have traded in a tight range between 3.3% and 3.55% since December. Such little movement has been extremely rare since the middle of 2007 (the start of the financial crisis) when Treasury yields embarked on a sharp move lower. Since then rates have been fairly volatile, as Read More Could the Dollar [...]
Posted in FX News | Tagged could, dollar, lose, of, support, the, treasury, us, yields |
The eurozone’s debt crisis is once again in danger of spiralling out of control after yields on Portuguese debt spiked to a post-EMU high and contagion hit Spain and Belgium. Read More EMU debt crisis edges ever closer to the core
Posted in FX News | Tagged closer, core, crisis, debt, edges, emu, ever, the, to |
The latest indicators from economic think tank the OECD show the world economy is set to speed up in the coming months. Here is how Britain’s growth compares to the leading economies: Read More UK vs the world how the economy stacks up
Posted in FX News | Tagged economy, how, stacks, the, uk, up, vs, world |
One of the positives to emerge from the banking crisis was the way in which it galvanised countries across the globe into a common policy response. Yet many of the lessons of the recession are already forgotten. Read More The biggest threat to growth is public policy
Posted in FX News | Tagged biggest, growth, is, policy, public, the, threat, to |
Britain’s economic recovery is at risk of a setback due to the fragile state of the country’s powerhouse services sector, the British Chambers of Commerce has warned. Read More UKs fragile services sector risks undermining recovery, BCC warns
Posted in FX News | Tagged bcc, fragile, recovery, risks, sector, services, uks, undermining, warns |
In 2007, the worst recession since the Great Depression in the 1930s began. Engulfing nations across the world, the ensuing credit crunch caused businesses to fail and huge numbers of workers to lose their jobs. Only through hugely unpopular budget cuts and tax rises have governments been able to weather the storm so far. Read [...]
Posted in FX News | Tagged from, in, journey, pictures, recession, recovery, to, uks |
