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
Posted in Forex Note, FX News
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
Posted in Forex Note, FX News
- 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
Posted in Forex Note, FX News
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
Posted in Forex Note, FX News
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
Posted in Forex Note, FX News
A big disappointment in the June Empire Manufacturing index spooked investors before the open this morning, as the survey of manufacturing conditions in the North East indicated much steeper declines than expected instead of another sign of moderation. M…, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News
- Equity markets in Europe followed Asian session weakness by opening to the downside, extending a two-day negative trend. The weekend’s corporate and political news generally trended in a bearish fashion. Geopolitical stress on the Korean peninsula ……, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News
Soaring unemployment in Europe, with still huge banking exposure, rising political tensions, fiscal concerns among the PIGS, a little country called Latvia that may be the canary in the coal mine for its Eastern European neighbors so similarly afflicted a…, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News
Major Asian bourses are scaling back the gains made for much of last week that took Tokyo and Sydney markets to their multi-month highs. Nikkei225 and SP/ASX were off by nearly 1% in late session trading, Kospi dropped over 1.5%, and Taiwan’s Taiex ……, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News
- Barron’s is positive on Toyota Motors (NYSE:TM), currently largest Japanese automaker in the world and took over GM spot as number one seller of cars in US with 20% market share. Currently stock price in 70’s is 50% off its all time high and can ……, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News