———————-MARKET SNAPSHOT @ 0007 GMT ———— INSTRUMENT LAST PCT CHG NET CHG S&P 500 1325.54 0.11% 1.450 USD/JPY 76.13 -0.13% -0.100 10-YR US TSY YLD 1.823 — 0.000 SPOT GOLD 1756.39 -0.17% -3.000 US CRUDE 96.61 0.26% 0.240 DOW JONES … 31 Vote(s) Read More Singapore StocksPoor SIA earnings may weigh
Posted in FX News | Tagged earnings, may, sia, singapore, stockspoor, weigh
Watch: Alexei Ulyukayev, first deputy chairman of Russia’s central bank, discusses the ruble, inflation and Prime Minister Vladimir Putin’s presidential bid. 28 Vote(s) Read More Russia May Start Buying A by Next Month Vid
Posted in FX News | Tagged a, buying, by, may, month, next, russia, start, vid
The British Pound may fall if a negative GDP print and minutes from January’s BOE meeting stoke QE added bets. The Euro recovery looks likely to continue. Read More FOREX British Pound Vulnerable But Euro Recovery May Continue
Posted in FX News | Tagged british, but, continue, euro, forex, may, pound, recovery, vulnerable
FXstreet.com (San Francisco) – AUD/JPY lost ground for a second day in a row on Thursday, sliding… For more information, read our latest forex news. Read More Forex AUD JPY may soon breakout BabyPipscom
Posted in FX News | Tagged audjpy, babypipscom, breakout, forex, may, soon
But the board cautioned that significant downside risks remain – particularly from the European debt crisis and the appreciation of yen. "Japan’s economy will face an adverse effect from the slowdown in overseas economies and the appreciation of the … 25 Vote(s) Read More BoJ Minutes Europe May Threaten Japans Recovery
Posted in FX News | Tagged boj, europe, japans, may, minutes, recovery, threaten
The asset-purchase program was maintained at JPY 20 trillion, after boosting it by JPY 5 trillion last month. The BoJ also on Tuesday released the minutes from the unscheduled meeting on November 30, in which the Bank of Canada, the Bank of England, … 24 Vote(s) Read More BoJ Minutes Overseas Economies May Endanger Japans [...]
Posted in FX News | Tagged boj, economies, endanger, japans, may, minutes, overseas, recovery
Eurozone Finance Ministers meeting today and tomorrow in Brussels still appear to be divided over how to increase the EFSF lending capacity, according to leaked reports and officials’ comments. The group was able to approve the release of the next Greek aid package, but this was expected after Greek politicians Read More Eurozone Finance Ministers [...]
Posted in FX News | Tagged disappoint, eurozone, finance, may, meeting, ministers
As expected, EU leaders came up with a sufficiently credible plan to prevent a disorderly default of Greece, recapitalize EU banks, and increase the size of the EFSF in an attempt to quell contagion to other EU sovereign debt. Risk markets responded with a massive rally on what we think Read More EU Summit Relief [...]
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Banks that increase lending to small businesses could be given financial rewards by the Treasury, according to a proposal outlined by the governor of the Bank of England. Read More Treasury may bribe banks to lend to small businesses
Posted in FX News | Tagged banks, bribe, businesses, lend, may, small, to, treasury
The Euro’s fundamental outlook is a mess. There is little doubt that the region is facing far greater losses on the ongoing expansion of its financial crisis; and the ultimate tab for this disaster (in both monetary and confidence means) is still unknown. Read More Euro Crisis Deepening but Currency May Enjoy Further Bounce
Posted in FX News | Tagged bounce, but, crisis, currency, deepening, enjoy, euro, further, may