A relief rally in global stock markets has faded after Italian government debt edged closer to danger levels, China balked at rescue aid, and doubts over the eurozone bail-out plan resurfaced. Read More Debt crisis as it happened October 31, 2011
Posted in FX News | Tagged 2011, 31, as, crisis, debt, happened, it, october
We start the week with some interesting events such as Chicago PMI in the US and GDP in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Chicago Purchasing Managers’ Index (PMI); monthly managers in 38 Vote(s) Read More Forex Daily Outlook October 31 2011
Posted in FX News | Tagged 2011, 31, daily, forex, october, outlook
In addition, the unemployment rate is expected unchanged at 9.1%. Canada will release the Ivey PMI for the month of October at 14:00 GMT, where the Ivey PMI is expected to ease to 54.5 from the prior estimate of 55.7 back in September. The NZD/USD … 28 Vote(s) Read More Technical and Fundamental Analysis for [...]
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Australia is to publish a report on service sector activity, as well as official data on retail sales. Later in the day, the US is to produce its weekly report on initial jobless claims as well as government data on factory orders. … 30 Vote(s) Read More AUD USD Weekly outlook October 31November 4
Posted in FX News | Tagged 31november, 4, audusd, october, outlook, weekly
Canada is to produce official data on employment change and the unemployment rate, a leading indicator of economic strength. The country is also to produce government data on building permits and a report on manufacturing activity. … 37 Vote(s) Read More USD CAD Weekly outlook October 31November 4
Posted in FX News | Tagged 31november, 4, october, outlook, usdcad, weekly
… by 2.04% to reach 1.4189; other currencies also were traded sharply up against the USD including CAD, and AUD. It seems that the effect of the sharp gains in the "risk currencies" (ie AUD, Euro and CAD) was strong in helping push gold and silver up. 26 Vote(s) Read More Gold danamp Silver Prices [...]
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Commodity prices for October 26th 2011. 30 Vote(s) Read More Commodity Prices October 26th 2011
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Eurozone finance ministers’ meeting cancelled tomorrow and Chancellor Merkel says Germany doesn’t want ECB to buy bonds, sending markets lower ahead of summit. Read More Debt crisis as it happened October 25, 2011
Posted in FX News | Tagged 2011, 25, as, crisis, debt, happened, it, october
All the latest and must-have information around the key business and economic issues of the day. Read More City Desk Morning Briefing Wednesday October 26, 2011
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The US is to publish preliminary data on third quarter gross domestic product, the broadest measure of economic activity and the primary gauge of the economy’s health, as well as the GDP price index, the broadest measure of inflation. … 29 Vote(s) Read More NZD USD Weekly Outlook October 2428
Posted in FX News | Tagged 2428, nzdusd, october, outlook, weekly