The euro gained today as stocks and commodities rallied on the speculation that Greek Prime Minister George Papandreou will win a confidence vote in the parliament.(…)Read the rest of Papandreou May Win Confidence Vote, Euro Rises (96 words) Posted on Forex News. Read More Papandreou May Win Confidence Vote, Euro Rises
Posted in FX News | Tagged confidence, euro, may, papandreou, rises, vote, win
Striking Chinese truck drivers have won concessions in their battle against rising costs that threatened to disrupt Shanghai, the world’s biggest port. Read More China strikers win concessions, as ugly protests underline inflation fears
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President Barack Obama has unveiled a $50 billion plan to expand and renew roads, railways and airports in a late bid to boost confidence in the economy and prevent the Democratic Party from suffering a landslide defeat in forthcoming polls. Read More Obama unveils 50 billion roads, rail and air plan to win votes
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Crude oil is holding onto this week’s solid gains ahead of Friday’s U.S. nonfarm payrolls numbers. The commodity remains close the top of an 11-month range. Gold’s win streak finally ended on Thursday, but the metal has been strong this week. Read More Crude Oil Uptrend Intact, Gold Win Streak Ends
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Petroleum inventories in the U.S. are now at 10-year highs, while gasoline and distillate inventories are at record seasonal levels. Nevertheless, crude oil continues to hold firm on optimism regarding emerging market growth and the consequent impact on oil demand. Gold tested $1200, but backed down. Read More Crude Oil Holdings Steady Despite Elevated Inventories, [...]
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The European Union’s executive has praised Britain’s tough austerity measures, outlined by the Government to reduce the ?155bn deficit. Read More Britains austerity plans win praise from the EU
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FXstreet.com (Barcelona) ? The Australian index is up barely 0.1% in early trade, softly positive… For more information, read our latest forex news. Read More SdanP ASX 200 to keep up win streak
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