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May 28, 12 •
6643 Views •
Market Commentaries •
admin
1 Comment
Rumors are that the ECB is going to step in an assist the Spanish Banks. Greece is considering replacing the euro and Europe cannot decide between austerity and growth on the back of a stimulus injection. There are many casualties in this European confusion,...
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May 25, 12 •
8260 Views •
Between the lines •
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Comments Off on Today's View Of The EUR/GBP
Yesterday, trading in the EUR/GBP pair was confined to a very tight sideways trading range in the low 0.8000 area. This relative calm occurred even as there were quite some headlines both from EU and the UK. The euro was under slight pressure at the start of...
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May 25, 12 •
3372 Views •
Market Commentaries •
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Comments Off on EU Summits And Mini Summits
EU summits or the new mini-summits are occurring much more frequently since the euro zone crisis developed, as its finance ministers and leaders struggle to manage rapidly moving events, including those on financial markets. At times it appears the ministers...
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May 24, 12 •
3674 Views •
Forex Precious Metals, Forex Trading Articles •
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Comments Off on Gold Continues To Tarnish
Gold has dropped for a third day as worries about the fallout from a potential Greek exit of the euro zone pushed investors to pile into the US dollar. With little action announced from the EU Summit in Brussels yesterday, investor’s worries continue to...
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May 24, 12 •
5508 Views •
Market Commentaries •
admin
Comments Off on Crude Oil During The Asian Session
During the early Asian session, crude oil futures prices are trading above $90.45/bbl with a gain of more than 40 cents on the Globex electronic platform. This may be a slight pull back on expectation of China will accelerate efforts to spur growth after the...
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May 23, 12 •
7758 Views •
Market Commentaries •
admin
1 Comment
The leaders of the 27 countries that make up the European Union are to meet in Brussels Wednesday to try and find a way to keep the debt crisis in Europe from spiralling out of control and promote jobs and growth. The original meeting was supposed to be...
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May 18, 12 •
4016 Views •
Market Commentaries •
admin
4 Comments
A Little Of This And A Little Of That From Financial Markets Around The Globe Commodities and equities took a breather and were seen recuperating from the recent slump though persistent worries over euro zone debt crisis and political uncertainty in Greece...
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May 14, 12 •
7566 Views •
Market Commentaries •
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Comments Off on Economic Calendar Events And Bond Auctions May 14 2012
Today, the economic calendar is rather thin with only the euro zone industrial production data and final figure of Italian CPI inflation. Euro area Finance Ministers meet in Brussels and Spain (12/18 month T-Bills), Germany (Bubills) and Italy (BTPs) will tap...
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May 10, 12 •
3884 Views •
Market Commentaries •
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Comments Off on A Close Look At The Eurozone
Today, there are again few important eco data on the calendar in Europe. In the US, the import prices, the March trade data and the jobless claims will be published. The jobless claims have most market moving potential. A better figure might be slightly...
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May 3, 12 •
7638 Views •
Between the lines •
admin
Comments Off on Where Did All The Jobs Go?
In a market surprise this morning, the little country of New Zealand was shocked by a report showing that kiwi unemployment skyrocketed. New Zealand’s unemployment rate unexpectedly rose to 6.7 per cent in the first quarter after the labour force...