Risk assets are firmer on better than expected manufacturing data from China, Germany, the UK and US, but concerns about America resurface
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Production data boost stocks
February 1 2012, 11:32pm | Comments »
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Fed’s Near-Zero Interest Rate Policy a Failure?
The world’s largest central banks continue to follow a low interest rate policy first implemented to deal with the 2008 recession. The argument...
February 1 2012, 11:30pm | Comments »
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Forex Flash: AUD and SEK rally on global growth - Wells Fargo
FXstreet.com (Barcelona) - The manufacturing PMI Index is now in expansionary territory in China, India, UK, Germany and South Africa, which released data is feeding today's risk sentiment. The US ISM manufacturing data has been published just now, ...See all stories on this topic »
February 1 2012, 9:48pm | Comments »
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EUR/USD Higher on Eurozone PMI
EUR/USD erased its previous losses today as eurozone manufacturing PMI advanced this month (event A on the chart), suggesting that the situation in Europe isn’t as bad as was thought. US economic data today again was worse than expected, except for the robust growth construction spending. ADP employment report showed …
February 1 2012, 8:57pm | Comments »
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Wednesday Sector Laggards: Oil & Gas Exploration & Production, Shipping Stocks
In trading on Wednesday, oil & gas exploration & production shares were relative laggards, down on the day by about 0.2%. Helping drag down...
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February 1 2012, 8:45pm | Comments »
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Forex - USD/CAD at 3-month low on stronger market sentiment By ...
Forex - USD/CAD at 3-month low on stronger market sentiment.Forex Pros RSS News Feed | Forex News
February 1 2012, 8:29pm | Comments »
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Forex Trading: GBPUSD Consolidates, Then Surges To Highest ...
The GBPUSD has been contained on the topside over the last 2 to 2 1/2 months of trading. Yesterday a play was made to extend higher but failed. Today, the move has pushed above the 1.5778 level after consolidating in a narrow range for ...DailyMarkets.com
February 1 2012, 8:28pm | Comments »
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Eurozone Debt Crisis Infographic
The recent downgrade to sovereign credit ratings for several of the Eurozone countries is just the latest challenge to befall the 17-member group of...
February 1 2012, 7:55pm | Comments »
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Bank of Uganda Cuts Interest Rate 100bps to 22.00%
The Bank of Uganda cut its new monetary policy interest rate (the central bank rate [CBR]) 100 basis points to 22.00% from 23.00%...
February 1 2012, 7:24pm | Comments »
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Central Bank of The Gambia Cut Rate 100bps to 13.00%
The Central Bank of The Gambia cut its rediscount rate by 100 basis points to 13.00% from 14.00% previously, and left the reserve...
February 1 2012, 7:06pm | Comments »
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Political progress boosts Egypt bourse
Stock exchange index rises 28 per cent during peaceful month that saw elections completed and assembly convene for first time
February 1 2012, 6:50pm | Comments »
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Are Dividend Stocks Overvalued?
What we saw at the end of 2011 was an environment where an investor’s sound strategy began to win out over the masses… Market players began to...
February 1 2012, 6:47pm | Comments »
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Antipodean’s Ferguson Says Euro May Reach Dollar Parity
Feb. 1 (Bloomberg) — Craig Ferguson, a currency hedge fund manager at Antipodean Capital Management in Melbourne, talks about Europe’s...
February 1 2012, 6:46pm | Comments »
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Forex Flash: EUR/USD is at an unsustainable rally - UBS
FXstreet.com (Barcelona) - UBS analysts believe that despite the Greek PSI deal, Fed's dovishness and the ECB's LTRO that is picking up the peripheral debt markets, a sustainable EUR/USD rally is only possible with improving Eurozone economic data, ...See all stories on this topic »
February 1 2012, 6:35pm | Comments »
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Soros Skips Donation to Obama’s Super-PAC
Feb. 1 (Bloomberg) — George Soros, the billionaire investor who bankrolled Democratic groups during George W. Bush’s presidency, has decided...
February 1 2012, 5:45pm | Comments »
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WORLD FOREX: Market On Intervention Watch As Yen Stays Strong
"Intervention may become likely below Y76.00, considering past records and warnings issued by finance minister (Jun) Azumi," said Kengo Suzuki, forex strategist at Mizuho Securities in Tokyo, citing Azumi's past description of the dollar's plunge below ...See all stories on this topic »
February 1 2012, 4:55pm | Comments »
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Greek Optimism Lifts European Markets
European shares rose on Wednesday, helped by a boost to bank stocks from hopes of an agreement in Greek debt swap talks and better-than-expected Chinese manufacturing data. Earnings, which have so far only given mixed results, were another focus, with Infineon rising 5.5 percent, near the top of the leaderboard after the German chipmaker reported [...]
February 1 2012, 4:37pm | Comments »
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How Does the Value of the U.S. Dollar Fit Into the Big Picture for the Economy?
Robert Prechter discusses his views on the credit crisis and the U.S. dollar By Elliott Wave International More credit is denominated in U.S. dollars...
February 1 2012, 4:36pm | Comments »
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Gold, Stocks and the Euro All Gain in “Risk Asset Recovery” as Positive Manufacturing Data “Confirms China’s Soft Landing”
London Gold Market Report from Ben Traynor BullionVault Wednesday 1 February 2012, 08:30 EST THE U.S. DOLLAR cost of buying gold climbed to $1750 an...
February 1 2012, 4:02pm | Comments »
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Euro higher as debt yields fall
Figures showing better than expected manufacturing activity for much of the eurozone in January help add to single currency’s gains
February 1 2012, 2:55pm | Comments »