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Dollar fall against the Euro as Optimism Increases over Greece Deal
By TraderVox.com The dollar has declined against the Euro today as reports of positive signs of US economy hit the market. The declining dollar...
Merkel’s inflationary fretting may wake the bears from hibernation
It is lonely in the diminishing camp of bears, says Ambrose Evans-Pritchard. I must admit I almost always find AEP’s articles...
Japanese data disappoints
Manufacturer’s forecast orders will fall by over 5% in the second quarter, against expectations of a 0.5% rise by most analysts. This suggests that the Japanese manufacturing downturn is ongoing. The corporate goods price index fell by 5.4% against expected...
Brown to hold a press conference at 15:30 GMT
Beleagured Gordon Brown is set to hold a press conference in just under an hour. He is more likely to annouce a cabinet reshuffle than his resignation. Darling is set to retain his post, much to the market’s delight (tongue firmly in...
Consumer Price Index Rises
The consumer price index rose 0.4% last month while the core inflation, which removes the costs of food and energy and is a more favored reading...