US DRUGS giant Pfizer has posted a bumper set of financial results, bolstered by its mammoth 2009 acquisition of rival Wyeth. ...See all stories on this topic »
Pfizer results pop after $68bn Wyeth buyout and forex benefits boost profits
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Order Books
A quick chat with some of the local dealers shows that there are not too many orders close to the market this morning; Heavy buying interest in USD/JPY at 97.25/50 EUR/USD buy orders at 1.3800/10 and sell orders 1.4040/65 A lot of weaker trailing stops were taken out below .7875 in the AUD/USD in...
WORLD FOREX:Yen At Multi-Wk Highs Vs Euro,Dlr; Weak Stk Mkts
Overall sentiment in the currency markets "has soured because of falls in stock markets," said Masanobu Ishikawa, a foreign-exchange manager at Tokyo Forex ... See all stories on this...
European Central Bank Holds Refinancing Rate at 1.50%
The European Central Bank (ECB) maintained the Main refinancing operations rate unchanged at 1.50%, the Marginal lending facility...
Canadian Unemployment numbers disappoint
Canadian Payroll data came in worse than expected at -41.8 k worse than the forecast of -33k. The Unemployment rate was also higher than expectations at 8.4%, the highest level in 11 years, rather than the 8.2% forecast.Usd/Cad bounced sharply on the news moving up to 1.1035 from 1.1010 before the...
Is the Global Economy Heading for Another “Lost Decade?”
Is the Global Economy Heading for Another “Lost Decade?” by Ryan Fitzwater, Investment U Research Wednesday, November 16, 2011...