On January 13, Andrew Tan-led Empire East Land Holdings, Inc. (ELI), a property firm that was spun off from Megaworld Corporation (MEG) in 1994 since...
Empire East Land Holdings (ELI), Breaking Ground
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Forex daily analysis 15-10-2010
USD/CAD Daily graph: http://www.real-forex.com/charts-daily/151010/CAD_DAILY_151010.JPG One-Hour...
Cross plays still the dominant factor
Same as yesterday morning, GBP and AUD higher with the USD, EUR and JPY lagging. I have important Fibo support in the EUR/GBP at .8490 which is holding thus far but a break should see a swift test of .8200/50. Both AUD/USD and cable are headed for re-tests of last weeks highs at .8260 and 1.6660...
A small heads-up on Thursday’s Retail sales report
The last two Retail Sales reports out of the US have surprised to the downside and there is reason to believe that Thursday’s report for May will be even more of a wild card than normal. This is because Wal-Mart, by far the largest retailer in the US, has stopped providing monthly sales...
Forex: Australia's Trade Deficit Widens In September
Thursday, the Australian Bureau of Statistics announced that Australia's trade deficit widened less than expected in September, with both imports and exports on the rise. Nevertheless, September marked the fifth successive month in which Australia has posted a trade deficit. The trade deficit rose...
Chinese President in Russia for BRIC meeting
President Hu Jintao is in Russia for meetings with Brazil, India and Russia. We can expect to see and hear more of the same confirmation that the USD is still the accepted global reserve currency but that some diversification is needed in coming...