The past week in monetary policy featured decisions from 8 central banks around the world from Europe to Africa. Those that changed interest...
Monetary Policy Week in Review – 24 Dec 2011
Source: feedproxy.google.com
Read more...
EUR/USD dips below Thursday’s low but no follow-through
EUR/USD is recovering from a dip to the high 1.3930s, just low enough to trigger stops perched below the lows posted after yesterday’s jobless claims and retail sales data. Having shaken out more longs, what’s a market to do> rebound, of course! Now we’re back up to 1.3970,...
China May Industrial Output +8.9%, Retail Sales on year +15.2%
As Leaked to the press the other day, China’s May Industrial Output came in at +8.9%. Forecast was +7.5%. The data provides further confirmation that the governments spending and partial recovery in exports are proving supportive for manufacturers. Retail Sales +15.2% yr/yr. Market...
Speculation over early Tarp repayment boosting risk sentiment
It is always interesting to see which story grabs the markets attention in early New York trading and with the market in recent weeks in optimistic mode, maybe it should come as no surprise that the news that the US Treasury is hoping that ten banks can repay their Tarp funds early, is adding to...
Gap Reports Better Than Anticipated Preliminary Results
Gap (NYSE:GPS) reported preliminary Q4 EPS of $0.41 – $0.42, beating estimates of $0.35 per share. Revenues in the quarter came in at...
FOREX-Dlr falls ahead of next Treasury auction hurdle
TOKYO, June 11 - The dollar fell against a basket of currencies on Thursday, paring some gains made after the benchmark US. Treasury yield hit its highest ... See all stories on this...