The Wall Street Journal is reporting that Google (NASDAQ:GOOG) intends to hire more engineers, sales staff and product managers in China and intends...
Google Looks To Expand Chinese Presence
Source: feedproxy.google.com
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Dukascopy Afternoon Forex Overview - Oct 1 2009
Previous session overview The dollar is stronger in early Thursday trading, as concerns over a global economic recovery continue to reduce risk appetite. Modest gains in U.S. personal income and spending were offset by a worse-than-expected weekly jobless report, leading the euro to hit an intraday...
Belgian Central Bank issues negative forecasts
Obviously all is not well in the state of Belgium. The Belgian central bank has; cut the GDP growth forecast for 2009 to -3.5% from -1.9%, which would be the worst on record sees a 2009 budget deficit of 5.5% of GDP sees a short period of negative inflation this year and has lowered the annual...
New low posted in EUR/USD but no follow through
The low this morning has been around 1.3925 in the EUR/USD but buying interest seems to be strong at this level and the market has immediately popped back towards it’s opening level around 1.3955. The rally in the USD on Friday night came on the back of improved jobs data. This was further...
Oh no! Another Canadian election?
I doubt it. Canadian voters have been to the polls more than the Italians in recent years and have very little appetite for a return trip. Nonetheless, the Liberals are threathening to bring down the Tories unless they relent to demands for amended jobless benefits. Just one more layer of risk,...
Risk aversion dominates the morning session
EUR/JPY has fallen almost 100 pips from it’s NY closing level as events in Iran and North Korea remind the market that we are really only one big event away from a significant hiccup in the worldwide economic recovery. Risk aversion has been the name of the game, with both the JPY and CHF...