Production data boost stocks

Source: www.ft.com

Risk assets are firmer on better than expected manufacturing data from China, Germany, the UK and US, but concerns about America resurface


Read more...

  • EUR/USD Moves Higher Despite Weak French Industrial Production

    By Fast Brokers - The EUR/USD is rebounding past 1.40 despite weaker than expected industrial production numbers from both Germany and France...

  • France’s Lagarde says hopes Geithner’s message on strong dollar will be heard

    French Finance Miinster Christine Lagarde says she hopes US Treasury Secretary Geithner’s message on strong dollar will be heard. She says everybody needs a strong dollar!!! Speak for yourself love, I’d like cable up around $2 so I can go do some very cheap Christmas shopping in New...

  • Fed’s Yellen: Unconventional Fed policies bring unintended risks

    San Francisco Fed president Janet Yellen says that the recent rise in Treasury yields is disconcerting if they reflect inflation fears. She also says monetary policy can play a role in popping asset bubbles. Yellen is usually thought of a an inflation dove but today she sounds relatively middle of...

  • Daily Forex Prediction for June 15, 2009 (update 09:58am GMT+7) by ...

    Daily Forex Prediction for June 15, 2009 (update 09:58am GMT+7) by … Forex Factory EUR/USD After it is go up to around 1.4050, It is more likely to go down to around 1.3900 , and after that, it have a potential to go up to around 1.41. ... Forex Trading Revealed - Forex... -...

  • Bearish momentum gaining in JPY crosses

    What had started out as a very quiet day has turned into a bit of a rout on the JPY crosses. EUR/JPY is trading on its lows at 135.70 and dealers report lots of longs liquidating their positions. It seems there is no major news out to drive this but many see the IMF statement on Euro-zone banks as...