Are these job losses the starting point of second round recession? http://sg.news.yahoo.com/afp/20090913/tts-germany-us-auto-company-takeover-gm-972e412.html
Job Losses in EU
Source: www.forexlive.com
- Tags:
- All
Read more...
Lloyds banking group axes further 2,100 jobs
It seems not a day goes by without us hearing more bad news on the UK jobs front. Today is no...
Japanese current account surplus -54.5% YoY
The expectation for the April c/a was for -39% but as usual these figures have had little or no effect on the FX market, at least in the short term. When the market steps back and analyses data such as this, it will think twice about buying JPY in the current environment. If the only reason to be...
Not happy, Rio!
This article from the English version of the Xinhua newspaper shows just how upset the Chinese are at Rio pulling out of it’s agreed deal. Trust, once lost, is very difficult to regain and there may be wider repercussions for the Australian mining...
Volatility: So Old It’s New Again
By The Sizemore Letter Writing for the New York Times, Louise Story and Graham Bowley note that large market swings are becoming a lot more...
Crude Oil Soars As the USD Weakens
Many analysts yesterday had anticipated a slight decline in the price of Crude Oil considering the recent strength in the USD brought on by last week’s employment data. However, oil prices surprised many traders today as the price continued to climb above $70 a barrel to hit a 7-month high!...