The Shanghai Composite Index CN:000001 +0.01% lost 0.9%, while Japan’s Nikkei Stock Average JP:100000018 -0.78% dropped 0.8% and South Korea’s Kospi KR:SEU -0.47% fell 0.5%.
Asia stocks mostly fall, but Hong Kong rises
The Shanghai Composite Index CN:000001 +0.01% lost 0.9%, while Japan’s Nikkei Stock Average JP:100000018 -0.78% dropped 0.8% and South Korea’s Kospi KR:SEU -0.47% fell 0.5%.
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EUR Relief Rally without Teeth
Today brings forth some modest bounces in all asset classes. It can so, only because of the depth of shellacking they have experienced of late. All just in time and ahead of reports on American consumer confidence and home sales later this morning. Market sentiment has been turning on a dime and will be continued to be dictated to by euro-zone news, economic data points and US corpo
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The Foreign-Exchange Traders' Lament
So said one veteran trader of the foreign-exchange markets, a statement that is no doubt echoed by many others who are frustrated with the lack of trending activity in the foreign-currency markets recently.
More and more, those who are paid to play–seasoned veteran institutional foreign-exchange traders–are becoming disenchanted with
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Dollar edges back against rivals
The ICE dollar index /quotes/zigman/1652083 DXY -0.18% , which measures the greenback against a basket of six other currencies, traded at 79.346, down from 79.406 in late North American trading Monday.
“The main event this we
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UBS - News Display Media Switzerland
forexsq.com - The UBS consumption indicator rose dramatically in March, lying at 1.22 points. The brightening of business activity in the retail sector and the record-high number of new car registrations are the main factors behind the increase. Despite the strong franc, the first few months of this year also saw a year-on-year rise in Swiss residents' overnight stays in hotels in Switzerland. No
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Yen Gains Versus Peers on Political Turmoil; Aussie Drops
Japan’s currency rose against the dollar and euro before Dutch Prime Minister Mark Rutte is set to speak in parliament today, less than 24 hours after tendering his Cabine
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Yen Strengthens as French Election Damps Demand for Risk
Australia’s currency slid after data showed the nation’s producer prices unexpectedly fell last quarter, adding to expectations the Reserve Bank will cut interest rate
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China manufacturing shrinks at slower pace: HSBC
HSBC’s preliminary “flash” Purchasing Managers’ Index rose to a two-month high of 49.1, compared with a final reading of 48.3 in March
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Oil futures slip in electronic trading
Oil for June delivery CLM2 -0.46% edged down 13 cents at $103.75 a barrel in electronic trading.
Crude for delivery in May rose 78 cents, or 0.8%, to $103.05 a barrel on the New York Mercantile Exchange before expiring on Friday.
Monday’s weakness for oil came as
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EUR Bears Have Momentum?
Now that the political posturing and gesturing and G20 promises have been completed, Capital markets again can trade with that lack of conviction and air of uncertainty. Already this month, one month implied volatility for the EUR market has fallen to “extreme lows relative to one year implied volatility”, suggesting that the markets trades complacent, particularly in the event o
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What next for the euro if France rejects austerity?
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Learn forex simple forex book
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Producer Price Indexes of Australia for Mar 2012
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IMF encourages Europe's economic suicide
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Apple IPhone 5 May Debut in October, Analyst Munster Says
In a note today, Munster wrote that October is more probable after chipmaker Qualcomm Inc. (QCOM) announ
