Posts Tagged ‘Outlook’
Recap of the Latest Global News
By Cory Vi & Andrew Su on Feb 1, 2012
Yet again markets were gripped by ‘europhoria’ surrounding the latest EU summit and more announcements surrounding plans to save Europe. European Union leaders meeting in Brussels have agreed on a fiscal treaty that will allow for action against high deficit states [...]
Recap of the Latest Global News
By Cory Vi & Andrew Su on Feb 1, 2012
Yet again markets were gripped by ‘europhoria’ surrounding the latest EU summit and more announcements surrounding plans to save Europe. European Union leaders meeting in Brussels have agreed on a fiscal treaty that will allow for action against high deficit states [...]
Recap of the Latest Global News
By Cory Vi & Andrew Su on Feb 2, 2012
Yesterday, manufacturing strength around the globe from prompted a rally in the markets as investor focus was diverted from the European debt focus. Manufacturing data in the US grew at the fastest rate in seven months while manufacturing in the United [...]
AUD/USD moved up, as mentioned during the last weekend and quoted above, and went as high as 1.0688 i.e. little below the mentioned 1.0720. The currency pair found some resistance there and took a correction towards 1.0592 but jumped up again to close for the week at 1.0667.
AUDUSD is approaching a resistance zone and there [...]
Recap of the Latest Global News
After the U.S. Dollar sold off across the board late in North American trading yesterday, it appeared that some relief was on the horizon, with the Greenback clawing back in early Asian trading on Thursday. This was merely a short-term correction, and by the time European markets opened up, the [...]
Recap of the Latest Global News
By Cory Vi & Andrew Su on Jan 27, 2012
In a week that the Federal Reserve announced it would keep interest rates low through till at least 2014 and Bernanke said that policymakers are considering further bond purchases to boost growth, markets continued to celebrate as it appears that more [...]
Recap of the Latest Global News
By Cory Vi & Andrew Su on Jan 23, 2012
After rising to almost 1.3000 during the Asian session on Friday, it was one way traffic for the EUR in Asian trade. The common currency failed to hold onto gains despite the Institute of International Finance, the lobby group representing creditors [...]
Recap of the Latest Global News
By Cory Vi & Andrew Su on Jan 19, 2012
The markets remained positive despite the World Bank cutting its global growth forecast by the most in three years. It forecasted that global growth would slow to 2.5% in 2012, down from an estimate of 3.6% in June. The Bank said [...]
Recap of the Latest Global News
By Cory Vi & Andrew Su on Jan 20, 2012
Markets were upbeat yesterday as more European bond auctions saw bond yields decline. Spain sold EUR 6.61 billion of 2016, 2019 and 2022 maturing bonds against a target of EUR 4.5 billion while France sold 2014 notes at a yield of [...]
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