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Posted by Nicat at Wed 26 January 2011 Time 21:05

Different News Summary And Links From Different Publishers(Update:26/01/2011) | Uncategorized

King says pay squeeze necessary () Tue, 25 Jan 2011 20:45:34 GMT Bank of England Governor Mervyn King says the squeeze on UK take-home pay is necessary, and rising wages will be resisted.
Shock contraction in UK economy () Tue, 25 Jan 2011 20:46:59 GMT The UK's economy suffered a shock contraction of 0.5% in the last three months of 2010, as the severe weather hit activity.
More time for News Corp BSkyB bid () Tue, 25 Jan 2011 17:48:10 GMT The culture secretary says he intends to refer News Corp's bid for BSkyB for review, but gives the firm time to address competition concerns.
Global business confidence soars () Tue, 25 Jan 2011 18:00:34 GMT Business confidence around the world returns to pre-crisis levels, a survey of chief executives suggests.
World leaders struggle for trust () Tue, 25 Jan 2011 17:17:17 GMT Political and business leaders are struggling to rebuild public trust, says a survey published on the eve of the World Economic Forum in Davos.
VW unveils an ultra-efficient car () Tue, 25 Jan 2011 18:23:39 GMT Volkswagen makes a car it says can travel 313 miles on a gallon of diesel and that emits just 24 grammes carbon dioxide per kilometre travelled.
Express 'set to print in Luton' () Tue, 25 Jan 2011 19:00:59 GMT The Daily Express newspaper group is moving its print works out of London to Luton, Luton South MP Gavin Shuker says.
IMF predicts faster global growth () Tue, 25 Jan 2011 11:25:13 GMT International Monetary Fund forecasts that the world economy will grow faster this year than previously expected.
Siemens' profits beat forecasts () Tue, 25 Jan 2011 08:15:37 GMT Siemens' first-quarter profits rise by more than expected, helped by strong demand in fast-growing emerging economies.
Cold weather derails Hornby sales () Tue, 25 Jan 2011 16:32:44 GMT Model maker Hornby, which also owns Scalextric and Airfix, says profits will be below forecasts after cold weather hit Christmas sales.
Staff 'fear' led to false records () Tue, 25 Jan 2011 14:54:54 GMT Hundreds of accidents at Network Rail were never reported because staff felt under pressure to keep numbers down, an inquiry finds.
US house prices 'seeing new lows' () Tue, 25 Jan 2011 16:06:03 GMT House prices in many US cities hit new post-bubble lows in November, according to a widely-followed market survey.
Harley-Davidson reduces losses () Tue, 25 Jan 2011 15:32:49 GMT Motorcycle maker Harley-Davidson cuts losses sharply in the final three months of its financial year.
India raises interest rates again () Tue, 25 Jan 2011 10:12:12 GMT India's central bank raises interest rates to 6.5% to curb inflation, but there are fears that further rate increases are necessary.
Macau tycoon's empire in dispute () Tue, 25 Jan 2011 13:25:17 GMT A row breaks out between ageing billionaire Stanley Ho and his family members over control of his Macau casino empire.
Ericsson reports strong results () Tue, 25 Jan 2011 12:27:26 GMT Telecoms giant Ericsson has posted strong results on the back of consumer demand for smartphones, such as the Apple iPhone.
UK film production 'up in 2010' () Fri, 21 Jan 2011 11:27:50 GMT More than £1 billion was spent making films in the UK during 2010, figures released by the UK Film Council show.
Liverpool opens embassy in London () Fri, 21 Jan 2011 03:46:20 GMT Liverpool is opening an embassy in London to try to attract businesses to the city.
FSA seeks power to ban policies () Tue, 25 Jan 2011 12:38:13 GMT The Financial Services Authority may seek to ban the sale of high risk financial policies to the public.
Heating oil market faces inquiry () Tue, 25 Jan 2011 12:47:52 GMT The market for heating oil and other "off-grid" forms of energy is to be investigated by the Office of Fair Trading.
High Court challenge to PPI rules () Mon, 24 Jan 2011 13:21:11 GMT The Financial Services Authority is being challenged in the High Court over compensation for the mis-selling of payment protection insurance.
Business confidence 'on way up' () Tue, 25 Jan 2011 10:24:57 GMT Confidence in the economy has risen among many firms despite the fall in GDP, the London Chamber of Commerce says.
CBI boss: Coalition lacks vision () Mon, 24 Jan 2011 15:56:52 GMT The outgoing boss of the business body CBI accuses the coalition of failing to explain its vision for economic growth in the UK.
Sure Start maternity grant cuts () Mon, 24 Jan 2011 16:31:28 GMT About 150,000 families will miss out on maternity grants each year due to a cut which is being imposed from today.
Small business loan deal 'stalls' () Mon, 24 Jan 2011 18:48:00 GMT Attempts by the government to reach an agreement with big banks on the amount they lend to small firms suffers a setback, the BBC learns.
Philips down despite profits jump () Mon, 24 Jan 2011 16:58:40 GMT Profits rise by 79% at electronics giant Philips, but its shares fall 6% as its sales growth disappoints markets.
McDonald's profits edge upwards () Mon, 24 Jan 2011 16:56:02 GMT Fast food giant McDonald's reports steady profits for the final quarter of 2010 despite weaker-than-expected Christmas sales.
Top Delhi Games chiefs dismissed () Mon, 24 Jan 2011 12:43:02 GMT The two top officials behind India's Commonwealth Games are sacked with immediate effect, amid a huge fraud inquiry into last October's event.
Olympic stadium decision on hold () Mon, 24 Jan 2011 19:16:16 GMT A decision on the future use of the Olympic stadium, scheduled for Friday, is postponed.
Date set for trial in Lotus row () Mon, 24 Jan 2011 16:11:34 GMT A full court trial to resolve the dispute over the use of the Lotus name in Formula 1 is scheduled for 21 March.
Goth gathering boosts tourism () Tue, 25 Jan 2011 09:07:28 GMT Twice a year the world's Goths assemble in the picture postcard seaport of Whitby, in Yorkshire.
Vince Cable on Telegraph sting () Tue, 25 Jan 2011 09:54:14 GMT Vince Cable says the undercover revelations that led to his being taken off the BSkyB deal is "water under the bridge"
Business basics: What is GDP? () Fri, 23 Jul 2010 09:39:36 GMT BBC Radio 5 live's Declan Curry explains just what GDP stands for and why we should care.
More time for News Corp's BSkyB bid () Tue, 25 Jan 2011 19:28:18 GMT The Culture Secretary, Jeremy Hunt, has said that he intends to refer News Corporation's bid for BSkyB to the Competition Commission.
Osborne: "We won't be blown off course" () Tue, 25 Jan 2011 10:56:28 GMT Official figures show the UK economy unexpectedly shrank by half of one per cent between October and December.
BBC World business headlines () Tue, 30 Nov 2010 12:12:08 GMT The latest international business headlines from BBC World.
UK economy suffers 0.5% contraction () Tue, 25 Jan 2011 19:01:55 GMT Britain's economy shrank in the last three months of 2010 - shocking experts in the city and industry. Latest figures show a contraction of 0.5%, raising new fears about the recovery.
'We were right to reduce deficit' () Tue, 25 Jan 2011 14:29:07 GMT Treasury Minister Justine Greening says the shock contraction of the UK economy shows the government was right to start tackling debt.
Davos 2011: the new power balance () Tue, 25 Jan 2011 00:01:24 GMT The rise of India and China will dominate this year's discussions at the World Economic Forum
Desperately seeking () Tue, 25 Jan 2011 00:01:22 GMT Chinese firms struggle to find UK investment partners
A better world? () Tue, 25 Jan 2011 00:01:19 GMT Can corporations cope with new human rights directive
Asian bling () Mon, 24 Jan 2011 17:58:06 GMT The continent's insatiable thirst for luxury goods
Locked out? () Tue, 25 Jan 2011 06:18:27 GMT Mortgage squeeze hits first time buyers
Davos 2011 () Mon, 24 Jan 2011 09:05:40 GMT The World Economic Forum: the grandest focus group of all?
The bonus question () Mon, 24 Jan 2011 11:14:07 GMT Would bankers get big payouts if Aristotle was the boss?

BBC UK NEWS

Shock contraction in UK economy () Tue, 25 Jan 2011 20:46:59 GMT The UK's economy suffered a shock contraction of 0.5% in the last three months of 2010, as the severe weather hit activity.
Blast kills UK soldier in Helmand () Tue, 25 Jan 2011 17:25:34 GMT A British soldier is killed in an explosion in southern Afghanistan - the 350th UK military death since 2001.
Expenses peer Taylor found guilty () Tue, 25 Jan 2011 17:42:55 GMT Former Tory peer Lord Taylor is found guilty of making £11,277 in false parliamentary expenses claims.
Sky sacks 'offensive' pundit Gray () Tue, 25 Jan 2011 16:27:45 GMT Sky sack football presenter Andy Gray after further allegations of sexist behaviour come to light.
Tributes to fire death children () Tue, 25 Jan 2011 18:52:52 GMT The grandfather of two of the four children killed in a house fire in Derbyshire says they were a "beautiful" boy and girl.
Killing 'was planned on Facebook' () Tue, 25 Jan 2011 17:37:32 GMT A 15-year-old boy was killed in a "merciless" knife attack, planned on Facebook, during rush hour at Victoria station, a court is told.
Major cuts to BBC World Service () Tue, 25 Jan 2011 19:50:58 GMT BBC World Service is to close five of its language services, with the likely loss of up to 650 jobs, it is understood.
MP removes 'gay lesson' comments () Tue, 25 Jan 2011 21:17:47 GMT An MP removes a blog entry in which he criticised a plan to teach children about homosexuality for "imposing questionable sexual standards".
Moscow Briton 'was due to marry' () Tue, 25 Jan 2011 15:40:09 GMT The British victim of the Moscow bombing, Gordon Cousland, was the father of a six-month-old daughter and was due to get married at the end of April.
Christian couple contest gay ban () Tue, 25 Jan 2011 18:07:26 GMT The Christian owners of a Cornwall hotel who unlawfully refused a double room to a gay couple lodge an appeal.
Blair warned about Iraq 'dangers' () Tue, 25 Jan 2011 16:08:07 GMT Tony Blair was warned by the country's top civil servant that he was getting into a "dangerous position" over Iraq in mid- 2002, the Chilcot inquiry hears.
'Sacred rules' block Adams' exit () Tue, 25 Jan 2011 20:00:11 GMT Gerry Adams may have to remain an MP if he does not follow parliamentary rules on resignation, an expert on constitutional law says.
Express 'set to print in Luton' () Tue, 25 Jan 2011 19:00:59 GMT The Daily Express newspaper group is moving its print works out of London to Luton, Luton South MP Gavin Shuker says.
Self-defence plea in murder trial () Tue, 25 Jan 2011 17:16:40 GMT A young man who allegedly stabbed his girlfriend's father denies murder and tells Mold Crown Court it was self-defence.
7/7 victim 'pushed to get on bus' () Tue, 25 Jan 2011 19:09:20 GMT A 7/7 survivor tells the inquests her friend persuaded her to get on the doomed Number 30 bus, only to be killed minutes later in the blast.
'Lack of law' over scooter death () Tue, 25 Jan 2011 16:14:49 GMT A coroner says pedestrians need protection under traffic laws following the death of a woman who was knocked down on a pavement by a mobility scooter.
King's Speech leads Oscars field () Tue, 25 Jan 2011 17:34:34 GMT British movie The King's Speech leads the nominations for this year's Academy Awards with 12 nods, including best film and best actor, for Colin Firth.
Apology for pupil who looked too old () Tue, 25 Jan 2011 10:54:07 GMT A boy who was excluded from school because the head teacher thought he was an adult is back in class after his mother produces his birth certificate.
Homes evacuated in security alert () Tue, 25 Jan 2011 21:05:28 GMT Up to 100 families are forced to leave their homes as the army examines a suspicious object in north Belfast.
Ford warning on £200m PSNI cash () Tue, 25 Jan 2011 18:41:58 GMT The Justice Minister has warned of 'extremely serious consequences' if the police are not given access to £200m of emergency funding to combat the dissident republican threat.
4 in 10 pupils below reading age () Tue, 25 Jan 2011 15:29:30 GMT Schools are urged to concentrate on literacy and numeracy as it emerges that four in 10 pupils have reading skills below their age.
Creative industries' £4.5m boost () Tue, 25 Jan 2011 19:51:07 GMT Creative media industries across west Wales and the valleys are being a given a £4.5m funding boost.
Council staff facing redundancy () Tue, 25 Jan 2011 16:33:49 GMT Up to 900 staff at Aberdeen City Council are facing compulsory redundancy to cut costs, it is revealed.
Lockerbie petition 'remains open' () Tue, 25 Jan 2011 19:10:18 GMT A petition calling for an inquiry into the conviction of the Lockerbie bomber has been kept open.
Passenger admits plane bomb hoax () Tue, 25 Jan 2011 13:50:10 GMT A man pleads guilty to making a bomb hoax following an incident on board an aircraft which was diverted to Stansted Airport.
IPCC probes siege shooting case () Tue, 25 Jan 2011 18:13:47 GMT The Independent Police Complaints Commission appeals for witnesses to a shooting in a Luton park and identifies the man who died.
Bernstein appointed FA chairman () Tue, 25 Jan 2011 17:26:39 GMT Former Manchester City chairman David Bernstein is voted in as the new chairman of the Football Association.
Murray wary of Dolgopolov threat () Tue, 25 Jan 2011 12:08:18 GMT Andy Murray insists he faces a tough challenge to beat the "totally unorthodox" world number 46 Alexandr Dolgopolov and reach the Australian Open semi-finals.
Wenger keen to sign loan defender () Tue, 25 Jan 2011 13:28:04 GMT Arsenal manager Arsene Wenger says signing a defender on loan may be his best option as he looks to cover for the injured Thomas Vermaelen.
Should Christian B&Bs accept gay couples? () Tue, 25 Jan 2011 12:24:43 GMT Whose rights to live as they choose take precedence? Great thinkers have mulled such questions for centuries, says philosopher Mark Vernon.
Are bankers' bonuses ethical? () Mon, 24 Jan 2011 11:14:07 GMT It's bankers' bonus season, including at banks bailed out by taxpayers. Is this fair? What would great thinkers like Aristotle do?
Why is football knowledge measured by the offside rule? () Mon, 24 Jan 2011 15:13:48 GMT The row over remarks made by Sky Sports presenters Richard Keys and Andy Gray about female assistant referee Sian Massey centres on the offside rules. But why is the offside law such a benchmark of football knowledge?
Osborne and Balls clash over GDP () Tue, 25 Jan 2011 15:51:07 GMT Shadow chancellor Ed Balls accuses the government of wrecking Labour's economic recovery - but Chancellor George Osborne insists the government will "not be blown off course".
More time for News Corp BSkyB bid () Tue, 25 Jan 2011 17:48:10 GMT The culture secretary says he intends to refer News Corp's bid for BSkyB for review, but gives the firm time to address competition concerns.
Adams 'remains West Belfast MP' () Tue, 25 Jan 2011 15:36:56 GMT The Office of the Speaker of the House of Commons indicates it still regards Gerry Adams as MP for West Belfast.
Live: European Union Bill () Thu, 02 Dec 2010 13:10:49 GMT Day two of committee stage of the European Union Bill is underway in the House of Commons.
Moscow Briton killed 'was to marry' () Tue, 25 Jan 2011 17:14:40 GMT The British victim of the Moscow bomb attack was due to get married at the end of April and had a six-month-old daughter, it has emerged.
Flash mob celebrates Burns' birthday () Tue, 25 Jan 2011 16:55:34 GMT A flash mob gathers in Edinburgh to celebrate 252 years since Robert Burns was born.
House fire kills four children () Tue, 25 Jan 2011 13:37:33 GMT Four children have died in a house fire at a village in Derbyshire.
Floating home ruled 'not a boat' () Tue, 25 Jan 2011 14:32:54 GMT Owners of a two-storey holiday home built on a barge are told it is not a boat and must be dismantled.
Wigan star cool on weather and women () Tue, 25 Jan 2011 11:41:52 GMT Wigan midfielder Mohamed Diame says he preferred life at his old club Real Madrid. Wigan, he tweeted, is 'dull, cold, girls only look good at night.'
Police crack down on postal scams () Tue, 25 Jan 2011 07:21:36 GMT Scotland Yard detectives are to seize thousands of items of scam mail aimed at people in the UK.
UK economy suffers 0.5% contraction () Tue, 25 Jan 2011 19:01:55 GMT Britain's economy shrank in the last three months of 2010 - shocking experts in the city and industry. Latest figures show a contraction of 0.5%, raising new fears about the recovery.
Can writing letters make you happier? () Tue, 25 Jan 2011 09:31:56 GMT Happiness Movement volunteers first challenge involves writing thank you letters to friends and family.
Desperately seeking () Tue, 25 Jan 2011 00:01:22 GMT Chinese firms struggle to find UK investment partners
Top spin () Tue, 25 Jan 2011 11:32:10 GMT Job spec for a Number 10 media chief
Net test () Tue, 25 Jan 2011 14:59:21 GMT Court case raises questions about how 'net pirates' are pursued
Over-eating? () Tue, 25 Jan 2011 10:13:36 GMT Listen to the brain, not the stomach
Sexism in sport () Mon, 24 Jan 2011 17:28:31 GMT Does the Sky furore reflect on the modern game?
Newspaper review () Tue, 25 Jan 2011 06:01:23 GMT Russia's airport bombing is given widespread coverage

The BUSINESSWEEK

Big TIPS Returns Belie Price Rise () Mon, 24 Jan 2011 13:01:03 EST Treasury Inflation-Protected Securities have paid 17% over 2 years, but with low inflation they may be headed for a fall
BRIC Inflation Imperils Consumer Stocks as Food Rises () Tue, 25 Jan 2011 07:44:06 EST Emerging-market consumer companies are valued at the most expensive levels on record just as surging food and energy costs curb household spending from Sao Paulo to Shanghai.
Obama Expected to Hint Corporate Tax Rate Cut () Tue, 25 Jan 2011 00:22:39 EST Business and Republicans will watch the President's Tuesday address for signs he favors reducing U.S. tax rates for corporations in exchange for tax reforms that might help curb the deficit
Top Global Risks of 2011 () Mon, 24 Jan 2011 11:50:24 EST The annual list of top global geopolitical risks compiled by New York-based consultancy Eurasia Group highlights a changing world order, a dozen dangerous situations, and a few surprises
After the BP Spill, Small Drillers Are Merger Bait () Thu, 20 Jan 2011 17:00:00 EST With operating costs rising in the aftermath of the Gulf disaster, many outfits may find it hard to stay independent
BlackRock’s Fink Says He Never Believed in ‘New Normal’ Economy () Tue, 25 Jan 2011 15:09:44 EST Laurence D. Fink, chief executive officer of BlackRock Inc., said he never thought the U.S. would enter a prolonged phase of below-average economic growth described by Mohamed El-Erian, CEO of Pacific Investment Management Co.
Regions Shares Fall After One-Time Securities Gain () Tue, 25 Jan 2011 14:36:01 EST Regions Financial Corp., the Alabama lender that holds $3.5 billion in government bailout funds, fell as much as 4.5 percent in New York trading after the bank reported earnings that depended on a one-time gain from a securities sale.
Home Prices in U.S. Declined 1.6% From Year Earlier () Tue, 25 Jan 2011 14:31:01 EST Residential real-estate prices dropped in November by the most in a year, signaling housing has yet to join the U.S. rebound.
Half of Wall Street Was Satisfied With 2010 Bonuses () Tue, 25 Jan 2011 14:24:06 EST Half of Wall Street finance professionals in a survey were satisfied with their bonuses for 2010 performance, eFinancialCareers.com found.
Browder on Russian Corruption () Tue, 25 Jan 2011 11:48:51 EST Jan 25. (Bloomberg) -- William Browder, chief executive officer of Hermitage Capital Management, discusses the his investments and corruption in Russia. He also speaks about the arrest and death of Sergei Magnitsky, a 37-year-old attorney who advised Hermitage. (Source: Bloomberg)
Muni Bond Outlook () Tue, 25 Jan 2011 10:10:46 EST Jan. 25 (Bloomberg) -- Pippa Malmgren, president of Canonbury Group, talks about the outlook for the U.S. municipal defaults and corporate foreign-exchange losses.
Shanghai Pushing Gold to $1,600 Thwarts Fight to Shut Mines () Tue, 25 Jan 2011 09:33:19 EST China's hunger for gold will both help drive the price of the metal higher, and at the same time undermine the country's goal of gaining control of its Wild West mining industry
Muni Bond Outlook () Tue, 25 Jan 2011 07:05:15 EST Jan. 25 (Bloomberg) -- Pippa Malmgren, president of Canonbury Group, talks about the outlook for the U.S. municipal defaults and corporate foreign-exchange losses.
Burned Out Execs Seek Relief () Tue, 25 Jan 2011 03:50:54 EST Jan. 25 (Bloomberg) -- Bloomberg's Tim Chilcott reports on a clinic near Davos, Switzerland, where burned out executives can seek refuge from stresses wrought by overwork and exhaustion. (Source: Bloomberg)
Google's Schmidt and Regulation () Mon, 24 Jan 2011 09:58:14 EST Jan. 24 (Bloomberg) -- Heath Terry, an analyst at Canaccord Genuity, talks about Google Inc.'s management changes and regulatory issues. (Source: Bloomberg)

The Wall Street Journal

Dow Pulls Back From 12000 () Tue, 25 Jan 2011 16:22:23 EST Stocks ended mixed after a blitz of blue-chip earnings disappointed investors, who moved cautiously ahead of marquee political and economic events. The Dow industrials shed most of its losses for the day in late trade, closing down 0.03%, at 11977.1.
Merrill Settles SEC Trading Charges () Tue, 25 Jan 2011 16:14:58 EST Bank of America's Merrill Lynch agreed to pay a $10 million penalty to settle SEC charges that alleged the brokerage misused customer order information and charged undisclosed trading fees.
BlackRock Clients Starting to 'Re-Risk' () Tue, 25 Jan 2011 12:13:55 EST Money-management giant BlackRock's fourth-quarter profit more than doubled as revenue surged, helping results beat estimates.
Commodities Fall on U.K. Woes () Tue, 25 Jan 2011 15:00:42 EST Commodities staged a broad retreat, taking a cue from currency-market response to the U.K. economy's surprise contraction.
Treasurys Rise on Talk of Spending Freeze () Tue, 25 Jan 2011 16:08:35 EST Treasurys rose amid talk that President Barack Obama could push for a spending freeze when he addresses the nation in his State of the Union speech.
Gold Slips to 3-Month Low () Tue, 25 Jan 2011 15:06:02 EST Gold futures fell to a three-month low as the dollar rose and the metal's status as a refuge continued to dim.
Strong Demand for EFSF Bond () Tue, 25 Jan 2011 14:49:57 EST International investors poured into the first bond issued to fund a new European Union facility to save euro-zone governments from default, underscoring confidence in the EU's efforts to safeguard the euro.
Pound Skids on GDP Data () Tue, 25 Jan 2011 13:59:08 EST The pound dropped to an 11-week low against the euro after the U.K. economy registered an unexpected decline.
FASB Backs Off 'Mark to Market' Push () Tue, 25 Jan 2011 12:19:39 EST Accounting rule makers took a key step Tuesday to reverse a proposal that would have required banks to value their loans based on the ups and downs of the market.
U.S. Posts Record Sale of Soybeans () Tue, 25 Jan 2011 13:37:03 EST The U.S. government has reported the largest single-day export sale of U.S. soybeans following a visit last week by a Chinese trade delegation.
Nielsen's Post-IPO Challenge: Preserving Ratings Monopoly () Tue, 25 Jan 2011 13:58:36 EST Investors buying shares of Nielsen Holdings in its initial public offering, expected to be priced Tuesday night, will be betting that the company can hold on to its position as the arbiter of audience measurement for media in the digital age.
Cotton Is Pulled to Another High () Tue, 25 Jan 2011 14:26:40 EST Floods in Australia have stoked fears that the country's farmers will be unable to meet their contract obligations.
Steelmakers Struggle With Costs, Lukewarm Demand () Tue, 25 Jan 2011 15:54:09 EST Major U.S. steelmakers said a stubbornly slow economic recovery was behind their larger-than-expected quarterly losses as soaring raw material and labor costs, coupled with lukewarm demand, offset the positive impact of recently rising prices.
Japan Stocks Weather Yen's Rise () Tue, 25 Jan 2011 11:49:49 EST Often a laggard versus its peers, Japan's stock market has defied both a softening domestic economy and a rising yen to post strong gains over the past three months.

Ivory Coast Cocoa Ban Boosts Prices () Tue, 25 Jan 2011 03:12:22 EST Cocoa futures soared to one-year peaks after the Ivory Coast's internationally recognized leader placed a month-long ban on cocoa exports.
Emerging Nations Tackle Food Costs () Tue, 25 Jan 2011 15:14:28 EST Developing nations are taking increasingly aggressive actions to beat back rising food prices as they grow more worried of threats to stability if prices don't retreat.
Santander's Succession Problems () Tue, 25 Jan 2011 10:48:53 EST A court ruling that could ban Banco Santander's chief executive from the banking industry has raised questions about the succession strategy at the Spanish lender.
U.K. Growth Data Weigh on European Stocks () Tue, 25 Jan 2011 12:30:37 EST European stocks dropped after data showing a surprise decline in the British economy soured sentiment. Investors gave a frosty welcome to Spain's plan to strengthen its banking sector.
Yen Drives Japan Export Stocks () Mon, 24 Jan 2011 23:54:37 EST Japanese stocks rose on a positive sales outlook from Honda and the euro's appreciation against the yen, while metals stocks led the Chinese market lower.

Stanley Ho's Assets 'Hijacked': Lawyer () Tue, 25 Jan 2011 16:12:59 EST Succession plans for Macau gambling tycoon Stanley Ho were thrown into question Tuesday when lawyers claiming to represent the ailing billionaire said Mr. Ho's main assets had been distributed among some his family members without his consent.
China Experts Dispute Stealth Claims () Tue, 25 Jan 2011 14:56:20 EST Chinese military experts rejected the idea that China obtained secret U.S. technology to develop its new stealth fighter, saying it relied on homegrown innovation.
India, Indonesia Deals Exemplify New Trend () Tue, 25 Jan 2011 16:06:45 EST Indonesia and India signed $15 billion worth of investment pacts with Indian firms in a sign of how fast-expanding ties between emerging nations are reshaping the global economy.
India Central Bank Raises Key Rates () Tue, 25 Jan 2011 12:31:23 EST India's central bank raised its key interest rates by a quarter-percentage point each to slow spiraling inflation, complementing government efforts to boost supplies of key food grains.
Garuda Indonesia IPO Meets With Skepticism () Tue, 25 Jan 2011 15:34:46 EST Garuda Indonesia will cut the value of its IPO roughly in half to $500 million, cutting the size and price amid investor concerns about the state-owned airline.
Japan Stocks Weather Yen's Rise () Tue, 25 Jan 2011 11:49:49 EST Often a laggard versus its peers, Japan's stock market has defied both a softening domestic economy and a rising yen to post strong gains over the past three months.
Study Ranks Hong Kong Homes Most Expensive () Tue, 25 Jan 2011 09:34:18 EST In the third quarter of 2010, Hong Kong's median home price, $331,138 was 11 times higher than the median household income, putting the city last among 325 cities in an affordability survey.
Charges Over Shipwrecked Boat () Tue, 25 Jan 2011 10:38:12 EST Australian police charged three Indonesian men with people-smuggling offenses following the shipwreck of an asylum-seeker boat.
Fallout From Forex Trade Sparks Controversy in Japan () Tue, 25 Jan 2011 11:20:56 EST A move by Japan's financial watchdog to urge the country's major banks to support customers who bought foreign-exchange derivatives has been met with some controversy.
Tencent to Launch Internet Investment Fund () Tue, 25 Jan 2011 08:09:20 EST China's largest Internet company, Tencent Holdings, plans to launch a $759.5 million investment fund to target online game companies and other funds.
Bank of Japan Keeps Money Easy () Tue, 25 Jan 2011 08:47:16 EST The Bank of Japan's policy board decided to keep its easy monetary policy unchanged, voting unanimously at the end of a two-day meeting to leave the unsecured overnight call loan rate in a 0.0% to 0.1% range.
Hindustan Unilever Net Profit Slips 1.7% () Tue, 25 Jan 2011 16:06:24 EST Hindustan Unilever missed market expectations as its net profit for the October-December period slipped 1.7% because of high raw material costs.
Emerging Nations Tackle Food Costs () Tue, 25 Jan 2011 15:14:28 EST Developing nations are taking increasingly aggressive actions to beat back rising food prices as they grow more worried of threats to stability if prices don't retreat.
Karzai to Inaugurate Parliament () Mon, 24 Jan 2011 22:47:58 EST Afghan President Hamid Karzai approved a deal to inaugurate Afghanistan's parliament, ending a four-month standoff with winning candidates that left the country without a legislature to check presidential powers.
Toyota Global Sales Up 8% () Tue, 25 Jan 2011 00:55:15 EST Toyota Motor's group global sales rose by 8% in 2010 but the company barely managed to keep its status as the world's biggest car maker with General Motors narrowing the sales gap.
Tokyo Star Talks May Change Board () Mon, 24 Jan 2011 20:41:23 EST Japanese private-equity fund Advantage Partners is in talks with creditors about giving up board seats at Tokyo Star Bank and control over the eventual sale of the lender.
Commonwealth Games Chairman Fired () Mon, 24 Jan 2011 10:02:21 EST The Indian government fired Commonwealth Games organizing committee chairman Suresh Kalmadi following allegations of corruption.
Kirin to Form Soft-Drink Alliance () Mon, 24 Jan 2011 13:52:57 EST Kirin agreed to form a soft-drink joint venture with one of China's biggest drinks companies.
Huawei Sues to Block Asset Sale () Mon, 24 Jan 2011 20:30:41 EST Huawei has sued to delay the sale of some Motorola technology to Nokia Siemens Networks, claiming it would improperly transfer the Chinese company's intellectual property.
Canada's Crude Draws China's Interest () Mon, 24 Jan 2011 16:08:40 EST Canadian National Railway and some Chinese companies are in talks about possible exports of crude oil produced in Saskatchewan.
Transactions to Lead to Honda Loss () Mon, 24 Jan 2011 19:21:13 EST Honda expects to incur a loss of $181.1 million resulting from recently discovered improper transactions at a trading business subsidiary in Tokyo.
Japan's Kan Calls for Cooperation () Mon, 24 Jan 2011 15:56:31 EST Japanese Prime Minister Naoto Kan called for cooperation as he opened this year's parliamentary session, even as opposition lawmakers look to sharpen their attacks.
Settlement Nears on Hepatitis B Suit () Mon, 24 Jan 2011 13:45:59 EST The Japanese government will soon reach formal agreement to settle a class-action lawsuit involving people who contracted hepatitis B through childhood vaccination, expected to cost up to $39 billion to compensate hundreds of thousands of victims.
SGX Gets Funding for ASX Bid () Mon, 24 Jan 2011 11:01:49 EST Singapore Exchange secured long-term funding worth about US$3.7 billion for its proposed deal to acquire Australia's ASX, reaffirming its intention to complete the transaction this year.
Riversdale Directors Back Rio Tinto Offer () Mon, 24 Jan 2011 09:57:33 EST Rio Tinto's takeover of Riversdale Mining received a boost when a Tata Steel appointee to Riversdale's board recommended the deal along with its other directors.
Standard Chartered to Buy a GE Unit () Mon, 24 Jan 2011 20:40:56 EST Standard Chartered plans to acquire GE Money, a wholly owned unit of GE Capital that provides auto and personal loans in Singapore, for US$662 million to US$701 million.
Australia Floods Weigh on Economy () Tue, 25 Jan 2011 10:37:36 EST Woolworths issued a profit warning and producer prices fell in the fourth quarter, in early signs of how Queensland flooding has affected the broader economy.

J&J's Profit Falls 12% () Tue, 25 Jan 2011 13:54:54 EST Johnson & Johnson's profit fell 12%, hammered by numerous recalls, and issued a 2011 earnings forecast below analysts' expectations.
Google Steps Up Hiring () Tue, 25 Jan 2011 15:44:42 EST Google plans to hire more than 6,000 employees this year as the Web-search giant continues to diversify its business.
Spill Prompts Higher Oil Spending () Tue, 25 Jan 2011 15:41:46 EST Oil companies around the world ramped up drilling in response to rising oil and gas prices, boosting profits for their contractors. That spending surge is likely to continue in 2011 as an improving global economy leads to increased demand for energy.
Stanley Ho's Assets 'Hijacked': Lawyer () Tue, 25 Jan 2011 16:12:59 EST Succession plans for Macau gambling tycoon Stanley Ho were thrown into question Tuesday when lawyers claiming to represent the ailing billionaire said Mr. Ho's main assets had been distributed among some his family members without his consent.
Yahoo Cuts 1% of Staff () Tue, 25 Jan 2011 14:58:12 EST Yahoo said it was cutting another 1% of its global work force, about 135 jobs, in the second round of layoffs at the Internet giant since December. It will report earnings later Tuesday.
Bankers to Lobby Against New Rules () Tue, 25 Jan 2011 13:30:15 EST Bankers are showing up at Davos emboldened by their resurgent profits and eager to mingle with politicians and regulators in the hopes of fending off onerous new restrictions on how they run their businesses and pay their employees.
3M Net Edges Lower () Tue, 25 Jan 2011 13:24:56 EST 3M's profit edged down 0.7%, largely due to weaker sales of some health-care products and optical films used in flat-screen TV sets, but the company raised its earnings forecast.
FDA Approves Allegra Sale Without Prescription () Tue, 25 Jan 2011 14:55:30 EST The U.S. FDA gave approval for Sanofi-Aventis to sell its Allegra allergy treatment without a prescription.
Steelmakers Struggle With Costs, Lukewarm Demand () Tue, 25 Jan 2011 15:54:09 EST Major U.S. steelmakers said a stubbornly slow economic recovery was behind their larger-than-expected quarterly losses as soaring raw material and labor costs, coupled with lukewarm demand, offset the positive impact of recently rising prices.
Peabody Profit More Than Doubles () Tue, 25 Jan 2011 14:58:49 EST Peabody Energy's fourth-quarter profit more than doubled as coal prices rose, prompting the mining company to boost its production in Australia and the U.S.
Steady Profit at Kimberly-Clark () Tue, 25 Jan 2011 13:11:00 EST Kimberly-Clark's earnings were flat as cost-cutting balanced out rising commodity costs but the company also saw some consumers gravitate to cheaper competitors.
Foreign Investment in India Slows () Tue, 25 Jan 2011 16:10:24 EST Foreign direct investment into India fell by more than a third from April to September 2010, owing to hurdles in environmental clearances, problems in land acquisition and poor infrastructure, according to India's central bank.
Mylan, Pfizer Settle on Lipitor () Tue, 25 Jan 2011 15:42:05 EST Mylan announced a pair of settlements with Pfizer, including one related to the drug Lipitor.
Judge Puts Motorola Deal on Hold () Tue, 25 Jan 2011 13:52:13 EST A U.S. judge has limited for now Motorola Solutions's ability to close the $1.2 billion sale of its telecommunication-equipment business following an intellectual property suit brought by Huawei.
KeyCorp, Regions Swing to Profit () Tue, 25 Jan 2011 11:50:50 EST Lower credit costs at KeyCorp and Regions Financial boosted both regional banks to fourth-quarter profits, moving two of the biggest remaining holders of federal bailout money another step closer to paying back the U.S. government.
Garuda Indonesia IPO Meets With Skepticism () Tue, 25 Jan 2011 15:34:46 EST Garuda Indonesia will cut the value of its IPO roughly in half to $500 million, cutting the size and price amid investor concerns about the state-owned airline.
Nielsen's Post-IPO Challenge: Preserving Ratings Monopoly () Tue, 25 Jan 2011 13:58:36 EST Investors buying shares of Nielsen Holdings in its initial public offering, expected to be priced Tuesday night, will be betting that the company can hold on to its position as the arbiter of audience measurement for media in the digital age.
Amazon to Sell Bulk Email Service () Tue, 25 Jan 2011 13:46:46 EST Amazon said it will launch a bulk email-sending service aimed at businesses and developers, marking the online retail giant's latest effort to expand its Web services segment
Harley's Loss Shrinks () Tue, 25 Jan 2011 14:11:48 EST Harley-Davidson posted a much smaller quarterly loss, thanks to lower restructuring charges and a return to profitability in its bike-financing division.
Savient Names Johnson CEO () Tue, 25 Jan 2011 15:49:02 EST Savient Pharmaceuticals named Eli Lilly executive John H. Johnson to its chief executive post, a role the company hasn't had since late 2008.
Dynegy: No Rival Offers to Icahn's Bid () Tue, 25 Jan 2011 13:16:22 EST Dynegy said it didn't receive any rival offers that challenged Icahn's bid to acquire the power producer for about $665 million, ending its effort to solicit superior offers.
Storage Demand Lifts EMC's Net 61% () Tue, 25 Jan 2011 10:51:29 EST EMC posted a 61% jump in quarterly profit as the data-storage company continues to benefit from high demand and an increase in business spending.
Quest Diagnostics Net Down 8.8% () Tue, 25 Jan 2011 10:52:44 EST Quest Diagnostics said fourth-quarter earnings declined 8.8% on lower margins and testing revenue, although results topped Wall Street's expectations.
Corning Profit Rises 41% () Tue, 25 Jan 2011 13:27:19 EST Corning's profit rose 41% as demand improved and the company recouped money related to claims from 2009 earthquake that disrupted some operations in Asia.
IBM to Open Big Data Center in China () Tue, 25 Jan 2011 10:31:57 EST IBM agreed to cooperate with Chinese network services provider Range Technology on the construction of a cloud computing data center in China, which IBM said will be Asia's largest in terms of floor space.
Santander's Succession Problems () Tue, 25 Jan 2011 10:48:53 EST A court ruling that could ban Banco Santander's chief executive from the banking industry has raised questions about the succession strategy at the Spanish lender.
Coach Searching For Cheaper Labor () Tue, 25 Jan 2011 12:57:02 EST Handbag maker Coach Inc. said it is looking to move some production out of China, where labor costs have risen. It also said profit rose 26% but margins were hurt by higher outlet sales.
Yahoo Japan Net Rises 19% () Tue, 25 Jan 2011 10:20:51 EST Yahoo Japan posted a 19% rise in quarterly profit amid solid ad-revenue growth, and said a planned alliance with Google is moving ahead smoothly.
Sherwin-Williams Profit Up () Tue, 25 Jan 2011 10:09:09 EST Paints maker Sherwin-Williams posted a 12% rise in profit as higher sales volume and acquisitions helped offset a lower gross margin.
Verizon's Wireless Growth Slows () Tue, 25 Jan 2011 16:00:15 EST Verizon's profit jumped in part on the way it accounts for pension costs, but revenue fell and its wireless arm added fewer contract customers than a year ago.

Reverse Mortgages Now Look Cheaper () Mon, 19 Apr 2010 09:42:59 EDT Some of the country's biggest reverse-mortgage lenders are slicing costs—helping even some affluent homeowners who want to generate additional income.
Is It Time to Refinance Your Mortgage? () Fri, 09 Apr 2010 22:59:28 EDT With interest rates on the rise, more homeowners are asking that question. The answer depends, in part, on how long they plan to live in their current home.
Data Theft Hits 3.3 Million Borrowers () Sun, 28 Mar 2010 20:53:42 EDT Company and federal officials said they believed last week's theft of identity data from a student-loan guarantor was the largest-ever breach of such information and could affect up to 5% of all federal student-loan borrowers.
New Help for College Borrowers () Mon, 12 Apr 2010 10:28:04 EDT Buried in the health-care bill is some modest help for parents borrowing to pay college costs. But the legislation doesn't address current and former students who are wrestling with education debt.
BofA Ends Some Overdraft Fees () Wed, 10 Mar 2010 05:44:30 EST Bank of America plans to announce that it is eliminating $35 overdraft fees on debit-card purchases as the bank tries to stay ahead of a sweeping round of regulations.
Defaulted Loans May Haunt Seniors () Mon, 08 Mar 2010 12:05:09 EST A little-noticed law could result in smaller Social Security checks for hundreds of thousands of seniors who owe the U.S. money from defaulted loans and other debts more than a decade old.
Home-Saving Moves Afoot () Mon, 08 Mar 2010 13:01:05 EST Pressure is growing on U.S. banks to ease terms for distressed homeowners on home-equity loans and other second-lien mortgages.
How Much Is a College Degree Worth? () Wed, 16 Dec 2009 10:28:18 EST Families are uating the reasons to pursue higher education and how much tuition they want to pay.
New BofA CEO Seeks Credit-Card Fix () Tue, 29 Dec 2009 18:06:54 EST When Bank of America Corp.'s new chief executive takes over next week, one of the first problems he will face is one he's already been grappling with—the bank's credit-card business.
Tamer Cards for Tougher Times () Tue, 22 Dec 2009 19:20:08 EST When the economy was roaring, charge cards requiring users to pay balances in full took a back seat to revolving credit cards. Now charge cards are making a comeback.
More Borrowers Drawn to 15-Year Mortgage () Thu, 17 Dec 2009 11:17:47 EST Lured by rock-bottom interest rates, a growing share of borrowers looking to refinance are opting for a 15-year mortgage instead of the traditional 30-year one.
Fixing Troubled Mortgages for Elderly () Wed, 21 Oct 2009 14:45:10 EDT Option adjustable-rate mortgages are proving nearly as toxic as subprime mortgages. To help certain seniors, banks are using a novel strategy.
'Underwater' vs. Foreclosure () Wed, 05 Nov 2008 10:31:00 EST Why most people who owe more than a property's worth will still keep their homes.
When Credit-Card Rules Take Effect () Mon, 24 Aug 2009 12:07:45 EDT Starting Aug. 20, credit-card users will get new protections, the first of a series of federal actions that constrain card issuers from changing terms on customers. A look at some of the rules.
Debt-Relief Firms Attract Complaints () Tue, 14 Oct 2008 00:09:00 EDT Regulators say many companies that promise to clear up unpaid bills don't deliver. The consequences are trashing customers' credit scores.
Your Cash: How Safe Is Safe? () Mon, 22 Sep 2008 13:41:00 EDT Strategies on how to keep hundreds of thousands of dollars safely stowed away under FDIC protection.
Car Loan Delinquencies Rise () Mon, 06 Oct 2008 23:25:00 EDT Auto-loan delinquencies are on the rise as cash-strapped Americans increasingly struggle to repay car and truck loans, according to a study.
Loan Delinquencies Reappear () Sat, 20 Sep 2008 16:31:00 EDT Loan delinquencies jumped at the fastest pace since last year in August for many categories.
Tackle Credit Cards Now () Fri, 12 Sep 2008 16:49:00 EDT People ages 25 to 34 hold an average of $4,358 in credit-card debt and not many of them complete a "get out of debt" plan in less than three years. But it is possible. Here are some tips on how to begin -- and stick with -- a debt diet.
Kids Get Money-Wise at Camp () Mon, 15 Sep 2008 12:27:00 EDT Financial education is expanding to an unlikely audience -- younger kids, even grade-school students. This summer, school-age children will attend finance camp, where they'll take trips to a bank or delve into investing simulations.

DailyForex.Com

Euro Rally Continues, Supported by Rising Optimism () Tue,25 Jan 2011 09:18:00 GMT In Asian trading today, the Australian Dollar tumbled against major rivals following the release of consumer inflation data which came in below economists’ expectations, and which sent a signal to investors that the Reserve Bank of Australia is unlikely to raise interest rates any time soon.
Euro Eases Off 9 Week Peak in Australian Trading () Mon,24 Jan 2011 10:39:00 GMT The common currency back off of a 9-week peak against the U.S. Dollar in Asian trading today, as profit takers sold off their short term holdings in the currency.
Improved Market Sentiment Drives Euro Near to 2-month Peak () Fri,21 Jan 2011 10:14:00 GMT The Euro moved closer to the recently struck 2-month peak versus the U.S. Dollar in Asian trading today, and market players expect to see further gains as sentiment for the common currency turned favorable.
In Asian trading, Euro Slips versus Greenback and Yen () Thu,20 Jan 2011 09:04:00 GMT In early afternoon trading in Tokyo, the common currency Euro slipped against the U.S. Dollar and the Japanese Yen, but is expected by some dealers to rebound later when data from China confirms a strongly growing economy.
Dollar Declines to Eight-Week Low Versus Euro () Wed,19 Jan 2011 12:04:00 GMT The dollar fell to an eight-week low against the euro on speculation a sluggish recovery in U.S. housing and labor markets will deter the Federal Reserve from raising interest rates.
Euro under Pressure as Investors Push for Expanded Rescue Fund () Tue,18 Jan 2011 09:02:00 GMT Investors had hoped that this week’s meeting of finance ministers from the Eurozone would result in a strengthening of the rescue fund, yet no definitive outcome came from yesterday’s meeting, and investors get the sense that the market is placing more significance of the fund then are the finance ministers.
Ahead of Eurozone Ministers Meeting, Euro Slips from 1-month High () Mon,17 Jan 2011 08:09:00 GMT The common currency Euro held close to a 1-month peak against the U.S. Dollar in Asian trading today, as market players speculate that the current gains are likely limited, and can be attributed to last week’s short covering. In the long term, investors insist that the European policymakers must come up with some clear-cut answer to providing a safety net for the highly indebted Eurozone nations that are seeking assistance.
Institutional Investors and Exports in Japan Drive Euro Lower in Asia () Fri,14 Jan 2011 09:14:00 GMT Sales by Japanese exporters and institutional investors helped to drive down the Euro against the Japanese Yen in Asian trading today. Market players foresee, however, that the Euro might rebound during the European session and even into next week, following this week’s successful bond sales by several of the Eurozone’s highly indebted nations.
Euro Retreats as Investors Prepare for Spanish Auction () Thu,13 Jan 2011 08:06:00 GMT In Asian trading today, the Euro retreated from the 1-week high struck following the successful bond auction conducted by the Portuguese government yesterday, even as investors await today’s auctions of Spanish and Italian debt.
Euro Holds Ground Ahead of Portuguese Debt Auction () Wed,12 Jan 2011 09:07:00 GMT Bond sales to be held later today by the highly-indebted Portuguese government have likely kept many market players on the sideline; nonetheless, in thin Asian trading, the Euro has managed to extend the gains from its earlier rebound.

Japan's Debt Problem is Worse than Thought () Tue,25 Jan 2011 09:04:00 GMT A projection just released for the debt situation facing Japan is that they could be in hock to the tune of ¥ 23 000 000 000 000 ($280 billion) by 2020, if things continue as they are.
The Last Week’s Trading Activities In Perspective () Mon,24 Jan 2011 10:23:00 GMT Last week was another mixed affair for the world's major stock markets. Only the Dow and CAC managed to close up.
The Price Of Being A Safe Haven () Fri,21 Jan 2011 10:06:00 GMT Switzerland has enjoyed extremely positive reputation for discrete financial services for a very long time. It has a very mature and sophisticated financial sector. The country has seemingly always been prosperous and economically stable and when war raged all around it, Switzerland steadfastly maintained its neutrality.
Brazil Raises Interest Rate Again () Thu,20 Jan 2011 09:47:00 GMT Brazil is the largest country in South America and has a GDP of about $1.5 trillion. The value of the Brazilian currency, the Real, has risen by 11.3% against the Euro over the course of the last twelve months, making her exports more expensive (and less competitive) in world markets. Inflation in Brazil is running at 5.9% and this is a problem for one of the world’s fastest-growing developing economies.
UK Inflation Rises () Wed,19 Jan 2011 09:23:00 GMT Figures releases by the Office for National Statistics reveal that UK inflation, measured by the consumer price index, rose by 0.4% in December to stand at 3.7%. The Bank of England is responsible for the monetary policy decisions which should keep inflation in check at, or below, its target value of 2%. In the aftermath of the global financial crisis, UK inflation has been above the threshold for the last 13 months by at least 1%.
China Lends Heavily To Developing Nations () Tue,18 Jan 2011 09:24:00 GMT One of the functions of the World Bank is to work towards the alleviation of poverty in the world’s nations. This is achieved, in part at least, by the provision of low interest, or interest-free loans for development projects. Between 2008 and 2010, the World Bank provided more than 100 billion Dollars in such loans.
FOREX: The Last Week’s Trading Activities In Perspective () Mon,17 Jan 2011 09:00:00 GMT Last week was a mixed affair for the world’s major stock markets. The FTSE and Nikkei closed down, but the others ended the week higher than they had started it. In Europe over the course of the week, the FTSE shed 0.29%, closing at 6002.1; the Dax rose by 1.4% to close at 7075.7; the CAC gained 2% to end the session at 3983.3.
Euro Strengthens As Spanish Bond Auction Goes Well () Fri,14 Jan 2011 09:51:00 GMT Governments use bonds as a mechanism of securing financing from the markets. Traditionally, government bonds have been regarded as a low risk investment vehicle since the prospect of default is remote. However, in the aftermath of the global financial crisis, national debt and the cost associated with it has come under scrutiny.
Germany Lives Up To Its “Powerhouse Of Europe” Billing () Thu,13 Jan 2011 09:53:00 GMT Germany has the biggest economy within the European Union and is the world’s second largest exporting nation behind China. After a pretty horrible 2009, figures just released for 2010 by the German national statistics office put growth at a provisional 3.6%. This is in stark contrast to the 4.7% contraction seen a year earlier.
Generating Debt To Pay Debt () Wed,12 Jan 2011 10:02:00 GMT The EU and IMF have underwritten bailouts to Greece and Ireland which total €195 billion over three years. Effectively, both nations will have access to guaranteed funds at an interest rate which is significantly lower than the market rate being demanded of them, but above the rates that some EU members themselves are charged in the bond market.

An Introduction to Forex Micro Accounts () Tue,25 Jan 2011 16:08:00 GMT Want to know whether Forex micro accounts are right for you? The experts at DailyForex explain how Forex micro accounts work, so that you can decide.
Forex Margin Requirements () Thu,20 Jan 2011 11:26:00 GMT No matter what kind of account you set up with your Forex broker, there are going to be Forex margin requirements. Put very simply, this indicates the amount of money you need to keep in your account in order to trade.
Forex Rebates () Tue,18 Jan 2011 11:10:00 GMT There is always a lot of discussion on the issue of Forex rebates. Whether they are valid or not; whether they truly provide an incentive to trade Forex; whether or not it cheapens the industry. All these are valid points when it comes to Forex rebates and they should all be taken into consideration when choosing a Forex broker.
Forex Hedge () Mon,17 Jan 2011 12:40:00 GMT To perform a Forex hedge is bit different than hedging in commodities. The similarities, of course, is in the term, 'hedge'. Any time someone hedges, they are taking the equal and opposite position to either minimize their loss or protect their profits. It's all the same whether it is a Forex hedge, or commodities, or a weekend football game.
Forex Size () Sun,16 Jan 2011 09:26:00 GMT When a novice trader is shopping for a broker it is important to keep in mind whether or not the options of Forex size comes into play. Yes; size matters. The concept of Forex size often is ignored, but it can be the most important factor as to the longevity of the trader in the Forex market.
How to Trade Hourly Forex Binary Options () Thu,13 Jan 2011 13:15:00 GMT Forex Binary Options are a much more simplified and beneficial way of trading Forex than conventional Forex trading.
Forex Momentum Indicators () Thu,13 Jan 2011 10:04:00 GMT Like other indicators in our forex trading toolbox within our platform we find the forex momentum indicator. This is very similar to other indicators and oscillators like Moving Averages or MACD to follow the main trending direction of the pair you are following. Some traders
Forex Market Maker () Wed,12 Jan 2011 10:15:00 GMT Just about any broker you may find on the Internet would be considered a Forex market maker. The term comes from exactly what they do. They make the market. When you put in an order with a broker, it doesn't go out on a trading floor, per se'. It stays on the Internet.
Regulated Forex Brokers () Tue,11 Jan 2011 12:50:00 GMT Since the CFTC (Commodities Futures Trading Commission) passed its legislation involving regulated Forex brokers in October of last year, there has been much discussion amongst the Forex trading community. Is this a good thing? Is this a bad thing? Does it make any difference at all?
Forex Moving Averages Assist Your Trading () Tue,11 Jan 2011 09:28:00 GMT Another very useful tool that is usually found in all the Forex platforms toolbox is the moving averages options. Needless to say a moving average is a trending line that helps you gauge the market direction and the market main movements as it is being developed. As always, these tools help you make sure you are on the right track but should not be used in isolation to determine an entry in a trade unless extensively studied and well educated about these tools potentials.

Reuters

UPDATE 5-Obama to push spending freeze, Republicans seek cuts () Tue, 25 Jan 2011 15:55:01 -0500 * Republicans gear up for budget fight (Adds analyst reaction)
New Issue-Bank of NY Mellon sells $1.2 bln in MTNs () Tue, 25 Jan 2011 15:51:21 -0500 Jan 25 (Reuters) - The Bank of New York Mellon Corp on Tuesday sold $1.2 billion of medium-term notes in a three-part sale, said IFR, a Thomson Reuters service.
Fund companies brace for new SEC money fund data () Tue, 25 Jan 2011 15:47:54 -0500 BOSTON, Jan 25 (Reuters) - The U.S. mutual fund industry is bracing for fallout from new data on money market funds that will be made available next week.
BlackRock bond managers favor credit, mortgage debt () Tue, 25 Jan 2011 15:46:35 -0500 BOSTON, Jan 25 (Reuters) - Portfolio managers at BlackRock Inc , the world's biggest asset manager, are favoring corporate and mortgage debt over U.S. Treasury bonds, chief executive Laurence Fink said on Tuesday.
UPDATE 3-Court hands Ambac victory in overhaul plan () Tue, 25 Jan 2011 15:39:50 -0500 * Plan was opposed by hedge funds holding Ambac policies
US accounting board softens fair value proposal () Tue, 25 Jan 2011 15:23:23 -0500 NEW YORK, Jan 25 (Reuters) - In a big victory for banks, U.S. accounting rule-makers moved on Tuesday to reject a controversial plan that would have forced banks to value many of their loans based on market movements.
UPDATE 1-UN envoy proposes piracy courts in Somali enclaves () Tue, 25 Jan 2011 15:22:49 -0500 * U.N. Security Council would need to approve plan (Adds quotes, details, background)
UPDATE 2-Mexico carefully watching peso's rise-finmin () Tue, 25 Jan 2011 15:21:18 -0500 * Mexico's Cordero says paying attention to peso's rise
Texas Senate unveils rival $79.7 bln budget plan () Tue, 25 Jan 2011 15:17:48 -0500 NEW YORK, Jan 25 (Reuters) - The Texas Senate on Tuesday proposed its $79.7 billion two-year budget plan that shrinks spending by 9.9 percent -- just like the House plan -- but spends more on education and assumes more Medicaid aid.
CORRECTED-WikiLeaks founder Assange slams Swiss banker arrest () Tue, 25 Jan 2011 15:13:38 -0500 (corrects figure in Jan. 23 story, 14th paragraph, to $22 trillion from $22 billion)

Tellabs sales disappoint, shares fall 20 percent () Tue, 25 Jan 2011 11:58:20 -0500 NEW YORK (Reuters) - Tellabs Inc warned that first-quarter sales would miss expectations after it posted disappointing fourth-quarter results, suggesting the network equipment maker is losing market...
3M margins under pressure, shares fall () Tue, 25 Jan 2011 15:09:48 -0500 CHICAGO (Reuters) - 3M Co said on Tuesday that profitability suffered last quarter as higher advertising and research spending ate into its margins and warned that rising raw material costs would...
Citigroup helped Paulson power ahead in 2010 () Tue, 25 Jan 2011 11:17:24 -0500 BOSTON (Reuters) - Billionaire investor John Paulson's bet that the economy will rebound paid off handsomely last year when his hedge fund clients earned about $1 billion on his Citigroup Inc stake.
Juniper beats forecasts on strong network spending () Tue, 25 Jan 2011 16:19:02 -0500 NEW YORK (Reuters) - Network equipment maker Juniper Networks Inc's quarterly sales beat Wall Street expectations as phone and cable service providers spent more on routers and switches.
Kodak shares fall nearly 11 percent on patent ruling () Tue, 25 Jan 2011 10:07:13 -0500 NEW YORK (Reuters) - Shares of Eastman Kodak Co fell nearly 11 percent in early trading on Tuesday after news that a patent judge ruled in favor of Apple Inc and BlackBerry maker Research In Motion...
BlackRock profit jumps 77 percent, tops Street view () Tue, 25 Jan 2011 14:50:44 -0500 BOSTON (Reuters) - BlackRock Inc's profit soared 77 percent in the fourth quarter, beating all expectations, as the world's largest asset manager benefited from increased hedge fund fees and inflows...
DeVry Q2 beats Wall Street outlook () Tue, 25 Jan 2011 16:13:08 -0500 BANGALORE (Reuters) - DeVry Inc , the second-biggest U.S. for-profit education provider by market value, posted higher-than-expected quarterly results, and said its deversified business model will...
Corning's glass sales rise, resisting trends () Tue, 25 Jan 2011 14:01:27 -0500 NEW YORK (Reuters) - Corning Inc increased quarterly sales of glass used in the liquid crystal display screens found on TV sets, and showed its bet on creating a new scratch-resistant glass for...
Navistar sees profit above Street, shares up () Tue, 25 Jan 2011 14:49:56 -0500 NEW YORK (Reuters) - Truck and engine maker Navistar International Corp forecast 2011 profit above the average Wall Street estimate, saying an improving economy would cause a rebound in sales of...
J&J sales lag after recalls; 2011 view disappoints () Tue, 25 Jan 2011 14:28:12 -0500 NEW YORK (Reuters) - Johnson & Johnson warned it is facing growing pressure from governments and insurers to curb prices, as a string of embarrassing product recalls and the weak economy still...

US STOCKS SNAPSHOT-Wall St ends flat on late comeback () Tue, 25 Jan 2011 16:08:44 -0500 NEW YORK, Jan 25 (Reuters) - U.S. stocks staged a late comeback to end flat on Tuesday despite disappointing earnings from blue-chips including 3M and Johnson & Johnson.
Gaddafi fears foreign meddling in Tunisia turmoil () Tue, 25 Jan 2011 15:49:39 -0500 TUNIS, Jan 25 (Reuters) - Libyan leader Muammar Gaddafi said on Tuesday he feared the change of power in Tunisia was being exploited by foreign intervention.
UPDATE 6-3M margins under pressure, shares fall () Tue, 25 Jan 2011 15:07:50 -0500 * Shares down 2.8 pct in afternoon trading (Adds CEO comments, updates share price)
Twitter site blocked in Egypt - Harvard's Herdict () Tue, 25 Jan 2011 15:07:00 -0500 SAN FRANCISCO, Jan 25 (Reuters) - Egyptians say the Twitter Web site is blocked on all Internet Service Providers in their country, a representative of Harvard University's Herdict Web monitoring...
Security officer dies in Cairo protest -Egypt TV () Tue, 25 Jan 2011 14:55:58 -0500 CAIRO, Jan 25 (Reuters) - An Egyptian security officer died in a protest on Tuesday in a central Cairo square where thousands of demonstrators gathered to call for an end to President Hosni Mubarak's...
U.S. crude ends lower on economic recovery worries () Tue, 25 Jan 2011 14:43:09 -0500 NEW YORK, Jan 25 (Reuters) - U.S. crude oil futures ended lower for a sixth day on Tuesday as a dip in Britain's fourth quarter economic growth and India's move to raise interest rates raised fresh...
Exxon says flaring at Torrance, production not hit () Tue, 25 Jan 2011 14:41:17 -0500 HOUSTON, Jan 25 (Reuters) - Exxon Mobil Corp said brief excess pressure in a storage tank at its 149,500 barrel per day (bpd) Los Angeles-area refinery in Torrance, California, resulted in flaring...
NZ's Hallenstein Glasson warns of lower H1 profit () Tue, 25 Jan 2011 14:39:34 -0500 WELLINGTON, Jan 26 (Reuters) - New Zealand clothing retailer Hallenstein Glasson Ltd said it expects net profit for the six months to Feb 1 to fall between 13 percent and 18 percent on year ago...
Two Egyptians dead after protests in Suez -sources () Tue, 25 Jan 2011 14:39:33 -0500 CAIRO, Jan 25 (Reuters) - Two Egyptians died as a result of protests in the Egyptian city of Suez, one of several places where demonstrators called for an end to President Hosni Mubarak's rule,...
US Senate leaders open option of state bankruptcy () Tue, 25 Jan 2011 14:39:27 -0500 WASHINGTON, Jan 25 (Reuters) - Republican leaders in the Senate said on Tuesday they were looking at the option of allowing U.S. states to declare bankruptcy.

Countingpips.com

UK GDP declines by 0.5% in 4th Quarter. Pound falls in Forex Trading. (admin) Tue, 25 Jan 2011 16:11:15 +0000 By CountingPips.com The United Kingdom Gross Domestic Product declined unexpectedly in the fourth quarter of 2010 and the British pound sterling has fallen sharply in forex trading on the news. The first report for the U.K. fourth quarter GDP data showed that economic activity fell by 0.5 percent in the October through December quarter following an advance by 0.7 percent in the third quarter of 2010, according to the latest report by the Office of National Statistics. The GDP decline was worse than expected as forecasts were looking for a 0.5 percent rise in the GDP numbers for the quarter. On an annual basis, the fourth quarter GDP rose by 1.7 percent from the level of the fourth quarter of 2010 following a third-quarter increase in GDP by 2.7 percent. The annual data was also worse than economic forecasts which were expecting the annual GDP rate to increase by approximately 2.6 percent. Contributing to the decline in GDP for the fourth quarter was a decrease in total services output by 0.5 percent while construction output fell by 3.3 percent in the quarter. British pound tumbles in forex trade The British pound has felt the effects of the news and has fallen versus most of the major currencies in forex trading today. The pound has been declining sharply against the euro, US dollar, Japanese yen, Swiss franc, Canadian dollar and the Australian dollar. GBP/USD Chart – The British Pound Sterling edging back a little higher in forex trading versus the US Dollar today after a sharp drop on the worse than expected GDP report. The GBP/USD is down by over 150 pips since the day’s opening.
Forex Markets: Forget the USD, Look Elsewhere in FX. Plus See My CHF/JPY Results (admin) Tue, 25 Jan 2011 14:30:12 +0000 By Adam Hewison Most people immediately think about the dollar when Forex markets are mentioned. Sadly, the main reason is its declining value against the other major currencies. There are several ways to look at the foreign exchange markets and one of them is to compare other major currencies. For example, you could be looking at the euro against the Japanese yen or any number of combinations in between. In today’s short video we will be looking at the Swiss franc versus the Japanese yen over the past 12 months. I’m going to be showing you a very simple, yet very effective, approach that has proven to be 72% accurate in 2010-2011 when trading this particular cross-rate. In fact, using this easy to understand approach, you would have made just seven trades in approximately 12 months. As you can see, this is not a hyperactive approach. However, it will put the odds of making money on your side if you stick to the game plan. As in all trading, having a game plan in foreign exchange is extremely important. If after watching this video you would like to receive the game plan template I use to help me organize and develop my strategies, just contact us by phone at 1-800-538-7424 or via email. I hope you find this video informative and educational. As always our videos are free to watch and there are no registration requirements. All we ask is that you let us know what you think by leaving a comment, talk about us on your blog, Tweet to a friend or share us on Facebook. All the best, Adam Hewison President of INO.com Co-founder of MarketClub To see more of Adam’s Videos click here or sign up for Adam’s Free 10-part Professional Trading Course.
Forex Daily Market Commentary (admin) Tue, 25 Jan 2011 13:08:20 +0000 By GCI Forex Research Fundamental Outlook at 0800 GMT (EDT + 0400) USD A disappointing Australian CPI reading allowed the dollar to advance against its Australian counterpart in an otherwise quiet Asia trading session. The BoJ opted to keep policy unchanged. EURUSD traded 1.3628-1.3684, and USDJPY 82.34-82.64. The Nikkei-225 is 1.1% firmer at the time of writing, and the S&P 500 finished +0.58% ahead. President Obama is due to deliver his State of the Union address tonight, a speech in which job creation is expected to feature prominently. At the margin, this could support the US dollar, but its main drivers this week are more likely to be the FOMC announcement and the Q4 GDP data. Our analysts do not think that the FOMC statement will suggest a near-term change in monetary policy. Both the consensus and our US economists are expecting a strong rise of 3.5% q/q annualised rate for Q4 GDP. EUR Newswires, citing an unnamed Eurozone source, said EU leaders will have an informal discussion on the Eurozone crisis at the Feb. 4 summit and that formal decisions are expected at the late March summit. The ECB settled only €146 mn worth of bond purchases last week under its Securities Markets Program, down from €2.313 bn the week before. The Irish finance minister said the finance bill would pass through parliament by Saturday and the main opposition party said an election is likely in the last week of February. The passage of the finance bill removes the worry that parliament would be dissolved without reaching a final agreement on the last piece of budget legislation. French President Sarkozy said that the dominating theme of France’s chairmanship of the G20 would revolve around FX reforms and highlighted a code of conduct on capital controls as one of his goals. JPY The Bank of Japan kept policy unchanged and continues to target a 0-0.1% range for the overnight call rate. No additional measures were announced. The bank revised up its CPI forecast for the fiscal year 2011 to +0.3% y/y from the earlier estimate of +0.1% y/y. Our Japan economics team does not anticipate a BoJ hike until 2013. GBP BoE MPC member Andrew Sentence maintained his hawkish stance and said the BoE risks its credibility by failing to tackle inflation. He said the time has come for action and he sees CPI rising to at least 4% during 2011 as it is boosted by global factors, a weaker exchange rate and healthy domestic demand. MPC member Posen has recently affirmed his dovish stance, and the Jan. 13 BoE minutes, due for release on Wednesday, will show if any other MPC member has sided with either of these two non-consensus views. The consensus expects Q4 GDP to weaken to +0.5% q/q. A stronger print is likely to be sterling-positive, as it may stoke expectations of an early BoE hike. AUD The AUD weakened after CPI for Q4 failed to live up to consensus expectations, rising only +0.4% q/q (cons. +0.7%) and +2.7% y/y (cons. +3.0%). Our analysts stick to their view that the next RBA rate hike will not happen until H2 this year. CAD The BoC revised down its 2011 core inflation outlook though it still it reaching the 2% target by end-2012. The y/y readings for both headline and core CPI for December are expected to increase, though any rate hikes by the BoC are expected to be gradual this year. TECHNICAL OUTLOOK USDCHF clears 0.9521/0.9486 zone. EURUSD BULLISH While support holds at 1.3541, expect gain towards 1.3741/86 resistance zone ahead of 1.3825. USDJPY BEARISH Break of 81.85 would open 80.94 while resistance at 83.68 holds. GBPUSD BULLISH Focus is on 1.6059/94 resistance zone. Initial support defined at 1.5838. USDCHF BEARISH Breach of 0.9521/0.9486 has exposed 0.9415 ahead of 0.9301 key low. Initial resistance is at 0.9623. AUDUSD BEARISH Move below 0.9804 would expose 0.9753. Resistance is at 1.0077. USDCAD BEARISH Remains below 1.0034 as focus is on 0.9889/0.9838 support zone. EURCHF BULLISH Bullish outlook with focus on 1.3069 ahead of 1.3122. Initial support is defined at 1.2815. EURGBP BULLISH Break of 0.8563 would open up the way towards 0.8648. Initial support lies at 0.8461. EURJPY BULLISH The cross has potential to climb to 113.03 ahead of 113.59 Fibonacci level next. Initial support lies at 112.19. Forex Daily Market Commentary provided by GCI Financial Ltd. GCI Financial Ltd (”GCI”) is a regulated securities and commodities trading firm, specializing in online Foreign Exchange (”Forex”) brokerage. GCI executes billions of dollars per month in foreign exchange transactions alone. In addition to Forex, GCI is a primary market maker in Contracts for Difference (”CFDs”) on shares, indices and futures, and offers one of the fastest growing online CFD trading services. GCI has over 10,000 clients worldwide, including individual traders, institutions, and money managers. GCI provides an advanced, secure, and comprehensive online trading system. Client funds are insured and held in a separate customer account. In addition, GCI Financial Ltd maintains Net Capital in excess of minimum regulatory requirements. DISCLAIMER: GCI’s Daily Market Commentary is provided for informational purposes only. The information contained in these reports is gathered from reputable news sources and is not intended to be U.S.ed as investment advice. GCI assumes no responsibility or liability from gains or losses incurred by the information herein contained.
Shifting Fundamentals Boast Well For Krona (admin) Tue, 25 Jan 2011 12:50:02 +0000 By Russell Glaser Increased rates of growth and rising interest rates are all positive factors for continued gains in the Scandinavian currencies, particularly the SEK and the NOK. In an interview yesterday, Merrill Lynch’s Bill O’Neil, chief investment officer for Europe made the case for investors to move a portion of fixed income funds from Europe to selected Nordic countries such as Finland, Sweden, Denmark, and Norway. O’Neil sighted a difference in monetary policy as a key advantage that these Nordic nations have over their European counterparts. Europe has the difficulty of assigning one interest rate to 17 sovereign nations, all with differing rates of growth and inflation. A disparity exists between the central nations of Europe such as Germany and France, versus the peripheral nations of the euro zone. Germany is the engine of growth for the EU as the Bundesbank recently increased its 2011 GDP forecast to 2.2% from 1.8%. This is in stark contrast to the struggling peripheral nations of Europe who are dealing with high levels of unemployment and slowing growth. In the 3Q of 2010, the economy of Greece contracted 1.2%. 2011 growth rates in Sweden and Finland are expected to come in as high as 3%. Last year the Swedish economy grew 5.5%. The Nordic countries, with the exception of Finland who is a member of the European Monetary Union, all set their own monetary policy. Economists expect rising interest rates which will in turn boost the Scandenavian currencies. Norway announced its intention to begin raising interest rates in the middle of this year. Sweden has already increased its benchmark interest rate four times last year and Swedish interest rates currently stand at 1.25% and are expected to continue to rise. Expectations for an increase in European interest rates have also developed in the markets, but economists expect the European Central Bank to raise rates in the 3Q and at a slower pace than their Scandinavian counterparts. Higher rates of growth and rising interest rates are all positive factors for continued gains in the Scandinavian currencies against both the euro and the dollar, particularly the USD/SEK and the EUR/NOK. Forex Market Analysis provided by ForexYard. © 2006 by FxYard Ltd Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.
Euro Reaches Two-Month High Against USD (admin) Tue, 25 Jan 2011 12:33:05 +0000 Source: ForexYard The euro held near a two-month high against the USD during the Asian trading session on Tuesday, with $1.37 firmly in its sight as the market showed only the barest signs of fatigue after a 6% rally in the past two weeks. The EUR was up around 0.3% at 1.3650 against the greenback after climbing as high as 1.3685, its highest since November. Economic News USD – Dollar Declines as Stock Market Rallies The U.S dollar fell against most of its major currencies on Monday, hitting its lowest level in nearly two-months against the EUR, as gains in stocks prompted investors to wade into riskier currency trades. By yesterday’s close, the USD fell against the EUR, pushing the oft-traded currency pair to 1.3650. The dollar experienced similar behavior against the CHF and closed at 0.9490. The U.S. dollar had already been under pressure on expectations the U.S. Federal Reserve would not rush to raise its interest rates and on the growing view that the greenback has become a funding currency for carry trades. In addition, analysts attributed the fall in the dollar, which has been treated as a lower risk and safe-haven investment, to growing optimism that the worst of the financial crisis has passed. This has caused investors to buy higher-yielding currencies which rallied earlier this month. Looking ahead to today, the most important economic indicator in today’s trading is the Consumer Confidence around 15:00 GMT. This report is very important and is likely to generate dollar volatility. Traders should pay close attention to the market as there will likely be several opportunities for traders to capitalize on the market fluctuations which are likely to follow this release. EUR – EUR/USD Hits Two-Month High The EUR rallied against the dollar on Monday, hitting a two-month high near $1.37 as expectations of higher euro zone interest rates sparked traders to push the currency above important technical levels. The EUR was up around 0.3% at 1.3650 after climbing as high as 1.3685, its highest since November. Political turmoil in Ireland again highlighted problems in indebted euro zone countries and a suicide bombing at Russia’s biggest airport capped the European currency’s rise. But the euro gained momentum in the New York session, and traders said tough talk on inflation from European Central Bank President Jean-Claude Trichet on Sunday was a catalyst driving it to its highest level since November. In addition, solid data on euro zone industrial orders and a robust euro zone flash estimate of services purchasing managers activity also bolstered the currency. Investors may look for the unusual price volatility to continue in the EUR/USD as the pair attempts to stabilize and find new support and resistance lines. Large price jumps such as these are not common place and present terrific opportunities to take advantage of the price swings for large profitable gains. JPY – Yen Experience Mix Results against Major Currencies The Japanese yen completed yesterday’s trading session with mixed results versus the major currencies. The JPY fell against the CHF yesterday, pushing the oft-traded currency pair to 86.90. The JPY was unchanged vs. the EUR yesterday and closed its trading session at around the 112.55 level. The JPY did see some bullishness as well as it gained 40 points against the USD and closed at around 82.45. The Japanese markets were expected to have a relatively heavier effect on the JPY versus its major currency counterparts today as the Overnight Call Rate was released during the Asian trading session. The rate was left unchanged, but traders will be paying close attention to the Bank of Japan (BOJ) Press Conference, tentatively scheduled for today, to look for expectations of Japan’s economic future, especially considering the speculation that measures will be taken to due the yen. A bullish statement from the BOJ could lead some traders to believe that it is forecasting a rosier financial climate in Japan. Others fear that the climate is declining and monetary measures may be taken to directly influence currency prices. Crude Oil – Crude Oil Falls 1% Oil fell more than 1% to around $82.70 a barrel on Monday as ample U.S. inventories were seen and after Saudi Arabia’s oil minister expressed concerns about the influence of speculators on prices. A Saudi Arabian oil official issued remarks which indicated that the Organization of Petroleum Exporting Countries could raise production this year due to a faster than expected growth in demand for the cartel’s oil. As for today, traders are advised to watch carefully the leading stock markets and the major economic indicators which will be published from the U.S. and euro-zone in order to predict the next movements in oil prices. Technical News EUR/USD The pair has recorded much bullish behavior in the past several days. However, the technical data indicates that this trend may reverse soon. For example, the daily chart’s Stochastic Slow signals that a bearish reversal is imminent. A downward trend today is also supported by the 4-hour chart’s RSI. Going short with tight stops may turn out to pay off today. GBP/USD The GBP/USD cross has experienced a bullish trend for the past 3 weeks. However, it seems that this trend may be coming to an end. The RSI of the daily chart shows the pair floating in the overbought territory, indicating that a downward correction will happen soon. Going short with tight stops might be a wise choice. USD/JPY The pair has been range-trading for a while now, with no specific direction. The daily chart’s Slow Stochastic is providing us with mixed signals. The 4 hour charts do not provide a clear direction as well. Waiting for a clearer sign on the hourlies might be a good strategy today. USD/CHF The daily chart is showing mixed signals with its RSI fluctuating in neutral territory. However, the 4-hour Chart’s RSI is already floating in oversold territory indicating that a bullish correction might take place in the near future. Going long with tight stops might be the right strategy today. The Wild Card Crude Oil Crude oil prices are once again dropping, and the commodity is currently trading around $87.50 per barrel. Now, the 8-hour chart’s RSI is giving bullish signals, indicating that crude oil may go up. This might give forex traders a great opportunity to enter the upcoming bullish trend at a great price. Forex Market Analysis provided by ForexYard. © 2006 by FxYard Ltd Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.
Weakness Seen In The US Dollar (LaidTrades) Tue, 25 Jan 2011 00:43:24 +0000 Much attention was given to the stock market for the past couple of weeks. Today, however, I’d like to divert your minds for a while towards the almighty US dollar. The US dollar index (USDX) is an index that measures the value of the USD against a basket of currencies namely the euro (EUR), British pound (GBP), Canadian dollar (CAD), Swedish krona (SEK), Swiss franc (CHF), and Japanese yen (JPY). The value of the index goes up when the greenback appreciates versus the above mentioned currencies (considering their weights) and vice versa. As you can see from its daily chart above, the US dollar based on its index appears to be moving in the southern direction in the days or weeks to come. The index actually broke down from a head and shoulders pattern back in September 2010. During this time we also saw the dollar dipping against most of its major peers. The index then bottomed to a low of 75.631 in October before rallying back towards the head and shoulders’ neckline around 81.444 in just a little less than a month. The neckline, though, acted as a resistance to keep it from moving higher. Since then, the index had traded sideways within a box until it broke down a couple of days ago from a smaller double top formation. If selling pressure continues and the USDX is not able to keep its head back above 79 in the near term then it could further slide towards its downside target of just above 76.00. On the economic side, the US’s consumer price index (CPI), which measures the change in the price of a basket of goods and services, cooled to 1.5% for whole of 2010 from 2.7% in the previous year. The core version of the account which excludes food and energy prices because of their inherent volatility only grew by 0.1% month-over-month in December for the second straight month, resulting to a year-over-year change of only 0.8%. Relatively cheaper prices actually supported domestic retail sales which grew by 6.7% in the same year which was its highest gain since it posted a 8.2% rise in 1999. The jump in retail sales helped push the country’s consumption, which accounts for about 70% of the US’s GDP, to expand by 4.0%. On January 28, The US’s advance GDP for the first quarter of 2010 will be on deck. The US economy is seen to have grown by 3.5% following a 2.6% expansion in the previous quarter. So given the increase in retail sales which translated to the advance in consumer spending, the US could indeed hit the market’s consensus. Since the country’s CPI is only at 1.5% for 2010 which is at the Federal Reserve’s lower end of its usual target range for inflation, a better than expected economic growth would not really place a lot of pressure on the Fed for it to tighten its policies. Investors, given their upbeat outlook, would place their money away from the greenback into other assets like currencies that offer higher yields. More on LaidTrades.com …
First Philippine Holdings (FPH) Undecided Of Its Trend (LaidTrades) Mon, 24 Jan 2011 15:11:26 +0000 Hello guys, the Philippine Stock Market hasn’t been performing lately. Many blue chips have broken down from its immediate uptrend like the stocks of Filinvest Land Inc (FLI) among others. I had a post on this before it broke down (kindly see here). We’ve seen breakdowns from bearish reversal patterns as well like in Megaworld Corporation (MEG) which I mentioned more than a week ago (here) �and EEI Corporation (EEI) which I posted over the weekend (here). On today’s canvass, though, is the daily chart of First Philippine Holdings Corporation (FPH) which is owned by the Lopez family along with ABS-CBN Corporation (ABS), Lopez Holdings Corporation (LPZ) and First Gen Corporation (FGEN). At present, the company is working on their solar� plant at Tanauan, Batangas in its pursuit for� an alternative energy source for the country. It’s really great to hear that more companies are opting for greener energy solutions nowadays. Technically, the shares of FPH remain on a longer term uptrend despite their recent fall. Today, FPH� closed right above its 2-year uptrend. And if you look closely, FPH could be forming symmetrical triangle pattern which has been four months in the making. Now, a successful rebound from the� major uptrend� could propel the stocks higher and increase its chance of breaking out from the said pattern. The chances of this happening is actually greater since the symmetrical triangle is coming off an uptrend. So in case it breaks out to the upside, it could reach the PHP 80.00 target price. I got this by getting the size of the triangle’s base and added it to the possible breakout point. However, it first needs to clear out the PHP 69.50 and PHP 72.00 resistances.�On the bearish note, if the 2-year trend and the symmetrical triangle’s support get breached, the stocks could fall towards a downside target price of PHP 51.00. Before it reaches that, though, it first �needs to break the immediate support at PHP 59.15.� In the near term,� bias on FPH could be bullish since the MACD is still above the positive territory.� But with the stocks� currently moving below the 50 and 100-period moving averages, showing a sign of weakness, an unfortunate event of a breakdown could happen as mentioned. Better stay on your toes then! More on LaidTrades.com…
Hawkish Comments by Trichet Support Euro Strength (admin) Mon, 24 Jan 2011 12:59:12 +0000 Source: ForexYard An interview over the weekend with European Central Bank President (ECB) Jean-Claude-Trichet highlights what many traders already suspect; the ECB will not hesitate to fight euro zone inflation. Economic News USD – Dollar Begins Week on its Back Foot At the end of the trading week the greenback was trading lower against the majors. Broad based selling of the dollar was seen with the greenback down following differentiating interest rate expectations between the US and the rest of Europe. Rising inflationary pressures in both the EU and in Britain may force those respective central banks to raise their benchmark interest rates to fight off rising inflation. US inflationary pressures are considerably less as the Federal Reserve continues with the loosening of monetary policy. The Fed has given no signal of its intention to abandon its quantitative easing program and looks to complete the purchase of $600 billion worth of treasury bonds. The dollar could continue to decline this week if momentum carries short dollar positions further. The key events for the dollar will be Tuesday’s release of consumer confidence numbers, Wednesday’s Federal Reserve Open Market Committee meeting, and Friday’s Advanced GDP data for the 4Q 2010. EUR – Hawkish Comments by Trichet Support Euro Strength In a Wall Street Journal interview, European Central Bank President Jean-Claude Trichet talked up the ECB’s intention to fight inflation despite disparities in growth rates between central Europe and the peripheral states. Trichet was adamant in his hawkish view on inflation and vowed to battle inflationary pressures. Last month the rate of inflation in the EU rose a surprising 2.2%. This was the first time in two years that the rate of inflation was greater than the ECB target inflation rate of 2.0%. The ECB President stressed the ECB is determined to fight inflation attributed to rising commodity and food prices. Trichet also supported budgetary constraints and fiscal discipline in the EU nations, suggesting oversight for EU nations in keeping with enacted austerity measures. He does not see risks of an economic downturn due to sovereign budget cuts. The euro received strong bids this past week, both against the dollar and versus the Swiss franc as interest rate expectations increased between Europe and the rest of the world. Further hawkish comments from the ECB should be supportive of the euro into the new week of trading. While the event occurred over two years ago, traders should not forget the interest rate hike by the ECB in July of 2008, only a few months prior to the demise of Lehman Brothers. This should underpin Trichet’s commitment to eliminating inflation in the EU. As such, traders should take note when the ECB President addresses the markets. JPY – Downtrend Resumes for USD/JPY Recent price action in the pair hints at a continuation of the long term downtrend. Following a new year’s rally with the price of the USD/JPY climbing to 83.70, the pair has begun a new decent with last week’s low coming in at 81.80. Renewed strength in the yen could spark another round of market intervention by the Japanese Ministry of Finance (MOF). In mid-September the MOF intervened in the FX market in order to weaken the Japanese yen. As the JPY continues to strengthen, traders should consider the MOF may intervene again should the yen push to new highs. A mark for traders to watch could be sustained selling of the USD/JPY below the 82 level. Tuesday’s meeting by the Bank of Japan and the accompanying monetary policy statement may offer harsh rhetoric for those FX traders that are intent on testing the will of Japanese policy makers to once again intervene in the foreign exchange market. Crude Oil – Crude Prices Recover from Thursday’s Decline Last week the price of spot crude oil reached a 2.5 year high but finished the week lower. An improving global economy along with positive economic sentiment is driving commodity prices higher. However, higher reported GDP numbers from China increases expectations of future monetary policy moves by China in order to stem the flow of inflation. Any tightening of Chinese monetary policy may limit growth rates as well as demand for commodities. Crude oil prices stabilized on Friday following a sharp decline of 2.75% on Thursday. This may present a buying opportunity in crude oil as the price approaches the $87.20 support level as well as the rising trend line from the August low that comes in today at the same price. Technical News EUR/USD Friday’s candlestick ended with a shaved head, indicating that momentum is to the upside. As such, traders should expect further gains in the pair with a target near the 61.8% Fibonacci retracement level from the November to January move. This level coincides with the resistance level from October at 1.3740. GBP/USD Since New Years the pair has booked impressive gains, climbing from a low of 1.5340 to last week’s high at 1.6060. The pair appears to be taking support from the 10-day exponential moving average which comes in today at 1.5885. This may be an appropriate level to place an entry limit buy order. USD/JPY On Thursday the pair found resistance at the 55-day moving average, an indicator that has shown in the past its ability to act as a support or resistance level. This level comes in today at 83.10. Support for the pair is found at last week’s low at 81.80. USD/CHF The downtrend in the pair continues with the price retracing a full 61.8% of the December move, and then abruptly turning lower. Traders should be short on the pair with a first support level at 0.9520. Resistance comes in at 0.9685 and 0.9780. The Wild Card Gold After completing a head and shoulders pattern last week with a breach below the rising neck line that runs under the October – January lows, the commodity appears to be reverting back towards the neck line. This may give forex traders another opportunity to enter short if the price reaches the neckline today at $1,360. Forex Market Analysis provided by ForexYard. © 2006 by FxYard Ltd Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.
EUR/CAD Set for Downward Correction (admin) Mon, 24 Jan 2011 12:48:36 +0000 By Dan Eduard The EUR/CAD pair has seen substantial bullish momentum as of late, moving up over 400 pips in the last week alone. Technical indicators are now showing that a downward correction is likely to occur in the near future, proving forex traders with an excellent opportunity to open up short positions for potentially significant profits. We will be looking at the 8-hour EUR/CAD chart provided by ForexYard. The technical indicators being analyzed are the Moving Average, Williams Percent Range, Stochastic Slow and Relative Strength Index. 1. The pair is currently hovering right below its Moving Average. Any further movement below the Moving Average line would signal an impending bearish move. 2. The Williams Percent Range is currently at the -10 level, which is generally considered to be well into the overbought area. 3. A bearish cross has formed on the Slow Stochastic, indicating a downward reversal is likely to occur in the very near future. 4. Finally, the Relative Strength Index is currently at 80, well above what is considered to be overbought. Traders are advised to open short positions before the downward breach occurs. Forex Market Analysis provided by ForexYard. © 2006 by FxYard Ltd Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.
UK Household Finances Hit Lowest Since 2009 (tdomf_75512) Mon, 24 Jan 2011 12:35:33 +0000 In Brief British households are more pessimistic about their finances now than at any time since April 2009, according to Markit. More UK businesses face financial woes than at any time in two years, according to Begbies Traynor. The Spanish Government’s moves to speed up restructuring its banking sector have been received well on the markets. In Depth GB According to research group Markit, British households are more pessimistic about their finances now than any time since April 2009. The group’s Household Finance Index for January came in at 36.1 – compared to 39.9 last month. The chief reasons include inflation and the recent VAT rise. Furthermore, more businesses are in financial trouble than any number since 2009, according to insolvency specialist Begbies Traynor. 147, 836 businesses face financial woes this quarter – a 4% increase on the same period two years ago – according to a newly released report. This could slow GDP growth for Q4 2010 to as little as 0.2%. Finally, Deputy Prime Minister Nick Clegg is talking about breaking up the banks into savings and investment firms this morning. His intention is to protect the public from bailing out the banks should another recession occur. However, his actions could be taken as meddling by bank executives, and sour feeling in the finance sector to the UK. EU The euro has been faring well since 2011 began – certainly compared to last year. Last week for instance, EU leaders moved closer to increasing the size the EFSF bailout fund, while the week before Spain and Portugal held successful bond auctions. These indicate that foreign investors have confidence these indebted nations can repair their finances. This streak of good news continues this Monday morning. For instance, the Spanish Government has signalled that it is speeding up restructuring its regional banks. These banks – unlike Spain’s national banks – lent too freely before the recession, and so took the brunt of the collapse. Hence the Government’s move has been received well on the markets. In addition, this morning new German and European PMI (Purchasing Manager’s Index) figures have been released. These report business conditions in the manufacturing and services sectors. The latest report shows that conditions in the German and European manufacturing sectors slowed slightly in January, but increased in the services sectors. Coming Up The Bank of England MPC (monetary policy committee) releases minutes of their latest meeting on Wednesday. Interest rates stayed the same, but any change in the rhetoric of committee members could impact on sterling sentiment. By Peter Lavelle with best currency broker Pure FX.

Silver Set for a Bullish Correction (admin) Tue, 25 Jan 2011 13:44:57 +0000 By Dan Eduard Since markets opened this week, the price of silver has dropped over 130 pips and is currently trading around the 26.60 level. Technical indicators are now showing that the precious metal may be due for a bullish correction in the near future. This could give ForexYard traders an excellent opportunity to open buy positions at a great entry price before the upward breach occurs. We will be looking at the daily chart for silver. The technical indicators being analyzed are the Williams Percent Range, Stochastic Slow and Relative Strength Index. 1. The Williams Percent Range is currently at the -90 level, well below what is considered to be oversold territory. Typically, when a commodity reaches this level, an upward correction soon follows. 2. The Stochastic Slow has just formed a bullish cross, further signaling that an upward correction is likely to occur. 3. The Relative Strength Index is currently approaching the oversold region. Should it breach the lower support line, silver will likely start to move north. Forex Market Analysis provided by ForexYard. © 2006 by FxYard Ltd Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.
UK Economy Contracts -0.5% In Q4 2010 (tdomf_75512) Tue, 25 Jan 2011 12:30:16 +0000 In Brief The first estimate of UK GDP for Q4 2010 shows a contraction of -0.5%. Talks between the Coalition and UK banks to increase lending and curb bonuses have collapsed. Bond auctions on the EFSF have been highly successful, and boosted confidence in the euro. Spain’s Government may not be doing enough to curb fears of an ECB bailout. In Depth UK The UK economy shrank -0.5% in the last quarter of 2010, according to figures released by the Office for National Statistics this morning. We can speculate the contraction was caused by the bad weather conditions throughout December and the Christmas season. However regardless of any hearsay it clearly suggests UK economic recovery is more fragile than previously thought. Furthermore, talks between the UK government and leading banks (known as Project Merlin) have collapsed today. The Coalition aimed to rein in excessive bonuses and increase lending from the banks to small businesses. However, last minute demands from Chancellor George Osborne were viewed as a step too far by the banks, and the talks faltered. EU The first ECB (European Central Bank) bond auction on the EFSF rescue fund was a massive success on Monday. Demand during the auction meant the EFSF bond was oversubscribed many times over. This suggests the markets have a great deal of confidence in the rescue fund, and bodes well for the euro. Furthermore, this morning the Gfk Consumer Confidence survey in Germany has been released. It reveals that German consumers are highly optimistic about their finances looking ahead to February. The survey increased to 5.7 this month, compared to 5.5 last month and estimates of 5.4. On the other hand, confidence in the Spanish Government’s restructuring of its finance sector is low this morning. The Government has stumped up the cash to restructure Spain’s regional banks (called cajas) but not its central banks. This has raised concerns that Spain isn’t doing enough to repair its financial sector, and could need an EU bailout. Coming Up The US Consumer Confidence survey for January is released this afternoon. It will indicate how confident US consumers are in their prosperity, and could affect the US dollar. In addition, this evening Bank of England Governor Mervyn King is scheduled to make a speech this evening. This will be closely watched for comments about the state of the UK economy. By Peter Lavelle with specialist currency broker Pure FX.
Daily Wrap: 1/24/11 (admin) Tue, 25 Jan 2011 01:10:36 +0000 Some traders were calling today’s market activity nothing short of a melt UP. The mood was pretty positive all around.
Week Ahead Market Report: 1/24/2011 (admin) Mon, 24 Jan 2011 23:05:57 +0000 Investors this week are hoping the markets positive momentum continues with good economic data and strong corporate earnings releases. Good morning, Im Kristin Bianco, with the Week Ahead Market Report for January 24, 2011.
What’s In Barrons: Week of January 24th 2011 (admin) Mon, 24 Jan 2011 21:13:04 +0000 Some of the major headlines from Barron’s this week includes that GE (GE) shares are poised to break new ground in 2011. Nvidia’s (NVDA) stock could practically double to $40. Salesforce’s (CRM) growth prospects can’t justify a sky-high price. While M&F Worldwide (MFW) is a cheap, speculative stock.General Electric, GE, Nvidia, NVDA, Salesforce, CRM, M&F Worldwide, MFW, Financial, News, Business, Stock, Trading, Market, Analysis
Halliburton’s Q4 Results Beat Expectations (admin) Mon, 24 Jan 2011 19:50:59 +0000 Oil services giant Halliburton (HAL) said today its fourth quarter earnings totaled $605 million, or $0.66 per share, compared to $243 million, or $0.27 per share, in the same quarter last year. Adjusted earnings of $0.68 per share beat analyst expectations, as did revenue that rose to $5.2 billion compared to $3.7 billion in the same quarter last year.
Paulson Made More Than $1 Billion on Citigroup Stake (admin) Mon, 24 Jan 2011 19:20:21 +0000 Jan. 24 (Bloomberg) — Paulson & Co., the $35.9 billion hedge fund run by John Paulson, told clients that it made more than $1 billion on its Citigroup Inc. investment in the last 18 months. Citigroup was the fund’s most profitable bank holding last year, Paulson said in a letter to clients this month. Bloomberg’s Julie Hyman reports. (Source: Bloomberg)
The State of the Markets – My Trading Analysis & Predictions (admin) Mon, 24 Jan 2011 12:44:23 +0000 By David Bansiter, ActiveTradingPartner.com I’ve been forecasting a Mid January top in the SP 500 (Us Markets) for multiple weeks now well in advance. My work had looked for 1285 as a minimal upside rally from the 1173 4th wave lows. The range was 1285-1315, we have been to 1296 but that pretty much should have capped off the rally. Here are some further thoughts: Copper, Gold, Silver- All topping and rolling over for now. A few weeks ago I began to go bearish on Gold (And with it of course Silver), and the Elliott Wave patterns became very muddy and unclear. This was a warning signal. Also, the inability of Gold to pierce through the 1425-30 highs for a 3rd attempt indicated a triple top failure which I eluded to in an Email bulletin a few weeks back. The Gold, Copper, Silver topping and rollover movements are warning signals to be more cautious. Gold should work down to 1270-1280 eventually, and Silver to 25-26.50 ranges likely. Small Cap Index- The TZA ETF I suggested on TMTF recently had a huge 2 day reversal rally on Thursday and Friday of this trading week. TZA Closed just over 16 and I see it moving to 19-20. We are long also in my ATP advisory service for insurance and gains potential. The Russell 2000 is rolling over first, which makes sense because the sentiment and strong economic rebound from the summer lows has peaked out. Small Caps are likely to correct the hardest in this wave pattern down, and so we shorted them instead of shorting the large caps or SP 500. To wit, this week the small caps dropped 3.5% and the SP 500 only 0.8%. IBD 100- The Investors Business Daily top 100 fell 5.4% this week collectively. A quick scan of the charts on those 100 reveals a lot of topping and weakness patterns to me. These would be considered leader small cap and mid cap growth stocks, and suggests further evidence of continuing correction in the markets. Elliott Wave theory is scoffed at by many investors because they have been led to believe that Robert Prechter is apparently the only person on earth who has a license to use them. I’ll reserve my comments on his abilities, but you can gather that I tend to often disagree with his views and leave it at that. EWT works extremely well in the right hands, and that is why I launched TMTF last year, to share my views and my methods. This has allowed me to confirm summer bottoms at 1040 this year based on the movement from 1120 to 1040 (Which we also forecast). This allowed me to call a top on November 5th at 1225 after going just over my 1220 predictions made weeks in advance. This allowed me to call a bottom 4th wave at 1173-75 and a resulting rally to 1285 in advance. Not to mention April 2010 and January 2010 tops within days. Still think EWT is bunk? Try ignoring those who are biased and trade their biases. I dont trade Gold, Silver, or the SP 500 futures or indexes… that allows me to remain 100% objective and not force wave counts into my personal opinions. EWT is not perfect, but nor is any forecasting methodology or technical analysis strategy. They all have their flaws. However, I try to blend in a few elements to back up my EW forecasts, so as to eliminate too many mistakes. Sentiment readings for one, and Fibonacci sequences for another. Bottom line: I continue to be cautious on the markets and believe the SP 500 will drop to 1170-1180 on the LOW END, with 1210-1229 possible as the shallower end of a correction. The Russell 2000 will take the hardest hit, and probably has another 8-9% downside left before a bottom pivot. We remain long TZA to short that index at 3x multiple over at my ATP service. I have not shorted the SP 500 or large Caps on purpose, because I think the best place to short is small caps. I continue to recommend high cash positions for now (Im about 40%) so that you have money to buy into an oversold wave 2 bottom in the markets when it occurs. Gold will continue to correct with a bounce at 1310-1320 areas likely. I see it getting to 1270-1280 though as most likely. Large Caps are likely to outperform small caps in 2011, as the bulk of the economic trough and rebound have now occurred and been priced in. Gold may struggle for several months but has a shot at hitting $1500-$1515 by years end, but one month at a time. That said, selective stock picking will always have the ability to trounce the index averages, and that is what I do over at ATP (ActiveTradingPartners.com). Stay tuned. If you would like to benefit from learning more about my methods, which have been historically accurate, please check us out at www.activetradingpartner.com There is a coupon available if you’d like to subscribe and save $150 just email me at Dave@ActiveTradingPartners.com or you can sign up for free occasional reports. David Bansiter
Weekly Forecast: USD to Pare Losses this Week? (admin) Mon, 24 Jan 2011 12:43:40 +0000 By Greg Holden The US dollar’s mixed results last week, on a fundamental level, may be broken down to a shift in risk appetite and consumer confidence. From a technical standpoint, the movement looks like a consolidating retracement against most of its rivals in anticipation of this week’s news. Here is a breakdown of this week’s events to give you an idea of how the US dollar will be affected in the days ahead. Tuesday: 9:30 GMT: GBP – Prelim GDP; Public Sector Net Borrowing - Both the US dollar (USD) and British pound (GBP) are expecting intense volatility this week, kicking off Tuesday with these two highly impacting reports from Great Britain. Gross Domestic Product (GDP) data tends to create a period of portfolio adjustment by large investors and banks while net borrowing figures represent debt and spending levels in the public sector. Traders should anticipate some intense volatility during this time. 15:00 GMT: USD – CB Consumer Confidence - Traders experienced last week what a shift in confidence can do to safe havens and higher yielding assets. The EUR rebounded last week against the USD as higher optimism allowed for a move into riskier assets. If today’s consumer confidence shows growing optimism in the United States we could see last week’s trend reverse, but the give-and-take between these two will certainly create intense volatility in the minutes after this publication. Wednesday: 19:15 GMT: USD – Federal Funds Rate and FOMC Statement - The Federal Open Market Committee (FOMC) will be releasing a statement about the latest round of interest rate decisions by the Federal Reserve Board on Wednesday evening. Interest rates are expected to remain near 0% for the foreseeable future, but the statement released by the FOMC has the potential to hint at future decisions and speculators take that time to adjust their positions simultaneously, boosting liquidity and potentially shifting the trends of the USD against its currency rivals. Thursday: 13:30 GMT: USD – Core Durable Goods Orders - Durable goods orders represents the level of percent change in demand for manufactured goods in the United States. Any decline in manufacturing tends to push the US dollar downward as it signals fewer investors purchasing the greenback in order to buy American goods. If the figure comes in at 0.9% as expected, a decline from last month’s reading, traders may anticipate a bearish USD immediately after it’s publication. 13:30 GMT: USD – Unemployment Claims - The weekly unemployment claims doesn’t usually have a significant impact on the USD unless the figure is remarkably different than expectations. This week’s report is forecast to remain more or less unchanged from last week’s, meaning the potential for a shocking release is greater than normal. Traders should expect high volatilty on Thursday. Friday: 10:00 GMT: CHF – KOF Economic Barometer - The Swiss Konjunkturbarometer (KOF) is a combined reading of twelve economic indicators related to banking confidence, production, new orders, consumer confidence and housing in Switzerland. It is perhaps the most significant report released by the Swiss regarding their economy and tends to have a great impact on the Swiss franc. This month’s reading is expected to have increased from last month’s, suggesting a continuation of the franc’s bullish behavior. 13:30 GMT: USD – Advance GDP - As with the British Prelim GDP released earlier in the week, the American Advance GDP tends to greatly shift investor portfolios leading to significant swings in USD values. This reading of the American GDP is expected to reveal 3.5% growth in value for American goods, adjusted for inflation, in an annualized format. Meaning, if the data comes in line with expectations, dollar values may increase as it may greatly boost investor appetite for US goods and services. What to expect: Last week’s movement among USD pairs and crosses may end up being determined as the beginning of a short-term consolidation pattern since this week’s news is set to effect the greenback heavily. Most reports seem to suggest relative calm, and perhaps even growth, for the US economy. This suggests that, if last week’s movements were in fact a consolidation pattern, this week’s movements may actually see the greenback recovering its losses and shifting back into a bullish posture. Traders should be anticipating the tip of the consolidation trend and the impending reversal. Forex Market Analysis provided by ForexYard. © 2006 by FxYard Ltd Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.
What Is The Best Time Of The Day To Trade Forex? (admin) Mon, 24 Jan 2011 12:00:56 +0000 By James Woolley The forex markets are open 24 hours a day between Monday and Friday which means that anyone in the world can conveniently trade at some point during the day. However, some times are more volatile and profitable than others. The most volatile period of the day is between 1.30 and 4.30pm UK time which is around the time that US traders start trading the markets. More significant is the fact that a lot of economic data releases are announced during this period, which can cause dramatic swings and increased volatility in the currency markets, particularly the dollar-related pairs. However although volatility is good to an extent, it’s not necessarily the best time to trade because these announcements can cause wild and unpredictable swings which generally does not equate to profits. The resulting move in the more significant of the data releases will often counteract conventional technical analysis as well making it extremely difficult to make any profits. The only people to benefit from trading during this period are the tiny minority of news traders who are capable of benefiting from such swings. For most of us the ideal time to trade is when you get large market moves and trends that are more predictable, conform well to technical analysis, and is during a time when there are no major economic news announcements scheduled. Luckily such a period does exist and it is basically the start of the European trading session between 8.00 and 12.00 (or you could even say 6.00-12.00 because you often get strong moves from 6.00 onwards). This is an excellent time to trade because it’s the most heavily traded session, so you get decent sized moves, and it’s generally free of any market-moving announcements so you can concentrate fully on technical analysis. Unfortunately not everyone around the world can trade during this time due to time differences and the inconvenience of trading at an awkward time of the day, so for those people the next best time to trade is during the Asian session. The Yen related pairs in particular are the best pairs to trade during the Asian session, as you would imagine, as the other major pairs are extremely quiet during this time of the day. So in conclusion, the best time of the day to trade the forex markets in my experience is the start of the European trading session where you get large swings and few market-moving announcements to contend with. If you’re trading the major currency pairs, you will find that the other times of the day are either too quiet or too volatile, unless you’re trading Yen pairs which move strongly during the Asian trading session. About the Author James Woolley runs a blog offering tips and strategies related to forex currency trading and a review of Forex Trading Machine

FXSTREET.COM

Forex: GBP/USD bounces around 1.5800 following King’s commentary () Tue, 25 Jan 2011 20:48:00 GMT FXstreet.com (Barcelona) - Cable once again dipped below support at 1.5800, reaching as low as... For more information, read our latest forex news.
Forex: USD beat up late NY trade, EUR/USD reaches 1.3700 () Tue, 25 Jan 2011 20:40:00 GMT FXstreet.com (Barcelona) - The American currency is having a hard time to contain losses this... For more information, read our latest forex news.
Forex: USD/CHF extends 3-week low () Tue, 25 Jan 2011 20:25:00 GMT FXstreet.com (Barcelona) - The Swissy has been able to muster significant gains over the course of... For more information, read our latest forex news.
Forex: USD/JPY slides towards 82.00 () Tue, 25 Jan 2011 19:17:00 GMT FXstreet.com (Barcelona) - The last hour has seen the USD/JPY come under considerable pressure to... For more information, read our latest forex news.
Forex: EUR/USD recovery capped at 1.3660 () Tue, 25 Jan 2011 18:27:00 GMT FXstreet.com (Barcelona) - The EUR/USD began to bounce from support around 1.3610, however failed... For more information, read our latest forex news.
Crude oil drops under $87.00 () Tue, 25 Jan 2011 18:18:00 GMT FXstreet.com (Barcelona) - A volatile dollar as well as supply concerns have pushed crude futures... For more information, read our latest forex news.
Forex: GBP/USD consolidating above 1.5800 () Tue, 25 Jan 2011 17:37:00 GMT FXstreet.com (Barcelona) - Cable has returned to settle above the 1.5800 zone, following its... For more information, read our latest forex news.
Forex: USD/JPY back to daily low () Tue, 25 Jan 2011 17:07:00 GMT FXstreet.com (Buenos Aires) – Pair bullish spike did not last, and price is back down, with the... For more information, read our latest forex news.
Forex: EUR/USD returns to 1.3620 () Tue, 25 Jan 2011 16:50:00 GMT FXstreet.com (Barcelona) - Despite showing bullish tendencies just prior and reaching as high as... For more information, read our latest forex news.
Forex: Dollar picks up as stocks sunk () Tue, 25 Jan 2011 16:42:00 GMT FXstreet.com (Buenos Aires) – With Wall Street indexes at fresh daily lows, dollar managed to pick... For more information, read our latest forex news.
Forex: EUR/USD, regaining the upside, approaches 1.3685 high () Tue, 25 Jan 2011 15:50:00 GMT FXstreet.com (Barcelona) - Euro pullback from two-month high at 1.3685 has found support at 1.3570... For more information, read our latest forex news.
Forex: USD/CHF remains near 0.9425 () Tue, 25 Jan 2011 15:48:00 GMT FXstreet.com (Barcelona) - Despite showing early signs of beginning to stage a recover, the USD/CHF... For more information, read our latest forex news.
Forex: USD/JPY jumps to 82.65 resistance after consumer confidence () Tue, 25 Jan 2011 15:25:00 GMT FXstreet.com (Barcelona) - The Dollar has pushed higher against the Japanese Yen buoyed by stronger... For more information, read our latest forex news.
Forex: EUR/JPY rises to 112.60 () Tue, 25 Jan 2011 15:20:00 GMT FXstreet.com (Barcelona) - The EUR/JPY received a jolt of impulse to the upside on opening bell... For more information, read our latest forex news.
The Richmond Fed US Manufacturing Index declines past expectations () Tue, 25 Jan 2011 15:15:00 GMT FXstreet.com (Barcelona) - The Richmond branch of the Federal Reserve presented today January's... For more information, read our latest forex news.
The US Housing Price Index still subdued () Tue, 25 Jan 2011 15:14:00 GMT FXstreet.com (Barcelona) - The FHFA released the US Housing Price Index at a 0.0% in November,... For more information, read our latest forex news.
Consumer Confidence improves in the US () Tue, 25 Jan 2011 15:10:00 GMT FXstreet.com (Barcelona) - The conference Board reported that Consumer Confidence climbed a notch... For more information, read our latest forex news.
US Housing Price Index, unchanged in in Nov following a 0.2% increase in October () Tue, 25 Jan 2011 15:02:15 GMT FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news.
US Consumer Confidence improves to 60.6 in Jan from 53.3 () Tue, 25 Jan 2011 15:02:14 GMT FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news.
Forex: EUR/CHF retreat from 1.3070 extends to 1.2820 low () Tue, 25 Jan 2011 15:01:00 GMT FXstreet.com (Barcelona) - The Euro is dropping sharply amid generalized Swiss Franc strength, as... For more information, read our latest forex news.
US Jan Richmond Fed Manufacturing Index declines to 18 in Jan () Tue, 25 Jan 2011 14:59:35 GMT FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news.
forex: GBP/USD: Below 1.5911/1.6013, on a multi-wek bearish move - MIG () Tue, 25 Jan 2011 14:43:00 GMT FXstreet.com (Barcelona) - Pound's failure to print a week close above 1.5911/1.6030, confirms that... For more information, read our latest forex news.
Forex: USD/JPY, choppy consolidation above 82.25/30 support () Tue, 25 Jan 2011 14:18:00 GMT FXstreet.com (Barcelona) - Dollar retreat from 83.15 high on January 20 extended yesterday, after... For more information, read our latest forex news.
The S&P/Case-Shiller US Home Price Indeces slide continues () Tue, 25 Jan 2011 14:14:00 GMT FXstreet.com (Barcelona) - The report released by S&P/Case-Shiller showing the results from their... For more information, read our latest forex news.
Forex: USD/CHF extends to 0.9420 () Tue, 25 Jan 2011 14:05:00 GMT FXstreet.com (Barcelona) - The Swiss franc continues to strengthen against major rivals, pushing... For more information, read our latest forex news.
US S&P/Case-Shiller Home Price Indices (YoY) down -1.6% in Nov from -0.8% () Tue, 25 Jan 2011 14:00:17 GMT FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news.
EFSF bond auction successful () Tue, 25 Jan 2011 13:18:00 GMT FXstreet.com (Barcelona) - Reports suggest the 5B euro bond auction, the first, conducted by the... For more information, read our latest forex news.
Forex: AUD/USD drops to 0.9900 () Tue, 25 Jan 2011 13:08:00 GMT FXstreet.com (Barcelona) - Despite creeping back towards parity in late trading over Asia, the... For more information, read our latest forex news.
Forex: USD/CAD squeezed to 1.0000 after Canadian CPI () Tue, 25 Jan 2011 12:22:00 GMT FXstreet.com (Barcelona) - Dollar retreat from yesterday's high at 0.9980 found support at 0.9910... For more information, read our latest forex news.
Canada: monthly CPI edges lower; despite rising over the year () Tue, 25 Jan 2011 12:22:00 GMT FXstreet.com (Barcelona) - According to the Bank of Canada, the monthly CPI declined slightly more... For more information, read our latest forex news.
Canada BoC Core CPI Core drops 0.3% in Dec; 1.5% up year on year () Tue, 25 Jan 2011 12:01:23 GMT FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news.
Canadian CPI unchanged Dec; rises 2.4% () Tue, 25 Jan 2011 12:01:16 GMT FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news.
Forex: EUR/USD downside limited at 1.3570 () Tue, 25 Jan 2011 11:47:00 GMT FXstreet.com (Barcelona) - The Euro tried to rally higher on Asian and European sessions although... For more information, read our latest forex news.
European markets mixed; Pound plunges as UK GDP contracts () Tue, 25 Jan 2011 11:26:00 GMT FXstreet.com (Barcelona) - European markets are mixed after having opened Tuesday's session on a... For more information, read our latest forex news.
Forex: EUR/GBP rally extends above 0.8600 on weak UK GDP () Tue, 25 Jan 2011 10:36:00 GMT FXstreet.com (Barcelona) - Euro uptrend from early January lows at 0.8280 area has extended sharply... For more information, read our latest forex news.
Forex: GBP/JPY dives below 130.00 weighed by UK GDP () Tue, 25 Jan 2011 10:21:00 GMT FXstreet.com (Barcelona) - Pound's retreat from 1.3235 high on Friday and early Monday, has... For more information, read our latest forex news.
Forex: GBP/USD plunges below 1.5800 after GDP () Tue, 25 Jan 2011 10:06:00 GMT FXstreet.com (Barcelona) - The Pound, rejected once again at 1.6000 resistance has reversed sharply... For more information, read our latest forex news.
EFSF gears up for first bond sell () Tue, 25 Jan 2011 10:02:00 GMT FXstreet.com (Barcelona) - The European Financial Stability Fund will sell about 5B euros today.... For more information, read our latest forex news.
The Index of Services in the UK losses momentum () Tue, 25 Jan 2011 09:57:00 GMT FXstreet.com (Barcelona) - The Index tracking the growth in gross value added in the services... For more information, read our latest forex news.
CORRECTION: Pound plummeting after unexpected GDP contraction () Tue, 25 Jan 2011 09:54:00 GMT FXstreet.com (Barcelona) - The Pound is plunging against its main rivals, after the unexpected... For more information, read our latest forex news.

The Economictimes

Yuan hovers near record high; PBOC paces appreciation () Tue, 25 Jan 2011 09:09:40 GMT China's yuan steadied versus the dollar on Tuesday, hovering near its record trading high, after the People's Bank of China set the mid-point at a new peak but up only slightly from Monday's fixing, traders said.
Rupee trims rise tracking shares; dollar loss aids () Tue, 25 Jan 2011 08:59:15 GMT Rupee trimmed gains tracking a choppy domestic sharemarket, but the dollar's losses versus major currencies continued to support the local unit.
S.African rand seen firming further; govt bonds gain () Tue, 25 Jan 2011 06:45:12 GMT South Africa's rand steadied against the dollar on Tuesday, with dealers expecting it to trade firmer in the session.
Yuan steady, c.bank sets another record high fixing () Tue, 25 Jan 2011 05:24:44 GMT China's yuan steadied versus the dollar on Tuesday, hovering near its record trading high, after the People's Bank of China set the mid-point at a new peak but up only slightly from Monday's fixing, traders said.
Rupee gains on euro, stocks rise; RBI policy eyed () Tue, 25 Jan 2011 05:09:37 GMT The Indian rupee strengthened on Tuesday, supported by the euro's gains against the dollar and firmer local stocks.
Aussie dollar unsettled by benign CPI; NZD outperforms () Tue, 25 Jan 2011 05:06:49 GMT The Australian dollar slid about half a U.S. cent on Tuesday in the face of lower-than-expected consumer inflation data.
Won at 3-day high as foreigners buy stocks, bonds () Tue, 25 Jan 2011 04:49:26 GMT The South Korean won hit a three-day high against the dollar as foreign investors swung to net buyers of local stocks and bonds.
Euro closes in on 2-month high, Aussie falls on CPI () Tue, 25 Jan 2011 04:30:39 GMT The euro rose near a two-month peak on Tuesday, showing only the barest signs of fatigue after a rally in the past two weeks.
Dollar down against euro after hitting 2-month low () Mon, 24 Jan 2011 23:26:57 GMT The dollar slid to a two-month low against the euro on Monday amid a perception that the European debt crisis is easing and the ECB could lift interest rates.
Indian rupee weakens tracking euro; shares limit fall () Mon, 24 Jan 2011 16:56:24 GMT The Indian rupee weakened on Monday, weighed by losses in the euro versus the dollar but gains in domestic shares helped limit further downside.
Yuan closes at record high; all eyes on China FX policy () Mon, 24 Jan 2011 10:09:39 GMT China's yuan ended at a record high versus the dollar on Monday after it traded above the central bank's mid-point and traders said the currency appeared poised for slow but steady appreciation this year.
Rouble rises again, prices in cbank tightening () Mon, 24 Jan 2011 09:01:04 GMT The rouble rose in early trade on Monday, recovering from a bout of profit-taking at the end of last week, as market players prepared to pay taxes and priced in an expected tightening in central bank monetary policy.
Rupee weakens as dollar gains broadly; shares eyed () Mon, 24 Jan 2011 08:58:32 GMT Rupee reversed early gains and weakened on Monday afternoon tracking a rise in the dollar versus major currencies globally.
Yuan edges up vs dollar; China FX policy in spotlight () Mon, 24 Jan 2011 06:55:15 GMT China's yuan rose a touch versus the dollar on Monday after it traded above the central bank's mid-point and traders said the currency appeared poised for slow but steady appreciation this year.
S.Africa rand recovers from 8-week low, bonds weak () Mon, 24 Jan 2011 06:52:55 GMT South Africa's rand firmed slightly against the dollar on Monday, recovering from near 8-week lows seen at the end of last week as the greenback wobbled and metal prices rose.
Taiwan dollar nears 13-year high on exporter demand () Mon, 24 Jan 2011 06:31:25 GMT Taiwan dollar nears a fresh 13-year high against the dollar, pushed up by exporters' demand, while dealers say the central bank was seen intervening to defend 29.00 per dollar level.
Australian dollar struggles ahead of CPI; NZD flat () Mon, 24 Jan 2011 04:55:31 GMT The Australian dollar slipped on Monday after lower-than-expected producer prices stirred speculation that upcoming consumer prices could also be benign, bolstering the case for the central bank to keep rates on hold for longer.
Euro off 9-week high, holds above 50 pc retracement () Mon, 24 Jan 2011 04:48:21 GMT The euro backed away from a nine-week high on profit-taking on Monday, though easing euro zone debt worries supported the single currency.
Rupee inches up 6 paise against US dollar () Mon, 24 Jan 2011 04:27:01 GMT The Indian rupee strengthened by 6 paise to Rs 45.56 per dollar in early trade on the Interbank Foreign Exchange today.
Rally may see accelerated move to test 46.10 levels in the short term () Mon, 24 Jan 2011 01:00:14 GMT Post the rally seen in November 2010 from 44.20 to 46.11 levels, we have entered into a sideways consolidation where we have been trading in a range of 44.70 to 45.70 levels.
Forex reserves jump $3.4 bn to touch $297.3 bn () Sat, 22 Jan 2011 00:29:54 GMT Foreign exchange reserves rose $3.4 billion during the week ended January 7. The latest figures released by the RBI on Friday show that the total foreign exchange reserves, including gold and special drawing rights SDR - rose $2,303 million to touch $297.33 billion during the week ended January 7.
Rupee retreats from 7-wk lows; euro rise boosts () Sat, 22 Jan 2011 00:29:30 GMT Traders said a choppy domestic share market raised concerns about sustained foreign fund withdrawals, which could pressure the rupee downwards.
NSE currency options trade crosses $ 500 mn mark () Fri, 21 Jan 2011 16:22:52 GMT The National Stock Exchange today said it has crossed the $ 500 million mark in the value of currency options traded.
Euro at 2-month dollar high as GE boosts stocks () Fri, 21 Jan 2011 16:14:10 GMT By late afternoon London time, the euro was up 0.9 percent at a fresh two-month high of $1.3592.
Rupee ends at 45.6150/6250 () Fri, 21 Jan 2011 13:45:42 GMT The rupee ended at 45.6150/6250 versus 45.53/54 per dollar on Thursday, however it recovered from its seven-week low of 45.77.

BRIC inflation is threatening consumer stocks () Tue, 25 Jan 2011 20:10:29 GMT Consumer shares were the second-worst performers among 10 industries in periods of rising inflation since 2001, according to Morgan Stanley.
America is where the money is, global investors now feel () Tue, 25 Jan 2011 20:01:12 GMT Global investors are taking more risks with their money and targeting the US as one of the best places to put their funds.
Blue-chip earnings pull Wall St lower () Tue, 25 Jan 2011 17:45:29 GMT Stocks fell on Tuesday weighed by disappointing blue-chip earnings, including 3M and Johnson & Johnson, ahead of U.S. President Barack Obama's State of the Union speech.
Weak earnings from J&J, 3M push stocks lower () Tue, 25 Jan 2011 17:41:47 GMT Weak earnings from Johnson & Johnson, 3M Co. and other heavyweights drove stocks down in morning trading Tuesday.
UK university pension fund ups emerging markets () Tue, 25 Jan 2011 16:44:52 GMT Britain's second-largest pension fund is putting more money into emerging markets and hedge funds, as it moves to dilute exposure to stocks that left it reeling in the financial crisis, its chief investor said.
European shares fall as UK economy contracts () Tue, 25 Jan 2011 11:00:25 GMT European shares fell after Britain's economy unexpectedly shrank in the fourth quarter and Spanish banks retreated after a recent strong run.
World stock markets mixed ahead of Fed meeting () Tue, 25 Jan 2011 09:58:17 GMT World shares were mixed on Tuesday ahead of the US Federal Reserve's first interest rate meeting of the year.
European shares turn negative, led by banks () Tue, 25 Jan 2011 09:01:12 GMT European shares reversed slim gains and turned negative, with banks lower on worries about exposure to peripheral economies of euro zone.
European shares edge up; Siemens gains () Tue, 25 Jan 2011 08:15:02 GMT European shares edged up in early trade on Tuesday, tracking gains on Wall Street and in Japan, on optimism for the earnings season.
Bangladesh stocks soar as trading resumes () Tue, 25 Jan 2011 07:32:05 GMT Shares on the Dhaka Stock Exchange soared Tuesday when the market re-opened after a series of plunges that forced trading to be halted repeatedly and triggered clashes between investors and police
Nikkei rises for second day on earnings optimism () Tue, 25 Jan 2011 07:23:02 GMT Japan's Nikkei average climbed for a second straight session, breaching a key resistance level as it regained some of the ground lost last week.
China stocks end down 0.7 pc at nearly 4-month low () Tue, 25 Jan 2011 07:16:59 GMT China's main stock index closed down 0.7 percent on Tuesday, led by resource stocks, as a money market squeeze reduced cash flow into the stock market, adding to investor woes as confidence was already hurt by lingering worries over monetary tightening steps.
Asian stocks rise, earnings, central banks in focus () Tue, 25 Jan 2011 06:32:15 GMT Asian stocks rose on Tuesday, with the Nikkei gaining more than 1 per cent , on optimism that companies will report strong earnings.
Seoul shares end up 0.2 pc lifted by techs, autos () Tue, 25 Jan 2011 06:17:03 GMT Seoul shares edged up after US stocks rose, with technology and auto plays including LG Display and Hyundai Motor leading the way.
Taiwan stocks close higher; tourism, financials lead () Tue, 25 Jan 2011 05:58:52 GMT Taiwan stocks closed up 0.49 percent on Tuesday, with tourism shares jumping nearly 2 percent after a report that individual mainland Chinese might soon be able to freely travel to the island.
Australia shares end up 0.5 per cent, resources lead () Tue, 25 Jan 2011 05:26:14 GMT Australian stocks finished 0.5 percent higher on Tuesday, with the heavyweight resources sector leading the way after a rise in metal prices, while tame inflation data also supported the market.
Asia stocks rise, earnings, central banks in focus () Tue, 25 Jan 2011 04:17:54 GMT Asian stocks rose on Tuesday, with the Nikkei gaining more than 1 per cent, on optimism that companies will report strong earnings.
Nikkei gains on hopes for robust earnings () Tue, 25 Jan 2011 00:28:38 GMT Japan's Nikkei average rose with optimism ahead of earnings and a rebound in global equities after last week's pull-back lifting investor sentiment.
Dow average nears 12,000 as tech stocks climb () Mon, 24 Jan 2011 22:00:22 GMT The broader Standard and Poor's 500 index rose 7.49, or 0.6%, to 1,290.84. The Nasdaq composite gained 28.01, or 1%, to 2,717.55.
Bank valuations stuck at 2009 lows showing no crisis recovery () Mon, 24 Jan 2011 21:10:01 GMT Valuations for US financial stocks have fallen so far, it's like the rebound from the worst crisis since the 1930s never happened.
US financial stocks' valuation stuck at 2009 lows () Mon, 24 Jan 2011 18:33:44 GMT The group is the second-cheapest among 10 industries in the gauge even as analysts say profits will rise 18% this year.
Euro at 2-month highs, stocks advance () Mon, 24 Jan 2011 17:47:33 GMT The euro climbed further on Monday on hopes the euro zone is on track to stabilize its debt problems while stocks rose as investors tried to revive a rally that had pushed world equities to August 2008 levels.
Nasdaq rises 1 percent, boosted by techs () Mon, 24 Jan 2011 17:36:31 GMT U.S. stocks extended gains, with the Nasdaq composite index up 1 percent, as a buyback plan by Intel focused investors' attention on the large-cap technology sector.
US stocks inch up in early trading after earnings () Mon, 24 Jan 2011 15:25:22 GMT US stocks are edging higher as investors weigh another round of corporate earnings reports.
Banks drag FTSE down on capital fears, Europe woes () Mon, 24 Jan 2011 10:06:16 GMT Britain's top share index eased in Monday morning trade as weaker banks, hit by worries over further capital constraints and stability in the euro zone, more than offset gains in defensives.

OIS curve to steepen; more rate hikes seen () Tue, 25 Jan 2011 09:03:11 GMT Indian overnight indexed swaps (OIS) eased on Tuesday after the central bank raised interest rates as expected.
Cash rates steady, RBI review eyed () Tue, 25 Jan 2011 06:01:08 GMT Indian cash rates were steady on Tuesday as cash supply in the banking system was adequate to meet demand for funds.
1 year OIS at 27-month high; rate worry intensifies () Mon, 24 Jan 2011 08:55:18 GMT Overnight indexed swaps rose on Monday to more than 27-month highs, amid increased nervousness ahead of the monetary policy.
Cash rate up as lenders seek higher returns () Mon, 24 Jan 2011 07:07:15 GMT Indian cash rates rose marginally on Monday as some lenders held back funds on hope of higher returns begining Tuesday.
Ten-year benchmark to range within 8.10-8.30% () Sun, 23 Jan 2011 19:55:24 GMT In an attempt to boost liquidity, RBI has bought approximately 67,000 crore since November 2010. This has had a favourable impact on government bond yields.
Cash rates end steady on improved supply () Fri, 21 Jan 2011 14:52:13 GMT Under the OMO bond purchase programme, which ended last Wednesday, the RBI bought 370.68 billion rupees of papers as against 480 billion rupees scheduled.
Indian banks raise Rs 2 bn via CDs () Fri, 21 Jan 2011 14:26:06 GMT Indian banks raised 2 billion rupees via certificates of deposits (CDs) on Friday compared with 9.5 billion rupees on Thursday.
Indian long end OIS rise tracking bond yields () Fri, 21 Jan 2011 12:44:52 GMT However, the overall undertone remained cautious ahead of the 110-billion-rupee bond auction details, high inflation, and rising oil prices.
Cash rates rise on strong demand; liquidity stays tight () Fri, 21 Jan 2011 08:03:51 GMT Indian cash rates edged higher on Friday with demand staying high in the first week of the reporting fortnight.
OIS fall; traders cut paid positions, rate view ease () Fri, 21 Jan 2011 08:00:36 GMT OIS were trading steady to down as some traders cut their paid positions taken earlier this week on rate hike and inflation worries.
Rupee ends at 45.53/54 () Thu, 20 Jan 2011 14:52:12 GMT The rupee closed at 45.53/54 vs 45.45/46 per $ on Wed, as a late pull-back in shares and a reversal in the dollar's gains.
Indian OIS steady amid cautious mood; RBI policy eyed () Thu, 20 Jan 2011 08:32:41 GMT Indian overnight indexed swaps (OIS) moved in a thin band on Thursday as most traders were unwilling to take big positions ahead of the central bank's policy review next week.
Indian cash rates flat on adequate supply () Thu, 20 Jan 2011 07:06:41 GMT Indian cash rates were steady on Thursday as liquidity in the banking system was sufficient to meet banks' demand for funds.
Indian 5-year OIS eases with food inflation () Thu, 20 Jan 2011 06:27:34 GMT India's five-year benchmark five-year overnight indexed swap eased after data showed a marginal easing in food prices, traders said.
Indian cash rates end up on strong demand () Wed, 19 Jan 2011 12:58:28 GMT Liquidity injection from RBI through bond purchases in the secondary market under open market operations also helped to contain the rise in cash rate.
Indian cash rates end up on strong demand () Wed, 19 Jan 2011 12:53:48 GMT Indian cash rates ended up on Wednesday as demand was strong and liquidity in the banking system continued to be in deficit.
Indian OIS nearly steady, mood dull ahead of policy () Wed, 19 Jan 2011 08:35:04 GMT Indian overnight indexed swaps (OIS) were nearly steady in lacklustre trades on Wednesday as traders preferred to stay on sidelines.
Indian cash rates rise on strong demand () Wed, 19 Jan 2011 08:22:47 GMT Indian cash rates rose on Wednesday as demand was strong and liquidity in the banking system continued to be in deficit.
India may sell 91-day t-bills at 7.18 pc: Poll () Wed, 19 Jan 2011 06:21:25 GMT RBI may sell 91-day t-bills at 7.18 percent and 182-day bills at 7.38 percent, according to the median estimate of 17 respondents in a Reuters poll.
Indian OIS end little changed, fresh triggers awaited () Tue, 18 Jan 2011 16:24:38 GMT The benchmark five-year swap rate ended at 7.97 percent, up 1 basis point from previous close. The rate moved in 7.93-7.98 percent.
Call rates ends down as demand wanes () Tue, 18 Jan 2011 12:08:59 GMT Under the scheduled OMO bond purchase programme which ended last Wednesday, the RBI bought 370.68 billion rupees of papers as against 480 billion rupees scheduled.
Indian call rates stay firm as demand strong () Tue, 18 Jan 2011 07:32:16 GMT Indian cash rates were above the central bank's main lending rate of 6.25 percent on Tuesday as demand was strong.
Indian cash rates inch higher on strong demand () Mon, 17 Jan 2011 07:10:42 GMT Indian cash rates crawled higher on Monday on back of strong demand for funds at the start of a new reporting fortnight.
India 5-yr OIS hits 1-wk low, but downside limited () Fri, 14 Jan 2011 10:00:00 GMT Indian five-year overnight indexed swaps (OIS) eased for a second straight session on Friday as foreign funds' debt buying supported sentiment.
India cash steady on reporting day on better supply () Fri, 14 Jan 2011 07:15:14 GMT Indian cash rates held steady on Friday despite banks borrowing for 3 days as liquidity conditions have improved significantly in past few days.

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