Euribor lending rates rose to near a two-year high
Wednesday, 13 April 2011 01:14
Euribor lending rates rose to near a two-year high yesterday mainly off the back of expectations that the European Central Bank will continue to increase euro zone interest rates this year. The three-month Euribor rate rose to 1.327 percent from 1.320 percent on Tuesday.
Read MoreUK unemployment numbers out
Wednesday, 13 April 2011 12:10
UK unemployment fell unexpectedly in the three months to February, and employment rose as figures came out Wednesday, suggesting a modest improvement in the labour market.
Read MoreMacro Events
Wednesday, 13 April 2011 07:03
Global macro events, 13th ~ 15th April.
Read MoreGoldman bailing out of commodities?
Tuesday, 12 April 2011 11:31
Large movements in the commodity markets today were initially driven by Goldman Sachs, as today they advised clients to cash out of oil which contributed to futures slipping nearly 3 %.
Read MoreCurrency options showing possible Euro downside
Tuesday, 12 April 2011 10:28
Traders in the currency option market are still betting on downside in the euro verses the dollar, with risk reversals for short dated options still showing a solid bias for “puts” despite an 8.3 % rise in the Euro this year.
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