Eurozone Retail Sales index lower than expected, Portugal downgraded

Last Updated on Tuesday, 5 April 2011 04:25 Written by Elena Rajkovic Tuesday, 5 April 2011 04:25

The Retail Sales index data came out in Europe below expectations at 0.1% and – 0.1%, while the anticipated result was to value at 0.6% and 0.4%. Despite the unattractive news the European currency didn’t change, trading at the 1.4187 level.

Sterling announces better than expected PMI data

Last Updated on Tuesday, 5 April 2011 04:27 Written by Elena Rajkovic Tuesday, 5 April 2011 03:38

PMI services index was announced stronger than expected in the UK, bringing strong bids to the British currency. Results for March came out at 57.1, while the results expected were to be 52.5. The previous PMI service results were 52.6, so the British..

Bank of China Rate Rise

Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Tuesday, 5 April 2011 01:46

The People’s Bank of China said it was raising benchmark rates by 25 basis points.

Australian currency drops following RBA rate announcement

Last Updated on Tuesday, 5 April 2011 01:02 Written by Elena Rajkovic Tuesday, 5 April 2011 12:57

Presumably pressured by the extremely high profit-taking high it reached at 1.0416, the AUD fell to 1.0315 against the US dollar- about 0.4%

Australian credit-default swaps (CDS)

Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Tuesday, 5 April 2011 08:57

There was a $2.72 billion of contracts on Australian government debt outstanding mid March

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