Euro trading slightly lower today
Tuesday, 12 April 2011 12:09
Euro trading slightly lower today off the back of the market concerns that the ECB rate rise last week will hamper the efforts of Ireland, Portugal and Greece to contain debt, the euro has dropped from a 15 month high against the USD.
Read MoreChina’s government lose control of inflation
Tuesday, 12 April 2011 09:36
China’s decision to keep its currency weak has potentially caused the government to lose control of inflation and risks fuelling wage-price gains as well of course as the ongoing issues with trading partners.
Read MoreThe IMF economic report came out today with mixed reviews
Monday, 11 April 2011 08:27
The IMF economic report came out today with mixed reviews, emerging countries like China still expanding rapidly as advanced economies like the United States are grwoing very slowly.
Read MoreUS stocks have started the week with modest gains.
Monday, 11 April 2011 05:21
US stocks have started the week with modest gains. Dow +33.66, Nasdaq +4.74 S & P +3.22. The dollar has gained ground against the euro this morning as well.
Read MoreAustralian shares hit a 12-month high on Monday
Monday, 11 April 2011 03:07
Australian shares hit a 12-month high on Monday due to a strong rally in BHP Billiton after it denied speculation it was considering a takeover of Woodside Petroleum which is Australia’s largest oil and gas company.
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