Currency 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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The US markets had a very harsh start to the day

Tuesday, 12 April 2011 10:09

The US markets had a very harsh start to the day, the Dow Jones fell more than 100 points after Japan raised the alert level on its nuclear crisis and some disappointing results. Most Asian markets and Euroland were off as well.

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Inflation in the UK slowed in March

Tuesday, 12 April 2011 02:06

Inflation in the UK slowed in March for the first time in eight months, consumer prices rose 4 % from a year earlier after a 4.4 % increase in February. The cost of food fell the most in almost four years due to heavy discounting at supermarkets and food outlets.

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Most European markets are in negative in morning trading, the UK is up slightly

Monday, 11 April 2011 01:19

Most European markets are in negative in morning trading, the UK is up slightly. More aftershocks in Japan are certainly not helping markets.

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UK Commission On Banking report

Monday, 11 April 2011 10:35

The UK Commission on Banking will recommend the country’s largest banks will be required to hold core Tier 1 capital levels of about 10 %, the report falls short of a full break of up retail and investment banking.

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