European Markets Rise On Strong U.S. Data - European Commentary []
The European markets rose sharply on Wednesday after better than expected U.S. productivity and employment data soothed some concern about the health of the world's largest economy.
European Markets Rise On Bernanke Comments - European Commentary []
The European markets rose for the third consecutive day on Friday after U.S. Federal Reserve Chairman Ben Bernanke signaled that further interest rate cuts are on the way.
European Markets Fall, Led By Banks And Techs - European Commentary []
The European markets fell on Tuesday, as banking stocks declined on earnings growth concern and technology stocks edged lower following disappointing trading updates from mobile phone maker Nokia.
Sterling Gives Back Early Gains To Dollar And Euro Amid Lingering Concerns About UK Economy [GPB/USD]
The sterling was unable to sustain its early gains against the dollar and euro Friday morning in New York. Pessimism about the health of the British economy continued to hang over the sterling, with many analysts now saying that the Bank of England will need to further cut interest rates in next year.
New Zealand Dollar Fallling Against U.S. Dollar [NZD/USD]
The New Zealand dollar is slipping against the U.S. dollar. The kiwi is trading at .7721 to the greenback, falling in the alst half-hour to its lowest point since December 6.
European Markets Rise, Led By Banks - European Commentary []
The European markets rose the most in more than four years on Wednesday, as banking stocks rallied on hopes for another rate cut by the U.S. Federal Reserve following comments made by a top Fed official.
Futures Indicating Higher Opens Following Bernanke Comments, Drop In Oil Prices - European Market Preview []
European futures are pointing to a higher open on Friday as speculation regarding an interest rate cut in the U.S. was encouraged by comments made Thursday night by Federal Reserve Chairman Ben Bernanke.
European Markets Fall, Led By Commodities - European Commentary []
The European markets fell for the first time in four days on Monday, as mining and energy stocks slipped after copper and crude oil prices retreated.
Swiss Franc Drops Against Dollar And Euro [CHF]
Around 11:30 pm ET Sunday, the Swiss Franc lost ground against the dollar and the euro. As of now, the franc is worth 1.1296 against the dollar and 1.6544 versus the euro.
Dollar Mixed Against Majors In Early Asian Trading [USD]
In early Asian trading on Monday, the US dollar showed a mixed performance against its major counterparts. While the dollar gained against the euro and the franc, it declined versus the rest of majors.
Sunday, December 09, 2007
European Markets Rise On Strong U.S. Data - European Commentary []
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Any views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsibly for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
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