All
 

 

Just in:  

You are here: Home»Markets»FXMM

Markets - FXMM

Archive

China policy hopes support Asia FX, won up after central bank  SINGAPORE: Most emerging Asian currencies rose on Thursday as slowing inflation and output in China spurred hopes of more policy stimulus, and the South Korean won edged up after the central bank held rates steady and on foreigners' massive stock demand. The Taiwan dollar enjoyed financial inflows, while the Malaysian ringgit strengthened past a psychological resistance at 3.1000 per dollar. China's annual consumer inflation fell to a 30-month low of 1.8 percent in July from June's 2.2 percent, while the producer price index dropped 2.9 percent in July from a year earlier, both powering Asian stocks to a three-month high. Annual growth in factory production of the world's second-largest economy slowed to the weakest in just over three years and below market expectations with retail sales and fixed-asset investment expansion weaker than forecasts. "The data fanned hopes for some monetary easing from China and supported sentiment. I see mild support to Asian FX," said ...


Swiss franc ticks up vs dollar on hopes of policy easing  ZURICH: The Swiss franc ticked up a touch against the greenback on Thursday, in tandem with the euro, as market players hoped the European Central Bank would eventually take steps to bring down borrowing costs in Italy and Spain. The franc has been trading in tandem with the euro since the Swiss National Bank set a cap of 1.20 on the safe-haven unit last September. Investors anxious about the euro zone's debt crisis had sought a ...

Yuan strongest against dollar since early July on dollar hedging  SHANGHAI: The spot yuan traded at its strongest against the dollar since July 5, continuing the narrowing trend that began on Tuesday, as banks in China moved to reduce their exposure to the risk of further slides in the dollar. The dollar index has flattened out in recent trading days and China's central bank has continued its habit of setting the midpoint in line with the dollar index's movements, fixing the midpoint at 6.3387, slightly weaker ...

Euro up slightly, Aussie lifted by data from China and home  TOKYO: The euro got a slight lift against major counterparts and the Australian dollar tested a 4-1/2 month peak on Thursday after Chinese inflation data suggested scope for further easing and Australia's employment picture brightened. Data showed China's annual consumer inflation fell to a 30-month low in July, suggesting that country's central bank can follow up rate cuts in June and July to stimulate the economy. By contrast, rate-cut expectations waned in Australia, after data released at ...

A$ gets lift from jobs data, NZ$ a black eye  WELLINGTON/SYDNEY: The Australian dollar rose on Thursday after a robust jobs report prompted investors to widen the odds of further cuts in interest rates, in a sharp contrast to a weak labour reading in New Zealand which weighed on its currency. The Aussie dollar climbed to a session high of $1.0603 but was unable to pass heavy resistance at $1.0604, the four-month high hit on Tuesday. It last fetches $1.0590, a gain of nearly half a ...

Yen weakens ahead of Bank of Japan policy decision  TOKYO: The yen weakened in Asian morning trade Thursday as the Bank of Japan (BoJ) wraps up a two-day meeting amid speculation over whether policymakers will launch further easing measures. The Japanese currency was trading at 78.52 against the dollar, down slightly from 78.45 in New York late Wednesday, while it changed hands at 97.22 against the euro, from 96.99 in US trade. The euro was stronger against the greenback at $1.2382 from $1.2363. Markets were looking to ...

C$ hits 3-month high on central bank hopes  TORONTO: The Canadian dollar touched a three-month peak against its US counterpart on Wednesday, supported by recovering commodity prices and some belief central banks around the world will step in to prop up their economies. "The commodities have recovered. You've got gold comfortably trading above $1,600 again, crude has had quite a nice recovery from the lows we saw a few weeks ago," said David Bradley, director of foreign exchange trading at Scotiabank. The Canadian dollar surged ...


 



 
Index Closing Chg%
Arrow DJIA 16,514.37 0.40
Arrow Nasdaq 4,161.46 0.97
Arrow S&P 1,815.69 0.95
Arrow FTSE 6,681.76 0.85
Arrow DAX 9,600.09 2.02
Arrow CAC-40 4,484.21 1.18
Arrow Nikkei 14,388.77 0.85
Arrow H.Seng 23,003.64 0.79
Arrow Sensex 22,758.37 0.03





where to buy

cheap wedding dresses

online - weddingdresstrend.com

Buy cheap Nike Mercurials cleats at mercurialscleats.com
cheap wedding dresses on SiteSteer.com - Best Online Wedding Store


Banking Review 2013


Buy direct from

China free shipping trade platform

Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln