All
 

 

Just in:  

You are here: Home»Markets»FXMM»Europe

Europe

Archive

Turkey's lira steady ahead of expected interest rate cut ISTANBUL: Turkey's lira held steady on Monday supported by buoyant global markets, and bond yields fell as investors geared up for an expected rate cut by the central bank on Thursday.European and Asian shares rose as euro zone banking jitters faded, but investors looked forward to corporate earnings and a raft of global economic events including testimony from the head of the U.S. Federal Reserve.The lira was steady at 2.1205 against the dollar by 0832 GMT, unchanged from 2.1205 late on Friday.The benchmark 10-year government bond yield fell to 8.99 percent from 9.10 percent on Friday. The two-year yield slipped to 8.25 percent from 8.28 at Friday's close.After a huge rate hike at the end of January, the central bank has been under government pressure to cut rates to protect growth. It has done so in the past two months and on Thursday economists expect another 50 basis-point cut to ...

Euro steadies after dip on Portuguese bank nerves LONDON: Major currency markets were steady in Europe on Friday, having ridden out a day of ructions on European stock markets with only minimal moves on the euro and yen.Strategists were sceptical of whether concerns about Portuguese bank BES would prove the trigger for an immediate change in market tone away from the steady, low volatility plays of the past six months. But Thursday's 4 percent slide in Lisbon shares and the losses it brought ...
Dollar subdued by Fed minutes, Swedish crown firm on inflation data LONDON: The dollar was stuck near one-week lows against a basket of major currencies on Thursday, staying on the back foot after minutes of the Federal Reserve's June meeting gave no clear indication about the timing of an interest rate rise.In the European session, the Swedish crown rose to a one-week high against the euro after data showed consumer prices in Sweden rose more than expected. That drove some investors to trim short bets against ...
Sterling slips after data shows UK trade gap widening LONDON: Sterling slipped against both the dollar and the euro on Thursday after data showed the UK goods trade deficit widened unexpectedly in May, pushed up by high imports of aircraft.The Office for National Statistics said the goods trade deficit grew to just over 9.2 billion pounds from 8.8 billion pounds in April. Economists in a Reuters poll had forecast a slight narrowing to 8.75 billion pounds."Today's data is a little disappointing - the deficit ...
Euro inches higher, eyes on Fed minutes LONDON: The euro traded marginally stronger on Wednesday, with traders looking to a speech by European Central Bank chief Mario Draghi and the minutes of the U.S. Federal Reserve's latest meeting for direction later in the day.The single currency may have been helped by a relatively downbeat assessment of the pace of U.S. growth from two Federal Reserve officials overnight.Markets are still waiting for more strongly hawkish signals from the Fed in favour of higher ...
Sterling subdued by soft UK data LONDON: Sterling extended losses on Wednesday after data showed British house prices slipped unexpectedly in June, prompting more speculators to trim long bets on the pound and profit from its recent rally.Earlier, separate data showed British retailers in June suffering their biggest annual decline in prices since at least 2006. The run of soft data came a day after factory output dropped by 1.3 percent in May - its biggest fall since January 2013.The pound ...
New Zealand dollar hits 3-year high on Fitch outlook lift LONDON: The New Zealand dollar jumped to an almost 3-year high against its U.S. counterpart on Tuesday after Fitch Ratings upgraded its outlook for the country's short and long-term debt rating, citing fiscal consolidation and improving growth.Dealers said the move, peaking at $0.8806, had taken out a number of option barriers at $0.8800. The kiwi was trading bang on that round figure 20 minutes after the Fitch announcement.Copyright Reuters, 2014 ...

 



 
Index Closing Chg%
Arrow DJIA 16,493.37 0.42
Arrow Nasdaq 4,352.64 0.39
Arrow S&P 1,925.15 0.29
Arrow FTSE 6,679.18 0.76
Arrow DAX 9,210.08 2.10
Arrow CAC-40 4,202.78 1.02
Arrow Nikkei 15,523.00 0.63
Arrow H.Seng 24,532.43 0.91
Arrow Sensex 25,480.84 1.60





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%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln