All
 

 

Just in:  

You are here: Home»Markets»FXMM»Europe

Europe

Archive

Swedish crown hits 3-1/2 year low after steep rate cut, Aussie weakens LONDON: The Swedish crown fell to a 3-1/2-year low against the euro on Thursday as the central bank cut rates more than expected, while the Australian dollar lost ground after the head of its central bank warned the currency could weaken.The 50-basis-point-cut by Stockholm's Riksbank was double what was expected and kept the market focus on the crown in an otherwise quiet session, with investors awaiting U.S. jobs data and the outcome of a European Central Bank policy meeting.Strong figures from payrolls processor ADP on Wednesday supported the view that the U.S. economy has bounced back after a first-quarter slump.That helped drive benchmark U.S. Treasury yields to their highest in over a week at 2.63 percent on Wednesday, which in turned supported the dollar against a basket of major currencies.US yields could rise further if Thursday's jobs data also beats expectations..The euro was flat against the dollar at $1.3660 with ...

Dollar steadies after hitting lows, awaits Yellen and ADP data LONDON: The dollar hovered just above a two-month low against a basket of currencies on Wednesday, with the focus on Federal Reserve Chair Janet Yellen's speech later in the day and a private sector survey of the U.S. labour market.The euro lost some steam on concerns about verbal intervention from policymakers about a strengthening currency.Sterling held strong near six-year highs against the dollar on more evidence of an upswing in the housing market which added ...
Sterling hits new near-6-year dollar high after UK construction data LONDON: Sterling soared to a fresh near-6-year high against the dollar on Wednesday and a 1-1/2-year peak against the euro after data showed British construction activity growing at its fastest in four months, beating forecasts.The PMI index of sentiment among purchasing managers in the construction sector rose to 62.6 in June from 60.0 in May, its highest level since February and well above economists' forecast for a dip to 59.5. A level above 50 represents ...
Factory data drives sterling to near-6-year high LONDON: Sterling hit its highest since the peak of the 2008 financial crisis on Tuesday after a survey showed British manufacturing expanding at its fastest rate in seven months, adding to the case for a rise in interest rates this year.The PMI index of sentiment among manufacturing purchasing managers rose to 57.5 in June from 57.0 in May - its highest since November and well above the 50 line that divides growth from contraction. Economists ...
Rouble falls on Ukraine, Dubai stocks bounce from 5-month low LONDON: The rouble fell nearly 1 percent to its lowest in a week and Russian stocks dropped on Tuesday after a ceasefire ended in Ukraine, while Dubai stocks bounced from five-month lows as investors stepped in to buy cheaper stocks.Central European markets came under pressure from weaker than expected manufacturing data.Ukraine's president Petro Poroshenko said he would renew offensive operations against pro-Russian rebels in eastern Ukraine on Tuesday, following the end of a ceasefire."Where we ...
Euro back around $1.37 as ECB meets again LONDON: The euro held near a six-week high against the dollar on Tuesday, threatening a break past $1.37 that could quickly see it back at levels expected to provoke a comment from the European Central Bank at the very least.Much of the morning's market talk concerned a fine for French bank BNP Paribas that requires it to pay roughly $9 billion to U.S. authorities - potentially weakening the euro - but the single currency stayed ...
Eyes on impact of BNP fine for euro after flat inflation LONDON: The euro traded flat against the dollar on Monday, with market talk in Europe focused on the implications of a major fine for French bank BNP Paribas in the absence of other major themes.Euro zone inflation was in line with expectations at 0.5 percent, reinforcing the need for the European Central Bank to run very loose monetary policy but well short of a reading that would demand more action from a monthly meeting on ...

 



 
Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52





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