Result Page 42 for Latest Forex News & Archive

BoE raises QE by 25 bln stg, leaves rates at 0.5 pct

The Bank of England said on Thursday it would expand its quantitative easing programme by 25 billion pounds to help kick-start Britain's recession-hit economy.

EURO BONDS-Banco Popolare, Allied Irish, Caja Madrid

News, details on corporate bond issues in the European markets on Thursday:

Daily Forecast - 05/11/2009

The Australian Dollar opens higher today at 0.9120 against the greenback. As expected, the US Federal Reserve left interest rates unchanged at the current setting of zero to 0.25 per cent. The Aussie moved to an offshore high at time of writing of 0.9143. During the domestic session on Wednesday, the unit slid down to 0.8970 as retail trade fell 0.2 per cent in September. The disappointing number does not support the case for a third consecutive hike in interest rates by the Reserve Bank of Aust...

G20 to look at how to unwind stimulus-U.S.'s Wolin

Finance chiefs from the Group of 20 will discuss eventually unwinding emergency economic stimulus packages introduced over the last year, U.S. Deputy Treasury Secretary Neal Wolin said on Wednesday.

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US STOCKS-Futures up ahead of jobs data, Fed statement

U.S. stock index futures rose on Wednesday on an upbeat forecast from carmaker Nissan and a rebound in European banks, ahead of jobs data and the Federal Reserve's statement on interest rates and the economy.

Daily Forecast - 03/11/2009

The Australian Dollar opens at US90 cents this morning after another volatile 24 hours. The Aussie hit an intraday high yesterday of 0.9090 on the back stronger gold and commodity prices before a rapid half-cent decline moments before the RBA's 2:30pm cash rate announcement. As expected, the central bank hiked rates by 25 basis points with governor Mr Glenn Stevens saying economic conditions in Australia have been stronger than expected and measures of confidence have recovered.

UPDATE 1-RiskMetrics Q3 profit tops estimates

RiskMetrics Group Inc (RMG.N) posted a third-quarter profit that beat analysts' estimates, helped by a 40 percent drop in income tax provisions.

EURO BONDS-Landesbank Berlin, DEXMA, OP Mortgage Bank, Ibercaja

News, details on bond issues in the European market on Tuesday:

Commercial Bank of Qatar seeks US buyers for bond

Commercial Bank of Qatar COMB.QA, the Gulf state's third-biggest by market value, will gauge U.S. investor's appetite for a potential bond issue at a roadshow on Wednesday.

Banks lead broad sell-off, FTSE below 5000

Britain's leading share index dropped 2.2 percent in mid-session trade on Tuesday, with negative newsflow on the UK and global financial sector denting banks and contributing to a broad-based retreat in equities.

US STOCKS-Futures off, weighed by Europe banks, Fed meet eyed

U.S. stock index futures pointed to a 1 percent drop at the open on Tuesday as poor results from Swiss lender UBS and a shake-up in British banks weighed on investor sentiment ahead of the start of a two-day Fed meeting.

European stocks slump to lowest in a month

European stocks fell sharply to a new one-month low on Tuesday, with banks suffering after poor results from UBS (UBSN.VX) and a shake-up of the UK retail banking sector.

RPT-Europe shares extend losses as banks tumble

European shares extended losses on Tuesday morning, with banks the biggest fallers after disappointing results from UBS (UBSN.VX) and a shake-up of UK banks.

FTSE slips below 5,000; banks, miners weigh

Britain's FTSE 100 .FTSE fell below the 5,000 level for the first time in a month on Tuesday, while European stocks also extended losses, weighed by weakness in banks and miners.

Forex Forecast 03/11/2009

The Australian Dollar opens at 0.9022 after a volatile session on Monday. With local equities opening in negative territory the Aussie fell in quick fashion down to an intraday low of US89 cents.

US STOCKS-Wall St to rise ahead of key data, Ford shares up

U.S. stock index futures pointed to a higher open on Monday ahead of data expected to show the U.S. manufacturing sector grew in October alongside improved global manufacturing.

FACTBOX-Next steps for U.S. healthcare bill in Congress

Democratic leaders in the U.S. House of Representatives unveiled a bill on Thursday to reform the U.S. healthcare system, President Barack Obama's main domestic objective.

Bloomberg takes big lead into NYC mayor election

Supporters say New York Mayor Michael Bloomberg, who appears set to win a third term this week, gets credit for saving the city from the worst of the financial recession but his critics say he did not do enough.

Independent stirs up New Jersey governor contest

An independent candidate stressing New Jersey's economic woes is attracting surprising voter support in the governor's race, which features an unpopular Democratic incumbent and a Republican challenger with ties to former President George W. Bush.

Q+A-Voters in Virginia, New Jersey to choose governors

Voters in Virginia and New Jersey will elect governors on Tuesday with Republicans and Democrats debating whether the outcome will render the first electoral judgment on U.S. President Barack Obama.

UPDATE 1-CapitalSource posts Q3 loss on loan loss provisions

Commercial lender CapitalSource Inc (CSE.N) posted a third-quarter loss of $274 million, hurt mainly by a two-fold rise in loan loss provisions, and said it expects elevated credit charges to continue into 2010.

US STOCKS-Futures up ahead of key data, Ford shares jump

U.S. stock index futures rose on Monday, signaling a rebound after the previous session's steep losses, ahead of data expected to show U.S. manufacturing grew for a third consecutive month in October.

European shares flat at midday; oils, miners gain

European shares recovered from a four-week low to trade flat by mid-session on Monday and a volatility index spiked up, indicating waning investor appetite for risk.

FTSE up 0.6 pct as miners, oils bounce

Britain's top share index rose 0.6 percent in mid-session trade on Monday supported by gains from miners and oils after bullish economic data, which offset weaker defensive stocks.

US STOCKS-Ahead of key data, futures rise after steep drop

U.S. stock index futures rose on Monday, signaling a rebound from Friday's steep losses, ahead of data expected to show U.S. manufacturing grew for a third consecutive month.

UPDATE 2-Japan consumer lender stocks soar on deregulation hope

Shares of Japanese consumer lenders soared on Monday after a source said the government may ease regulations that have crippled the sector and raised hurdles for small businesses to get loans.

EURO BONDS-Commercial Bank of Qatar, CAM

News, details on bond issues in the European markets on Monday:

FTSE up; commodity gains outweigh defensive losses

Britain's top share index was up 0.3 percent early on Monday, as gains in commodity stocks outweighed slight weakness in defensives like pharmaceutical and tobacco stocks.

REFILE-European shares drift lower; banks, pharma weigh

European shares hit a four-week low on Monday, extending the previous session's sharp declines on doubts that the stock market had rallied ahead of economic recovery, with banks featuring among top losers.

Daily Forecast - 11/01/2009

The Australian Dollar begins the new week sharply lower against the greenback at 0.8990. After a local session of range-trading on Friday which saw the Aussie move as high as 0.9174, volatility returned offshore as U.S consumer spending fell 0.5 per cent in September as economic stimulus starts to dry up. High yielding currencies came under selling pressure throughout the New York trading session as the data indicated that consumers will make a limited contribution to the recovery without govern...

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