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Updated: 14 min 47 sec ago
(UK) Job growth weakens markedly in August
The rate at which British recruiters filled permanent jobs slowed to its weakest in 10 months in August, and the industry fears a sharper slowdown when public spending cuts takes effect, a survey showed on Wednesday.
BOJ Gov Shirakawa: always mull policy options
Bank of Japan Governor Masaaki Shirakawa said on Tuesday the central bank is always considering various policy options and will act in a timely and appropriate way when necessary.
"We will take the most appropriate action by examining the merits and drawbacks of various steps," Shirakawa told a n...
Forex: USD/JPY bearish burst is halted at 83.60
The Japanese Yen had rapid a20 pips acceleration from 83.80 area, establishing a new daily low at 83.60. It looks as though the rally could not be stretched further, as order flow continues limited on Wednesday. An upside correction sets the price at 83.65 now, 15 pips or 0.17% below the previous...
Japan Machine Orders Gain, Backing BOJ Pause on Adding Stimulus
Japans machinery orders and current account surplus exceeded forecasts in July even as the yen appreciated, supporting the central banks decision to hold off from further monetary easing yesterday.
USD/JPY Intra-day signal by AceTrader
INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY
USD/JPY : 83.67
Last Update At 08 Sep 2010 02:15 GMT
Despite staging a minor rebound fm y'day's fresh
15-year low made in NY, as renewed selling in Tokyo
has pushed dlr lower, suggesting further weakness
to 83.40/45 is likely, however, ...
Australia July Home-Loan Approvals Climb, Boosting Case for Rate Increase
Australian home-loan approvals rose in July, increasing the central banks scope to resume interest- rate increases in coming quarters.
The number of loans granted to build or buy houses and apartments gained 1.7 percent to 47,511 from June, when they fell a revised 3.2 percent, the statistics b...
Analysis: Obama plan may miss the most important mark - jobs
President Barack Obama's new stimulus plan directs government assistance to some of the strongest parts of the economy without solving the biggest problem: finding work for the 14.9 million unemployed.
The three main ideas he plans to introduce on Wednesday -- $50 billion in infrastructure spendi...
US dollar falls to 15-year low against the Yen on recovery fears
The steady rise in the value of the yen in recent weeks has unnerved Japanese authorities who see the trend as a threat to the country's exports and ultimate recovery.
...
U.S. Stocks Decline on Concern European Debt Crisis May Worsen
U.S. stocks fell for the first time in five days, ending the longest streak of gains for the Standard & Poors 500 Index since July, on concern the European debt crisis may worsen, hampering global growth.
Bank of America Corp. and Citigroup Inc. fell at least 2 percent as European banks slid on ...
Japan Bank Lending Down 2.0% On Year In August
Bank lending in Japan declined 2.0 percent on year in August, the Bank of Japan said on Wednesday, coming in at 394.2 trillion yen. That follows a 1.9 percent annual contraction in July.
Including trusts, bank lending was down 1.9 percent on year to 456.7 trillion yen. That followed a 1.8 percent...
Japan July current account surplus +26.1 pct y/y
Japan's current account surplus rose 26.1 percent in July from a year earlier, Ministry of Finance data showed on Wednesday, above the median market forecast for a 17.5 percent increase.
The annual increase followed an 18.2 percent drop in the previous month and was the first rise in three month...
UK Food Price Inflation Hits 13-Month High In Aug: BRC
Food price inflation rose to its highest level since last July, driving overall shop price inflation up in August, according to the British Retail Consortium-Nielsen Shop Price Index (SPI).
Food price inflation, on the back of a rash of crop failures around the world, is the latest price shock h...
Japan's Machinery Orders Increase for Second Month, Better Than Estimated
Japanese machinery orders, an indicator of business investment in three to six months, gained 8.8 percent from June, the Cabinet Office said today in Tokyo. The median forecast of 25 economists surveyed by Bloomberg News was for a 2 percent gain.
Gillard Keeps Power in Australia by Ceding Ground to Rural Independents
-- Julia Gillard held on to power as Australias first female prime minister after two independent lawmakers agreed to prop up a minority Labor Party government to resolve the countrys closest election in 70 years.
Labor is prepared to deliver stable, effective and secure government for the ne...
Dollar hits 15-year low vs yen, jumps vs euro
NEW YORK (AP) -- The dollar hit a fresh 15-year low versus the yen Tuesday, but jumped versus the euro and other currencies as concerns about the stability of European banks resurfaced.
Worries about banks' exposure to the debt of European countries with stagnating economies triggered a search fo...
Greek Deals Hidden From EU Probed as 400% Yield Gap Shows Doubt
Four months after the 110 billion- euro ($140 billion) bailout for Greece, the nation still hasnt disclosed the full details of secret financial transactions it used to conceal debt.
We have not seen the real documents, Walter Radermacher, head of the European Unions statistics agency Eurosta...
[Video] Trouble Crosses the Atlantic Once Again
On the weekly video outlook on Forex TV, I spoke with Julie Sinha about the current market mood, events that will shake currencies and technical levels to watch out for.
Stocks, Irish Bonds Drop, Gold, Yen Rally on Europe Concern
Stocks slid, while Greek, Portuguese and Irish bonds tumbled, gold rose to a record and the yen surged to a 15-year high versus the dollar on concern Europes debt crisis will worsen. U.S. and German bonds rallied.
The MSCI World Index slid 1.1 percent and the Standard & Poors 500 Index lost 1.2...
Using Borderlines to trade with limited risk and increased confidence
The rebroadcast of todays webinar on "Borderlines" is available for viewing. The webinar defines what a Borderline level is? Why they are essential for trading success? What borderline levels to follow and why? How risk can be defined an limited by using key borderline levels? and more.
To ac...
24-Hour Forecast For The Major FX Pairs
The final phase, and historically most volatile time of the markets are now upon this. The S&P's are at a key inflection point as are many FX pairs. Take a look below for a 24-hour forecast....