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Goolsbee to Lead Economic Council
Obama will name Austan Goolsbee, a long-time adviser and an architect of his campaign's economic message, to be chairman of the White House Council of Economic Advisers.
Yuan Heads for Biggest Weekly Gain Since June After U.S. Steps Up Pressure
The yuan headed for its biggest weekly gain since June as the U.S. government stepped up pressure on China to allow its currency to strengthen.
The Peoples Bank of China set the reference rate at a record high before a government report showed the nation posted a third straight trade surplus of...
US equities rose after consensus-beating US jobless claims
News and views US equities rose after consensus-beating US jobless claims and trade balance reports were released, but pared gains around midday NY, the S&P500 index currently up 0.5%. Commodities are moderately weaker, oil down 0.5% as US petroleum inventories were reported to have climbed to a post-1990 high (although oil stocks were lower), and copper 1.6% lower after China reportedly forced a liquidation by unauthorised local speculators. US 10yr treasury yields rose 10bp to 2.75%, and
FOREX-Dollar rises as yields support, off 15-yr low vs yen - Reuters
FOREX-Dollar rises as yields support, off 15-yr low vs yen
Reuters
TOKYO, Sept 10 (Reuters) - The dollar rose against major currencies on Friday, staging a rebound against the yen and the Swiss franc ...
WORLD FOREX: Growth-Oriented Currencies Up On Positive US DataWall Street Journal
Forex Trading and Currency Exchange Rates – Dollar Jumps Against Yen and Euro ...Best Syndication
IB FX Brief - Mixed bag for forex tradersInternational Business Times
San Francisco Chronicle
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Risk Conditions Improving
With moderating growth and inflationary pressures in China, Robert Minikin, senior FX strategist at Standard Chartered Bank, says this is reassuring and will support risk currencies like the Aussie dollar. He speaks to CNBC's Maithreyi Seetharaman & Chloe Cho.
Junk Bonds 'Best Bet' as Issuance Nears 2009 Record Level: Credit Markets
Global high-yield bond sales are poised to exceed 2009s record issuance as the riskiest companies take advantage of plunging borrowing costs and investor demand for greater returns to refinance debt.
Ally Financial Inc., the lender previously known as GMAC Inc., and the lending arm of Ford Moto...
Daily Financial Market Outlook
Following yesterday's Bank of England policy announcement and ahead of the consumer prices report due out next week, the UK sees the publication of producer price data for the month of August. Oil and other commodity prices have slipped in recent months and we expect to see another monthly decline