Foreign Exchange Insights and Next Week
Next Week
June 24, 2011
In this last week of June, Thursday will mark the passing of month-end, quarter-end and the mid-point of 2011. Highlights of the third quarter will be the August 2nd deadline for increasing the U.S. federal government debt ceiling, the tenth anniversary of the Al Qaeda attacks on the World Trade Center and the Pentagon, the […] More
Foreign Exchange Insights and Next Week
Focus on the Euro
June 24, 2011
The perceived insolvency of Greece continues to temper the euro’s strength. The common currency as of 18:00 GMT today was trading at $1.4176, down from Friday closing levels of 1.4289 on June 17, $1.4337 on June 10 and $1.4625 on June 3. A 2011 peak of $1.4941 on set on May 4. The euro has […] More
New Overnight Developments Abroad - Daily Update
A Better Market Tone
June 24, 2011
Equities rose 2.9% in India, 2.4% in China, 1.9% in Hong Kong, 1.7% in South Korea, 1.2% in The Philippines, 0.9% in Japan and Thailand, 0.7% in Indonesia and Singapore, and 0.2% in Australia. The Paris Cac, British Ftse, and German Dax are 1.7%, 1.4%, and 1.3% higher. The ten-year Japanese JGB yield touched a […] More
