Foreign Exchange Insights and Next Week
Next Week
December 2, 2011
The coming week is packed full with events and data releases, culminating in the summit of EU leaders on the 9th. Central bank interest rate policy meetings are scheduled in New Zealand, Australia, European, Britain, Poland, Iceland, Canada, and Indonesia. Service-sector purchasing manager survey results arrive for the euro area, Germany, Italy, France, Spain, Ireland, […] More
Foreign Exchange Insights and Next Week
T Minus Seven Days and Counting
December 2, 2011
The euro’s survival will top the agenda at the December 9 summit of EU leaders, but opinions vary widely on the terms and last possible timing for meeting that goal. Investor want a quick resolution, and their patience is running thin. Europe’s sovereign debt crisis has festered for two years, far too long already, and […] More
New Overnight Developments Abroad - Daily Update
Mixed Markets Ahead of November Jobs Figures
December 2, 2011
Share prices fell 1.0% in China and posted a fourth consecutive weekly decline. Equities elsewhere advanced 2.2% in India, 1.4% in Australia, 1.0% in Thailand, 0.5% in Japan and so far show strong gains in Europe of 1.4-1.6% in the Dax, Ftse, and Paris Cac. European bank stocks were helped by reports that the European […] More
