Chinese trade balance

Greek Austerity Proposals Not Enough

February 10, 2012

A new shock wave of risk aversion hit markets as EU finance ministers rejected the Greek proposed reforms for being insufficient. German Finance Minister Schaeuble projected that Greek debt to GDP would still reach 136% in 2020, 16 percentage points higher than target. Other market depressants overnight stem from disappointing Chinese data and the Reserve […] More

Risk Appetite Attempting to Stage a Recovery

January 10, 2012

Stocks, commodity prices and commodity-sensitive currencies are higher. Share prices rose 3.3% in China, 2.2% in India, 1.3% in Indonesia, and 1.1% in Singapore and Australia. In Europe, the German Dax, Paris Cac and British Ftse have so far risen 2.5%, 2.3%, and 1.2% on the day. Oil and gold prices have climbed 1.6% each […] More

Focus Continues on Greece

May 10, 2011

Dollar movements overnight were moderately positive.  The greenback advanced 0.6% against the Swiss franc, 0.4% relative to the kiwi and sterling, 0.3% versus the yen, 0.2% vis-a-vis the euro and 0.1% against the Australian dollar but fell by 0.2% against the Canadian dollar.  The yuan is unchanged. Stocks have benefited from hopes that Greek debt […] More

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