Archive for June 11th, 2008

Currency Markets in the News

First Quarter Growth Disparities

June 11, 2008

Upwardly revised Japanese national income accounts released today put the first-quarter rise in real GDP at 4.0% at a seasonally adjusted annual rate (saar) after 2.9% saar in 4Q08. Half of the expansion last quarter stemmed from net exports, and personal consumption accounted for most of the rest. Each of these components of aggregate demand […] More

New Overnight Developments Abroad - Daily Update

New Developments Abroad

June 11, 2008

The dollar gave gack 0.4% against the C-dollar, 0.3% versus the kiwi, 0.2% relative to sterling, the euro and Swiss franc, and 0.1% against the yen. The Nikkei advanced 1.2%, but stocks in China and Hong Kong fell. Dax +0.1%. Ftse is flat. Oil halted its decline and is 2.0% higher at $133.97/barrel than its […] More