Archive for November 16th, 2012

Foreign Exchange Insights and Next Week

Next Week

November 16, 2012

Key European talks are scheduled, first among finance ministers early next week and then a summit of leaders on Thursday and Friday. Many U.S. traders will be taking off both Thursday and Friday for Thanksgiving.  Japan observes Labor Thanksgiving on Friday. On the central banking front, monetary policy meetings are scheduled in Japan, Turkey and […] More

New Overnight Developments Abroad - Daily Update

Continuing Slide in Share Prices

November 16, 2012

Equities in Europe show further losses so far today of 1.4% in Italy, 0.6% in Germany, Britain and Spain, and 0.3% in France.  Share prices also fell 0.9% in India, 0.8% in China, 0.5% in South Korea and 0.3% in Australia.  Contrary to the trend in most other bourses, Japan’s Nikkei-225 index jumped 2.2%.  Japanese […] More