Special Report-US April retail sales expected to slow

Here are the latest Financial News: US retail sales for April will be released on Friday May 14th. Retail sales are expected to have continued to rise in April but at a slower pace than last month. The Commerce Department reported that March retail sales rose by 1.6% and sales were 7.6% higher from a... Read the article »

Daily Forex Report-USD higher, CHF rises to record high versus EUR

Here are the latest Financial News: USD: Higher, concern about EU debt contagion, China slowdown, productivity slows, jobless claims drop JPY: Higher, supported by a spike in risk aversion as Asian equities tank EUR: Lower, fear of Greek contagion risk, ECB leaves rates policy unchanged, EUR/CHF tumbles GBP:... Read the article »

Daily Outlok – Stock Markets Continue to Rally

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 30th April (00:30GMT) U.S. Dollar Trading (USD) as fears about Greece eased on perceived efforts to speed up aid delivery the market focused on Q1 earnings and continued pushing higher. Weekly Jobless Claims came in at 448k vs. 465k... Read the article »

US Morning Notes – USD higher, Greece seeks aid, surge in German IFO

Here are the latest Financial News: FX Highlights The USD is trading mostly higher except versus the EUR, the EUR trades higher in reaction to report that Greece seeks to activate the EU/IMF aid package and in reaction to stronger than expected German IFO business sentiment, GBP trades lower pressured... Read the article »

Daily Forex Report-USD higher, CDO spreads widen on Goldman charge

Here are the latest Financial News: USD: Higher, fresh Greek debt worries, improving US housing data, consumer confidence declines JPY: Higher, China tightening, Yuan revaluation speculation, Goldman default swap spreads widen EUR: Lower, Greece may soon tap EU IMF aid, Trichet says Greek bank troubles... Read the article »

USD lower, rumor of EU deal to bailout Greece

Here are the latest Financial News: USD: Lower, stocks rally, global recovery optimism trumps EU sovereign debt fears JPY: Higher, risk appetite improves as Asian equities trade at a 22 month high EUR: Higher, rumor that the EU agrees on funding for aid to Greece, German trade surplus widens GBP: Higher,... Read the article »

USD higher, OECD says G-7 growth to slow in short term

Here are the latest Financial News: USD: Higher, growth slows in Europe, Greek debt troubles, stocks slide JPY: Mixed, BOJ held rate policy steady, leaves economic assessment unchanged EUR: Lower, Q4 GDP revised lower, cost of financing Greek debt rises GBP: Lower, service PMI disappoints, election... Read the article »

Daily Forex Outlook – US Jobs Grow at Fastest rate in 3 Years

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 5th April (00:30GMT) U.S. Dollar Trading (USD) was broadly stronger in thin trading after the March Jobs report showed +162k new jobs and solid revisions in February and January. The March Unemployment Rate was steady at 9.7%. USD/JPY... Read the article »

Daily Forex Outlook – Non Farm Payrolls in Holiday Market

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 2nd April (00:30GMT) U.S. Dollar Trading (USD) continued to find sellers as the market sold the safe haven currency in favor of riskier investments. Economic data is steadily improving with weekly jobless claims falling to 439k vs.... Read the article »

Special Report-Japan’s business sentiment has improved

Here are the latest Financial News: Deflationary pressures continue in Japan with February CPI reported to have declined by an annual rate of 1.2%. This marked the 12th consecutive month that Japan’s CPI has declined. The Japanese government has been pressuring the BOJ to take actions to combat... Read the article »