• Euro Finds Little Consolation from EU Finance Ministers’ Greek Guarantees at
G7 • Japanese Yen: Lending Troubles another Road Sign to the Next ‘Lost Decade’
• Commodity Currency Policymakers Start Rolling Back Emergency Aid Dollar
Advances for a Fourth Consecutive Session
EVEN the experts cannot agree on whether the world's jittery sharemarkets are
having a hiccup or a heart attack. The closing of the local market a handful of
points higher yesterday (it was up 7.3 points at 4521.4) brought the Australian
Securities Exchange's benchmark S&P/ASX 200 Index
U.S. DOLLAR: HAVE WE HIT A CAPITULATION POINT ? EUR/USD: STRONGER ECONOMIC DATA
BRINGS REPRIEVE GBP/USD: WILL HOTTER INFALTION BE SUSTAINABLE ? USD/CAD:
SURPRISING INCREASE IN EMPLOYMENT AUD/USD: OIL PRICES
In good news for Biota shareholders, GlaxoSmithKline reported overnight that
flu anti-viral Relenza was a major contributor to the pharmaceutical giant's
December quarter performance. Pandemic response planning saw Relenza sales soar
almost 2000 per cent to £256 million ($462 million) in
It has been an eventful week for the small end of the telco sector, iiNet
successfully defending court action brought by the Australian Federation
Against Copyright Theft, and TPG Telecom tucking away one of the first
substantial placements of the year, a $70 million raising. These were
Feb. 4 (Bloomberg) -- Kraft Foods Inc. , the world’s second- largest food
company, plans to issue debt to pay for its takeover of Cadbury Plc as
borrowing costs for companies rise. Kraft is marketing its debt as yields on
investment-grade corporate bonds rose to 4.623 percent on average
• British Pound: Can a Timely Shift in the Bank of England’s Monetary Policy
Revive the Sterling’s Run? • Euro Finds Little Comfort in the EU’s Approval of
Greek Deficit Plans, Economic Outlook • New Zealand Dollar Quickly Closes in on
Support after the Unemployment Rate
U.S. DOLLAR: TURNING TO LEADING INDICATORS FOR NFP EUR/USD: STRONGER ECONOMIC
DATA BRINGS REPRIEVE GBP/USD: TRADERS STILL WEARY OF BUYING GBP USD/CAD:
FLAHERTY SAYS ECONOMISTS RAISE GDP FORECASTS AUD/USD: RBA SURPRISES THE MARKET
BY LEAVING RATES
• Euro Finds Little Consolation from EU Finance Ministers’ Greek Guarantees at
G7 • Japanese Yen: Lending Troubles another Road Sign to the Next ‘Lost Decade’
• Commodity Currency Policymakers Start Rolling Back Emergency Aid Dollar
Advances for a Fourth Consecutive Session
