With so many countries releasing trade numbers this week, we thought it would
be interesting to look at how trade balances of various countries compare. On
the most fundamental level, currencies move on supply and demand and there is
no greater demand for currencies than for
Fundamental Headlines • Menendez Prodded Fed to Aid Lender – Wall Street
Journal • Coca-Cola Results Boosted by Asia Sales – Wall Street Journal • Greek
rescue hopes help bourses regain their poise - Financial Times • Euro, Oil,
Copper Gain on Greece Aid Speculation; U.S.
The euro strengthened 0.6 percent against the dollar at 7:28 a.m. in New York,
snapping four days of declines, and ended a three-day drop against the yen. The
MSCI Emerging Markets Index added 1 percent after falling 6.1 percent in the
past three sessions. Futures on the Standard & Poor
The storms, which may also dump a foot of snow on New York, are “going to be
accompanied by heavy winds, which will make it feel worse, and across the
Northeast that wind is going to last through the weekend,” said Tom Kines , a
meteorologist with AccuWeather Inc. A winter storm
The euro strengthened 0.6 percent against the dollar at 10:23 a.m. in London,
snapping four days of declines, and ended a three-day drop against the yen. The
MSCI Emerging Markets Index added 0.9 percent after falling 6.1 percent in the
past three sessions. Futures on the Standard &
Europe’s currency gained 0.6 percent to $1.3726 at 5:07 p.m. in Tokyo,
rebounding from near an eight-month low. The MSCI Asia Pacific Index of stocks
climbed 0.3 percent after dropping as much as 0.6 percent. Oil gained 0.7
percent and copper rose 0.5 percent. Futures on the Standard &
Europe’s currency gained 0.7 percent to $1.3739 at 4:37 p.m. in Tokyo,
rebounding from near an eight-month low. The MSCI Asia Pacific Index of stocks
climbed 0.3 percent after dropping as much as 0.6 percent. Oil gained 0.7
percent and copper rose 0.5 percent. Futures on the Standard &
AAP The Australian dollar closed higher on Tuesday as risk appetite improved
and traders continued to speculate about further interest rate rises in
Australia and funding assistance for Greece. At 1700 AEDT, the Australian
dollar was trading at $US0.8686/91, up 0.25 per cent from
AAP The Australian sharemarket closed weaker after Macquarie Group disappointed
investors and as concerns about Europe's sovereign debt flowed through to local
bank stocks. The benchmark S&P/ASX200 index was down 16.3 points, or 0.36
per cent, at 4,505.1 points, while the broader All
The MSCI Asia Pacific Index lost 0.3 percent to 113.89 at 1:04 p.m. in Tokyo,
led by banks and commodities producers. Westpac Banking Corp. declined as the
cost of protecting Australian government bonds from default jumped to a
nine-month high. Futures on the U.S. Standard & Poor’s 500
The euro strengthened 0.6 percent against the dollar at 7:28 a.m. in New York,
snapping four days of declines, and ended a three-day drop against the yen. The
MSCI Emerging Markets Index added 1 percent after falling 6.1 percent in the
past three sessions. Futures on the Standard & Poor
