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Tag: january

European Central Bank Maintains Key Interest Rate In January

Jan 12 2012 13:01:03 Forexbrokerz.com in Market

The European Central Bank left its interest rates unchanged on Thursday, after lowering it in the previous two months. The Governing Council led by ECB President Mario Draghi decided to maintain the main refi rate at 1 percent in line with economists' expectations. Read more

Research: Bok Likely to Keep Policy Rate unchanged in January

Jan 12 2012 11:31:34 Forexbrokerz.com in Market

Quotes from Standard Chartered: -We expect the Bank of Korea (BoK) to keep its base rate unchanged at 3.25% for the seventh consecutive month at its 13 January policy meeting. Read more

Research: Symmetrical Triangle in Copper Suggests a Decisive Breakout in Price Action Before the End of January

Jan 11 2012 11:31:04 Forexbrokerz.com in Market

Quotes from Standard Chartered: -Technical signals are also worth following closely in copper. The market is currently trading in a symmetrical triangle (a continuation pattern), which suggests a decisive breakout in price action before the end of January. Read more

Research: China's Trade Growth very Likely to fall Substantially in January

Jan 10 2012 11:31:06 Forexbrokerz.com in Market

Quotes from Societe Generale Cross Asset Research: -Chinese data in next two months will be even harder to read, due to the Chinese New Year. In January, trade growth is very likely to fall substantially, as there will be only 17 work days. Read more

Poland to Borrow 25 Pct of Total 2012 Funding Needs by January

Jan 04 2012 16:31:05 Forexbrokerz.com in Market

News Polish finance ministry official said that country will borrow 25 pct of total needs by January itself Poland has sold around 6.31 billion zloty worth of bonds in exchanged for shorter dated paper so far this month The material has been provided by Instaforex Company - instaforex. Read more

Research: European and Emerging Equity Markets Still Look Vulnerable Beyond January

Jan 04 2012 14:31:27 Forexbrokerz.com in Market

Quotes from Barclays Capital: -The crisis in Europe is a major burden and as credit conditions stay tight, investors are exhibiting little appetite for risk in the continent or even in Asia. Read more

Research: Market Positioning may Help Extend Risk Rally in Early January

Jan 04 2012 09:31:05 Forexbrokerz.com in Market

Quotes from Standard Chartered: -Despite the negative backdrop, market positioning may help extend risk rally in early January, as the market is clearly not expecting it. Read more

France To Auction EUR7-EUR8 Bln Bonds On January 5

Dec 30 2011 11:31:03 Forexbrokerz.com in Market

France plans to raise between EUR 7 billion and EUR 8 billion from its first long-term debt auction for 2012, set for next Thursday, the Treasury announced Friday. The agency will issue bonds, known as OATs, for 10, 12, 24 and 30-years maturity. Read more

Dollar Rockets To Highest Since January Versus Euro

Dec 28 2011 17:01:03 Forexbrokerz.com in Market

The dollar surged to its highest since January versus the slumping euro on Wednesday, as enthusiasm about Italy's successful bond auction gave way to concerns about the European banking sector. Read more

German GfK Consumer Sentiment To Stabilize In January

Dec 20 2011 09:01:18 Forexbrokerz.com in Market

German consumer confidence is set to stabilize at the start of 2012 defying fears of recession, as higher economic and income expectations buoyed sentiment in December. The forward-looking consumer confidence index is seen at 5. Read more

Dollar Busts Through $1.30 Versus Euro, Highest Since January

Dec 14 2011 13:01:06 Forexbrokerz.com in Market

The dollar jumped above $1.30 for the first time since January against the euro on Wednesday, after the Federal Reserve held steady on interest rates and gave a relatively hopeful assessment of the U.S. economy. Read more

Euro Drops To Lowest Since January

Dec 13 2011 16:01:07 Forexbrokerz.com in Market

The euro slumped to its lowest since January on Tuesday, as early gains fizzled due to lingering concerns about Europe's sovereign debt crisis. Traders shrugged of positive economic news from Germany, ahead of this afternoon's interest rate announcement from the U.S. Federal Reserve. Read more

Dollar Nearing January Highs As Europe Dithers On Rescue; S&P Cuts Belgium

Nov 26 2011 12:51:59 Forexbrokerz.com in Market

The dollar jumped to its highest since early October versus the euro on Friday, bolstered by fears that European officials lack the coordination to handle an escalating sovereign debt crisis. Read more

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