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August 2010
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Archive for August, 2010

Forex Exchange Morning Report

No follow through from Friday. Expectations for the US data releases may have been higher than the published consensus, because the releases coincided with the clear turnaround in US equities. Personal spending slightly beat consensus but personal income just missed, questioning the sustainability of the former. The S&P500 is currently

New Zealand Trade Balance Deficit Widens As Imports Increases More Than Expectations

The New Zealand economy released a widen in the trade balance for the first time in seven months during July, as the New Zealand imports of vehicles and petroleum products increased, which has a negative effect on gains in the exports of milk powder, butter and cheese.

Key gauge says that stocks are dirt cheap now

With the market down three weeks in a row, investors are understandably grim. But there is a silver lining.

Silver - Business - Investing - Precious metal - United States

Yen Falls as Risk Aversion Eases

The dollar traded mixed on Friday, higher against the yen but lower versus the commodity currencies as risk appetite rose. Federal Reserve Chairman Ben Bernanke said the Fed is prepared to provide additional unconventional stimulus measures if needed. US GDP growth slowed less than expected in Q2 2010. The S&P

Pet hotel woos pet owners at Natas fair

FOR the first time at the Natas travel fair this weekend, there is something for everyone, including their pets. A pet hotel is out to woo travelers who need a boarding place for their furry companions while they are away on vacation. Petopia, a pet-wellness centre in Seletar Hills Estate that made news recently for offering luxury pet spa services, is pitching tailor-made holiday itineraries,... more

New Home Sales Plunge To Record Low

The Japanese yen relinquished some of its recent strength versus the greenback in the Wednesday session, shedding almost 1%. Meanwhile, the major currencies were marginally higher against the dollar, with the British pound edging up by 0.35%. US equities also recouped from earlier losses, finishing slightly higher as the Dow
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