Posts Tagged ‘month’
Low Yielding Currencies Gain On Weak US Data
August 20th, 2010 | 
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The dollar gained against most of its rivals on Thursday as risk aversion increased on concern US economic growth is faltering. US initial jobless claims in the week ending August 14 climbed to a 9-month high and the August Philadelphia Fed manufacturing index turned negative for the first time since
Posted in Forex Trading | 
Tags: August, aversion, concern, dollar, economic growth, Fed, growth, Index, initial jobless claims, manufacturing, month, Philadelphia, philadelphia fed, risk, risk aversion, rivals, Thursday, time, US, week, week ending august | 
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Dollar Index Surges, Reversing Downtrend
The dollar rose against most of its rivals on Friday. US July retail sales increased in line with forecast; July inflation was tame; and August consumer sentiment rebounded from an 8-month low. The S&P 500 declined 4.36 to 1,079.25, pressured by disappointing sales reports from US retailers in July. The
Shoppers clean up at this year’s GSS
CASH registers rang loud and clear during this year's Great Singapore Sale (GSS), according to MasterCard. Total spending by local and tourist MasterCard holders jumped 28 per cent year- on-year to $1.21 billion.
Total transactions by MasterCard holders were also higher during the two- month GSS from May 28 to July 25. They rose 18 per cent year-on-year to 7.2 million.
'This year's GSS shows rebou... more
GBP/USD Breaks Resistance
The dollar traded mostly higher on Tuesday. US May 20-city home prices posted the largest year-over-year gain since August 2006, but July consumer confidence fell to a 5-month low. The S&P 500 declined 1.17 to 1,113.84. The euro rose to a 2-month high versus the yen after data showed German
US Q2 Company Earning In Focus
U.S. Dollar Trading (USD) the market remained cautious but optimistic Monday ahead of the start of US company earning releases. Alcoa was in focus after hours in New York and strong numbers help lift US futures to fresh month highs. Risk appetite may be tempered however as Eurozone concerns still
STI resilient as Shanghai stocks fall
WITH Wall Street closed for the 4th of July holidays and Shanghai's key index sliding to a 14-month low, there was no way for the local bourse but to head south.
That said, the Straits Times Index still showed remarkable resilience by remaining largely range-bound on low volumes, and closing the session just 0.17 of a point down at 2,844.02.
Traders said that whatever little volume that was being ... more
Posted in Singapore Financial News |
Tags: 4th of july, bourse, holidays, Index, July, month, point, remarkable resilience, resilience, session, Shanghai, Straits, straits times index, Times, volume, Wall Street, way |
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