Archive for July 12th, 2010

Putin Price Curbs Spur First Bond Profits as Stock Values Sink
BusinessWeek
a guide to expectations for currency movements as they allow foreign investors and companies to fix the exchange rate at a specific level in the future.

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Yen Near Two-Week Low on Stock Gains; Euro Drops on Debt Concern
BusinessWeek
continued profit growth at US companies,” said Hiroshi Higa, senior strategist in Tokyo at MoneySquare Japan Inc., an online currency trading company.

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Australia, NZ Dollars Near Highest Since June on Alcoa Profit
BusinessWeek
positive and that will give the commodity currencies a bid tone,” said Tony Allen, head of currency trading at ANZ National Bank Ltd. in Wellington.

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United Kingdom RICS House Price Balance falls to 9% in Jun from 22%
Forexrazor
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work

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Canadian stocks notch slight losses as commodity prices decrease
Xinhua
Gold for August delivery retreated 1.05 percent to 1197.10 US dollars an ounce on the New York Mercantile Exchange on Monday. Crude oil for August delivery

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Forex: EUR/JPY hovering around 111.50
NASDAQ
FXstreet.com (Córdoba) – The Euro lost ground against the Yen on Monday and fell for the second day in a row but managed to hold above 111.00.

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Reuters Africa
Gold dips below 1200 dollars as dollar firms
Xinhua
The most active gold contract for August delivery lost 11.1 dollars, or 0.9 percent, to finish at 1198.7 US dollars per ounce.
Your Single Best Defense!Uncommon Wisdom Daily

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Daily Forex Signal: EUR/CHF to Test Swiss Bank Resolve
Forexrazor
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work

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Globe and Mail
BP's Oil Clean-up Cost Rises to US $3.5 Billion
CRIENGLISH.com
British oil giant BP said Monday the cost of cleaning up the oil spill in the Gulf of Mexico has climbed to 3.5 billion US dollars. That figure included the
BP oil spill cost reaches £2.3bnThe Press Association
Robots replace cap over gushing BP oil wellSydney Morning Herald
BP to begin tests on new oil spill containment capIndependent
Brisbane Times -istockAnalyst.com (press release)
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China Surplus Shows World Economy Falling Back into Bad Habits
BNET (blog)
China's new exchange rate policy took the pressure off Hu Jintao when he traveled to Toronto for the recent G-20 meeting, but it appears unlikely to do much

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