| G20 Pledges to Coordinate Stimulus Exit Plans to Limit Market Volatility (Euro Open) (Daily FX) Finance ministers and central bankers from the G20 nations pledged to coordinate plans to exit expansionary fiscal and monetary policies in a bid to limit destabilizing volatility in the interest rate and currency markets at a summit in London, but cooperation looks less likely as the economy improves. us.rd.yahoo.com |
U.S. service sector grows for first time in a year (Reuters) Activity in the U.S. service sector expanded in September for the first time since August 2008, while employment in the sector also improved, the Institute of Supply Management said on Monday. us.rd.yahoo.com |
Stocks Are Sharply Lower at Midday U.S. shares followed overseas markets lower as the dollar strengthened against European currencies. nytimes.com |
U.S. Inflation Rises On Energy Costs, Housing Starts Rebound (Daily FX) U.S. consumer prices in November rose to 1.8% from a year ago as expected up from -0.2% the month prior. A 4.1% rise in energy costs led to the annualized gains and pushed prices higher by 0.4% during the month. us.rd.yahoo.com |
Yen Strength to Continue (Daily FX) The US dollar is ending the week stronger but the Yen is the strongest of the major currencies. USDJPY weakness should extend next week us.rd.yahoo.com |