| Wary markets await Europe's stress test How much stress can Europe's banking system take?That question has put markets on edge amid the continent's government debt crisis, and European Union leaders hope to make a big step towards restoring confidence with the publication... nzherald.co.nz |
Currencies: Dollar holds most gains amid stress test results (at MarketWatch) The U.S. dollar stays higher against the euro and other currencies as the results of European banks stress tests to measure their capital levels are released. us.rd.yahoo.com |
Currencies: Dollar stays down after ADP, Chinese data [at MarketWatch] - The U.S. dollar extended losses on Wednesday after ADP said private U.S. companies cut 10,000 jobs in August, as analysts said it is unlikely to change expectations for Friday s nonfarm payrolls report. us.rd.yahoo.com |
OCR stays at 3pc, future hikes 'more moderate' Reserve Bank Governor Alan Bollard held the official cash rate at 3 per cent, as expected, and said the track for future rate hikes will be "more moderate" than previous forecasts as the Christchurch earthquake disrupts an already... nzherald.co.nz |
Wall Street Shares Rise; Dollar Weakens Again Investors reacted Monday to news that finance chiefs had agreed to avoid a currency war that could derail a recovery. us.rd.yahoo.com |