| Japanese Capital Spending Rebounds in the Second Quarter (Daily FX) Japan?s Capital Spending fell -21.7% in the year through the second quarter, rebounding from the record -25.3% annualized drop recorded in the first three months of the year. The non-manufacturing component of the metric was behind the improvement, where spending fell -14.2%, the least in a year, having declined -27.6% in the prior quarter. us.rd.yahoo.com |
G-7 finance ministers warn recovery 'fragile' (AP) Finance ministers from the Group of Seven rich countries warned the recovery remains "fragile" and tried to talk up the U.S. dollar amid fears it could fall farther and disrupt the global economy. us.rd.yahoo.com |
First Merger Arbitrage ETF Introduced by IndexIQ (Business Wire) RYE BROOK, N.Y.----IndexIQ, a leading developer of index-based alternative investment solutions, has introduced the first merger arbitrage Exchange-Traded Fund designed to give investors exposure to global corporate merger & acquisition activity, which is rapidly increasing, it was announced today. us.rd.yahoo.com |
Forex Correlations Update: Euro/US Dollar Very Closely Linked with Gold Prices (Daily FX) The Euro/US Dollar has hit a near record-high correlation against gold prices, while the US Dollar/Japanese Yen currency pair has almost completely lost its historically strong link to movements in the S&P 500. us.rd.yahoo.com |
Daily Sound Bites (Daily FX) DAILY SOUND BITES A daily review of comments from selected officials across the globe and their respective insights into global macro economics as related to the foreign exchange market .... Â us.rd.yahoo.com |