| Currencies: Aussie benefits from mostly upbeat RBA statement (at MarketWatch) The Australian dollar gets a lift Tuesday against its U.S. counterpart, after a mostly upbeat policy statement from the Reserve Bank of Australia. us.rd.yahoo.com |
German growth pushes eurozone GDP up 1% (at Financial Times) Germany on Friday reasserted itself as the economic growth engine of the eurozone, after gross domestic product expanded at a stellar 2.2 per cent rate in the second quarter compared with the previous three months. us.rd.yahoo.com |
EFG Eurobank s first-half profit down 44% (at MarketWatch) Greek bank EFG Eurobank Ergasias on Monday said its first-half net profit fell 44% to 95.1 million euros from 168.6 million euros earned in the year-earlier period. Net interest income rose 1.7% to 1.15 billion euros. us.rd.yahoo.com |
South Korea steers banks from forex lending South Korean regulators have asked banks to refrain from foreign currency lending in the latest move by Seoul officials edgy about rising cross-border capital flows and the strengthening won. us.rd.yahoo.com |
Currencies: Dollar pare losses after U.S. jobless claims The dollar pares losses after a U.S. report shedding light on unemployment. Treasury Secretary Geithner's published remarks that major global currencies are now "roughly in alignment" also are a foreign-exchange trading catalyst. us.rd.yahoo.com |