| China: Forex holdings doing comparatively well (at MarketWatch) China s State Administration of Foreign Exchange, which manages the nation s massive foreign-exchange reserve holdings, says its funds have survived the financial crisis without significant losses and that they would continue to earn strong returns in the long term. us.rd.yahoo.com |
Eurozone divided as Germany speeds on (at Financial Times) Few would have guessed that in the months when eurozone leaders held repeated crisis meetings to ensure the very survival of the currency bloc, their combined economies were growing at their fastest rate in more than three years. us.rd.yahoo.com |
Treasurys, dollar up vs euro after spending, PCE (at MarketWatch) Treasury prices held onto gains and the dollar stayed higher against the euro on Monday after U.S. data showed personal spending rose 0.4% in July, while the report s measure of inflation increased 0.2%. us.rd.yahoo.com |
U.S. dollar slips, gold steady before U.S. jobs and G7 The U.S. dollar headed for a fourth week of declines on Friday, supporting gold and emerging market equities while also reflecting strong convictions before U.S. job data and contentious international meetings about currencies. finance.yahoo.com |
Currencies: Treasurys slip after jobless-claims data The benchmark 10-year Treasury note pulls back modestly in the face of jobless-claims data. Bond traders will turn their focus to the Philly Fed index on regional manufacturing and to leading economic indicators, as well as to the Treasury's schedule of upcoming debt sales. us.rd.yahoo.com |