| High dollar eats into commodity gains Commodity prices have lifted for the sixth consecutive month but the gains were gobbled up by the strong New Zealand dollar.The ANZ Commodity Price Index, which measures a basket of products in the most relevant currency, rose... nzherald.co.nz |
EURUSD: Trading the U.S. Non-Farm Payroll Report (Daily FX) Early forecasts are for the U.S. economy to have lost another 175,00 jobs in September which would be the smallest amount in thirteen months adding to the signs that the current recession is ending. us.rd.yahoo.com |
Euro-Zone Inflation Continues To Decline Leaving ECB on Hold (Daily FX) Euro-Zone consumer prices in October fell for a fifth straight month by 0.1% but the pace of the decline slowed from -0.3% the month prior. Energy costs down 0.8% from a year ago was the main driver for the disinflation, but the core reading slipping to 1.1% from 1.2% signals broader weakness. us.rd.yahoo.com |
British Pound Looks Forward to Week of Considerable Volatility (Daily FX) British Pound Looks Forward to Week of Considerable Volatility Fundamental Forecast for British Pound: Neutral - Warning on UK Sovereign Rating sends British Pound tumbling - British Pound fails to react to Bank of England announcement - View our monthly British Pound/US Dollar Exchange Rate Forecast An uneventful week of British economic event risk left the domestic currency modestly lower against the resurgent US Dollar through Friday’s close. us.rd.yahoo.com |
Brian Fallow : How's the economy? Depends who you ask Whether it is Alan Bollard setting the official cash rate rate or businesspeople contemplating investment, decision-makers face the problem that two plausible, but very different, stories can be told about the economic outlook.The... nzherald.co.nz |