| British Pound Volatility Ahead on Bank of England Rate Decision (DailyFX) British Pound Volatility Ahead on Bank of England Rate Decision Fundamental Forecast for British Pound: Neutral - Technical Positioning Hints Pound to Reverse Lower vs US Dollar - Rates Outlook Key as British Pound Clings to UK-US Libor Spread The British Pound may turn volatile in the week ahead as the Bank of England delivers the first rate decision based on an updated inflation outlook taking into account the government’s austerity budget. finance.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 |
China: How to share in forecast renminbi rises [at Financial Times] - The long march towards a truly international Chinese currency has recently taken some small but highly significant steps. In August, hamburger chain McDonald s became a trailblazer in the renminbi-denominated bond market, as it issued $29m of debt in Hong Kong - a first by a western company. 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 |