| ECB s bond purchases slow sharply (at Financial Times) The European Central Bank s controversial purchases of government bonds in response to the eurozone debt crisis have slowed sharply, in what investors said could be a sign that the eurozone crisis is easing and that Europe may have turned a corner in its debt crisis. us.rd.yahoo.com |
Vestas Wind Systems swings to loss, cuts outlook (at MarketWatch) Vestas Wind Systems said Wednesday that it swung to a second-quarter net loss of 119 million euros from a profit of 43 million euros as the company also cut its outlook for 2010. The wind turbine producer said revenue fell 17% to 1.01 billion euros due to low capacity utilization. us.rd.yahoo.com |
NZ dollar rises on day of positive news A day after falling in reaction to the collapse of South Canterbury Finance the New Zealand dollar rose in reaction to strong economic data in Australia and China.The NZ dollar was at US70.19c at 5pm from US69.72c at 8am and US70.30c... nzherald.co.nz |
Japan's Noda vows decisive FX moves after G7 meeting Japanese Finance Minister Yoshihiko Noda said on Tuesday that Japan will continue to take decisive steps against excessive currency moves, including intervention, helping the dollar to recover further from a 15-year low against the yen. finance.yahoo.com |
UPDATE - EMERGING MARKETS-Stocks, FX up post-G20 as dollar falls * Emerging stocks see biggest one-day gain in two weeks * Russian, South African stocks and FX boosted by commods * Central bank decisions in Hungary, Israel us.rd.yahoo.com |