| EUR/USD: Trading the U.S. Existing Home Sales Report (Daily FX) Demands for existing home in the U.S. are expected to improve for the fourth consecutive month in July, with economists forecasting purchases to increase 2.1% from the previous month, and the data is likely to reinforce expectations for an economic recovery later this year as the housing market begins to stabilize. us.rd.yahoo.com |
Dollar Ignores Jump in Retail Sales, Risk Appetite Bleeding Currency (Forex Video) (Daily FX) US retail sales surge the most in three and a half years; but does the dollar respond to the growth prospects or the risk appetite aspect? us.rd.yahoo.com |
Stocks sizzle as China debuts start-ups market (Reuters) The ChiNext stock market , China's long-awaited Nasdaq-style second board, debuted on Friday with a speculative surge that more than doubled the price of all 28 stocks during intraday trade -- a good sign for companies lining up to list on China's stock markets. us.rd.yahoo.com |
NZDUSD: New Zealand Dollar Short All But Triggered (Daily FX) NZD/USD Strategy: Pending Short Last week, we wrote that “NZDUSD has bounced sharply lower after a re-test of previously broken support at the lower boundary of a rising channel that had guided prices higher since the lows in March” but opted to remain on the sidelines until a break below horizontal support at 0.7144 yielded better risk/reward parameters for a short. us.rd.yahoo.com |
China surprises with bank reserve hike, markets hit (Reuters) China took its strongest step toward tightening monetary policy on Tuesday as the world's third-largest economy roars ahead, surprising investors with an increase in banks' required reserves that rocked global financial markets. us.rd.yahoo.com |