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Messages - Hemant
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176
« on: April 01, 2011, 05:01:25 pm »
Nigeria's Forex Purchases Have Interbank Rates risen on forex purchasesNigerian interbank lending rates rose to an average of 10.58 percent this week from 10.41 percent last week after big cash outflows to foreign exchange purchases drained liquidity from the system, traders said on Friday. Source: Nigeria's Forex Purchases Have Interbank Rates risen on forex purchases
177
« on: April 01, 2011, 05:00:55 am »
Gold, Palladium Advances on Libya Conflict, Global Debt Concerns « Top Mining NewsGold climbed, extending the longest streak of quarterly gains in more than three decades, as the conflict in Libya and European debt concerns spurred demand for the metal as an alternative investment. Palladium also rose. Source: Gold, Palladium Advances on Libya Conflict, Global Debt Concerns « Top Mining News
178
« on: March 31, 2011, 05:10:30 pm »
Aussie, Will You Stop with Your Records? ? Forex NewsThe Australian dollar was little changed today, but earlier at this trading session it, guess what, reached the new record versus the US dollar. Source: Aussie, Will You Stop with Your Records? ? Forex News
179
« on: March 31, 2011, 05:00:46 am »
Greece to Sell Islands as Debt Problem Seems InsolubleGreece?s plan to raise billions of euros from state-owned land may fail if the government succumbs to pressure to keep assets in public hands, according to Miltos Kambourides, managing partner at Dolphin Capital Partners. Source: Greece to Sell Islands as Debt Problem Seems Insoluble
180
« on: March 30, 2011, 05:06:32 pm »
Japanese Yen Falls as Investors Prefer Higher Yielding AssetsThe Japanese yen weakened today, falling to the lowest level in almost three week, as the economic growth in the US and across rest of the world makes higher-yielding assets more preferable for investors than safer ones. Source: Japanese Yen Falls as Investors Prefer Higher Yielding Assets
181
« on: March 30, 2011, 11:02:09 am »
EUR/USD Falls on Good US Employment, Attempts to ReboundEUR/USD fell after the report showed the strong growth of the US employment, yet now the currency pair attempts to regain ground. Source: EUR/USD Falls on Good US Employment, Attempts to Rebound
182
« on: March 30, 2011, 05:00:39 am »
EUR/JPY on 2011 Record High as Rate Hike SpeculationsThe euro rose to a 10-month high versus a broadly weaker yen on Wednesday, on expectations that euro zone interest rates will rise in April, in contrast to forecasts for a prolonged period of monetary easing in Japan. Source: EUR/JPY on 2011 Record High as Rate Hike Speculations
183
« on: March 29, 2011, 05:17:04 pm »
Trade Surplus Makes New Zealand Dollar Stronger ? Forex NewsThe New Zealand dollar advanced today after the nation?s traded balance posted a surplus for the first time in eight months as commodity prices continue to advance. Source: Trade Surplus Makes New Zealand Dollar Stronger ? Forex News
184
« on: March 29, 2011, 11:07:58 am »
South Korean Won Becomes Stronger with Better Global Economy ? Forex NewsThe South Korean won rose today on the forecast that the influence of the global economic recovery will outweigh the negative impact of the earthquake and the radiation leak in Japan. Source: South Korean Won Becomes Stronger with Better Global Economy ? Forex News
185
« on: March 29, 2011, 05:00:55 am »
Emerging East Asia bonds hit $5.2 trillion in 2010The Asian Development Bank says emerging East Asia's bond markets have expanded by 13.6 percent to $5.2 trillion in 2010 on the back of strong growth in corporate bonds. Source: Emerging East Asia bonds hit $5.2 trillion in 2010
186
« on: March 28, 2011, 05:31:45 pm »
Unfavorable Day for Copper, Gold & Crude OilCopper declined on the speculation that demand from Japanese car-makers will fall. Gold weakened on the signs of the economic recovery on the US. Crude oil fell on the outlook that the disaster in Japan and the sovereign-debt crisis in Europe will diminish demand for the fuel. Source: Unfavorable Day for Copper, Gold & Crude Oil
187
« on: March 28, 2011, 11:13:15 am »
EUR/USD Crawls Back to Friday?s ClosingEUR/USD opened this week a way below the close of previous week and was gradually rising to the closing level of last Friday over this session. Source: EUR/USD Crawls Back to Friday?s Closing
188
« on: March 28, 2011, 05:00:35 am »
Aussie & Kiwi Retreat as Fed Considers Removing StimulusThe New Zealand dollar fell and the Australian dollar reversed its upward trend versus the US dollar today on the speculation that the Federal Reserve may end its asset-purchasing program, reducing amount supply of the US currency. Source: Aussie & Kiwi Retreat as Fed Considers Removing Stimulus
189
« on: March 27, 2011, 05:11:41 pm »
Restriction on Currencies May Threaten Economic RecoveryBank of Canada Governor Mark Carney said the global recovery could be undermined if policy makers react to the growing power of emerging markets and rising commodity prices with restrictions on currencies and capital flows. Source: Restriction on Currencies May Threaten Economic Recovery
190
« on: March 27, 2011, 05:02:38 am »
Companies to Profit on Gold and Silver Price Increase « Top Mining NewsMost metallic currencies are witnessing considerable price increases this year so far, as both international tensions push traders to safe investments, the demand for metals is also growing in countries like China, creating a perfect scenario for metals as a good investment in 2011. Source: Companies to Profit on Gold and Silver Price Increase « Top Mining News
191
« on: March 26, 2011, 11:00:24 pm »
Forex Outlook: Euro Down on Spanish, Portuguese EconomyThe euro slipped on Thursday, dented by worries over a political crisis in Portugal and the health of the Spanish banking system but helped by Middle-East demand and the belief that euro zone interest rates would rise. Source: Forex Outlook: Euro Down on Spanish, Portuguese Economy
192
« on: March 26, 2011, 01:13:51 pm »
Canada Dollar Rebounds on Portugal Bailout, Oil PriceCanada?s dollar strengthened against its U.S. counterpart for the first time in three days as crude oil, the nation?s biggest export, traded at almost the highest level in 29 months. Source: Canada Dollar Rebounds on Portugal Bailout, Oil Price
193
« on: March 25, 2011, 11:04:36 pm »
Euro Analysis: Climbing On ECB Rate OutlookThe euro advanced against the dollar for the first time in three days as European Union leaders began a two-day meeting on measures to contain the region?s sovereign-debt crisis. Source: Euro Analysis: Climbing On ECB Rate Outlook
194
« on: March 25, 2011, 05:01:23 pm »
Forex Market News: Weaker Dollar and Bullish Stocks Support Latam CurrenciesKey Latin American currencies firmed on Thursday, supported by a weaker dollar and rising stock markets, but analysts noted a lack of conviction behind the gains amid a host of global risks. Source: Forex Market News: Weaker Dollar and Bullish Stocks Support Latam Currencies
195
« on: March 25, 2011, 11:00:24 am »
CHF Analysis: Franc Falls as Optimism Gains MomentumThe Swiss franc is known for its safety investment profile, usually appreciating when markets face pessimist and uncertain times. Today, the franc decline as optimism gained moment in markets worldwide. The franc lost as economics suggest that even if with European sovereign debt concerns, the economic recovery is sustainable, raising risk appetite, and decreasing attractiveness for safer investments like the Swiss franc and the Japanese yen. Source: CHF Analysis: Franc Falls as Optimism Gains Momentum
196
« on: March 24, 2011, 11:03:06 pm »
Currency Market News: Zloty Climbs on Poland's Economic DataPolish retail sales growth accelerated in February, boosted by extra working days, supporting arguments for the central bank to raise interest rates to tame consumer demand and strengthening the zloty. Source: Currency Market News: Zloty Climbs on Poland's Economic Data
197
« on: March 24, 2011, 11:08:42 am »
Russia Stocks Most Expensive Since 2008Russian stocks are trading at the most expensive relative valuations since September 2008 after surging oil prices spurred mutual funds to pour record amounts of money into the world?s largest energy exporter. Source: Russia Stocks Most Expensive Since 2008
198
« on: March 24, 2011, 05:00:36 am »
UK Retail: Pound Suffers from Report Negative DataThe pound declined against the dollar and the euro and two-year government notes rose after data showed U.K. retail sales dropped more than economists forecast in February. Source: UK Retail: Pound Suffers from Report Negative Data
199
« on: March 23, 2011, 05:21:45 pm »
U.K. Stocks Climb Following BOE MinutesU.K. stocks climbed, led by a rally in mining companies, as base metals advanced and minutes from the Bank of England?s last meeting reduced speculation of an imminent interest-rate increase. Source: U.K. Stocks Climb Following BOE Minutes
200
« on: March 23, 2011, 05:08:55 am »
Gold May Trade at $5,000 An Ounce in 3 Years According to Canadian Mining Companies « Top Mining NewsThe price of gold may hit $5,000 per ounce, nearly three times current levels, in three to four years, as demand from sovereign states, central banks and exchange-traded funds (ETFs) rises, the chairman of two Canadian gold mining companies said. Source: Gold May Trade at $5,000 An Ounce in 3 Years According to Canadian Mining Companies « Top Mining News
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