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FX round-up: Dollar pushes higher despite Fed remarks

FX round-up: Dollar pushes higher despite Fed remarks

Wed, 27 May 2015

The US dollar index reached a one-month peak on Tuesday on the back of stronger than expected data on US durable goods orders, house prices and new home sales. No less relevant, in parallel the greenb... [more]

French consumer confidence slips in May

French consumer confidence slips in May

Wed, 27 May 2015

French consumer confidence softened a touch in May as individuals reported fewer opportunities to save. A gauge of consumer confidence slipped to a reading of 93 points from 94 for the month before, a... [more]

Fed could slow rate hikes if global economy is weak

Fed could slow rate hikes if global economy is weak

Tue, 26 May 2015

The US central bank might slow the pace at which it hikes rates should global economic growth prove weaker than expected, a senior official. "If foreign growth is weaker than anticipated, the conseque... [more]

US new home sales jump in April

US new home sales jump in April

Tue, 26 May 2015

Sales of new homes in the US rebounded strongly in April, after suffering a sharp decline in March. According to data released on Tuesday, new home sales jumped 26% year-on-year in April to an annual ... [more]

S&P/Case-Shiller index sees US house prices rise 0.9% in March

S&P/Case-Shiller index sees US house prices rise 0.9% in March

Tue, 26 May 2015

US house prices rose in March, according to the S&P/Case-Shiller index, which monitors prices in 20 cities. Prices rose 0.9% on the month and 5% year-over-year. Economists had expected year-over-year ... [more]

US house prices climb in the first quarter, FHFA says

Tue, 26 May 2015

US house prices climbed in the first quarter, according to the Federal Housing Finance Agency (FHFA) House Price Index. House prices increased 1.3% year-on-year in the first three months of the year, ... [more]

US durable goods orders drop in April, as expected

Tue, 26 May 2015

US durable goods orders fell as expected in April, although the previous month's count was revised significantly higher. Orders for goods made to last more than three years dropped by 0.5% month-on-mo... [more]

Yuan is no longer undervalued, says IMF

Tue, 26 May 2015

China's tightly-controlled yuan currency is no longer undervalued, the International Monetary Fund said in a report on Tuesday. "Our assessment now is that the substantial real effective appreciation ... [more]

Beijing to strengthen its naval forces

Tue, 26 May 2015

The People's Liberation Army released on Tuesday a new White Paper on military strategy, who's focus was on four main areas: maritime, outer space, cyberspace and nuclear weapons. Chinese leaders said... [more]

Bank of America warns of the Spanish political uncertainty

Tue, 26 May 2015

Bank of America Merrill Lynch warned on Tuesday of the risks to investor sentiment in Spain of due to increased political uncertainty, following heavy losses for the ruling People's Party. The voting ... [more]

Japan rocked by 5.6-magnitude earthquake in Ibaraki prefecture

Mon, 25 May 2015

An earthquake hit Japan on Monday afternoon, the country's Meteorological Agency and various media reports confirmed. The quake - measuring 5.6 on the Richter scale - was centered in Ibaraki Prefectur... [more]

Spanish stocks sag in aftermath of regional elections

Mon, 25 May 2015

Spanish stocks began the morning lower as traders in Madrid reacted to the stiff punishment inflicted by the country´s voters on the ruling centre-right People´s Party (PP) in the wake of Sunday´s reg... [more]

Spanish centre-right PP to be forced into multiple regional coalitions

Sun, 24 May 2015

Spain´s centre-right party PP obtained the most votes in the country´s municipal elections, and a similar outcome was expected in the regional contests, which - pending full results for the regional e... [more]

Conservative challenger wins Polish presidential elections

Sun, 24 May 2015

On Sunday, Poland´s incumbent president Bronislaw Komorowski lost a run-off vote against his conservative challenger, Andrzek Duda, by a margin of 53% to 47%. The official results were due to be relea... [more]

Spaniards not about to throw economic recovery out the window, Berenberg thinks

Sun, 24 May 2015

The recovery in Spain´s economy is on track and Spaniards are not about to throw it away. Since mid-2013 Spain´s gross domestic product has been registering positive rates of growth, with non-performi... [more]

FX round-up: Cable registers strong upside move

Fri, 22 May 2015

Weaker than expected economic data Stateside gave the single currency a reprieve from recent selling pressure. Euro/dollar edged higher by 0.15% to reach 1.1110. That came as the latest figures from ... [more]

US CPI rises 0.1% month-on-month in April, down 0.2% year-on-year, as expected

Fri, 22 May 2015

The US consumer price index (CPI) rose 0.1% month-on-month in April, easing back from a 0.2% in March, as forecast by analysts. The Bureau of Labor Statistics said compared to a year ago the US fell f... [more]

Banks being probed over automated forex deals, report says

Fri, 22 May 2015

Wall Street banks may face further damaging allegations about their rigging of foreign exchange markets, as New York's banking regulator intensifies a probe into electronic trading, according to the F... [more]

Germany's Schäuble raises idea of Greek 'parallel currency'

Fri, 22 May 2015

Germany's finance minister, Wolfgang Schäuble, has reportedly suggested a "parallel currency" might need to be created for Greece to run alongside the euro if the country's bailout talks fail. Schäubl... [more]

German business confidence slips in May but beats forecasts; 1Q GDP growth confirmed at 0.3%

Fri, 22 May 2015

The German Ifo business climate index nudged down to 108.5 in May from 108.6 in April, marking its first drop since October last year, but still a touch ahead of analysts' expectations for a reading o... [more]

Eurozone consumer confidence weakens in May

Thu, 21 May 2015

Sentiment among consumers in the Eurozone declined this month, according to data from the European Commission. The flash estimate of the EC's consumer confidence indicator fell by 0.9 points to -5.5, ... [more]

US leading economic indicators climb in April

Thu, 21 May 2015

The US leading economic indicators (LEI) climbed in April, the Conference Board said on Thursday. The gauge, a weighted index of 10 indicators, rose 0.7% in April, signalling the world's biggest econo... [more]

US existing home sales fall unexpectedly in April

Thu, 21 May 2015

Sales of existing US homes fell unexpectedly in April, data from the National Association of Realtors showed on Thursday. According to the figures, existing home sales declined 3.3% month-on-month to ... [more]

US manufacturing PMI slips to 16-month low in May, Markit says

Thu, 21 May 2015

The growth rate of manufacturing activity in the United States unexpectedly slowed to a 16-month low this month, according to data released on Thursday by Markit. The Markit 'flash' US manufacturing p... [more]

Initial jobless claims rise a little more than expected

Thu, 21 May 2015

Weekly jobless claims in the US increased a little more than expected in the week ending May 16, according to data released by the Labor Department on Thursday. Initial jobless claims rose by 10,000... [more]

NASDAQ 100 Top Risers

Name Last Chg.% Time
Charter Communications Inc. 179.78 2.54 21:53
Mylan Inc. 70.55 1.28 22:03
Comcast Corp. 58.59 1.24 22:10
Liberty Global plc Series A 57.74 0.53 22:10
Whole Foods Market Inc. 42.45 0.35 22:10

NASDAQ 100 Top Fallers

Name Last Chg.% Time
Alexion Pharmaceuticals Inc. 165.94 -3.49 21:49
TripAdvisor Inc. 77.77 -3.11 22:10
Amgen Inc. 159.01 -2.79 22:03
Tractor Supply Company 88.33 -2.42 22:08
Autodesk Inc. 55.08 -2.31 22:10