10 Updates

New Fed QE sends dollar lower; yen falls

Source: The Courier Mail, Dec 12 2012, 4:51pm CST

THE Federal Reserve's expected expansion of its quantitative easing bond-buying on Wednesday sent the US dollar lower for the third straight day, with the euro almost touching $1.31 before easing back. The yen meanwhile continued to sag ahe ...

Continue reading on: The Courier Mail

 
 
Update
10

4 minutes ago

Asia stocks extend losses after big sell-off

Source: NCB-WCNC Charlotte  |   May 24 2013, 1:07am CDT

BANGKOK (AP) — Asian stocks continued to retreat Friday after being routed the day before by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus ...

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Update
9

5 minutes ago

Dollar Fails to Break EUR/USDs 1.2750 Support as Risk, QE3 Fears Steady

Source: DailyFX  |   May 24 2013, 1:06am CDT

Japanese Yen Surge Tracking – Not Leading – Nikkei 225 Tumble Euro Finds a Mixed Bag as PMI Figures Pick Up, Spanish Bond Demand Slows Australian Dollar Refuses to Jump Start Serious Recovery British Pound Slides after GDP Details Show We ...

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Update
8

23 weeks ago


Quote:
"It's hard to imagine a change of government will lead to measures that have a real impact on the economy ... Behind the deflation is a structural problem - a shrinking population with low birthrates. This problem won't go away."


Source: The Courier Mail

 

Latest Politics News

 
Update
7

23 minutes ago

Kiwi dollar tipped to fall further

Source: Adelaide Now  |   May 24 2013, 12:48am CDT

THE New Zealand dollar is expected to fall below 80 US cents next week as an improving US economy spurred supporters for the greenback. The kiwi was trading at 80.93 US cents at 5pm in Wellington from 81. ...

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Update
6

34 minutes ago

ASIA MARKETS: Japan Stocks Plunge Back Into Losses

Source: FOX Business  |   May 24 2013, 12:37am CDT

HONG KONG – Japanese stocks plunged deep into losses Friday afternoon on a wave of selling, as remarks from the Bank of Japan governor failed to ease concerns about a rise in government-bond yields. The Nikkei Stock Avera ...

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Update
5

35 minutes ago

Japan's PM Abe defends policies as markets settle

Source: FindLaw: AP Professional News  |   May 24 2013, 12:36am CDT

TOKYO (AP) — Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo ...

Continue reading on: FindLaw: AP Professional News  More like this

 
Update
4

48 minutes ago

Currencies: Yen resumes advance vs. dollar

Source: MarketWatch  |   May 24 2013, 12:23am CDT

Want to see how this story relates to your portfolio? Just add items to create a portfolio now: LOS ANGELES (MarketWatch) — The Japanese yen gained Friday, resuming its advance against the U.S. dollar the previous day that was spurred in par ...

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Update
3

1 hour ago

Asian stocks shaky, Nikkei still seen vulnerable

Source: Economic Times  |   May 23 2013, 11:44pm CDT

SYDNEY: Japanese stocks turned negative on Friday and the yen reversed early losses, keeping intact worries that the Nikkei's largest one-day drop in two years may be the start of a bigger rout. In a sign that many are still spooked by Thursday's ...

Continue reading on: Economic Times  More like this

 
Update
2

1 hour ago

Markets whipsaw as investors reassess Fed fears

Source: Pittsburgh Entertainment  |   May 23 2013, 11:42pm CDT

NEW YORK â Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower. U.S. markets plummeted immediately after the opening bell on Thursday after a global slump prompted partly by ...

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Update
1

1 hour ago

Wild rides with Ben Bernanke

Source: Boston Herald  |   May 23 2013, 11:35pm CDT

Despite a sell-off in Japan and fears about future Fed action, the U.S. stock market weathered the storm yesterday, with the Dow closing down just 12.67 points, or 0.08 percent. The market held steady, despite varying i ...

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