Mar 9, 2010

Your forexlive.com ENewsletter

Your forexlive.com ENewsletter

Link to ForexLive

Fitch says United States vulnerable to interest rate shocks

Posted:

Share the love.

UK: Fitch says UK should aim to cut deficit to 3% by.

Posted:

UK: Fitch says UK should aim to cut deficit to 3% by 2014-15.

US: Fitch says US AAA rating secure in medium term…

Posted:

US: Fitch says US AAA rating secure in medium term.

UK January trade data weaker than expected

Posted:

UK January global goods trade deficit has come in at -7.987 bln, weaker than median forecast of -7.0 bln and biggest deficit since August 2008. Non-EU goods trade balance -4.834 bln,  much weaker than median forecast -3.40 bln and biggest deficit since January 2009. Getting reports of sovereign buying below 1.4950, ...

UK DATA: Jan global goods deficit Stg7.987bn vs in…

Posted:

UK DATA: Jan global goods deficit Stg7.987bn vs Stg7.01bn in Dec --Jan global goods/services deficit Stg3.768bn vs Stg2.599bn in Dec --Jan global goods deficit ex oil/erratics Stg7.432bn vs Stg6.548bn Dec --Jan global goods deficit median forecast Stg6.9bn; total Stg3.1bn ------------------------------------------------------------------------ The global goods deficit widened sharply in Jan to its highest level since Aug 2008, ...

Fitch says UK sovereign credit profile has deteriorated

Posted:

UK needs stronger fiscal adjustment UK and global outlook uncertain Among larger AAA sovereigns, urgency greatest for UK, Spain and France But UK still within tolerance of AAA rating Uncomfortable with fiscal adjustment path set out by UK authorities Comments have pressured sterling, cable down at session low 1.4950.

FRANCE: Fitch sees French debt rise among highest of.

Posted:

FRANCE: Fitch sees French debt rise among highest of AAA's -- France has strong finance flexibilty as core EMU member -- French defct cutting plan based on optimistic assumptions

UK: Strong fundamentals support UK AAA rating, says..

Posted:

UK: Strong fundamentals support UK AAA rating, says Fitch Ratings -- Fitch sees UK debt ratio stabilized by mid-decade -- UK sovereign credit profile has deteriorated.

EUR/USD lower again as European stocks slide

Posted:

European stocks are coming under accelerated selling pressure, helping pressure EUR/USD.  We're presently posting session low 1.3580 as risk aversion picks up.  Oil off three quarters of a buck, gold near session low. Earlier there was talk of sovereign buy interest from 1.3585 to 1.3570, including apparently China.  Lets see if they turn ...

USD/JPY retains heavy feel

Posted:

Rallied back over 90.00 in recent trade but comeback short-lived as it ran into selling by US investment bank. We're back down at 89.85.

ECB: ECB to hold fine-tuning Refi operation later to.

Posted:

ECB: ECB to hold fine-tuning Refi operation later Tuesday to drain liquidity from money market.

EUR/USD recovers after early dip; sovereign buying seen

Posted:

EUR/USD back up at 1.3622 having dipped to session low 1.3597 earlier. Russia and BIS have both been seen buying.  Sell orders tipped up at 1.3640/50.

ECB: ECB says banks deposited E245.5bln with it — a.

Posted:

ECB: ECB says banks deposited E245.5bln with it overnight -- a reduction from E260.0bln deposited on Mar 5. Banks also borrowed E70mln at the marginal rate. ECB added that Eurosystem has now purchased E39.859bln worth of covered bonds as of Mar 8.

Swiss February CPI index +0.1% m/m, +0.9% y/y

Posted:

Slightly weaker than median forecasts of +0.2%, +1.0% respectively. EUR/CHF trades around 1.4635, little changed in recent days.

FRANCE: The Agence France Tresor (AFT) has announced.

Posted:

FRANCE: The Agence France Tresor (AFT) has announced the creation of a new 50-year OAT, maturing April 25 2060. This new bond will be issued by syndication in the coming days, depending on market conditions, said the AFT. The joint lead managers are Barclays Capital, BNP Paribas, Deutsche Bank, JP ...

BELGIUM: Belgium has opened books Tuesday for new….

Posted:

BELGIUM: Belgium has opened books Tuesday for new 5-year benchmark issue with initial guidance at mid-swaps +7/9bps, according to sources familiar with the deal. Belgium, which borrows under the name of the Kingdom of Belgium, has mandated Barclays Capital, ING, SGCIB and UBS Investment Bank as joint bookrunners ...

FRANCE DATA: Jan sa merchandise trade deficit E3.681.

Posted:

FRANCE DATA: Jan sa merchandise trade deficit E3.681 bln after -E4.155 bln in Dec (revised from -E4.266 bln) -- Trade balance above MNI median analysts survey forecast of -E4.0 bln -- Please see MNI Mainwire for details

French trade balance better than expected

Posted:

French January trade balance has come in at -3.681 bln euros, better than median forecast of -4.0 bln.

Russian CBank shifts lower bondary of rouble band to 34.55 vs basket

Posted:

After buying $700 mln, traders report.

City workers face highest tax bill from next month

Posted:

Fears that London faces an exodus of bankers increased yesterday, as it emerged that many will have to pay more income tax from next month than in any of the capital's rival financial centres.  Report in The Independent.
posted by

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)