Sep 23, 2010

Your forexlive.com ENewsletter

Your forexlive.com ENewsletter

Link to ForexLive

Update: EFSF Head Regling: Have No Doubt Euro Will Survive

Posted:

--Adds Comments To Story Sent At 07:52 GMT BERLIN (MNI) - European Financial Stability Fund (EFSF) head Klaus Regling said Thursday the Eurozone will not break up over the current sovereign debt crisis but rather will ...

Update: EFSF Head Regling: Have No Doubt Euro Will Survive

Posted:

--Adds Comments To Story Sent At 07:52 GMT BERLIN (MNI) - European Financial Stability Fund (EFSF) head Klaus Regling said Thursday the Eurozone will not break up over the current sovereign debt crisis but rather will ...

Irish/German 10 year bond yield spread hits euro lifetime high of 426 bps

Posted:

Worries surrounding Ireland's financial woes just won't go away. This morning we've had talk Ireland may not pay subordinated bond holders.  Same as it ever was.  But highlights heightened concerns. EUR/USD is struggling to rally so far against this backdrop (plus poor PMI data).  US investment bank (you know the one) just ...

Update: UK BBA: Aug Mortgage Approvals Lowest Since Apr 09

Posted:

--Adds Detail To Version Transmitted At 0830 GMT --UK BBA: Aug sa Mortgage Approvals 31,767 vs 34,219 Jul --UK BBA: Aug sa Remortgage Approvals 23,906 vs 23,022 Jul --UK BBA: Aug Value of Loans for House Purchase stg4.683 bln --UK BBA: Aug Mortgage Approvals Lowest Since April 2009 ...

BOE Dale: UK Output In H1 Has Been ‘Encouraging’

Posted:

LONDON (MNI) - UK output figures for the first half of the year have been encouraging, Bank of England Chief Economist Spencer Dale has said in an interview with the Western Mail newspaper. But he added that this strong ...

Asian sovereign buys EUR/USD below 1.3350

Posted:

I thought Korea was on holiday ;) No higher though, presently at 1.3349.

UK mortgage approvals for home purchase 31,767 in August

Posted:

Down from 34,219 in July. Below median forecast of 33,698 (thought that was too high). UK housing market in a lot of trouble.  Shock horror.

UK BBA: Aug Mortgage Approvals Fall To Lowest Since Apr 09

Posted:

--UK BBA: Aug sa Mortgage Approvals 31,767 vs 34,219 Jul --UK BBA: Aug sa Remortgage Approvals 23,906 vs 23,022 Jul --UK BBA: Aug Value of Loans for House Purchase stg4.683 bln --UK BBA: Aug Mortgage Approvals Lowest Since April 2009 ...

UK DATA: BBA: Aug Mortgage Approvals Fall To Lowest..

Posted:

UK DATA: BBA: Aug Mortgage Approvals Fall To Lowest Since Apr 09 --UK BBA: Aug sa Mortgage Approvals 31,767 vs 34,219 Jul --UK BBA: Aug ...

Think BIS sold cable

Posted:

Hearing of someone quoting BIS lower on cable when it was around 1.5660 in the market and they passed. Would inimate they were looking to sell.  Pairing subsequently down at 1.5642.

Russia buys EUR/USD

Posted:

EUR/USD up at 1.3360 from 1.3348. .  There had been earlier talk of Russia needing to buy euros related to rebalancing basket.

EUR/USD extends sell-off; buy orders, stops noted

Posted:

Euro hasn't yet shaken off the effects of the very p0or PMI data, presently posting session low 1.3352. Talk of Asian buy orders around 1.3350 with stops below there and further stops below 1.3335.

Germany finance agency says cuts Q4 debt issuance to 60 bln euros from originally planned 89 bln euros

Posted:

Says cutting Q4 issuance due to favourable budget developments, situation on financial markets Favourable budget developments, that sounds good.  EUR/USD up at 1.3370 from the session low 1.3356 reached post weak euro zone PMI data release.

Germany Slashes Q4 Sovereign Issuance By E26 Bln To E60 Bln

Posted:

FRANKFURT (MNI) - Germany is cutting its total sovereign issuance in the fourth quarter by E26 billion to E60 billion, Germany's Federal Finance Agency announced Thursday. The cut had been expected given that Germany's economic and budgetary position is better ...

EFSF Head Regling: Have No Doubt Euro Will Survive

Posted:

BERLIN (MNI) - European Financial Stability Fund (EFSF) head Klaus Regling said Thursday the Eurozone will not break up over the current sovereign debt crisis but rather will emerge in better shape. "I've no doubt that the euro will survive ...

Euro zone September flash manufacturing PMI 53.6

Posted:

Down from 55.1 in August and below median forecast of 54.5. Services PMI 53.6 as well, down from 55.9 in August and below median forecast of 55.5. Composite PMI 53.8, down from 56.2 in August and below median forecast of 55.7.

Dutch final Q2 GDP revised up

Posted:

To 1.0% q/q, 2.2% y/y from previous 0.9%, 2.1% respectively.

German September flash manufacturing PMI 55.3

Posted:

Down sharply from 58.2 in August and demonstrably weaker than median forecast 57.6. EUR/USD down at 1.3374. Services PMI 54.6, down from 57.2 in August and demonstrably weaker than median forecast of 57.0. Composite PMI 54.8, down from 58.4 in August. .

BIS buys EUR/USD in recent trade

Posted:

But its no firmer. Presently at 1.3388. Yesterday they seemed to be fairly consistent buyers with the odd sale thrown in.

Spencer Dale warns of “aggressive” rise in rates if Bank of England loses credibility on inflation

Posted:

Heaven help us. EUR/GBP steady at .8550, hardly changed on day.  Talk of real money sell interest up around .8575.  The 200 dma is noted up at .8595.  Could well be stops not far north of there.
posted by

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)