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Euro hovers near 4-month low as mixed messages from EU officials kept fears alive..
Good Morning, – Euro hovers near 4-month low as Cyprus bailout decision and mixed messages from European officials kept fears alive. – Asian shares : Japan’s Nikkei +0.18%, Hong Kong’s Hang Seng +0.69%, Korea’s Kospi +0.49%, Australia’s ASX 200 +0.85% and China’s Shanghai +0.16%. – The European Central Bank sought to quash investor […]
..economists moved up their estimated dates for the FED’s first interest-rate increase…
Good Morning, – The dollar held firm at one-week highs on Friday, after surprisingly strong U.S. jobs growth yesterday. – Asian shares: Japan’s Nikkei 0.58%, Hong Kong’s Hang Seng -0.03% (07:09 GMT), Korea’s Kospi -0.07%, Australia’s ASX 200 0.59% and China’s Shanghai -0.19%. – U.S. markets shut on Friday for the Independence Day […]
British Pound rallies most since 2009…
Good Morning, – British Pound rallies most since 2009…and the Euro trade again under pressure ahead of U.S. jobs report later today. – Germany’s Wolfgang Schaeuble with a bearish tone for next Greek meeting May 11th. Expectations for Monday are not high. Will meet with Greek colleague before the meeting (interesting turn of […]