Recent Articles by Ed Thomas

November 9th, 2012 05:07:35 GMT.

ForexLive Asia Wrap Up: TGIF

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New Zealand October card spending rose 0.4%. RBA monetary policy statement, repeats monetary policy appropriate ‘for the time being.’ Cuts 2013 GDP outlook to 2.25%-3.25%. President Obama to make speech on economy tomorrow. Summers says Europe situation more grave than … Continue reading

2012-11-09T05:07:35+0000

November 9th, 2012 05:00:35 GMT.

Japan October consumer confidence

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fell to 39.7 (survey 39.5, prior 40.1) TOKYO, Nov 9 (Reuters) – Japanese consumer confidence deteriorated in October, a Cabinet Office survey showed on Friday, in a sign that economic uncertainty weighed on sentiment. The survey’s sentiment index for general … Continue reading

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November 9th, 2012 01:24:37 GMT.

PBOC sets Yuan rate at 6.3012 vs 6.3060 yesterday

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In case you missed it (because I did) the BOK left their key interest rate unchanged at 2.75%  as expected.  In the meantime AUD/USD moving higher towards 1.0400 before the China CPI/PPI numbers in a few minutes.

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2012-11-09T00:57:34+0000

November 9th, 2012 00:33:35 GMT.

RBA monetary policy statement

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Cuts 2013 GDP outlook on weaker mining, fiscal tightening. Demand surge could boost inflation as A$ effects wane. Sees gradual fall in bulk commodity prices in longer term. Sees 15% terms of trade drop by year-end vs 2011 peak. Says … Continue reading

2012-11-09T00:33:35+0000
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