Asia stocks mixed as Chinese banks slide; Nikkei up 1.1%Wednesday, July 6, 2011 @ 1:59AMForex Pros – pros – Asian stock markets were mixed on Wednesday, amid renewed concerns over the euro zone’s debt woes, while shares in Chinese lenders slumped on reports Singapore’s Temasek Holdings sold shares to trim its exposure to the sector.
European stocks mixed, Carrefour tumbles; DAX up 0.1%Tuesday, July 5, 2011 @ 4:29AMForex Pros – pros – European stock markets were mixed on Tuesday, pausing after a six-day rally, as ongoing concerns over Greece’s sovereign debt woes and fears over a possible rate hike by China prompted investors to shun riskier assets.
Euro Starting to Struggle Above 1.4600 As Fundys Weigh; RBA CautiousTuesday, June 7, 2011 @ 12:18AMThe Euro has been struggling a bit to hold onto gains above 1.4600, with a report that Germany is holding back on its decision over the Greek bailout and comments from EU Juncker that the Euro is overvalued viewed as the primary source for the most recent offers in the market.
FOREX TREND MONITOR: US Dollar’s Fate at Stake as Fed Ends QE2Monday, June 6, 2011 @ 6:48AMThe Euro’s correlation with the S&P 500 remains its most potent relationship, but the strength of the link has waned to reflect the fading importance of the Euro Zone debt crisis for overall investors’ overall sentiment (for which the S&P is a proxy) as well as a shifting of the spotlight onto domestic issues for the single currency.
U.S. stock futures edge higher as Orbitz soars; Dow up 0.1%Thursday, June 2, 2011 @ 7:53AMForex Pros – U.S. stock futures pointed to a slightly higher open on Thursday, rebounding from the previous day’s sharp decline, as shares in online travel site Orbitz Worldwide soared ahead of the open, while markets digested weekly data on first-time jobless claims.