The global recession and falling commodity prices are hurting Australian exports, but they may yet help to underpin economic growth because imports are even more fragile, economists say.Exports...
- AAP
Thursday July 2, 08:59 PM
Retail sales in the Euro-Zone is widely expected to remain subdued throughout the year, with economists forecasting consumer spending to fall 0.1% in May, and the data is likely to drag on the...
- FXCM
Thursday July 2, 05:03 PM
Unfortunately, overnight trading provided no clarification in terms of direction for the US dollar. The EURUSD remains in a tight range although a drop below 1.4000 would give scope to an...
- FXCM
Thursday July 2, 03:54 PM
______________AUSTRALIAN CREDIT/FOREX
SNAPSHOT__________________ FOREIGN EXCHANGE AT 0230 GMT
(against previous Sydney close) AUD= 0.8060/64
(0.8034/39) AUDNZD=R1.2602/24(1.2471/93) AUDJPY=R 77.85/92...
- Reuters Finance News, Australia
Thursday July 2, 02:52 PM
Australia's international trade position sank deeper into deficit in May as exports plunged by five per cent in a difficult global environment.The trade balance of goods and services in May was a...
- AAP
Thursday July 2, 02:19 PM
SYDNEY, July 2 (Reuters) - The Australian dollar was steady
on Thursday, ahead of local May trade numbers where a small
deficit is forecast as weaker commodity export prices offset a
slump in...
- Reuters Finance News, Australia
Thursday July 2, 12:17 PM
The World Trade Organisation has warned of rising protectionism amid the economic crisis as it sharply cut its forecast for trade volumes of developed and developing economies this year.Making its...
- AAP
Thursday July 2, 09:13 AM
Farmers are spending less, according to rural services company Allied Farmers Ltd. It told the NZX today that its recent trading has been significantly behind expectations due to rural customers...
- NZPA
Wednesday July 1, 07:13 PM
Trading the News: US Change in Non-Farm Payrolls
What’s Expected
Time of release: 07/02/2009 12:30 GMT, 08:30 EST
Primary Pair Impact : EURUSD
Expected:...
- FXCM
Wednesday July 1, 04:58 PM
New Zealand stock exchange company NZX sold its TZ1 Registry business to global financial services company Markit overnight for .1 million.At the overnight exchange rate of 65.44 cents it...
- NZPA
Wednesday July 1, 11:01 AM
New Zealand may be able to boost its trade opportunities by targeting a better sort of immigrant, researchers suggest.A new study has shown that immigration can have a positive impact on trade -- a...
- NZPA
Wednesday July 1, 06:27 AM
Student’s Question:
In the Range Trading Webinar, a multiple lot strategy is mentioned where one lot can be closed to lock in profit while the other lot can be left open for the potential of a...
- FXCM
Wednesday July 1, 04:08 AM
The Swiss Franc fell against the US dollar following disappointing economic releases that hurt prospects for a near-term recovery. The most influential to the currency was the UBS consumption...
- FXCM
Tuesday June 30, 09:28 PM
Consumer spending in Germany is expected to hold flat in May as households face a weakening labor market paired with tightening credit conditions, and fears of protracted downturn could drag on the...
- FXCM
Tuesday June 30, 05:37 PM
Sydney, Australia, June 30, 2009 - (ABN Newswire) - US stocks surged overnight as higher oil prices lifted energy stocks. Car manufacturer Ford also delivered positive sales news which helped to...
- Asia Business News
Tuesday June 30, 01:51 PM