October 2011
4 posts
9 tags
Euro hits session highs vs dollar, yen on report
“That is what’s driving this stock and euro rally in the
afternoon,” said Brian Dolan, chief strategist at Forex.com in
Bedminster, New Jersey. “That would be what the market’s been
looking for and $2 trillion seems to be in the right
neighborhood.”The euro hit a session high of $1.3817 after news of
the report, according to Reuters data. It last traded...
12 tags
U.S. SEC warns brokers over market access,...
By Stuart Gittleman and Brett Wolf
NEW YORK, Sept. 30 (Thomson Reuters Accelus) â The U.S. Securities and Exchange Commission (SEC) issued an unexpected warning to broker-dealers to supervise trading by customers with direct market access, especially customers that trade using master- and sub-accounts.
The notice came in the first in a continuing series of risk alerts the Office of Compliance...
10 tags
IMF says China has scope to respond to global...
Worries have mounted in Japan that yen strength would damage the country’s export-reliant economy.Singh was speaking at a briefing on the IMF’s regional economic outlook report for the Asia-Pacific region, which warned that an escalating European debt crisis and U.S. slowdown could bring severe spillover effects into Asia.
8 tags
US STOCKS-Wall St higher ahead of earnings season
* Slovak parliament to vote on euro zone rescue fund* Indexes up: Dow 0.1 pct, S&P 0.2 pct, Nasdaq 0.7 pctBy Ashley LauNEW YORK, Oct 11 (Reuters) - Wall Street stocks rose on
Tuesday as traders took positions in beaten-down shares ahead
of the start of the earnings season.But gains were held in check as investors were cautious
before a key vote by Slovakia on expanding the euro zone...
