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Foreign Exchange Trends By Oakleigh Inc

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May 23, 2012

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Economics

Bundesbank says Greek euro exit "manageable"
Reuters - 6 Hours ago
The impact of a Greek exit from the euro zone would be substantial but "manageable", Germany's Bundesbank said on Wednesday, raising pressure on Athens to keep its painful economic reforms on track. In

UPDATE 2-Bundesbank says Greek euro exit "manageable" Reuters

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Bundesbank: eurozone can handle Greek reform halt
CBS News - 6 Hours ago
BERLIN Germany's central bank says the 17-country eurozone would be able to cope with Greece failing to implement austerity and reform promises.Greece is holding new elections next month after last month's Add Comment

EU leaders to focus on growth
CNN - 4 Hours ago
NEW YORK (CNNMoney) -- European leaders will gather Wednesday for informal talks amid new threats to the troubled euro currency union. The informal dinner meeting in Brussels will take place as Greece

EU Leaders To Focus On Economic Growth TurnTo23.com

EU leaders meeting to focus on economic growth Banking Industry Today

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World Bank warns of China slowdown
CNN - 5 Hours ago
A slowdown in China's growth has led to a cut in the World Bank's growth forecast for the East Asia region. NEW YORK (CNNMoney) -- The World Bank said a slowdown in China will drag on growth in the entire

World Bank warns of China slowdown CNNMoney.com Yahoo! Finance

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Govt raises interest rate on GPF to 8.8%
NDTV Profit - 7 Hours ago
In a move that will benefit millions of employees, the government has hiked the interest rate on contributions to the General Provident Fund (GPF) and other similar funds to 8.8 per cent for 2012-13.

Govt raises interest rate on GPF to 8.8% for 2012-13 India Everyday

Govt raises interest rate on GPF to 8.8 pc for 2012-13 MSN.co.in

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Lipstok: ECB has not discussed Greek euro exit: BBG
Reuters - 5 Hours ago
The European Central Bank has not officially discussed Greece leaving the euro zone and sees no need for further non-standard stimulus measures, ECB Governing Council member Andres Lipstok was quoted

Lipstok: ECB has not discussed Greek euro exit: BBG Reuters Yahoo! Finance

Lipstok: ECB has not discussed Greek euro exit -BBG Sharenet

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Even in a Recession, Play to Strengths, Not Fears, to Motivate Your People
Forbes.com - 5 Hours ago
Do you think you can scare people into doing a better job? With dire economic news in the headlines seemingly each and every day, it may feel like the only option. But, as IÃ¢ve written in the past, the Add Comment

BOJ to keep current monetary policy
NHK - 11 Hours ago
Japan's central bank has announced that it will maintain its current monetary policy. It says the country's economy is picking up due to a variety of factors, including demand related to reconstruction Add Comment

World Bank Cuts China 2012 GDP Growth Forecast to 8.2% from 8.4% (click for story)
CNBC - 15 Hours ago
The World Bank cut its economic growth forecast for China this year to 8.2 percent from 8.4 percent on Wednesday and urged the country to rely on easier fiscal policy that boosts consumption rather than Add Comment

Papademos to CNBC: No Preparations Underway in Greece for Leaving the Euro (click
CNBC - 17 Hours ago
Former Greek Prime Minister Lucas Papademos says there are no preparations underway in Greece for possibly exiting the Euro. In a brief conversation with CNBC, he also said he is not aware of any specific Add Comment

Research and Markets: OECD: Global Forum on Transparency and Exchange of Information
CNBC - 3 Hours ago
(BUSINESS WIRE) -- Research and Markets () has announced the addition of OECD Publishing's new report "Global Forum on Transparency and Exchange of Information for Tax Purposes Peer Reviews: Slovak Republic Add Comment

ECB questions holes in Greek bank recap plans
Reuters UK - 4 Hours ago
2:58pm BST By Marc Jones FRANKFURT, May 23 (Reuters) - The European Central Bank has given its backing to Greece's plans to recapitalise its banks but raised a number of key questions about how the fund Add Comment

Georgian c.bank cuts refinancing rate to 6 pct
Reuters UK - 4 Hours ago
2:35pm BST TBILISI, May 23 (Reuters) - Georgia's central bank cut its key refinancing rate to 6.00 percent from 6.25 percent on Wednesday after monthly and annual inflation came below the government's Add Comment

Bundesbank says Greek euro exit "manageable"
Reuters - 6 Hours ago
European leaders will try to breathe life into their stricken economies at a summit over dinner on Wednesday, but disagreement over a plan for mutual bond issuance and other measures to alleviate two Add Comment

New-look Danish retail data suggest Q1 GDP drop
CNBC - 4 Hours ago
* Retail sales data now includes petrol stations * Retail sales fell 0.7 pct in Q1 vs Q4 by new method * Economists say weak consumption picture reinforced By John Acher COPENHAGEN, May 23 (Reuters) - Add Comment

Italian consumer confidence hits record low
SINA - 5 Hours ago
ROME, May 23 (Xinhua) -- Consumer confidence in Italy dropped to a new record low, national statistics institute Istat said on Wednesday. In May, the consumer-confidence index fell to 86.5 points from Add Comment

Tax hikes, budget cuts could bring recession, budget office warns
Chicago Tribune - 6 Hours ago
Lower tax rates set to expire Dec. 31 and cutbacks scheduled for January could hamper economic growth if lawmakers fail to act, officials say. Add Comment

Pharmaceuticals - Global Group of Eight (G8) Industry Guide
MarketWatch - 7 Hours ago
/PRNewswire via COMTEX/ -- Reportlinker.com announces that a new market research report is available in its catalogue: http://www.reportlinker.com/p0191857/Pharmaceuticals---Global-Group-of-Eight-G8-Industry-Guide.html Add Comment

International Shipholding Corporation to Present at the Euro Pacific Capital Second
Yahoo! Finance - 5 Hours ago
MOBILE, Ala.--(BUSINESS WIRE)-- International Shipholding Corporation (NYSE:ISH - News) announced today that Niels M. Johnsen, Chairman and Chief Executive Officer, will be presenting at the Euro Pacific

INTERNATIONAL SHIPHOLDING CORPORATION: to Present at the Euro Pacific Capital Second 4 Traders

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â??Fiscal Cliffâ?? Could Cause US Recession: CBO
CNBC - 4 Hours ago
WASHINGTON (Reuters) - A stalemate over how to tackle a series of fiscal deadlines at year's end would likely push the United States economy into recession in the first half of next year, the Congressional Add Comment

Forex markets

Canadian dollar extends losses after March retail sales data
Reuters Canada - 5 Hours ago
TORONTO (Reuters) - Canada's dollar extended losses against its U.S. counterpart on Wednesday, dragged down by broader concerns about Europe's financial stability, even as domestic data showed retail

CANADA FX-C$ extends losses after March retail sales data Reuters

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Euro sinks to 21-month low as Greek exit fears rise
CNBC - 4 Hours ago
NEW YORK (Reuters) - The euro plunged to a 21-month low against the dollar on Wednesday as investors dumped the currency on growing fears of a Greek euro zone exit and widespread doubts about the outcome

Euro sinks to 21-mth low as Greek exit fears rise Sharenet

Euro sinks to 21-month low as Greek exit fears rise Reuters Yahoo! Finance

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ZuluTrade`s Social Forex Autotrading Platform Now Available to ACFX`s Clients
Reuters - 4 Hours ago
ZuluTradeâ??s Social Forex Autotrading Platform Now Available to ACFXâ??s Clients ACFXâ??s clients can take advantage of tradersâ?? ranked performance by powerful algorithms and a vibrant Social Trading

ZuluTrade's Social Forex Autotrading Platform Now Available to ACFX's Clients Fixed Mobile Convergence

ZuluTradeâ??s Social Forex Autotrading Platform Now Available to ACFXâ??s Clients Morningstar.com

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Assurance Wireless Adds Text Messaging to Free and Five-Dollar Cellphone Plans
Reuters - 4 Hours ago
New offers make Assurance Wireless best value among Lifeline Assistance programs Today, Assurance Wireless announced that it is offering a Free Talk and Text plan and a $5 Talk and Text plan for eligible Add Comment

Euro crisis pain primes Britain for more stimulus
CNBC - 4 Hours ago
LONDON (Reuters) - The Bank of England signaled on Wednesday it was likely to pump more money into the struggling British economy if the euro crisis causes more mayhem, and the government flagged new

UPDATE 2-Euro crisis pain primes Britain for more stimulus Yahoo! UK and Ireland

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Rupee skids to 56 versus dollar
Reuters India - 5 Hours ago
By Swati Bhat MUMBAI (Reuters) - The rupee slumped to a record low against the dollar on Wednesday, ratcheting up pressure on policymakers to restore confidence in the currency at a time when appetite Add Comment

'Direct RBI dollar sales to oil firms possible'
Reuters India - 5 Hours ago
REUTERS - Direct sale of dollars by the Reserve Bank of India to state-run oil companies should not be ruled out, the chief economic adviser to the prime minister said on Wednesday, after the rupee plunged

Direct RBI dollar sales to oil firms possible Rangarajan Business Standard India

Direct RBI dollar sales to oil firms possible: Rangarajan Financial Chronicle

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Rupee skids to 56 versus dollar; more falls seen
Reuters India - 5 Hours ago
By Swati Bhat MUMBAI (Reuters) - The rupee dropped to a record low against the dollar on Wednesday, sparking mild intervention from a RBI seen by traders as reluctant to be more aggressive against such Add Comment

Rupee has more downside - Lombard Odier
Reuters India - 7 Hours ago
By Charmian Kok SINGAPORE (Reuters) - The rupee, Asia's worst performing currency this year, still has room to fall further after policy missteps by a struggling government, said Swiss private bank Lombard

DJ Lombard Odier Asset Mgt (Eur) Ltd. Form 8.3 - Glencore International Plc London Stock Exchange

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Euro drops to 21-month low as break up risks mount
CNBC - 7 Hours ago
LONDON (Reuters) - The euro fell to a 21-month low against the dollar on Wednesday as investors added to bearish bets on growing concerns about a chaotic Greek exit and widespread skepticism about the

Euro drops to 21-mth low as break up risks mount India Everyday

Forex-Euro drops to 21-month low as break up risks mount Yahoo! UK and Ireland

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Rupee hits 56 versus dollar, Reserve Bank cautious
Reuters India - 9 Hours ago
MUMBAI (Reuters) - The rupee slumped to a new record low of 56 to the dollar on Wednesday weighed down by global risk aversion, with the Reserve Bank of India's intervention earlier in the day seen as Add Comment

Nikkei creeps down, pressured again by Euro fears
Reuters - 16 Hours ago
Japan's Nikkei share average slid 1 percent in early trade on Wednesday, eating away at the gains of a two-day technical rebound as risk sentiment evaporated ahead of an EU leaders summit and a Bank of

Nikkei creeps down, pressured again by Euro fears Reuters Yahoo! Finance

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European Banks Unprepared for Pandoraâ??s Box of Greek Exit
Washington Post - 4 Hours ago
(Updates with Greek capital plan for banks in 10th paragraph. See } for more on the euro-area crisis.) May 23 (Bloomberg) -- Europeâ??s banks, sitting on $1.19 trillion of debt to Spain, Portugal, Italy

European Banks Unprepared for Pandora's Box of Greek Euro Exit Banking Industry Today

European Banks Unprepared for Pandoraâ??s Box of Greek Euro Exit Washington Post

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U.S. Stocks Decline Amid Concern Greece Will Leave Euro Region
La Repubblica - 4 Hours ago
May 23 (Bloomberg) -- U.S. stocks retreated, joining a global decline in equities, amid concern that Greece may leave the euro as the regionâ??s leaders meet in Brussels. Citigroup Inc. and Morgan Stanley

U.S. Stock Futures Decline Amid Concern Greece Will Leave Euro La Repubblica

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tradable - a new interesting forex platform about to launch
Forex Magnates - 6 Hours ago
A new teaser video is circulating the web in the past few weeks ? itâ??s about the . Itâ??s by the same people behind the â??CAN YOU REALLY TRADE FOREXâ? (game.tradable.com) social FX game that have

tradable â?? a new interesting forex platform about to launch Forex Magnates

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UK PM: Greek Election Should Be Vote On Euro Membership
London Stock Exchange - 5 Hours ago
LONDON -(Dow Jones)- The Greek general election next month should in effect be a choice about the country's membership of the euro zone, U.K. Prime Minister David Cameron said Wednesday. In a statement

UK PM : Greek Election Should Be Vote On Euro Membership 4 Traders

DJ UK PM: Greek Election Should Be Vote On Euro Membership Individual.com

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MONEY MARKETS-No dollar funding crunch in sight for Europe's banks
Reuters UK - 4 Hours ago
2:39pm BST * Fitch data shows U.S. lending to European banks down 2 pct * Lower demand, cheap ECB lines limit dollar funding risks * Dollar swap costs stable, no repeat of Nov. 2011 spike seen By William Add Comment

U.S. Stocks Decline Amid Concern Greece May Leave Euro Region
La Repubblica - 4 Hours ago
May 23 (Bloomberg) -- U.S. stocks declined, joining a global equity slump, amid concern that Greece may leave the euro as the regionâ??s leaders meet in Brussels. The Standard & Poorâ??s 500 Index retreated Add Comment

Euro Sinks to Lowest Since 2010 as Stocks, Commodities Tumble
Washington Post - 52 Minutes ago
May 23 (Bloomberg) -- The euro sank to an almost two-year low, while stocks and commodities tumbled, as European leaders prepared to meet in Brussels amid concern Greece will exit the currency union. Add Comment

INTERNATIONAL SHIPHOLDING CORPORATION: to Present at the Euro Pacific Capital Second 4 Traders

all 1 news articles >> Add Comment



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