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1 0 Tag Archives: slumps
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GLOBAL MARKETS-World equity indexes up on U.S. data, ECB hopes; gold slumps

* Wall St edges up; S&P 500 at new record * Euro pressured after upbeat U.S. economic data * Gold slumps to 3-1/2 month low (Updates prices, adds details) By Angela Moon NEW YORK, May 27 (Reuters) – World stock markets edged up while the euro softened against the dollar and yen on Tuesday following […]

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Euro Lifts, Investors Await "Super Mario" – CNBC.com (blog)

Business TodayEuro Lifts, Investors Await "Super Mario"CNBC.com (blog)The European Central Bank kept interest rates unchanged, lifting the euro, as investors await President Mario Draghi's press conference. [bbc.co.uk]. Despite signs of a…

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Euro Slumps to Two-Year Low – NASDAQ

The euro fell below $1.22 for the first time in two years during … That was after an unexpected interest rate cut by the Bank of Korea and dismal Australian jobs data helped in Asian hours to reinforce the downbeat tone which held sway after …

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METALS-Copper slips as euro slumps to one-month low – Reuters

METALS-Copper slips as euro slumps to one-month lowReutersCopper falls on weak euro, China rate cut * Shanghai aluminum up 5.1 percent, bouncing from recent 3-week low * Coming up: June U.S. employment report on Friday (Adds COMEX prices, comment,and m…

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Copper slips as euro slumps to one-month low – Reuters UK

LONDON/NEW YORK (Reuters) – Copper prices fell on Thursday as the euro slumped to a one-month low against the dollar and interest rate cuts in Europe and China reinforced concerns about slowing industrial demand. Early gains on the back of the …

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A weaker German economy could further slow Europe – The Hour

Sydney Morning HeraldA weaker German economy could further slow EuropeThe HourFRANKFURT, Germany — For Germany, the crisis gripping Europe can feel like someone else's problem. Its economy is growing. Unemployment is low. And its government can bo…

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METALS-Shanghai copper up on hopes of G7 action for euro zone – Reuters

METALS-Shanghai copper up on hopes of G7 action for euro zoneReutersEuro zone factory prices unexpectedly held steady in April, marking the fourth straight month of weakening inflation pressures and giving the European Central Bank some space to cut in…

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Auctions market slumps as euro crisis affects buyer confidence – SmartCompany.com.au

Auctions market slumps as euro crisis affects buyer confidenceSmartCompany.com.auResidential property has been struck by the fallout from a shocking week on financial markets, as investors wiped out $US110 billion worth of shares on fears the euro zone…

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EU Morning Report- Aussie drops after RBA cuts rates by 50 basis points – International Business Times

AFPEU Morning Report- Aussie drops after RBA cuts rates by 50 basis pointsInternational Business TimesBy Easy-Forex The euro (EUR) fell to 1.3207 from 1.3266 yesterday after data showed that Spain is slipping back into recession. Spain's Gross Dome…

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WORLD FOREX: Euro Slips In Quiet Session; Aussie Under Pressure – Wall Street Journal

WORLD FOREX: Euro Slips In Quiet Session; Aussie Under PressureWall Street Journal… euro fell against the dollar in late European trading after a sleepy start to the session, while the Australian dollar remained under pressure amid questions over whe…

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