DreamTeam Money Making ForumRegister
Contact Us Rules Link To Us Directory Advertise on DTMHelpLog In
Welcome Guest ( Log In | Register )
Dear traders, participants and guests of the portal!In this thread we present fresh Forex news provided by InstaForex Company. Our news contain exhaustive information about topical events and facts of the financial world; we offer international statistical data in order to help you correct and enhance your trading strategy. We also present video news from InstaForex-TV portal. InstaForex-TV channel provides the latest information about fluctuations of currency rates and forecasts their influence on the future movement of currencies. Our news will be especially useful if you prefer intraday trading and use fundamental analysis.
Eastern European Business Climate Index of Foreign Direct Investors Soars in April - OekbThe OeKB Central and Eastern European Business Climate index of FDI soared to 24 points from 14 in Jan The economic outlook gauge swung 21 points higher to 11 in April from -10 in Jan. Russia's business climate gained 13 points to 58 and Romania's doubled to 28, while Ukraine's reading fell eight points to 26 amid continued political tension. Hungary was in negative territory even as its business climate improved to -9 from -31. Quotes"The mood among direct investors for the entire central Europe region has improved noticeably since January. For the coming 12 months a pick-up in the economy and thus a rise in Austrian exports to CEE is expectedOeKB survey More FOREX-news on pages InstaForex.Com
European Political Situation Drags Japanese Equities and Yields LowerResults of Greek and French elections fuelled suspicion about EU's ability to implement tough austerity and dragged Japanese markets down by 266 pts of 2.80 pct to 9,113.57. Results of US non farm payrolls also added further woes to investors concerned about global growth prospectus. Japanese yields for 10 and 20 yr yields hit their lowest level since October 2010. South Korea's Kospi also shed 1.70 pct at market open on same worries More FOREX-news on pages InstaForex.Com
Now Is Not the Time to Abandon Flexible Inflation Policies says Boc's Mark CarneyNow is not the right time to part with flexible inflation policies with "low -fo-long" said BoC's Carny to FT He said that perusing a policy of temporary higher inflation is an uncertain and extreme response He did not mention any C bank while referring to targeting infaltion Quotes "Moving temporarily to a higher inflation target risks un-anchoring inflation expectations and squandering the hard-won gains of entrenched price stability""Higher and more uncertain inflation raises risk premiums and real interest rates, and worsens debt dynamics,""Central banks are most effective when they operate with clear and stable objectives." "The pursuit of temporarily higher inflation could only work if policy were anchored to a new target, such as nominal gross domestic product - total output at market prices, unadjusted for inflation,"BoC's Mark Carney More FOREX-news on pages InstaForex.Com
China Expands Qfii Investment Products, Relax RulesChinese authorities have relaxed rules for QFII investor by allowing them to apply for separate QFII status while remaining under the same financial group which will enable number of funds for investment. The scheme will now expand to allow more investments in structure products. Authorities will also relax the ratio for investing in bonds, stocks and cash More FOREX-news on pages InstaForex.Com
Business Investment stalled French Economy to Zero Growth in Q1 As ExpectedFrench preliminary GDP growth was reported neutral in Q1. Business investment was down by 1.4 pct while household and Public investment declined by 0.2 pct and 0.1 pct each. Household consumption (+ 0.2 pct) and Public consumption (+0.5 pct) however supported the economy. Economists also expected a zero growth for the economy however some expected it to decline by 0.3 pct as well. Other European economies going to report their GDP growth are Germany (poll 0.1 pct q/q), Italy (poll -0.6 pct q/q ), Dutch (poll -0.2 pct q/q). Euro zone as a whole expected to report shrinkage of 0.2 pct in q/q terms More FOREX-news on pages InstaForex.Com
Greece Worries Hits Nikkei, S. Korea's Kospi TumblesWorries about possibility of Greece leaving euroz one hit Nikkei hard as Japanese Benchmark Index lost 1.1 pct at mkt close. South Korea's KOSPI tumbled very sharply by 3.08 pct at mkt close with losers like Samsung Electronics (- 6.2 pct) amd SK Hynix (-8.9 pct). IMF's Lagarde said yesterday that Greece could exit in orderly fashion, but even that could have impact beyond imagination because of possible contagion More FOREX-news on pages InstaForex.Com
Japan's Noda Wants Bold Action from Boj, Shirakawa Remains CautiousJapan's PM Noda said that BoJ should take bold and appropriate action to beat deflation and tackling stronger yen. However BoJ's Shirakawa remained cautious on the issue and said it quite clearly that monetary policy alone can't beat deflation and could backfire with unwarranted consequences in the markets. However he admitted that Japanese economy in severe state and BoJ would do utmost to ensure economic growth and price stability. Both of them where speaking at lower house parliamentary session on Japan's social welfare and tax reforms. More FOREX-news on pages InstaForex.Com
Germany -Euro Zone Worries to Last for another 2 Years says German Fin MinGerman's Schaeuble said that euro zone market turmoil surrounding the euro zone crisis could last another 12 to 24 months. He also urged Greeks to decide whether they wished to stay in the single currency. Quotes"It's up to Greek politicians to explain the reality to their people and not make false promises,""We want Greece to stay in the euro but meet its commitments and that's a decision that's up to the Greeks." German Finance Minister Wolfgang Schaeuble. More FOREX-news on pages InstaForex.Com
Uk Banks can Tackle Contagion from Potential Greek Exit says Michael CohrsBoE's Michael Cohrs said that UK banks are well prepared to tackle any potential contagion from Greek crisis. Quotes"They have thought about their direct exposures to Greece and they have marked them to appropriate levels, their liquidity is strong and they have enough capital to withstand shocks from Greece,""If it goes further it's not clear, and that is why we have been encouraging them to raise more capital because nobody knows where it will stop or it won't stop,""I really want to hammer home this point; it was why we're urging British financial institution to prepare themselves and strengthen their capital,"Published: More FOREX-news on pages InstaForex.ComThis post has been edited by IFX Yana: May 21 2012, 08:14 AM
China to Speedup Infra-Investments to Boost GrowthChina is planning to speed up infrastructure related investment in order to push up growth in construction without creating bubble in property sector according to newspaper reports. It has asked parties to submit project proposals by end of June and even considering advancing projects. Paper also said that infrastructure investment related projects are approved much faster this year. More FOREX-news on pages InstaForex.Com
Sponsor Ads:
Advertisement
Related Topics