Archive for July 8th, 2010

Australian Employment Triples

G10 Advancers and Decliners vs USD
EUR 0.13
GBP 0.07
CHF -0.06
JPY -0.70
Asian markets opened strongly this morning following last night’s US trading session which saw the Dow close an impressive 282 pts higher (+2.89%) on the back of a buildups in risk appetite. The Dollar has been weaker against the board – equities have returned nice gains and the Nikkei is currently a tick under +2.5% on the day. Gold moved back above 1200 levels and the crude moved upwards…

Markets Await BoE and ECB Rate Decisions

It’s been a slow week for economic data thus far, so it comes as some relief that today has finally given us something meaty to get our teeth into. Swedish headline CPI this morning dipped slightly below expectations at 0.0% MoM, 0.09% YoY, but it was somewhat of a mixed bag as underlying inflation ticked higher. Although the Riksbank recently hiked rates for the first time since the onset…