Why are we not surprised at the fact, as reported by the WSJ, that Deutsche Bank AG changed the legal structure of its huge U.S. subsidiary to shield it from new regulations that would have required the German bank to pump new capital into the U.S. arm. The bank on Feb. 1 reorganized its U.S....
FF News: Fundamental
Although EUR is maintaining an upside bias, it will have to break and hold above 1.3288 level to convince the market of further gains. This development if seen will leave the pair aiming at the 1.3484 level, its Dec 05'2011 high. A violation of here will resume its uptrend and call for a push...
FF News: Technical
Euro-zone Manufacturing PMI To Show Another Month of Contraction
In the Euro-zone the attention has turned from the threat of contagion from an disorderly Greek default and a banking crisis to what happens now that Greece has completely its debt restructuring and has secured its second bailout pa...
FF News: Fundamental
THE slump in Australian retailing has worsened, with two more of the nation's leading chains unveiling wretched earnings figures that have been blamed in part on the industry's failure to embrace online shopping.
Days after Myer disclosed a 20 per cent profit dive, rival department store giant Da...
FF News: Fundamental
GOLD: With Gold halting its recovery and tumbling lower on Tuesday, the risk is for it to weaken further despite a mild upside attempt on wednesday. In such a case, its initial support stands at the 1,634.10 level with a breach of there turning attention to the 1,601.10 level. A breather may occur...
FF News: Technical
Spain has never been so close to default and Greece, Ireland and Portugal may need further bailouts, Citigroup Inc. chief economist Willem Buiter said.
"Spain is the key country about which I'm most worried," Buiter, a former Bank of England policy maker, said in a radio interview today on "Bloo...
FF News: Fundamental
In the wake of the private sector debt swap agreed last week, European leaders have continued to call for major structural reforms to Greece's economy and society. The current EU-IMF bailout remains conditional on further austerity measures, including reducing pensions, the minimum-wage and civil...
FF News: Fundamental
EUR/USD's latest rebound is extending higher and targeting key level at 1.3291 (09th March high).
Only a confirmation back above 1.3291 and 1.3436/60 unlocks an extended recovery into our upside target zones at 1.3630 and 1.3628 (200-day average).
Meanwhile, the bears need to close decisively ...
FF News: Technical
Menteri keuangan Inggris, George Osborne mengatakan di hari Rabu bahwa pemeritnah tidak perlu melanjutkan pengetatan fiskal lebih lanjut pada testimoninya didepan parlemen dalam agenda pengumuman
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