Posts Tagged ‘Japan’

USD Remains Overbought, JPY At Risk As Intervention Threats Resurface

Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 10098.47 10141.6 10088.66 -0.21 117.63% Although the Dow Jones-FXCM U.S.

U.S. March Trade Deficit Widens As Imports Soar to Record High

THE TAKEAWAY: [U.S. trade deficit widens more than forecast in March] > [Imports soar on higher oil prices and stronger U.S.

Dollar At Multi-Month Highs Across Market, Still Not a Secure Trend

Dollar At Multi-Month Highs Across Market, Still Not a Secure Trend Euro Posts its First Close Under 1.3000 Against Dollar in Nearly Four Months British Pound: Should We Put Any Stock into the BoE Rate Decision?

Dollar, Yen Aiming Higher as Euro Crisis Fears Dent Risk Appetite

Talking Points Dollar, Yen Rise as Euro Crisis Fears Sink Shares in Asian Trade S&P 500 Futures Down, Hinting Risk Aversion Likely to Continue EFSF’s Regling, Bundesbank’s Weidmann Commentary in Focus Another quiet day on the European economic data front puts the focus on scheduled remarks from EFSF chief Klaus Regling and Bundesbank President Jens Weidmann as Eurozone crisis fears remain in the spotlight. With Greece failing to cobble together a ruling coalition able to push along its commitments under the terms of the EU/IMF bailout (at least so far), traders will be keen to see how much room the country’s creditors are prepared to give it. On one hand, a hard line may force Greece out of the Euro area and possibly the EU altogether, an unprecedented move that falls largely outside the realm of the forecast-able in terms of its practical implications for financial markets.

STOCKS NEWS SINGAPORE-DBS downgrades OKP to hold

Wed May 9, 2012 12:56am EDT DBS Vickers reduced its rating on infrastructure and civil engineering company OKP Holdings Ltd to hold from buy and lowered its price target to S$0.65 from S$0.75. OKP’s shares were down 6.8 percent at S$0.55, but have risen about 3 percent so far this year. The broker cut its 2012 earnings estimates for OKP by 16 percent due to risks of lower margins and slow recognition from its order book.

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