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Daily Market Report
for 6/05/2016
06 May 2016 05:48Bahamas Tribune
MarketsAustralian dollar leads Asian peers after solid data
05 May 2016 15:11 Financial Times
A raft of data has helped the Aussie dollar this morning. First up, a report from the Housing Industry Association showed new homes sales rose 8.9 per cent month-on-month in March from February's 5.3 per cent drop.  more...
South Africa's rand firms, stocks set to open lower
05 May 2016 18:44 Reuters Africa
JOHANNESBURG (Reuters) - South Africa's rand firmed against the dollar in early trade on Thursday, recovering from a nearly 4-week low hit in the previous session, but analysts said concerns about the ailing economy still posed a risk.  more...
Australian Dollar Exchange Rates Rally Today after New RBA Governor Appointment
05 May 2016 21:33 Exchange Rates UK
The Australian Dollar has been strong against all of its peers lately, although supportive domestic developments have been tempered by less helpful occurrences elsewhere.  more...
Exclusive: Poland considering giving up converting Swiss-franc loans to zlotys ...
06 May 2016 03:22 StreetInsider.com
WARSAW (Reuters) - Poland's government is considering giving up plans to force banks to convert Swiss franc mortgages to zlotys, in favor of laws allowing borrowers to recoup some of the costs of the loans or to walk away from them completely, sources ...  more...
BAML: Sell Japanese Yen As Hedge Fund Bets Hit All Time High
06 May 2016 04:52 ValueWalk
Today the yen is loved on the long side of the trade. Citing CFTC data, BAML FX strategist Christopher Xiao notes in a report titled “JPY speculative longs near all-time highs” that the love / hate relationship has turned affectionate again. But coming ...  more...
Dollar set to gain against euro, yen for a 3rd day
06 May 2016 00:00 MarketWatch
The U.S. dollar stretched gains against its main rivals into a third day Thursday, rising ahead of a weekly labor-market update and speeches by a host of Federal Reserve officials.  more...
Ashley Williams to miss rest of Swansea season in pre-Euro 2016 break
06 May 2016 05:03 The Guardian
Ashley Williams will not play for Swansea City again this season as the head coach, Francesco Guidolin, feels that his captain deserves a pre-Euro 2016 breather. The Wales captain has played every minute of Swansea's Premier League campaign and ...  more...
Tahoe Resources Declares Fifth Monthly Dividend For 2016
05 May 2016 21:56 MarketWatch
... efficient and effective manner; the exchange rates among the Canadian dollar, Guatemalan quetzal, Peruvian sol and the United States dollar remaining consistent with current levels; and the Company's ability to obtain financing as and when required ...  more...
Indian rupee slides 6 paise against dollar to 66.61
05 May 2016 17:26 Financial Express
Dealers attributed the rupee's fall to increased demand for the US currency from importers and dollar's strength against other currencies overseas.  more...
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