Thursday, 24 April 2014

Currencies News

  • Pound Sterling TODAY: GBP Exchange Rates Under Pressure on Wednesday

    00:00 | 24/4/14
    Currency Watch
    The British pound (GBP): Today's highlight, the BoE April MPC minutes, showed an optimistic outlook is currently held at the Bank - but this has not been enough to keep the GBP at elevated rates. A look at the latest FX market rates shows the only ... more»
  • Chinese yuan touches 16-month low against dollar

    22:48 | 23/4/14
    Economic Times
    SHANGHAI: China's yuan currency extended its downtrend against the dollar on Wednesday to touch a 16-month low, despite the country's central bank fixing its trading point for the unit at a higher level. more»
  • Dubai Shares Gain for Sixth Day as Emaar Profit Beats Estimates

    22:41 | 23/4/14
    Emaar, the developer of the world's tallest tower, rose 1.9 percent and Arabtec, the biggest traded construction contractor in the United Arab Emirates, jumped 11 percent to a record. ... Emaar advanced to 10.95 dirhams, the highest since July 2008. more»
  • Singapore Dollar Lower Late; Muted Reaction to Inflation Data

    22:18 | 23/4/14
    Wall Street Journal
    SINGAPORE--The Singapore dollar weakened Wednesday as investors held out for stronger cues after inflation data was within expectations. more»
  • Chinese factories stalling as euro zone business picks up

    21:56 | 23/4/14
    Chicago Tribune
    LONDON/BEIJING (Reuters) - Chinese factory activity shrank for the fourth straight month in April but private businesses across the euro zone enjoyed their best month in nearly three years, surveys showed on Wednesday. Within the euro zone, Germany ... more»
  • Recovery in Euro Zone Gathers Pace

    21:00 | 23/4/14
    New York Times
    PARIS - The economy of the euro zone expanded this month at its fastest rate in nearly three years, according to a private sector survey released on Wednesday, with accelerated output from Germany leading the bloc. more»
  • Arabtec Heads for Record on Acquisition, Sale Plan: Dubai Mover

    20:25 | 23/4/14
    (ARTC) headed for the highest close on record after the biggest traded construction contractor in the United Arab Emirates said it plans buy a European company and spin off a unit. more»
  • Shares mixed on lackluster China data

    20:15 | 23/4/14
    U-T San Diego
    Shares rose in Australia, New Zealand, Malaysia and Thailand but lost ground in Indonesia, Taiwan and Singapore. In currency markets, the mood was fairly flat with the euro steady at $1.3716, compared with 1.3807 late Tuesday. more»
  • Euro Factory Surveys Rise as Price Weakness Persists

    20:07 | 23/4/14
    Euro-area services and manufacturing expanded faster than economists forecast in April, indicating the economy continued to strengthen at the start of the second quarter. more»
  • Euro Boosted by Bloc's Growth Data

    19:56 | 23/4/14
    Wall Street Journal
    The euro strengthened Wednesday following signs that the economic recovery in the currency bloc is gathering momentum, a development that could weaken the case for further easing measures from the European Central Bank to combat low inflation. more»
  • Argentine economy expands 1.3% in February over a year ago, says government

    19:52 | 23/4/14
    “Economic activity in February should continue to decelerate because of the noise and uncertainty generated by the strong devaluation of the Argentine Peso, plus the fall in exports, lesser industrial and construction activities and a domestic demand ... more»
  • Euro zone private sector on strong footing but still slashing prices: PMIs

    19:52 | 23/4/14
    Having already chopped its main interest rate to near zero and loaned banks more than 1 trillion euros of cheap cash the ECB left monetary policy unchanged this month but opened the door to turning on the money-printing presses to boost the economy and ... more»
  • Talanx Insurer Advances on First Day of Warsaw Bourse Trading

    19:30 | 23/4/14
    The stock climbed as much as 5.5 percent to 120 zloty and traded at 114 zloty at 9:14 a.m. in Warsaw, compared with a reference price of 113.75 zloty set by the bourse yesterday. Talanx is the ninth company ... The listing is part of Talanx's agreement ... more»
  • UPDATE 1-Swiss components maker SFS plans 349 mln Swiss franc listing

    19:30 | 23/4/14
    ZURICH, April 23 (Reuters) - Swiss firm SFS (IPO-SFSH.S) plans to raise as much as 349 million Swiss francs ($394 million) in an initial public offering (IPO), the largest of three Swiss listings within a few weeks as investor confidence returns to ... more»
  • HTC Not Quite “Out of the Woods”

    19:23 | 23/4/14
    Wall Street Journal (blog)
    The company's shares have plummeted 87% since its peak in April 2011 to its current, $159 New Taiwan dollar ($5.25 U.S. more»
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