Saturday, 07 March 2015

Currencies

  • Chinese yuan to rise only a little this year on strong dollar

    22:11 | 6/3/15
    Economic Times
    Premier Li Keqiang announced a growth target of around 7 percent for this year at the country's annual parliamentary meeting on Thursday, the weakest pace of expansion in generations and a shadow of the double-digit growth rates China is accustomed to. more»
  • Foreign issuers see currency arbitrage in Dim Sum bonds

    22:00 | 6/3/15
    Reuters
    HONG KONG, March 6 (IFR) - Global banks from Goldman Sachs to BNP Paribas breathed new life into the offshore renminbi bond market this week as seven foreign issuers seized an opportunity to beat their US dollar funding costs. ... Taiwan on top ... more»
  • Why The Indian Rupee Could Continue To Decline

    21:03 | 6/3/15
    Seeking Alpha (registration)
    Although inflation measures are leading to policy easing, weighing on the price of the rupee, India's underlying economy is strengthening. more»
 
 
 
 
Recent News
  • Kenyan shilling steady, inflows for March bond sale to help

    20:52 | 6/3/15
    Reuters
    NAIROBI, March 6 (Reuters) - Kenya's shilling held steady on Friday, with traders saying they expect it to strengthen on hard currency inflows from foreign investors preparing to buy an infrastructure bond this month. more»
  • Caution before US jobs report tempers gains in global stocks

    20:39 | 6/3/15
    WRAL.com
    Asian markets were mostly higher after being buoyed by positive news about the global economy. KEEPING SCORE: European stock markets got off to a lukewarm start, ... Stocks in Taiwan, Singapore and Indonesia rose but Australia's S&P/ASX 200 was down 0 ... more»
  • Asia stocks gain after ECB upgrades growth ahead of US jobs

    20:37 | 6/3/15
    Salon
    Stocks in Taiwan, Singapore and Indonesia rose but Australia's S&P/ASX 200 was flat at 5,898.90. US JOBS: The U.S. government ... OIL: Benchmark U.S. crude rose 17 cents to $50.90 a barrel in electronic trading on the New York Mercantile Exchange. The ... more»
  • South Africa's rand steady, focus on US jobs data

    20:07 | 6/3/15
    Naija247news
    Photo illustration of South African bank notes displayed next to the American dollar notes in Johannesburg JOHANNESBURG - South Africa's rand steadied against the dollar early on Friday ahead of U.S. jobs data that is expected to show further recovery ... more»
  • Year of the Ram Batters Hong Kong Luxury Retailers

    20:07 | 6/3/15
    Wall Street Journal
    7 high of 30.65 Hong Kong dollars (US$3.95), and were trading up 0.9% at HK$23.45 midday Friday. Analysts attributed Luk Fook's share drop to the weaker sales figures. more»
  • Malaysian Ringgit Rises To 2-day High Against US Dollar

    17:41 | 6/3/15
    London South East
    In economic news, data from the Department of Statistics showed that Malaysia's exports and imports decreased unexpectedly in January. more»
  • Ringgit Leads Weekly Drop in Asia Currencies on China Slowdown

    16:45 | 6/3/15
    Bloomberg
    A March 4 report from Roseland, New Jersey-based ADP Research Institute showed companies added 212,000 jobs last month. The ringgit dropped as low as 3.6630 per dollar, the weakest since March 2009, as concerns persisted about the ability of state ... more»
  • Gambia Will Never Develop Or Progress Under Yaya Jammeh Presidency

    15:26 | 6/3/15
    Jollofnews
    From independence to republic status there are no leaps in the economic advancement of Gambia indicating a nation relying on tourism and peanut sale can become superpower overnight. more»
  • Thai Baht May Change Tune and Weaken Soon

    15:26 | 6/3/15
    MarketPulse (blog)
    Thailand's baht has surprised markets by becoming one of the world's best performing currencies over the past year despite the country's political turmoil, but that could soon change, analysts said. more»
  • Australian dollar weakens ahead of US data

    15:03 | 6/3/15
    The Australian
    The Australian dollar is weaker as traders await American employment figures. At 1700 AEDT on Friday, the local currency was trading at 78.01 US cents, down from 78.16 cents on Thursday. more»
  • Turkish Lira, Brazil's Real Stung by Turmoil

    14:30 | 6/3/15
    Wall Street Journal
    Turkey's lira tumbled to a record low and Brazil's real continued its slide, as a combination of domestic economic and political turmoil sent investors to the safety of the U.S. more»
  • Why is the ringgit so weak?

    13:22 | 6/3/15
    Malaysiakini (subscription)
    KINIBIZ Over the past few months, the Malaysian ringgit has been the worst performing currency against the US dollar. On Jan 20, the ringgit hit a six-year low to close at 3.60 to the dollar which was the lowest it had been since April 2009. more»