New U.S. jobless claims fell more than expected last week but were too high to signal a shift in a weak labour market according to the data from the Labour Department on Thursday.
Euro zone industrial new order growth slowed less than expected in June, the European Union’s statistical agency Euro stat said on Tuesday.
The yen rose to a seven-week high against the euro on the Asian trade session to hit 85.29 per dollar.
Although there are no major U.S. data scheduled for release on Friday, the market is still suffering from yesterday’s jobs disappointing data.
It seems that not only U.S. is reporting a slower recovery as the pace of Canada’s recovery appears to be losing momentum based on today’s reports.
China cut its holdings of Treasury notes and bonds by the most ever in June, favouring the debt of Europe, Japan and Korea.
|
|
|
|
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Opinions expressed at FIGfx.com are those of the individual authors and do not necessarily represent the opinion of FIGfx.com or its management. FIGfx.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur. Any opinions, news, research, analyses, prices or other information contained on this website, by FIGfx.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FIGfx.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. ©2007-2010 FIGfx.com; FIG Solutions Limited" - all Rights Reserved. |
العربية
