Cities Compete for Private Equity Crown; China Weekly 09.07Tuesday, September 7, 2010 @ 3:52AMChinese cities are busy competing with each other to lure private-equity business to set up shop there. Shanghai, Chongqing and Beijing have been shaking hands and offering tax breaks to executives of Blackstone, Carlyle and TPG this past week as fund manager's hunt for office space. Its a high-stakes race for these cities since bringing a PE firm to town would mean not only prestige and access ...
Forex: GBP/USD bounces strongly from 1.5350, returns to 1.5425Tuesday, September 7, 2010 @ 2:43AMFXstreet.com (Barcelona) - Sterling's decline from 1.5490 high on Monday has re-tested support zone at 1.5345/55 at European opening times, where the pair found support to bounce strongly, hitting a fresh session high at 1.5425, although intra-day resistance at 1.5415 has not yet been broken.
Gold at $1250, Silver Nears $20/Oz, as Obama's $150bn Labor Day Promise Called "Austere" by KrugmanMonday, September 6, 2010 @ 4:14PMTHE PRICE OF GOLD rose back above $1250 an ounce for Dollar investors on Monday in what dealers called "quiet" Asian and early London trade, while European stock markets also ticked higher together with government bonds.
Gold Up-Date -- Gold Prices Set to Move Higher During the Coming MonthsMonday, September 6, 2010 @ 10:15AMThe US dollar was broadly lower last week. On Friday, the monthly non-farm payroll figures were released and showed a solid expansion of 67,000 jobs in the private job market even though the payrolls number showed a contraction of 54,000. Both figures were better than expectations.
FX Technical Weekly 09-03Friday, September 3, 2010 @ 3:00PMThe trend towards risk is back. Take advantage through the AUDUSD and EURJPY.
Singapore dollar hits record high against greenbackFriday, September 3, 2010 @ 12:42PMSINGAPORE: The Singapore dollar touched an all-time high against the US dollar yesterday as some Asian currencies were boosted by a return of risk appetite on better US housing and jobs data, analysts said.
Singapore dollar hits record high against greenbackFriday, September 3, 2010 @ 11:38AMSINGAPORE: The Singapore dollar touched an all-time high against the US dollar yesterday as some Asian currencies were boosted by a return of risk appetite on better US housing and jobs data, analysts said. The Singapore dollar at one point traded at 1.3419 to the US dollar, topping the previous high of 1.3438, said Suresh Kumar Ramanathan, regional rates and forex strategist at Malaysian bank ...
Japanese Yen Channel is KeyFriday, September 3, 2010 @ 9:37AMDaily Bars Prepared by Jamie Saettele Focus remains on the all time low just below 8000 (1995 low) for the USDJPY. A multi month channel defines the near term trend but RSI divergence on the daily (multiple times over the past several months) warns of a reversal. That channel is at 8550 today and decreases 10 pips/day. DailyFX provides forex news on the economic reports and political events that ...
Saxo Bank Launches New Morning Markets and Trading Notes on TradingFloor.comFriday, September 3, 2010 @ 5:25AMSaxo Bank, the specialist in online trading and investment, has launched two new European morning publications entitled the 'Morning Kickoff @ Saxo Bank' and the 'Saxo Bank Charts of the Day' which will be published through the Tradingfloor.com site.