FOREX NEWS
Fed's Beige Book Unveiled Deceleration In US Growth
2010-09-09 07:11:25 || Action Forex (ALL)
The Fed's Beige Book shows that US' economic growth moderated further during the period from mid-July to end-August. While the recovery continued to expand, it has shown 'widespread signs of a deceleration'. Of the 12 districts, 5 saw growth at 'a moderate pace', 5 pointed to 'positive developments or net
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Morning Briefing : 09-Sep-2010 - 0347GMT
2010-09-09 06:49:23 || Global-View.com FX Research
GOOD MORNING! EQUITIESThe US Equities gained over successful auctions of Portugal debt, easing European worries yesterday. The Dow (10387.01) was up 0.45% and the SP 500 (1098.87) was up 0.64%. The Dow may move in a small range of 10250-500 in the next few days followed by an upmove towards 10700-50 in the coming weeks. The Asian Equities are mixed today. The Nikkei (9095.52, up 0.79%) was up following the gains in global equities yesterday and may see some upmove towards 9250-300 while above 8950-9000. The Shanghai (2686.87, down 0.31%) is unable to break above the range of 2600-700. In India, the Sensex (18666.71, up 0.12%) and the Nifty (5607.85, up 0.07%) ended flat after recovering most of the opening losses. The Sensex ha
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Gold Chart Pattern Indicates Impending Break
2010-09-09 06:20:22 || Global-View.com FX Research
December Gold futures declined from their high lateWednesday to finish lower for the day. Good news from Portugal helpedalleviate European bank concerns and stronger demand for equities helped drawmoney out of hard assets, sending Gold futures lower.Techni
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