Euro Open: Will an ECB Rate Hike Doom the Dollar? (Daily FX via Yahoo! Finance) bi13522389 Australian data once again dominated attention overnight as May's Trade Balance deficit widened more than economists expected, showing a shortfall of -A$965 million versus a narrow A$12 million surplus the preceding month

Gold Prices Firm on "Third Oil Shock" as Euro Banking Stocks Sink; Bullion Se bi13522389 GOLD PRICES ticked back towards yesterday's 11-week highs early Tuesday, standing 1.1% above Monday's low as crude oil bounced on the threat of Israel bombing Iran

Asia DayAhead: Most U.S. Stocks Fall; Lehman Drops on Sale Talk (Bloomberg.com) bi13522389 July 1 (Bloomberg) -- Most U.S. stocks fell for a third day, capping the market's worst month six years, on concern that deepening mortgage losses force more banks to cut dividends or sell shares at a discount

Italy's Berlusconi seeks EU reply to strong euro concerns (The Forex Market) bi13522389 MILAN (Thomson Financial) - Italy's prime minister Silvio Berlusconi said the EU has not given a clear reply to concerns about the strong and industry's loss of competitiveness the face of Asia imports

Price increase reprieve Asia, but Polymerupdate (Modern Plastics) bi13522389 Polymerupdate ( http://www.polymerupdate.com ) reports that although buying momentum polypropylene ( PP ) may have slowed Asia due to current high ruling prices, traders speaks remain very bullish July and August outlooks

Daimler Achieves EBIT of euro 2,053 Million Second Quarter of 2008 (The Au bi13522389 -- Net profit of 1,395 million (Q2 2007: 1,849 million) -- Earnings per share of 1.40 (Q2 2007: 1.74) -- Unit sales up by 10% to 566,500 cars and commercial vehicles -- Revenue up by 6% to 25.4 billion, adjusted for exchange-rate effects up by 11% -- Full-year EBIT from ongoing operations (excluding Chrysler) expected to exceed 7 billion ..

Asia Day Ahead: U.S. Stocks Fall; Ford Shifts Away From Trucks (Bloomberg.com) bi13522389 July 25 (Bloomberg) -- U.S. stocks tumbled, sending financial shares to worst drop eight years, after home sales slid more than forecast and investor Bill Gross predicted the housing slump cost banks and brokerages $1 trillion

24-07-2008: S?pore now 5th most expensive city Asia (The Edge Daily) bi13522389 SINGAPORE: Singapore has climbed one spot to become the fifth most expensive city Asia and 13th globally, Moscow the world?s most expensive city for expatriates for the third consecutive year, according to the latest Cost of Living (COL) Survey 2008 by Mercer, a provider of consulting, outsourcing and investment services

New Zealand Currency Drops To Multi-day Lows Against Euro And Yen (Nasdaq) bi13522389 (RTTNews) - Tuesday morning Asia, the New Zealand dollar showed mixed performance against major counterparts. While the kiwi slumped to an 8-day low against the and a 4-day low against the yen, gained against the Australian dollar

Euro Open: Will IFO Push Euro Even Lower? (Daily FX via Yahoo! Finance) bi13522389 A deepening recession moved the Reserve Bank of New Zealand to cut interest rates for the first time 2003, putting benchmark borrowing costs at 8.00%. The Kiwi dollar responded sharply, dropping 82 pips the first 10 minutes following the release and continuing lower overnight

Asia Day Ahead: Paulson Plans Hedge Fund to Give Banks Capital (Bloomberg.com) bi13522389 July 24 (Bloomberg) -- U.S. stocks rose for a second day as oil retreated, lawmakers moved closer to shoring up the mortgage industry and earnings reports from AT&T Inc. and Pfizer Inc. eased concern that the profit slump worsen

Politics, Economy Threaten Asia's Growth (Forbes) bi13522389 Political uncertainty and slowing exports are reminiscent of '90s crisis

Dollar stable Asia amid rate hike speculation (Philippine Daily Inquirer) bi13522389 TOKYO, Japan -- The dollar held firm Asian trade Thursday, supported by falling oil prices and market talk of possible US interest rate rises, dealers said

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