Forex Signals, Currency Trading, Economic News, Forex Blog

European stocks dropped as investors awaited the American payrolls report today and elections in France, Greece, Italy and Germany this weekend. U.S. index futures were little changed, while Asian shares fell. Royal DSM NA, the world’s largest maker of vitamins, declined 2.1 percent after Bank of America Corp. downgraded its recommendation for the stock. Rio [...]

European shares are called to open flat Thursday after shares saw no more than small gains overnight in Asia, reflecting concerns about sovereign debt in Europe. The FTSE 100 [.FTSE 5634.74 39.19 (+0.7%) ] is expected to open lower by 6 points, the DAX [.GDAXI 6674.73 --- UNCH ] is seen higher by 16 points [...]

www.goldenschild.com is LIVE ! Goldenschild Asset Management was established to meet a demand from investors to achieve moderate but consistent returns on their capital, but without the risk and volatility seen in recent times of more traditional asset classes such as equities, bonds, commodities and real estate. PDF Version of Goldenschild Trading Statement The emphasis [...]

The third read on fourth quarter GDP would normally be a ho hum event, but Thursday’s report could contain some important insights about first quarter growth. Economists are looking to see what kind of revisions will show up in personal consumption, and then whether that could spill into the February personal consumption number, released Friday. [...]

Unemployment should drop below 8 percent this year as part of an improving economic climate that could take more monetary easing off the table, Fed President James Bullard told CNBC. The head of the Federal Reserve’s St. Louis branch said 2011 featured a number of unexpected shocks to the economy — Japan’s tsunami and Europe’s [...]

European stocks climbed, snapping a three-day decline, as companies from Telecom Italia SpA (TIT) to BASF SE (BAS) reported earnings. U.S. index futures and Asian shares advanced. Telecom Italia, the country’s biggest phone company and BASF, the world’s largest chemicals maker, rallied 6.1 percent and 1.9 percent, respectively. Eiffage SA jumped 11 percent after the [...]

Consumer confidence in the U.S. increased last week to the highest level since April 2008 as more Americans had a favorable view of their finances. The Bloomberg Consumer Comfort (COMFCOMF) Index rose to minus 38.4 in the period ended Feb. 19, its fifth consecutive gain, from minus 39.8 the previous week. It marked the second [...]

The yen fell to six-month lows on the greenback on Monday, while commodity currencies jumped after China’s central bank joined other major counterparts globally in stimulating growth. The dollar [JPY= 79.42 -0.19 (-0.24%) ] jumped to 79.65, surpassing the October peak around 79.55 scaled after Japanese authorities intervened in markets to weaken their currency. It [...]

Eurozone finance ministers have made a series of demands for Greece to get a 130bn euro ($170bn; £110bn) bailout. They said the Greek parliament would have to approve the terms of a package of cuts and reforms agreed with the EU and the International Monetary Fund. In addition, Athens must find a further 325m euros [...]