(Reuters) - The euro fell for a third straight day against the dollar and yen on Tuesday after German sentiment data came in slightly below expectations and comments from European Central Bank officials saying they were prepared to do more to keep interest rates low.
German business morale improved slightly in September to touch a 17-month...
Read more
About: Irene Wilson
Recent Posts by Irene Wilson
Daily Market Review- 24th September 2013
Fundamental News
Today’s highlights:
• German Business Expectations + German Current Assessment + German Ifo Business Climate Index (Ger; 09:00 GMT)
• BBA Mortgage Approvals (GB; 09:30 GMT)
• Core Retail Sales (MoM) (Can; 13:30 GMT)
• CB Consumer Confidence (U.S; 15:00 GMT)
Federal Reserve Bank of Atlanta President Dennis Lockhart, who has backed the Fed’s $85 billion in monthly bond...
Read more
Gold bulls undeterred as stimulus-led rally fades
"The latest euphoria in gold could continue in the coming days as speculative investors liquidate their short positions in futures and options further," said UBSanalysts Dominic Schnider and Giovanni Staunovo. "A test of the upper bound of our three-month trading range of $1,425 cannot be ruled out, especially with the Chinese market returning this...
Read more
Oil’s focus returns to Syria, Iran at UN assembly
Benchmark oil prices will likely extend their declines this week as Iran's leadership adopts a more moderate stance towards the West, raising speculation of a speedier end to international sanctions which have cut the OPEC nation's crude exports by more than a half since early 2012.
Scheduled U.S. data releases this week will undoubtedly create near-term...
Read more