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European Economic Data Event Risk for 10.12.2008

Sunday, October 12th 2008   20:58
Economic data scheduled for release in European trading hours on Monday, October 12, 2008:

UK Government To Buy Controlling Stake in Major Banks

Sunday, October 12th 2008   19:22
The UK government is expected to take majority stakes in the Royal Bank of Scotland Plc and HBOS Plc, giving state authorities control over about one-third...

GFT Daily Market Commentary

Sunday, October 12th 2008   18:07
Forex Market Commentary for October 13, 2008 by Cornelius Luca

GFT Daily Market Commentary


The US stock markets failed an attempt to redress, the commodities remain under pressure and...

Inflation Will Dog the Dollar

Sunday, October 12th 2008   17:58
That the credit crisis has been kind to the US Dollar is possibly the understatement of the century. In other words, despite the rapid drop in US equity prices and the impending economic recession...

New Zealand Retail Sales Rise on Rate Cuts, Cheaper Oil

Sunday, October 12th 2008   17:43
New Zealand’s Retail Sales grew 0.4% in August, a stark improvement from the -0.7% contraction seen in the preceding month. Cheaper oil and dramatic interest...
Forex traders sold US Dollars and Japanese Yen following this weekend’s G7 summit in Washington, DC as the finance ministers from the world’s top economies...


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