Forex News

Weekly market preview – 27 May 2013

From alpari.co.uk| 8 hr ago| 1 comment

A relatively quiet week ahead, with Monday representing a bank holiday in both the UK and US economies. Subsequently, much of the markets will be experiencing lower volumes and potentially higher volatility as a result.  Monday serves to set the tone for the UK, where a very light week of events provides few particular releases of note that may effect ...

Notes from the PIMCO Investment Summit with Mohamed El-Erian

From thereformedbroker.com| 11 hr ago

Contrasts and Complexity The world is full of contrasts, but there is nothing "irrational" about them. Inside of these contrasts there is important information to be learned, these contrasts describe the world we're in. PIMCO uses a term to describe this concept, "Stable Disequilibrium". It sounds like an oxymoron but it is not, it is a way to describe ...

IMF chief Christine Lagarde key witness in Tapie case

From bbc.co.uk| 11 hr ago

A French court has decided not to place the head of the International Monetary Fund, Christine Lagarde, under investigation over a payout made when she was finance minister. Ms Lagarde was instead made an assisted witness in the case, meaning she will be called upon to testify but is not directly under suspicion. Some 400m euros (£342m; $516m) was ...

Europe Week Ahead: EC Report, EZ M3, -ESI, -Flash HICP

From efxnews.com| 9 hr ago

On Wednesday 29 May, the European Commission will publish the results of its own assessment of national reform programmes and stability programmes submitted by EU governments at the end of April. The EC will publish country-specific recommendations, which in turn will be discussed (and possibly amended in some cases) by the European Council (on 27 June). No ...

US Week Ahead: GDP, Consumer Conf, Personal Income/Spending

From efxnews.com| 4 hr ago

We forecast the May Consumer Confidence survey moved three points higher to 71.0. The preliminary May U. of Michigan Consumer Sentiment survey rose to the highest level in almost six years as rising home values, record stock prices, and lower gasoline prices boosted household wealth. We anticipate that the Consumer Confidence report will be impacted by ...