In the US, for the week ended 13 August 2011, initial jobless claims rose to 408,000, compared to the previous week’s revised figure of 399,000. Additionally, for the week ended 6 August 2011, ......

Canadian dollar declined against the greenback as lower commodity prices decreased the demand for the commodity linked currency.In Canada, on a monthly basis, the wholesale sales rose by 0.2% to $47.8......

The Swiss franc fell against the dollar on Thursday, amid rumours that the Swiss National Bank (SNB) was adding liquidity via the currency forwards market.In the Asian session, at 3:00GMT, the pair is......

Yesterday, Japan’s Finance Minister, Yoshihiko Noda stated that he would continue to monitor the foreign exchange markets carefully and would take necessary action, if required, to halt the ......

In the UK, the retail sales increased 0.2% (M-o-M) in July, against the market expectation of 0.3% rise in July. Additionally, on a monthly basis, the retail sales excluding automotive fuel rose 0.2% ......

Global investment bank Morgan Stanley, yesterday, cut the growth forecast for the world economy to 3.9% from 4.2% in 2011, citing inadequate policy response, disappointing data and prospects of ......

In the Asian session at 3:00GMT, the pair is trading at 1.0512, 0.44% higher from yesterday’s close at 23:00 GMT.LME Copper prices rose 1.3% or $110.0/MT to $8,869.8/ MT. Aluminium prices rose ......

In the US, on a monthly basis, the producer price index rose 0.2% in July, following a 0.4% decrease recorded in June.In Canada, the foreign investors divested C$4.5 billion in Canadian bonds in June,......

The Swiss National Bank (SNB) in a statement yesterday stated that it would boost liquidity to the money market, expanding banks’ sight deposits to CHF200 billion from CHF120 billion, but did ......

In Japan, this morning, the merchandise trade surplus rose to ¥72.48 billion in July, compared to a downwardly revised trade surplus of ¥68.6 billion recorded in June. Meanwhile, the adjusted ......