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Repeat:W/Jobs Back,Canadians Buy Autos --Bucking Global Trend

Canadians are out of step with the rest of the industrialized world, confidently buying new motor vehicles when sales in the United States and many other countries are falling....

Fri, 09/03/2010 - 01:35

FX Update

ASIA FX: US Dollar Stuck in Tight Ranges Before Payrolls Data

The U.S. dollar traded sideways within narrow ranges in Asia Friday, as players waited for the release of tonight's U.S. non-farm payrolls data for August. The FX market started the session with tinge of risk...

Fri, 09/03/2010 - 00:24

North America
Tuesday, September 8, 2009 - 16:23

US TSYS: Near Term Technicals, Supply Bearish For Bonds

By Alyce Andres-Frantz

CHICAGO, Sep 8 (MNI) - On the heels of last week's a big rally that failed at resistance levels, sources opine that a supply induced setback might be in store for the bond market, albeit, near term.

Bill O'Donnell, head of market strategy and research at RBS said
Tuesday, September 8, 2009 - 15:48

FXWRAP: Dollar On The Defensive In Post-Labor Day Trading

By Dennis Pettit

NEW YORK, Sept 8 (MNI) - The dollar was holding a mixed tone vs the euro and the yen in afternoon trading Tuesday, up very slightly vs both when compared to early session levels but firmly on the defensive when compared to its pre-weekend closing levels.

Euro-dollar was changing hands at $1.4490 in afternoon dealings
Tuesday, September 8, 2009 - 15:03

US Sen.Reid, McConnell Begin Fall w/Old Health Care Skirmish

By John Shaw

WASHINGTON (MNI) - Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell convened the Senate's fall session Tuesday, by resuming their months-long skirmish over health care reform,
Tuesday, September 8, 2009 - 14:21

Fed Disc Minutes: No Requests for Disc Rate Changes July/Aug

By Steven K. Beckner

Market News International - There were no requests from the Federal Reserve Banks to change the "primary credit" rate at which the Fed lends to depository institutions from its discount window in July or August, minutes of the Federal Reserve Board's discount rate meetings released Tuesday show.
Tuesday, September 8, 2009 - 13:12

US Hoyer: Must 'Move Forward' On Health Care; No Timetable Yet

By John Shaw

WASHINGTON (MNI) - House Majority Leader Steny Hoyer said Tuesday that Democrats remain determined to pass health care reform legislation, adding the leadership is still trying to determine what kind of package
Tuesday, September 8, 2009 - 10:51

US CongressWk: Hill Returns To Health Care, Fin Reform Agenda

By John Shaw

WASHINGTON (MNI) - As Congress returns to Washington from its
Tuesday, September 8, 2009 - 08:01

US NFIB Monthly Optimism Survey 88.6, +2.1 Pts from Prv Mos

WASHINGTON (MNI) - The following is the text of the National Federation of Independent Business monthly optimism survey, published Tuesday:

Small Business Owners Appear Skeptically Optimistic About the Economy

The National Federation of Independent Business monthly Small Business Economic Trends survey reports small business owner optimism
Tuesday, September 8, 2009 - 03:33

ASIA FX: Dlr Weaker, Yen Crosses Fluctuate; Aussie Rises

SINGAPORE, Sept. 8 (MNI) - The U.S. dollar was broadly weaker in late Asian trade Tuesday, driven by risk appetite and fluctuating yen crosses, with U.S. markets set to re-open later after Monday's Labor Day holiday.

According to dealers, part of the day's swings in risk sentiment came after gold prices, both in the spot and futures markets, rose above