Friday, June 22, 2012

Daily Forex and Stocks news: US stocks fall on jobless claims, GBP gets a boost from retail sales, China lowers barrier to foreign investors

Global economic going to slow down, Weak economic data weigh on sentiment, An easing of eurozone sovereign debt tensions – illustrated by falling Spanish bond yields – bolsters those of a more bullish bent

Latest U.S. Jobless claims data is bad, US stocks fall on jobless claims, Higher than expected initial jobless claims and downbeat economic data from China and Germany weigh on Wall Street

Meanwhile, daily forex news from UK, Sterling Pound gets a boost from retail sales, Sterling advances against other major currencies after UK retail sales in May are stronger than expected, rising 1.4 per cent

All foreign investors threaten JGB stability, yes risk aversion for foreigners have been flocking to Japan's government bond market and driving up prices, but they could just as easily push them down again

Latest news from Spain Treasury Bonds, Spain sells 5-year bonds at record yield, Spain finance update from Madrid makes the most of a bond market reprieve and sells €2.22bn of medium-term bonds but is forced to pay record interest rates

Meanwhile from Asian economic news, China lowers barrier to foreign investors, they pay attention more for the barrier, In a significant relaxation of strict capital controls managers responsible for as little as $500m and two years' operating history can apply for QFII licences

Stocks info, From Swiss economic news, Strong exports put Swatch in demand, Swiss watchmaker is a bright spot as global growth worries cloud sentiment prompting bourses to relinquish gains with Lundin Petroleum the biggest loser

US index futures fall down, Fed disappointment hits Asian shares
Stocks fall after the US Fed fails to adopt aggressive easing measures while Chinese data also disappoints and makes another global index fall down, but a weak yen helps Japan buck the trend

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