Posts Tagged ‘central’
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Euro slipped; Yen hits month high before BOJ meet

by Forex Rooton April 2, 2013 6:47 am BST
The yen shot to a one-month high against the dollar on Tuesday after softer-than-expected U.S. manufacturing data prompted investors to sell the greenback. Further gains for the Japanese currency could be limited as investors wait to see what the Bank of Japan (BOJ) will deliver at its April 3-4 policy meeting. The BOJ is widely […]

Gold bears braced for U.S. to china growth recovery

by Forex Rooton February 15, 2013 8:43 am BST
Gold traders are the most bearish in more than a year on mounting speculation that improving economic growth from the U.S. to China will curb demand for this year’s worst-performing precious metal. Twenty analysts surveyed by Bloomberg this week expect prices to fall next week, while 11 were bullish and three were neutral, making the […]

Gold Extends Longest Streak Since 1920 on Central-Bank Stimulus

by Forex Rooton January 1, 2013 10:02 am BST
Gold rose, capping the longest annual gain since at least 1920, on renewed concern that central banks from Europe to China will take steps to spur economic growth and as U.S. leaders near a budget deal. Gold futures for February delivery gained 1.2 percent to settle at $1,675.80 at 1:41 p.m. on the Comex in […]

Sukuk Seen Topping $46 Billion Record on Debuts

by Forex Rooton December 27, 2012 6:54 am BST
Global sukuk sales will challenge this year’s record of $46 billion in 2013 as countries such as Oman, Tunisia and Egypt tap the market for the first time, CIMB Group Holdings Bhd. and OCBC Al-Amin Bank Bhd. say. Borrowing costs on Shariah-compliant debt have fallen 11.4 percentage points to 2.82 percent since the end of […]