Friday, May 1, 2009

Won climbs on capital injection boost

The South Korean currency rose sharply, experiencing its largest daily gain in nearly six months - Apr 30 2009 23:04

* The future of reserve currencies
* New Zealand cuts rates to 2.5%
* BoJ revises down growth forecast

Germany slashes 2009 growth forecast

The German government has confirmed that it expects the economy to contract by 6 per cent this year, revising down its January projection of a 2.25 per cent fall in gross domestic product - Apr 29 2009 17:48

* Germany’s woes spark talk of Weimar
* Eurozone economic confidence rebounds

Eurozone economic confidence rebounds

The first significant rise in eurozone economic optimism for almost two years has created a slightly less bleak backdrop for emergency measures to be unveiled by the European Central Bank next week - Apr 29 2009 17:42

* Wolfgang Münchau: The eurozone needs a co-ordinated strategy
* Signs worst is over for eurozone

The future of reserve currencies

Karthik Sankaran at Covepoint Capital answers readers’ questions on the dollar, its competitors for reserve currency status, and other aspects of the currency markets, on Tuesday, May 5 - Apr 29 2009 11:07
German business confidence rebounds

A surprisingly sharp rise in German business confidence has provided further evidence that Europe’s largest economy is over the worst of its recession and is closer to returning to growth than previously thought - Apr 24 2009 10:27
UK business confidence stabilises

New orders in manufacturing fell at their fastest pace in 30 years in the first quarter, but business confidence showed signs of stabilising, according to a survey by the CBI employers’ group - Apr 23 2009 12:03
Lex: Yuan for all?

Recent developments have hinted at a new determination to internationalise the renminbi, but enthusiasts for a new world order should take a step back - Apr 22 2009 19:58
Lehman collapse led to euro note ‘hoarding’

Demand for euro notes, especially large denominations, soared last year after the collapse of Lehman Brothers investment bank apparently triggered a flight to cash - Apr 21 2009 18:44
Insight: Dollar still reigns supreme

A shift in central bank reserves from the dollar would have implications for financial markets beyond exchange rates, writes Mansoor Mohi-uddin at UBS

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