Boston eFX 18:04 GMT November 18, 2011
Subject: Fink, Gross Discuss Occupy Wall Street (VID)
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Laurence Fink, chief executive officer of BlackRock Inc., and Bill Gross, co-chief investment officer at Pacific Investment Management Co., talk about the Occupy Wall Street movement and the U.S. political process.
Fink, Gross Discuss Occupy Wall Street (VID)
CAS 11:05 GMT November 18, 2011
Subject: SEC Asking About Insider Trading at S&P (eFXnews)
When a person with knowledge in a company acts on basic stock information before it is available to the general public, that's the time insider trading becomes illegal. Members of Congress have an insider's view of laws that will happen. Sometimes, brand new regulations can affect the share prices of huge companies, opening the door for potential congressional inside trading. I found it here: Congressional insider trading alleged in new book.
Boston eFX 02:29 GMT November 18, 2011
Subject: EUR/USD Daily Asia Outlook 11/18
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(Dow Jones via eFXnews) EUR/USD - to trade with bearish bias. Undermined by fears over escalating euro-zone debt crisis as yesterday's poorly received Spanish debt auction saw 10-year bonds priced at euro-era record high yield of 6.975% compared to 5.43% at similar auction in October, while only EUR3.56 billion of bonds were sold (well below EUR4 billion target); spread of Spain's borrowing costs above similar German government bonds now close to levels where clearing houses such as LCH.Clearnet may demand extra collateral against trades. EUR/USD also weighed by worries over impact of euro-zone sovereign debt troubles on region's banking system and funding shortage for European banks; fears of euro-zone recession; expectations of rate cut from ECB in coming months. But EUR/USD losses tempered by sovereign demand for euro; positions adjustment before weekend.
Data focus: 0700 GMT German October PPI.
EUR/USD daily chart .....
EUR/USD Daily Asia Outlook 11/18 (full story)
Boston eFX 02:28 GMT November 18, 2011
Subject: GBP/USD Daily Asia Outlook 11/18
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(Dow Jones via eFXnews) GBP/USD - to consolidate with bearish bias. Undermined by elevated risk aversion; expectations of more quantitative easing from Bank of England in coming months. But GBP sentiment soothed by surprise 0.6% jump in UK October retail sales (vs forecast for 0.2% decrease). GBP/USD losses also tempered by positions adjustment before weekend.
Data focus: 0930 GMT UK October CML mortgage lending figures.
Daily chart .....
GBP/USD Daily Asia Outlook 11/18 (full story)
Boston eFX 02:27 GMT November 18, 2011
Subject: USD/CAD Daily Asia Outlook 11/18
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(Dow Jones via eFXnews) USD/CAD - to trade with bullish bias. Underpinned by heightened investor risk aversion; softer commodity & oil prices (Nymex crude settled down $3.77 yesterday at $98.82/bbl). But USD/CAD gains tempered by positions adjustment before weekend.
Data focus: 1200 GMT Canada October CPI, 1330 GMT composite leading indicators.
USD/CAD daily chart.....
USD/CAD Daily Asia Outlook 11/18 (full story)
Boston eFX 02:26 GMT November 18, 2011
Subject: USD/CHF Daily Asia Outlook 11/18
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(Dow Jones via eFXnews) USD/CHF - to trade with bullish bias. Buoyed by broadly firmer USD undertone as investor risk aversion intensifies over deepening euro-zone crisis; drop in Swiss ZEW economic expectations index to minus 64.3 this month from minus 54.4 in October; expectations of Swiss National Bank's CHF-selling intervention. But USD/CHF gains tempered by positions adjustment before weekend.
Daily chart.....
USD/CHF Daily Asia Outlook 11/18 (full story)
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