Aug 23, 2010
NASDAQ LATEST FOREX NEWS
- Forex: NZD/JPY breaks under 60.00 8/23/2010 10:14:01 PM - FXstreet.com
- Forex: AUD/USD pullback extends toward 0.8880 8/23/2010 9:14:01 PM - FXstreet.com
- Forex: EUR/USD pressured towards 1.2610 8/23/2010 8:14:43 PM - FXstreet.com
- Forex: NZD/USD pares gains, settles under 0.7060 8/23/2010 8:14:31 PM - FXstreet.com
- Forex: CAD/JPY reaches 9-month low under 81.00 8/23/2010 8:14:23 PM - FXstreet.com
Verizon exec defends Web traffic plan with Google
By John Letzing MarketWatch
ECONOMIC CALENDAR FOR THIS WEEK
|time (et)||report||period||Actual||Consensus |
|MONDAY, AUG. 23|
|Tuesday, AUG. 24|
|10 am||Existing home sales||July||4.70 mln||5.37 mln|
|Wednesday, AUG. 25|
|8:30 am||Durable goods orders||July||2.7%||-1.0%|
|10 am||New home sales||July||339,000||330,000|
|10 am||FHFA home prices||June||N/A||0.5%|
|Thursday, AUG. 26|
|8:30 am||Jobless claims||8/21||490,000||500,000|
|FRIDAY, Aug. 27|
|8:30 am||GDP revision||2Q||1.2%||2.4%|
|10 am||Consumer sentiment||Aug.||69.0||69.6|
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|Evening Market Wrap Mon Aug 23 17:01 2010|| |
Aug 23, 2010 Economic Concerns Send Stocks Lower In Late-Day Trading - U.S. Commentary Stocks closed lower to open the week on Monday, as concern regarding the direction of the economy erased earlier gains that came on news of a flurry of mergers and acquisitions. The majority of the selling came late in the day, spearheaded by losses in the tech sector. Full Article
Forex Top Story
Aug 23, 2010 Dollar Pushes Higher Versus Euro The dollar remained on the defensive versus the resurgent yen but jumped to a fresh monthly peak against the euro on Monday, as investors remained skittish despite a flurry of activity on the merger front. Today's lack of economic catalysts from the US served to keep last week's pattern in place. The dollar failed to mount a challenge versus the yen, which has become the world's preferred safe haven currency. On the flip side, the buck firmed up against riskier currencies. Full Article
By SUSAN STELLIN
After the F.A.A. downgraded Mexico's safety rating, attention turned to the inconsistencies in global guidelines.
By HIROKO TABUCHI
With anemic growth and looming deflation, Japan's central bank sees little it can do to stimulate the economy despite mounting pressure to act.
By DAVID BARBOZA
The$735 million venture joins others that are raising huge funds denominated in the renminbi. Beijing hopes such investments will strengthen the nation's capital markets.
The appointment of Mark Lee ends a two-year period in which the luxury retailer was led by a committee of seven executives.
By DAVID STREITFELD
Many economists believe that the days of banking on an asset that could only rise in value are gone for good.