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- Eurozone Leaders Say They Have Agreed New “Pact For Euro”
- ECB Trichet, EU Barroso Welcome New Portugal Fiscal Measures
- US’s Boehner: Dems Must Offer’Coherent Position’On Spend Cuts
- US real money continues to buy euros
- ForexLive US wrap: Market rocks and rolls after quake
- BOE King: World Imbalances Growing: Need Rules To Tackle Them
- Saudi prince says no protestors in Riyadh today
- Japanese Govt: Pressure inside nuke plant may be 2.1 times design capacity
- Obama:Both Sides Must Compromise on Budget, Complete Work
- It’s all good!
- Libya suspends diplomatic relations with France
- Big aftershock in northern Japan around 30 minutes ago
- EU leaders have reached agreement on EU competitiveness pact
- Obama: Could release oil from SPR under certain circumstances
- Obama: Slowly tightening the noose on Gaddafi
- EU Van Rompuy: Qadaffi Regime Must Leave; Calls For Summit
- 1.3925 next resistance for perky Euro
- Here we go again…
- US Hill Expecting To Take Up Three-Week Stop-Gap Next Week
- Whatever they are smoking, others are smoking it too
| Eurozone Leaders Say They Have Agreed New “Pact For Euro” Posted: --Verbatim Statement By EU President Van Rompuy Follows At Bottom BRUSSELS (MNI) - Eurozone leaders ended their special summit here in the wee hours of the morning and announced they had agreed on the general principals of a new "Pact for the Euro," which includes three ...    |
| ECB Trichet, EU Barroso Welcome New Portugal Fiscal Measures Posted: BRUSSELS (MNI) - European Central Bank President Jean-Claude Trichet and European Commission President Jose Manuel Barroso issued a joint statement Friday night lauding new deficit cutting measures announced earlier in the day by the government of Portugal. The joint statement ...  |
| US’s Boehner: Dems Must Offer’Coherent Position’On Spend Cuts Posted: --House Speaker: House Will Pass Another Stop-Gap, Wait For Admin Plan --Rep. Boehner: Seeks 'Long Term Measure That Cuts Spending' --Rep. Boehner: 'Burden' On Admin, Senate Dems To Offer New Plan By John Shaw WASHINGTON (MNI) - House Speaker John Boehner said Friday the House will pass another stop-gap spending ...  |
| US real money continues to buy euros Posted: We've been as high as 1.3908 with a US custody bank buying the highs...These guys have been at it for hours... Bloomberg reports that the euro zone countries have agreed on a pact which includes binding and durable fiscal rules. We will see... They will ratify the pact at the summit scheduled ...  |
| ForexLive US wrap: Market rocks and rolls after quake Posted: US retail sales rise 1.0% in Feb; January sales revised higher to 0.7% from 0.3% University of Michigan consumer confidence index tumbles 68.2 from 77.5 on rising gasoline Business inventories rise 0.9%; inventory/sales ratio at record lows (inventories are lean) Fed's Dudley: No reason to shift policy because of improved growth; Fed will ...  |
| BOE King: World Imbalances Growing: Need Rules To Tackle Them Posted: --King: Rise In Long Term Interest Rates Inevitable In Long Run ...  |
| Saudi prince says no protestors in Riyadh today Posted: Gee, I wonder why?  |
| Japanese Govt: Pressure inside nuke plant may be 2.1 times design capacity Posted: That can't be good...  |
| Obama:Both Sides Must Compromise on Budget, Complete Work Posted: --Irresponsible to Continue to Fund Govt Two Weeks at a Time By Heather Scott WASHINGTON (MNI) - President Barack Obama said Friday both ...  |
| Posted: Stocks are up 0.9% in the US, bonds are firmer, up 4 bp to 3.40%...Whatever risk aversion there was early in the day is all but forgotten now. AUD/USD is nearly 2 cents above its earlier lows while EUR/USD bounced almost 1.5 cents. I can't prove it, but I would wager that ...  |
| Libya suspends diplomatic relations with France Posted: Noted without comment... Also, the US Treasury says they have frozen the assets of Gaddafi's wife and four of his children.  |
| Big aftershock in northern Japan around 30 minutes ago Posted: Magnitude 6.6...A big quake in its own right... USD/JPY steady around 81.90 after a slide as low as 81.65 earlier in the day.  |
| EU leaders have reached agreement on EU competitiveness pact Posted: Reaching agreements in the EU is easy. Sticking to the agreements is hard...Remember the Stability Pact? Deficits limited to 3% of GDP? How'd that work out for you? EUR/USD sits at 1.3895, just below session highs of 1.3898. The 50% retracement of the 1.4035/1.3852 decline.  |
| Obama: Could release oil from SPR under certain circumstances Posted: There is no supply shortage so the US haven't released oil from the Strategic Petroleum Reserve. Teed-up and ready to go if becomes necessary I am running out for a few minutes to take care of some urgent business...back shortly..  |
| Obama: Slowly tightening the noose on Gaddafi Posted: Oh I love it when he talks tough! UN sanctions and freezing assets, that's how Obama is tightening the noose... All options on the table...yada, yada... Oh, and if we all work together we can save energy and be energy independent....  |
| EU Van Rompuy: Qadaffi Regime Must Leave; Calls For Summit Posted: BRUSSELS (MNI) - The ruling regime of Muammar al-Qadaffi in Libya must stand down immediately, Herman Van Rompuy, President of the European Council, said Friday. He added that those responsible for attacks on civilians would face "grave consequences" and that ...  |
| 1.3925 next resistance for perky Euro Posted: Support is now in the 1.3840/50 area that capped us earlier...  |
| Posted: Brazil is considering fresh measures to stem the rise of the real, Bloomberg reports. A time requirement on foreign investment is one consideration, the wires reports. They already intervene on a daily basis and have put foreign investment taxes in place... So much for open, flexible markets...  |
| US Hill Expecting To Take Up Three-Week Stop-Gap Next Week Posted: --House GOP To Unveil Bill Friday With $6 Billion In Spending Cuts --House Expected To Vote On Stop-Gap Bill Tuesday --Senate Democrats Say New FY11 Stop-Gap Bill Is Acceptable By John Shaw WASHINGTON (MNI) - House Republicans are unveiling a three-week stop-gap spending bill to be voted on Tuesday ...  |
| Whatever they are smoking, others are smoking it too Posted: The dollar is getting smoked with the crazy talk of QE3 making the rounds. Stocks like the talk, of course, so we got that going for us, but the dollar is taking a bounding. EUR/USD is up to 1.3875 while AUD is flying through 1.0100, now at 1.0115. Crazy...  |
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