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Yen Advances Versus Euro on Concern Global Recovery Will Falter

Published July 6, 2009, 12:06 am, Bloomberg

July 6 (Bloomberg) -- The yen advanced for a third day against the euro and gained versus the dollar on concern credit- market losses will keep increasing in Europe and the U.S., spurring demand for the relative safety of Japan’s currency.

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Currency Funds Crushed on Dearth of Market Trends (Update1)

Published July 5, 2009, 11:56 pm, Bloomberg

July 6 (Bloomberg) -- FX Concepts Inc., the world’s largest currency hedge fund, says it lost 5.4 percent in this year’s first five months. John W. Henry & Co.’s foreign-exchange fund told investors it lost 2 percent, after 2008’s 76 percent gain, the best since its 1986 launching.

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Hedge funds not that hot, but still here

Published July 5, 2009, 11:44 pm, MENAFN

Hedge funds not that hot, but still here

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Yen Advances Against Euro on Concern Credit Losses Increasing

Published July 5, 2009, 10:43 pm, Bloomberg

July 6 (Bloomberg) -- The yen rose for a third day against the euro and gained versus the dollar on concern credit-market losses will keep increasing in Europe and the U.S., spurring demand for the relative safety of Japan’s currency.

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Budget simplified!

Published July 5, 2009, 9:55 pm, rediff.com

Here is a financial glossary of words and phrases linked to the budgetary exercise to help you manoeuvre your way through the maze that is the Budget.

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Yen Strengthens on Concern Credit Losses May Increase in Europe

Published July 5, 2009, 9:43 pm, Bloomberg

July 6 (Bloomberg) -- The yen strengthened against the euro and the dollar on concern credit-market losses will keep increasing in Europe and the U.S., spurring demand for the relative safety of Japan’s currency.

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Floating mortgage margins need scrutiny

Published July 5, 2009, 9:28 pm, Scoop.co.nz

Federated Farmers intends to meet with the major trading banks to discover why there is a disparity between farm mortgage interest rates and residential home loans.

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Peter Brimelow: Hedge funds not that hot, but still here

Published July 5, 2009, 9:21 pm, Market Watch

A new academic study says hedge funds do not have a special edge over the market or over each other. And yet, they exist.

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RBNZ says banks’ fixed-lending rates ‘reasonable’

Published July 5, 2009, 4:27 pm, Scoop.co.nz

July 6 – New Zealand banks’ pricing of fixed-rate loans is “reasonable” given the cost of funds, though there is room for lenders to reduce floating-rate products, according to the central bank.

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Economists ‘Cart Before The Horse’ Problem

Published July 5, 2009, 3:57 pm, Scoop.co.nz

Within this recent New York Times article Fair Game - So Many Foreclosures, So Little Logic , a report from the United States Comptroller of the Currency, indicates that there is promising data regarding loan modification trends in the United States.

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