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2nd UPDATE: UK June PPI Fall Signals Below-Target CPI
Published July 10, 2009, 3:48 am, The Forex Market
(Adds analyst comment.) LONDON (Dow Jones)--Sharper-than-expected U.K. factory gate price deflation in June signals a period of below-target consumer price inflation over the coming months, suggesting the Bank of England still has more work to do.
UPDATE: Portuguese June CPI -1.6% On Year, +0.1% On Month
Published July 10, 2009, 3:33 am, The Forex Market
MADRID (Dow Jones)--Consumer prices declined in Portugal for the fourth consecutive month in June from a year earlier as the cost of transport and food continued to drop, data from the country's National Statistics Institute, or INE, showed Friday.
Table Of China June Copper, Aluminum, Product Imports
Published July 10, 2009, 3:33 am, The Forex Market
SHANGHAI (Dow Jones)--The following table shows preliminary import and export data for copper, aluminum and their products provided Friday by the General Administration of Customs.
German chipmaker Infineon unveils major capital increase
Published July 10, 2009, 3:30 am, AFP via Yahoo! UK & Ireland Finance
Computer chip maker Infineon said on Friday it would make a big capital increase guaranteed by the US investment fund Apollo, giving the troubled German company a breath of fresh air.
QUICK POLL
Published July 10, 2009, 3:25 am, GlobeSt.com
NOVATO, CA-Scotts Miracle-Gro Co. said this week it will shut down Smith & Hawken, a Novato, CA-based 56-store chain that has been a perpetual drag on the Marysville, OH-based public company’s earnings.
China 1H Edible Oil Imports 3.44 Mln Tons, Down 9.1% On Year
Published July 10, 2009, 3:18 am, The Forex Market
SINGAPORE (Dow Jones)--China imported 3.44 million metric tons of edible vegetable oil in the first half of this year down 9.1% compared with the same period last year, preliminary data provided by the General Administration of Customs showed Friday.
Forex: Dollar higher across the board
Published July 10, 2009, 3:18 am, The Forex Market
Fxstreet.com (Buenos Aires) – Dollar is higher across the board with stocks falling in Europe, and futures sinking in Wall Street.
UPDATE:G8:Merkel:China Forex Idea Not Yet Practically Relevant
Published July 10, 2009, 3:18 am, The Forex Market
L'AQUILA, Italy -(Dow Jones)- German Chancellor Angela Merkel said Friday that China's proposal on setting up a global reserve currency has not been an official topic at the summit here and any artificial global currency is not a relevant concept any time soon.
US fund Apollo to invest in Germany's Infineon: report
Published July 10, 2009, 3:11 am, Indiana's NewsCenter
The troubled German computer chip maker Infineon said it would make a major capital increase with the backing of the US investment fund Apollo.
European markets decline on banking system concern; Dollar higher
Published July 10, 2009, 3:04 am, The Forex Market
FXstreet.com (Barcelona) - Stocks market in Europe is falling today on banking system concern as Steinbrueck, German Finance Minister, warns again for a credit crunch, risk aversion and commodities decreases. Dollar is higher today except Yen again.
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