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05.18.12_WRAP.jpg
Market Posts Worst Weekly Performance Of Year
05/18/12 04:30
05.18.12_POL.jpg
Presidential Image: Obama Has Higher Positives, Higher Negatives
05/18/12 02:36
05.18.12_open.jpg
Optimism Abounds Friday As Facebook Makes Debut
05/18/12 10:07
 

  European Market Commentary
The Swiss Stock Market Closed Solidly Lower After Returning From Holiday
The Swiss stock market finished weaker on Friday, after returning from Thursday's holiday. The market began the session to ....
European Markets Finished In The Red After Spanish Bank Downgrade
The European markets closed in negative territory on Friday, after Moody's lowered its ratings on a number of Spanish banks. ....
European Markets Mixed Amid Economic Worries
The European markets are trading mixed on Friday, some of them erasing early losses, as economic worries deepened after ....

  Market Sensitive Global News

US Hails Progress Made In Drafting Nepal's New Constitution

  Political News

Campaign Spotlight: Silver State Senate Race Still Up For Grabs
As the junior U.S. Senator from Nevada, Republican Dean Heller sits in the long shadow of his senior colleague, Senate ....

Medicare Study Shows Costs Lowest In Alaska, Highest In Nevada
A new national study of Medicare costs shows Alaska with the lowest health care expenses of any state in the nation, although ....

Age In Presidential Voting Preference A Factor Only Among Whites
A new Gallup poll released Friday shows President Barack Obama holds a large lead over Republican presidential hopeful Mitt ....

  North American Economic News

G8 Leaders Say Want Greece To Stay In Eurozone
Leaders of the G8 nations on Saturday said they support Greece remaining in the Eurozone, while welcoming the ongoing ....

Moody's Downgrades 16 Spanish Banks
Moody's Investors Service on Thursday downgraded 16 Spanish banks, citing rising loan defaults, a renewed recession in Spain, ....

  Asian Economic News

S. Korea Q1 Household Income Rises At Biggest Rate In Nearly 2 Years
South Korean households' disposable income increased in the first quarter at the fastest pace in nearly two years, Statistics ....

China's Home Prices Drop In April
House prices in China continued its downward trend in April, with 46 out of 70 cities surveyed by the government declining ....

Japan Govt. Upgrades Economic View
Japan's government on Friday raised its economic assessment for the first time in nine months. "The Japanese economy is ....

Exclusive Interviews
Doug Roberts Of Channel Capital Research.com: If Facebook Is Successful It “Could Take The Entire Market Up”
PERSONAL FINANCE: You Can Make 7 Figures In Any Economy
Phil Flynn Of PFG Best: “Gas Prices Falling, Time To Celebrate”
more audio reports
  Currency Alerts

Euro Recovers Against Dollar And Yen

Dollar Eases Slightly From Early Highs Against European Majors

Pound Strengthens From Fresh 2-month Low Against Dollar

Dollar And Yen Extends Rally On Increasing Risk Aversion

Indian Rupee Slumps To New All-time Low Against Dollar

More

Slide Show
After Florida Setback, Defiant Gingrich Vows Fight To the Bitter End After Florida Setback, Defiant Gingrich Vows Fight To the Bitter End  Following a final, grueling push to secure every possible vote, former Speaker of the House Newt Gingrich was easily beaten by rival Mitt Romney in Florida's GOP primary. However, the tenacious conservative leader vowed to return to the Sunshine State in August as the nominee for the Republican National Convention.

  U.S. Market Commentary
Stocks Close Firmly Negative, Extending Downward Move - U.S. Commentary
After showing a lack of direction in morning trading on Friday, stocks showed another notable move to the downside over the ....
Stocks Moderately Lower In Mid-Afternoon Trading - U.S. Commentary
With traders reluctant to go bargain hunting going into the weekend, stocks have turned in a lackluster performance during ....
Stocks Extending Recent Downward Move In Mid-Day Trading - U.S. Commentary
Stocks have moved mostly lower over the course of the trading day on Friday, extending the downward move seen in recent ....

Top Stories
eurusd2-051812.jpg Dollar Has Weakened Slightly Heading Into The Weekend
The dollar has pulled back slightly versus its major rivals on Friday. There has been very little economic data released today, so the focus has remained on Thursday's weaker than expected U.S. reports. Investors have also continued to watch the situations in Greece and Spain with great concern, after two of the major ratings agencies have chimed ....
european-051812.jpg European Economics Preview: German Producer Price Data Due
Producer prices from Germany is the only major statistical report due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Federal Statistical Office is scheduled to release German producer prices for April. Producer price inflation is expected to slow to 2.5 percent annually in April from 3.3 percent in March. ....
  European Economic News

IMF: Czech Economy To Stagnate In 2012, Grow 2.1% Next Year
Economic activity in the Czech Republic is likely to remain flat this year after the post-crisis recovery stalled in the ....

BoE's Posen Says Withdrawal From Seeking More QE Premature: Report
Bank of England policymaker Adam Posen said that he may have been premature in withdrawing his call for more quantitative ....

Northern Rock Rescue To Cost U.K. Taxpayer GBP 2 Bln: NAO
U.K. taxpayers could lose about GBP 2 billion by the time the assets of the collapsed bank Northern Rock are fully wound ....

  U.S. Treasury Market Updates
Treasuries Close Flat After Seeing Early Weakness
Treasuries Show Strong Gains On Disappointing Economic Data

   Asian Market Commentary

Euro Contagion Fears Spark Sell-off Across Asia
Asian shares tumbled on Friday, as fears of contagion from Greece's political turmoil and deepening worries ....

Indian Shares Tumble On Global Risk Aversion
Indian shares fell sharply on Friday, tracking a sell-off across other Asian markets, after a U.S. report ....

Asian Markets Trade Sharply Lower On Global Economic Worries
Asian markets are seeing a sell-off on Friday following a weak lead from Wall Street where stocks fell ....

Economic Calendar

DateTime Economic Indicator PeriodActualForecastPreviousCountry 
5/20/1219:01 Rightmove House Prices (M-o-M)MAY  -2.5 % 2.9 %UK  
5/20/1219:01 Rightmove House Prices (Y-o-Y)MAY   3.4 %UK  
5/20/1222:00 Credit Card Spending (Y-o-Y)APR   5.2 %New Zealand  
5/20/1223:30 GDP (Q-o-Q)Q1  8.6 % -10.7 %Thailand  
5/20/1223:30 GDP (Y-o-Y)Q1  -3.1 % -9.0 %Thailand  
5/21/1200:00 Wholesale Sales (Q-o-Q)Q1    -4.0 %Singapore  
5/21/1200:00 Wholesale Sales (Y-o-Y)Q1   -5.3 %Singapore  
5/21/1200:00 Current Account Balance - BoPQ1  $ 1.84 BThailand  
5/21/1200:00 Unemployment RateMAR   3.2 %Malaysia  
5/21/1200:30 All Industry Activity Index (M-o-M)MAR  -0.1 % -0.1 %Japan  
5/21/1201:00 PPI (M-o-M)APR   0.2 %Estonia  
5/21/1201:00 PPI (Y-o-Y)APR   3.2 %Estonia  
5/21/1201:00 Coincidence IndexMAR F   95.0 Japan  
5/21/1201:00 Lagging IndexMAR F   86.3 Japan  
5/21/1201:00 Leading IndexMAR F   96.3 Japan  
5/21/1201:45 SECO Consumer ClimateAPR   -19 Switzerland  
5/21/1203:00 Official Foreign ReservesAPR  $ 321.73 BSwitzerland  
5/21/1203:00 M3 Money Supply (M-o-M)APR   -0.1 %Switzerland  
5/21/1203:00 M3 Money Supply (Y-o-Y)APR   6.6 %Switzerland  
5/21/1204:00 Industrial Production (M-o-M)APR   5.4 %Lithuania  
5/21/1204:00 Industrial Production (Y-o-Y)APR   5.8 %Lithuania  
5/21/1204:00 Manufacturing Production (M-o-M)APR   10.5 %Lithuania  
5/21/1204:00 Manufacturing Production (Y-o-Y)APR   7.9 %Lithuania  
5/21/1204:00 CB Coincidence IndexMAR   0.0 %France  
5/21/1204:00 CB Leading IndexMAR   0.6 %France  
5/21/1204:30 PPI (M-o-M)APR   0.4 %Slovenia  
5/21/1204:30 PPI (Y-o-Y)APR   0.7 %Slovenia  
5/21/1205:00 Current Account Balance - BoPMAR  € -5.14 BItaly  
5/21/1205:00 Capital Account Balance - BoPMAR  € 50 MItaly  
5/21/1205:00 Financial Account Balance - BoPMAR  € -9.14 BItaly  
5/21/1205:00 Construction Orders (M-o-M)MAR   -7.1 %Eurozone  
5/21/1205:00 Construction Orders (Y-o-Y)MAR   -12.9 %Eurozone  
5/21/1206:00 CBI Distributive Trades ReportMAY   6 UK  
5/21/1208:00 PPI (M-o-M)APR   0.1 %Poland  
5/21/1208:00 PPI (Y-o-Y)APR  4.3 % 4.5 %Poland  
5/21/1208:00 Industrial Production (M-o-M)APR   10.7 %Poland  
5/21/1208:00 Industrial Production (Y-o-Y)APR  2.7 % 0.7 %Poland  
5/21/1208:00 Manufacturing Production (M-o-M)APR   0.7 %Poland  
5/21/1208:00 Manufacturing Production (Y-o-Y)APR   1.0 %Poland  
5/21/1222:00 CB Coincidence IndexAPR   0.6 %China  
More   

 
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