NetEase, May 17, News The Federal Reserve on Wednesday announced April 24 to 25-day monetary policy meeting minutes of the meeting. The minutes showed Fed officials cautious about the recent economic developments, several Fed directors at this meeting said that if the economic recovery process killed the power, will need to take a more lenient [...]
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Fed Minutes: Several directors said that the need to take a more lenient measures
Posted by admin on May 16th, 2012
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Little novelty of the Fed meeting minutes reflect flat dollar index
Posted by admin on May 16th, 2012
Wednesday (May 16) the hours of midday in New York, the dollar index modestly higher, the dollar traded at 81.40 near. The Fed previously announced April meeting minutes show that economic growth is losing momentum or the downside risks to a significant increase in the Fed will need to introduce more monetary stimulus, the Committee [...]
International oil prices closed Wednesday down 1.2 percent to $ 92.81 a barrel
Posted by admin on May 16th, 2012
NetEase, May 17 market in Greece and the country might withdraw from the worries of the euro area continued in commodity markets under heavy selling pressure, light sweet crude for Wednesday barrel 93 below the dollar hit the lowest closing price since November last year. New York Mercantile Exchange, light sweet crude for June delivery [...]
EU finance ministers to enhance the bank’s capital adequacy ratio to reach agreement
Posted by admin on May 16th, 2012
in order to prevent the financial crisis, a repeat of the 15th meeting of EU finance ministers meeting agreed that the EU bank’s core tier one capital adequacy ratio gradually increased to 7%. This decision laid the foundation for the New Basel Capital Accord to become EU law. However, the decision still needs approval by [...]
Euro in the past four month low
Posted by admin on May 16th, 2012
Wednesday, because the major political parties of the Greek cabinet failure and market exit to Greece in the euro area concerns increase, the euro and other risk-sensitive currencies remain under pressure. Asian trading session, the euro against the U.S. dollar fell below 1.27 integer, and once again hit a four-month low, latest reach 1.2714′s position, [...]
