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Moneylet.com where you decide financial news!
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China to allow renminbi trade payments
chad 43 minutes ago (via traxfer.ft.com)
Beijing moves towards reducing reliance on the US dollar with new rules that will enable importers and exporters to settle their payments to select Chinese companies in renminbi
0 Comments - More Info - Bury Topic: Economics
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Stocks slump on jobs data
gregory 44 minutes ago (via fxstreet.com)
Equities suffered from low volume and poor economic news on the last trading session before the 4th of July celebration. Rumors of a possible North Korean attack on Hawaii, although not necessarily credible, also worked against the markets. Our prediction that traders would disappear shortly after the release of non-farm payroll numbers seemed to be relatively accurate. Volume was at a bare minimu
0 Comments - More Info - Bury Topic: Forex
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Saudi SEC Plans $28B For More Power In 3 Years
chad 44 minutes ago (via rss.feedsportal.com)
Saudi Electricity Company (SEC) plans to spend $28 billion (SR105 billion) in the next three years to meet rising demand in the Arab world's largest economy.
0 Comments - More Info - Bury Topic: Middle East
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U.S. Forex Market Commentary
gregory 44 minutes ago (via fxstreet.com)
EURO The euro moved sharply lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.3990 level and was capped around the $1.4155 level. The common currency gaved back most of yesterday’s gains ahead of the long holiday weekend in the U.S. As expected, the European Central Bank kept monetary policy unchanged and ECB President Trichet reported interes
0 Comments - More Info - Bury Topic: Forex
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NZDUSD ST Channel Break and RSI Signal
gregory 44 minutes ago (via dailyfx.com)
The NZDUSD has broken below a short term channel. This is a good sign for breakout traders but a break of .6150 is required in order to break the month...
0 Comments - More Info - Bury Topic: Forex
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EADS Wins Saudi Border Security Deal
chad 45 minutes ago (via rss.feedsportal.com)
European aerospace and defence contractor EADS has signed a long-awaited contract with Saudi Arabia to build a high-tech border security fence, sources close to the company said on Wednesday.
0 Comments - More Info - Bury Topic: Middle East
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Kuwait MPs Pass Budget With $13.8 Billion Deficit
chad 46 minutes ago (via rss.feedsportal.com)
Kuwait's parliament approved the 2009/2010 state budget which projects a sharp drop in revenues and spending due to lower oil prices and a four-billion-dinar (13.8-billion-dollar) deficit.
0 Comments - More Info - Bury Topic: Middle East
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June Labor Market Report – Details Less Bearish than Headlines
robert 46 minutes ago (via fxstreet.com)
June Labor Market Report – Details Less Bearish than Headlines Civilian Unemployment Rate: 9.5% in June vs. 9.4% in May, cycle low is 4.4% in March 2007. Payroll Employment: -467,000 in June vs. -322,000 in May, net upward revision of 8,000 new jobs after revisions of payroll estimates for April and May. Hourly earnings: $18.53, unchanged, 2.7% yoy change vs. 3.0% yoy change in May, cycle high i
0 Comments - More Info - Bury Topic: Forex
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Salary Norm For Family Visas To Be Revised In UAE
chad 46 minutes ago (via rss.feedsportal.com)
Expatriate residents who want to bring their families into the country should now earn a minimum monthly salary of Dh10,000 and provide their family with independent accommodation, a senior official has said.
0 Comments - More Info - Bury Topic: Middle East
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Dubai Office Leasing Mkt Favours Tenants In Past 6 Mos
chad 46 minutes ago (via rss.feedsportal.com)
The office leasing market has shifted in the tenants' favour over the past six months, a meeting organised by the Dubai Chamber of Commerce and Industry was told.
0 Comments - More Info - Bury Topic: Middle East