Friday, April 28, 2006

Dollar Extends Gloom as Market Shrugs US Growth
Forex

Dollar Extends as Market Shrugs US Growth
Forex

Weekly Outlook: CPI Data Could Garner SNB Rate Hikes Sooner Rather Than Later
Daily FX (Fri 5:49pm)

Weekly Outlook: Kiwi Needs Help From Commodities To Maintain Recent Strength
Daily FX (Fri 5:52pm)

Lay's Aggression on Stand May Hurt Him
AP (Fri 6:53pm)

Spending surge puts US growth on fast track
The US economy grew at a blistering annualised rate of 4.8 per cent in the first quarter, its fastest in more than two years, as it bounced back from its post-hurricane weakness with a renewed surge of consumer spending.
Financial Times

Lay's Aggressive Testimony May Hurt Him
AP (Fri 4:59pm)

As Profits Soar, Oil Industry Unapologetic
AP (Fri 5:12pm)

Stocks End Lower on Microsoft, Oil Prices
AP (Fri 5:28pm)

Dollar slides despite buoyant data
The US dollar suffered a second week of sharp losses, despite the release of a tranche of broadly upbeat data releases, adding weight to the view that regime change is afoot in the currency market.
Financial Times

Dollar Falls to 11-Month Low Versus Euro as Interest-Rate Gap May Shrink
April 28 (Bloomberg) -- The dollar reached the weakest since May 2005 versus the euro and approached its lowest this year against the yen on anticipation interest rates will rise faster in Europe and Japan than the U.S. The dollar has slumped as Federal R
Bloomberg

Customer-Hungry Banks Offering Rewards
AP (Fri 12:40pm)

NY gold scales new 25-year high, silver shines
Reuters (Fri 12:59pm)

Chevron Latest Oil Co. With Colossal Earns
AP (Fri 1:14pm)

Global Economic Calendar For Week Of 4/30/2006 - 5/05/2006
Daily FX (Fri 1:15pm)

Stocks Mixed, Market Mulls Microsoft Earns
AP (Fri 1:33pm)

Eurozone inflationary pressures rise
The odds on the European Central Bank hiking the cost of borrowing in June shortened considerably after a slew of data suggested inflationary pressures were building in the eurozone.
Financial Times

US economy grows 4.8% in first quarter
The US economy grew at a 4.8 per cent annualised rate at the start of the year, spurred by a swift rebound in consumer spending.
Financial Times

Dollar continues slide after Bernanke testimony
The dollar slipped to a fresh seven-month low against the euro as traders continued to digest Federal Reserve chairman Ben Bernanke’s testimony to US Congress.
Financial Times

Euro Continues Upward March Against Dollar
AP (Fri 8:02am)

CEO of Co. That Owns Kazaa in Sydney Court
AP (Fri 9:09am)

GDP growth strongest in 2-1/2 years
Reuters (Fri 9:22am)

Stocks Down Following Microsoft Outlook
AP (Fri 9:32am)

USD Prepares For GDP
Forex

Bernanke hint on US rate pause dents dollar
The dollar fell to seven-month lows against the euro after Ben Bernanke, chairman of the Federal Reserve, prepared the markets for a halt in the US rate-tightening cycle that began in June 2004.
Financial Times

Dollar Heads for Biggest Monthly Drop in 18 Months on Shrinking Rate Gap
April 28 (Bloomberg) -- The dollar is poised for its biggest monthly drop in at least 18 months against the euro and yen on speculation interest rates will rise faster in Europe and Japan than the U.S. The dollar has slumped as Federal Reserve policy make
Bloomberg

Yen Stable With New Data
Daily FX (Fri 4:07am)

Japanese Stocks Fall 1.22 Percent
AP (Fri 5:03am)