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RBA Back Maintain Interest Rates 4.75 Percent 5 Jul 2011 | 06:34 pm

Central Bank of Australia (RBA) today (3 / 5) decided to maintain interest rates at 4.75 percent level. Thus, the RBA has a record six consecutive months to maintain interest rates at that level. The...

Japan's Service Sector Activity Still Weak in June 5 Jul 2011 | 06:31 pm

For the fifth consecutive month, the Japanese private sector activity declined again in June. Japan's service sector activity index Markit Economics, released today (5 / 7) rose to 45.4 from 43.8 in M...

China's Private Sector Growth Slows in June 5 Jul 2011 | 06:28 pm

China's private sector growth slowed in June, as shown by survey results from Markit Economics, HSBC published today (5 / 7). HSBC composite output index in June fell from 52.8 in May to 51.6 for June...

Market Highlights July 5, 2011: Standard & Poor's Rating Cut Threatens Greek, Euro corrected 5 Jul 2011 | 06:23 pm

The euro slid in trading Monday (4/7) triggered by Standard & Poor's statement on Greece's debt. Standard & Poor's yesterday said that if Greece accepted the French proposal to voluntarily change the ...

Euro Strengthens Related Speculation ECB's monetary tightening 5 Jul 2011 | 06:21 pm

The euro rose 0.3% related to three weeks against the dollar on speculation European Central Bank (ECB) will continue to lead the U.S. counterpart to monetary tightening. The euro was 0.2% of the hig...

Euro Falls From Highest Level After 1 Month S & P Comments About Greece 5 Jul 2011 | 06:19 pm

The euro slipped from the level of one-month highs against the dollar after Standard & Poor's said that Greece's debt rollover plan is being considered to put the Greeks to the selective default, alth...

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