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FinData
Daily Market Report
for 22/10/2017
Dollar rises vs safe havens after US Senate clears way for tax reform
21 Oct 2017 08:41 Reuters
The dollar hit a three-month high against the Japanese yen JPY=, to 113.56 yen, and a five-month high against the Swiss franc CHF=, touching 0.9858 franc. Traders seek the yen and Swiss franc in times of uncertainty and fear, and sell the currencies ...  more...
Has the Canadian dollar topped out?
21 Oct 2017 08:18 MarketWatch
The Canadian dollar is one of the better performers among major currencies this year, with speculative bets on a continued rise recently hitting a five-year high.  more...
Merkel Makes Euro Policy a Priority
21 Oct 2017 11:08 Bloomberg
Merkel, 63, is hemmed in by the need to accommodate a wide range of views among the three smaller parties that she'll need to shape into a pact on cabinet posts and policy, including a tough line on euro-area bailouts and deficits by the Free Democrats.  more...
FOREX-Dollar rises vs safe havens after US Senate clears way for tax reform
21 Oct 2017 08:41 Nasdaq
The dollar hit a three-month high against the Japanese yen JPY= , to 113.56 yen, and a five-month high against the Swiss franc CHF= , touching 0.9858 franc. Traders seek the yen and Swiss franc in times of uncertainty and fear, and sell the currencies ...  more...
Australian Dollar Faces Bare Data Landscape, CPI Stands Alone
21 Oct 2017 15:15 DailyFX
It doesn't want to add to the Australian Dollar's already considerable international allure by proffering interest rate rises, but the Australian economy is doing at least reasonably well and so it cannot reasonably deny that if rates do move, that ...  more...
Ericsson: Stock Run Is Speculative Knee-Jerk Reaction
21 Oct 2017 07:11 Seeking Alpha
This morning, Swedish network solutions provider Ericsson (ERIC) delivered results that seem to have pleased the Street. The stock was up nearly 10% by mid day, trading now a good bit above the 52-week lows of only two weeks ago.  more...
Real Madrid news: Los Blancos reach agreement to sign Brazilian Alan - report
21 Oct 2017 05:24 Express.co.uk
The Palmeiras is currently impressing for Brazil's Under-17 side at the World Cup in India but away from the pitch the wheels are in motion for his transfer to the Bernabeu.  more...
South African rand falls after speculation Zuma considering sacking Ramaphosa
21 Oct 2017 06:26 Financial Times
The South African rand tumbled on Friday after speculation that President Jacob Zuma was considering sacking Cyril Ramaphosa, his deputy, as a bitter battle rages in the African National Congress ahead of a key party conference.  more...
Thai energy major delays project in sign Big Oil remains wary of oilsands
21 Oct 2017 06:39 Financial Post
Shares in the Bangkok-based production company dipped 5 per cent to 86.25 Thai baht each following the decision, which the company said was due to low oil prices.  more...
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