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Daily Market Report
for 31/05/2015
Ruble, oil rebound boosts Russia-focused hedge funds
30 May 2015 08:03 MarketWatch
The Russia/Eastern Europe index sank 25.9% last year, making it the worst area for hedge fund performance. The ruble and the Russian stock indexes, which often serve as barometers of investor confidence in the country, both made a strong comeback.  more...
Canadian Dollar Set To Dip Below The 0.80 Mark
30 May 2015 10:11 Seeking Alpha
Last week, I argued that the Canadian Dollar would be set to go lower given high levels of private debt leading to a reduction in consumer spending coupled with a prospective interest rate cut.  more...
US dollar rises to NT$30.871 on Taipei forex
30 May 2015 03:56 China Post
The U.S. dollar opened higher against the New Taiwan dollar on follow-through buying from a session earlier, but soon fell to negative territory as traders here were encouraged by the gains posted by several regional currencies, including the Japanese ...  more...
Japanese Yen Stumbles, but is a USDJPY Rally Above ¥124 Justified?
30 May 2015 10:41 DailyFX
The Japanese Yen finally broke out of its long-standing range versus the US Dollar and fell to decade-plus lows. Momentum clearly favors further US Dollar gains and Yen losses, but key US event risk and a planned speech from the Bank of Japan offer the ...  more...
Pound Sterling to Euro (GBP/EUR) Exchange Rate Forecast: Will Post-Election ...
30 May 2015 18:00 Euro Exchange Rate News
Over the course of the coming week there will be several data publications of significance pertaining to both Europe and the UK. The pairing is likely to see heightened volatility, especially with ongoing developments in Greece and uncertainties ...  more...
Asian currencies slip on fears of US Fed rate hike
30 May 2015 03:56 Taipei Times
The yen has tumbled 18 percent against the greenback in the past 12 months as Japan pressed ahead with record monetary stimulus, while the won lost 7.9 percent and the New Taiwan dollar fell 2.2 percent. The Korea International Trade Association called ...  more...
Public servants get 2000 euro rise
30 May 2015 05:26 Irish Independent
The final tranche of wage hikes will see workers in the lowest bracket up to 30,000 get an additional 600 euro and those in the mid-range get 595 euro and those on the highest salaries get no additional rises. The Impact trade union, one of the biggest ...  more...
Pound Sterling to Euro (GBP/EUR), Australian Dollar (GBP/AUD) Exchange Rate ...
30 May 2015 18:56 Euro Exchange Rate News
australian-coins-1 The Pound Sterling to Euro (GBP/EUR) and Pound Sterling to Australian Dollar (GBP/AUD) exchange rates are both in for an interesting week ahead with the Bank of England (BoE), European Central Bank (ECB) and Reserve Bank of ...  more...
A village flowing with milk
30 May 2015 22:18 Prothom Alo (English)
Shantona recalls, a year later she sold the rice she had saved up by the fistful and got 3800 taka. She used that to buy 20 ducks and chickens as well as four goats.  more...
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