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“In making those comments I was neither trying to assess the nominal exchange rate (of the yen) nor forecast its future movement,” Kuroda said today during a session of the upper house financial affairs committee in an attempt to clarify controversial remarks he had made last week about the local...
Tomas Jordan, President of the Swiss National Bank, has little room for maneuver now that Switzerland's economy is on the verge of its first recession in more that six years...
Commodity consultant for INTL FCStone advises investors to watch the Greek bailout talks from the sidelines as he remains neutral on the gold market. Meanwhile, Commerzbank's commodity strategists consider that the Greek crisis will hardly boost gold as a safe asset...
On Monday U.S. stock futures added to losses after soft manufacturing data. They were already pressured by losses in European equities which plunged on Greek worries...
"Qualified foreign investors (QFIs) could commence dealing in listed shares," Saudi Arabia's stock exchange said in a statement. However, in analysts' view, tough regulations may decrease investors' enthusiasm...
Ratings agency Standard & Poor's downgraded Britain's economic prospects as it estimated the country's potential exit from the 28-member bloc...
This week the market sentiment is dominated by the Greek woes as well as the looming FOMC meeting. The British currency was therefore lower on Monday, as the safe-haven demand for the greenback was boosted...
On Monday gold prices edged higher as uncertainties over the Greek crisis lent support to the metal. Investors were looking ahead to the FOMC meeting due on Wednesday...
Below are listed the events which are likely to influence market sentiment in the period from June 15 to June 19...