USD/JPY Open 106.22 High 106.80 Low 104.88 Close 106.16 The US Dollar dropped significantly from yesterday against the Japanese Yen from Monday's top 106.80 to today's bottom 104.88, which are the first resistance and support levels respectively for the currency
Overall retail sales rose 0.1 percent in June, reflecting another drop in motor vehicle sales and another huge increase in sales at gasoline stations. Excluding gasoline sales, retail sales fell 0.5 percent in June and are now down 1.6 percent
The Producer Price Index (PPI) rose 1.8 percent in June and is now up 9.2 percent year over year. Core PPI, which excludes food and energy prices, rose 0.2 percent. Prices for intermediate goods rose 2.1 percent. We expect the
UK inflation in June rose more than forecasters had expected. The May reading of 3.3% y/y was already uncomfortably high and market consensus was for a further rise to 3.6% y/y. We acknowledged that price pressures were evident, but anticipated
Business inventories were up 0.3 percent in May, slightly less than the 0.5 percent expected. Gains in wholesale and factory inventories were offset by a draw-down in inventories at the retail level. Smaller retail inventories were not completely unexpected given
Overnight rate unchanged at 3.0% Bank retains neutral stance The Bank of Canada met market expectations today, keeping the target for the overnight rate steady at 3.0%. This is the second meeting that the Bank has stayed on the sidelines
The buck was broadly sold in the London session as concerns over further credit market turmoil overshadowed weak data out of the Eurozone. US stocks look poised for a very poor opening with the Dow futures at -140 pts and
USD-CHF @ 1.0046/51.... 1.0100 broken R: 1.0090 / 1.0130 / 1.0170 / 1.0220 S: 1.0020-00 / 0.9960 / 0.9920 The pair has broken an important Support in the form of 1.010 and could now target parity over the coming week.
Cloudmark's Global Threat Network™ technology enables rapid identification of new messaging threats LONDON--July 14, 2008--Cloudmark, Inc., the global leader in carrier-grade messaging security, today announced that it has been awarded US Patent 7,373,385, for Cloudmark's Global Threat Network™...
The Intranet Benchmarking Forum (IBF at www.ibforum.com), an exclusive, confidential intranet and portal benchmarking group of leading European, US and global organisations, has announced that EADS, SAP, RSA (formerly Royal & Sun Alliance) and the UK's DSA (Driving Standards Agency)
Stephen Taylor, former MD of Yahoo! Search, to advise Efficient Frontier -Search Engine Marketing firm Efficient Frontier today announces the appointment of Stephen Taylor, former Regional Vice President of Yahoo! Europe and Managing Director of Yahoo! Search for Europe and
The Dow dropped well below the 11,000 mark as Fed Chairman Bernanke warned that the economy faces numerous difficulties. Bernanke told Congress the U.S. economy is faced with "numerous difficulties," such as strains in financial markets, a shaky job market
Concern over Fannie Mae and Freddie Mac combined with rising oil prices has helped push the Dow below the 11,000 mark for the first time in over two years. Shares of Fannie Mae and Freddie Mac have plunged nearly 50%
AOL on Tuesday launched new sites on personal finance and photography as part of its bid to grow advertising opportunities by serving niche audiences. The new WalletPop expands on an existing site of the same name by adding alerts on
Microsoft's Xbox 360 video game console will be able to stream thousands of movies over the Internet, thanks to a deal announced Monday with Netflix that highlights the way gaming devices are expanding into all-purpose home-entertainment hubs. The arrangement will
Near-Time is making collaboration easier, one wiki and widget at a time. The company recently teamed up with the Institute for Open Economic Networks to develop workforce partnerships through the creation of the Open Source Workforce Development initiative. The new
Things are looking rocky for Yahoo after the latest round in its back-and-forth battle with Microsoft. The war of words took an ugly turn when Yahoo announced over the weekend that it had received and rejected a new Microsoft offer
Resembling Beanie Babies from several years ago, Webkinz are the latest and greatest thing. Both have had a huge following of children and adults alike. Believe it or not, Webkinz stuffed animals are one of the hottest things selling in
All across the country children are trying to get their hands on Webkinz pets. For any of you who don't know, a Webkinz is a plush pet that allows children to access an online and interactive environment that is safe.
