Sydney Morning Herald
WORLD FOREX: Dollar Finds Safe Haven Bids Amid Growing Caution
Wall Street Journal
By Siva Sithraputhran Of DOW JONES NEWSWIRES LONDON (Dow Jones)–The dollar is higher Tuesday, recovering somewhat from its recent drubbing as the death of Osama bin Laden puts authorities across the world on heightened alert for possible reprisals …
Forex – US Session News – Dollar weakens to three year low against most majors
London Session: Osama bin Laden news has temporary effect on markets
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Brent crude oil dipped below 4 a barrel on Tuesday as the dollar rose from a three-year low and traders weighed the impact on the market of al Qaeda leader Osama bin Laden’s death.read more...
Markets are mixed so far this week as a near term consolidation phase continues. Dollar was mildly higher as precious metal spiked lower overnight on news of increasing margin requirement in silver futures. Also, risk appetite stalled as DOW ended yesterday marginally lower. Nevertheless, again, recovery in the greenback isread more...
Qian Wang, Lei Zhang, 28 April 2011read more...
All the major economic reports for March are in and it’s clear that the setback in February was reversed, and then some.
Our equally weighted index of 18 U.S. economic indicators rose 1.1% in March, more than reversing February’s 0.8% drop. That pushes our composite indicator of U.S. economic activity to a new post-recession high, as the chart below shows.
moneyscience: MoneyScience Daily is out! http:/
NEW YORK (MarketWatch) — Northrop Grumman Corp. said Tuesday it repurchased 15.6 million shares from Goldman Sachs Co. during the previous trading session for billion, or .17 each, reducing its share count by about 5%. The remaining balance on the military contractor’s share repurchase program is about billion, the company said. Big military contractors have said that they would focus on raising shareholder value through stock buybacks, dividend hikes and asset sales or spinoffs as government spending on big weapon systems decelerates after years of rapid growth. Shares of Northrop rose nearly 1% Monday to close at .17. Shares were indicated slightly higher on Tuesday.read more...
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U.S. stock futures traded lower after some disappointment over Pfizer’s results and some weakness in overseas markets.read more...