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Hedgehogs.net's connections' blogs

Aussie Retail Sales & Building Approvals

May 5, 2011 by SteveT   Comments (0)

Retail Sales fell in the 1st quarter of 2011 with rising rates and inflation, more than estimated by the survey. Building Approval numbers however jumped in March, as the supply has not become a concern for this indicator here in the short-term. As a result we have seen the AUD fall, however the Euro has gained a bid across the board in what is a relatively thin market on a Japanese holiday (Golden Week,) based on views that the ECB will signal higher rates.

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Silver Leads Precious Metals Sell-Off

May 5, 2011 by SteveT   Comments (0)

The iShares Silver Trust (SLV) is down 20% in 4 trading sessions. Let’s notice that the SLV has given back ALL of its near-vertical upside blow-off type action (.00-.35) after the price structure hurdled the top of its 10-month bullish channel.

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Forex – GBP/JPY, GBP/USD Flows: NIESR: UK House Prices May Drop as Much as 20%; BoE pause

May 5, 2011 by SteveT   Comments (0)

Published at 01:21 (GMT) 05 Mar Cable vulnerable to more downside on housing concerns, given yest fall in Nationwide house price and NIESR concerns below. Also possibility that BoE Martin Weale may not vote for rate hike (7-2), and new BoE Ben Broadbent may vote for pause in June, after replacing Andrew Sentance (8-1, 9-0). NIESR: U.K. house prices adjusted for inflation may drop as much as 20% in the next 5 years as the BoE raises interest rates and regulators toughen lending rules. NIESR

FXstreet.com: Technical: Technical Market View

Forex – GBP/JPY, GBP/USD Flows: NIESR: UK House Prices May Drop as Much as 20%; BoE pause is a post from: The Forex Trading System Blog

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ACE Ltd. Q1 net income 76c vs $2.22

May 5, 2011 by SteveT   Comments (0)

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

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Australian dollar dips on weak retail data

May 5, 2011 by SteveT   Comments (0)

SYDNEY, May 5 (Reuters) – The Australian dollar lost about half a U.S. cent on Thursday after retail sales inMarch unexpectedly fell, handily missing forecasts for a 0.5percent rise and reducing the chances …

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Expeditors Q1 revenue $1.46 bln vs $1.2 bln

May 5, 2011 by SteveT   Comments (0)

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

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