Financial Frame

Financial Advisor News

Forex: GBP/USD drops to 1.5030 session low at European openingFriday, March 12, 2010 @ 1:53AMFXstreet.com (Barcelona) - Pound's recovery from Mar 10 low at 1.4870 has extended higher on Asian session, and the pair reached 1.5085 high, and the Sterling, after a brief consolidation, is pulling back at European opening, dropping to 1.5025 session low.

THAI to raise capital by Bt10 bnFriday, March 12, 2010 @ 1:48AMThai Airways International's board of directors today approved the company's planned capital increase, whereby 1 billion new shares at Bt10 par value will be issued to raise the registered capital by Bt10 billion.

Forex: EUR/USD back to test 1.3705 week highFriday, March 12, 2010 @ 1:38AMFXstreet.com (Barcelona) - Euro recovery from week lows at 1.3535/45 on Mar 9 and 10, has extended higher during Asian session as the pair broke past 1.3680 to test 1.3705 -Monday's high- at European session opening, which, so far remains intact.

German wholesale price index grows less than expectedFriday, March 12, 2010 @ 1:23AMFXstreet.com (Barcelona) - Germany's wholesale price index grew by just 0.1% in February versus forecasts of a 0.6% increase compared to January's 1.3% growth.

Asian markets mixed ahead of US data; Euro and Pound advanceFriday, March 12, 2010 @ 1:23AMFXstreet.com (Barcelona) - Asian markets have been going through a directionless session, with markets mixed at low levels and investors awaiting for US retail sales data to draw conclusions about the strength of economic recovery. Euro and Pound have stretched higher.

Jan-Feb loans hit 28% of yearly targetFriday, March 12, 2010 @ 1:18AMThe new yuan-denominated loans extended by China's banks in the first two months of 2010 hit 2.09 trillion yuan ($306.17 billion), accounting for 28 percent of the nation's lending target of 7.5 trillion yuan set for this year.

Dearborn student government pushes 'U' to divest funds from IsraelFriday, March 12, 2010 @ 1:12AMVice President Joe Biden and special envoy to the Middle East George Mitchell visited Israel earlier this week to hold an open discussion on Israeli-Palestinian relations. Though these peace talks are often brokered on an international stage, political action regarding the dispute in the Middle East has recently entered a local forum. read more

Germany Wholesale Price Index rise 0.1% MoM and 2.1% YoY in FebFriday, March 12, 2010 @ 1:08AM© 2010 “FXstreet.com. The Forex Market” All Rights Reserved. Every effort is made to provide accurate and complete information. However, with the thousands of documents available, often uploaded within short deadlines, we cannot guarantee that there will be no errors.

Dubai home finance set to return this yearFriday, March 12, 2010 @ 12:45AM10 March 2010 There is good news for the Dubai property market, as lenders are set to come back with increased budgets this year over 2009. Utpal Bhattacharya finds out more.