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Forex news - recent top stories



15:03,  12 July 2007
US May trade deficit up 2.3 pct to 60.0 bln usd as expected 
WASHINGTON (Thomson Financial) - The US trade deficit rose 2.3 pct in May to 60.0 bln usd as Americans imported more and more expensive oil and other commodities.Economists were looking for a 60.0 bln usd deficit, expecting imports to recover from their April slide.

12:49,  12 July 2007
Forex - Euro at all-time high against dollar following strong GDP data 
LONDON (Thomson Financial) - The euro continued to post fresh all-time highs against the dollar, supported by an unexpected upward revision to first quarter GDP growth and robust industrial production figures.

09:45,  12 July 2007
Forex - Euro at fresh all-time high against dollar after hawkish ECB bulletin 
LONDON (Thomson Financial) - The euro climbed to a fresh all-time high against the dollar after a hawkish European Central Bank monthly bulletin, amid ongoing concern about the US sub-prime mortgage market.


See also:       

• Russia 
• ex USSR 

• Eastern Europe 

• Government 
• General news 

08:21, Friday, 06 July 2007

Russia warns against Georgia, Ukraine joining NATO


MOSCOW (Thomson Financial) - Russia warned on Friday that the entry of Georgia and Ukraine into NATO could affect its ties with the alliance and would do nothing to bolster trust in Europe, Interfax news agency reported.

"Georgia's and Ukraine's joining of the alliance cannot fail to influence our relations with those countries, and with NATO as a whole," Interfax reported Deputy Foreign Minister Andrei Denisov as saying.

"It is entirely obvious that it will not help strengthen the atmosphere of trust and mutual understanding in Europe, to put it mildly," he was reported as saying.

Moscow sees no "rational arguments that this expansion will aid the security interests of these states," Denisov said.

Russia has strenuously objected to the NATO membership goals of Georgian President Mikheil Saakashvili and of his Ukrainian counterpart Viktor Yushchenko, as part of their move towards the West.

Both countries face serious obstacles to joining, including public opposition in Ukraine and two separatist conflicts in Georgia.

tf.TFN-Europe_newsdesk@thomson.com

jlc


 

Forex news - 06 July 2007
09:45 UK May manufacturing output at highest level since August 2001
09:45 Value of Austrian foreign direct investments passes 55 bln eur
09:27 India's WPI for week to June 23 rises to 4.13 pct from 4.03 wk earlier
08:33 Japanese companies based in Osaka worried about yen suddenly strengthening
08:21 Russia warns against Georgia, Ukraine joining NATO
08:37 French May trade deficit 3.015 bln eur vs revised 2.493 bln def in April UPDATE
08:16 Japanese government bonds close lower, tracking slides in European, US bonds
07:54 Philippine forex reserves jump to 26.4 bln usd in June, near end-2007 forecast
07:38 Poll: Majorities say income gap too wide
07:38 Colombia's VP warns US to ratify deal
07:27 Japan's regional economies on modest recovery path, BoJ survey says
07:05 French, Algerian govts still discussing GDF/Sonatrach deal - report
07:00 French govt welcomes 'openness' of Brussels on lower VAT for restaurant trade
06:04 Yellen says Fed policy will create 'slack' needed to cut inflation pressures
04:42 Forex - US dollar steady in middle of Asian session ahead of US payrolls data



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