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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:       

• United Kingdom 

• Eurozone & UK 

• Government 
• General news 

12:08, Monday, 09 July 2007

Brown sees 'no reason' for UK referendum on EU treaty if 'red lines' respected


LONDON (Thomson Financial) - British Prime Minister Gordon Brown said he could see "no reason" for a referendum on the recently agreed EU treaty so long as Britain's so-called "red lines" were not crossed.

Speaking at a joint news conference with Portuguese Prime Minister Jose Socrates, who holds EU presidency until the end of the year, Brown said he wanted to see the red lines "in detail" in the final document.

Britain has said it will not cede national control in four key areas: foreign policy, the judicial and police system, tax and social security rules, and an EU charter of fundamental rights.

"What I want to ensure is that these red lines in detail are part of the new amending treaty and when it is discussed in the next few months that the principles that were agreed in Brussels are included in every single detail in the amending treaty that is finally agreed," Brown said.

"If that were the case, then I see no reason to recommend to the British people that there should be a referendum," he added.

TFN.newsdesk@thomson.com

fp/rfw


 

Forex news - 09 July 2007
12:38 UN atomic agency approves sending inspectors to North Korea - diplomats UPDATE
12:16 UK govt 2006/07 deficit confirmed at 2.7 pct of GDP
12:14 EU's Barroso to discuss French deficit with Sarkozy today - spokesman
12:13 Ahead of the Bell: Consumer Credit
12:08 Brown sees 'no reason' for UK referendum on EU treaty if 'red lines' respected
11:55 UBS raises copper, lead price forecasts for next two years
11:51 China Development Bank raises retail bond issue in Hong Kong to 2.5 bln yuan
11:41 Malaysia to conduct review on industrial gas subsidy - report
11:24 IEA warns oil market tightness will increase until 2012 UPDATE
11:15 German May industrial output up 1.9 pct from April; beats consensus
11:09 European govt bonds slightly lower ahead of Fed's Bernanke speech tomorrow
10:37 Metals - Copper rises on labour disputes, falling inventories
10:24 Austria's GDP growth seen above 3 pct in 2007, budget deficit near zero by 2009
10:14 Forex - Pound withstands temporary dip after PPI comes in below expectations
10:06 Japan's Mizuho Corporate Bank to raise long-term prime lending rate to 2.55 pct



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