Archive for December, 2013

CANADA FX DEBT-C$ firms but ends weakest year since 2008

December 31st, 2013

CANADA FX DEBT-C$ firms but ends weakest year since 2008
* Canadian dollar at C$1.0636 or 94.02 U.S. cents * Bond prices lower across the maturity curve By Leah Schnurr TORONTO, Dec 31 (Reuters) – The Canadian dollar rose slightly against the greenback on…


Source
Reuters: US Dollar Report

U.S. dollar share of IMF reserves slips in Q3-IMF

December 31st, 2013

U.S. dollar share of IMF reserves slips in Q3-IMF
NEW YORK, Dec 31 (Reuters) – U.S. dollar reserves held by global central banks fell slightly in the third quarter from the prior quarter, according to data from the International Monetary Fund…


Source
Reuters: US Dollar Report

GLOBAL MARKETS-World indexes finish vintage year, more gains seen in 2014

December 31st, 2013

GLOBAL MARKETS-World indexes finish vintage year, more gains seen in 2014
LONDON/NEW YORK, Dec 31 (Reuters) – U.S. stocks were set to close 2013 at record levels, with world equity markets close to six-year peaks on Tuesday, while benchmark bond yields were poised for…


Source
Reuters: US Dollar Report

FOREX-Euro to be 2013's top-performing major currency

December 31st, 2013

FOREX-Euro to be 2013's top-performing major currency
NEW YORK, Dec 31 (Reuters) – Although easing back on Tuesday, the euro remained on track to be the world’s best-performing major currency this year, while the dollar looked set for its biggest annual…


Source
Reuters: US Dollar Report

CANADA FX DEBT-C$ firms, but set for weakest year since 2008

December 31st, 2013

CANADA FX DEBT-C$ firms, but set for weakest year since 2008
* Canadian dollar at C$1.0627 or 94.10 U.S. cents * Bond prices lower across the maturity curve By Leah Schnurr TORONTO, Dec 31 (Reuters) – The Canadian dollar firmed against the greenback on…


Source
Reuters: US Dollar Report

Pricing politics will be long, painful for Turkey investors

December 31st, 2013

Pricing politics will be long, painful for Turkey investors
* Investors ignored political risk in stable high-growth years


Source
Reuters: US Dollar Report

Canadian dollar firms but ends weakest year since 2008

December 31st, 2013

Canadian dollar firms but ends weakest year since 2008

New Canadian five and 10 dollar bills, made of polymer, are displayed with the previously released 20, 50 and 100 dollar notes in OttawaBy Leah Schnurr TORONTO (Reuters) – The Canadian dollar rose slightly against the greenback on Tuesday, even as it was closing out its weakest year since 2008, with analysts expecting a dovish Bank of Canada will spell more pressure for the currency next year. Sentiment has turned bearish against the Canadian dollar in recent months as the Bank of Canada shifted to a more neutral stance, which has markets expecting interest rates will stay low for longer. The gradual unwinding of the U.S. Federal Reserve's economic stimulus is also expected to weigh on the Canadian currency next year. "The loonie has been pretty battered over the course of 2013," said Scott Smith, senior market analyst at Cambridge Mercantile Group in Calgary.

Source
Economy News Headlines – Yahoo! News

US consumer confidence rises on better job outlook

December 31st, 2013

US consumer confidence rises on better job outlook

In this Friday, Nov. 22, 2013 photo, shoppers walk past windows at a Joe Fresh clothing store in New York. U.S. consumer confidence jumped in December 2013 on a better outlook for hiring and growth, supporting other signs that show the economy could accelerate in 2014. (AP Photo/Mark Lennihan)WASHINGTON (AP) — U.S. consumer confidence jumped this month on a better outlook for hiring and overall growth, supporting other signs that show the economy could accelerate in 2014.

Source
Economy News Headlines – Yahoo! News

From Pandas To Health Care: The 13 Numbers Of 2013

December 31st, 2013

From Pandas To Health Care: The 13 Numbers Of 2013

NPR has been taking a look at the numbers that tell the story of 2013. These 13 reflect the highs and lows of the year, from deadly wildfires and the war in Syria, to football stadiums and same-sex marriage.

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Source
Economy

Apple says has never worked with NSA on iPhone backdoors

December 31st, 2013

Apple says has never worked with NSA on iPhone backdoors
SAN FRANCISCO, Dec 31 (Reuters) – Apple Inc
responded on Tuesday to reports that the National Security
Agency had developed a system to hack into and monitor iPhones
called “Dropout Jeep,” saying it never worked with the U.S. spy
agency and was unaware of efforts to target its smartphones.
Source
Reuters: Media