Currency Fund Turnaround Accelerates In February

Currency-focused hedge funds are off to their strongest start since 2003, driven by more aggressive bets on currencies from emerging markets and commodities exporters. Funds specializing in currency bets returned 1.34% last month, the third monthly gain in a row, according to Parker Global Strate......

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Japan Govt Repeats Economy Picking Up; Domestic Demand Firmer

The Japanese government on Wednesday left its overall economic assessment unchanged in its monthly report for March while noting that firmer domestic demand is backed by an improvement in business investment and consumer spending. The Japanese economy is still picking up slowly, while d......

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It's not funny when even the Dutch can't meet the austerity targets

Just a few weeks ago officials from Madrid begged in Brussels for their fiscal targets to be relaxed - they said the current ones were suicidal for Spain.Jan Kees de Jager, the Dutch finance minister, was among them who demanded the answer to be neit. So now - fiesta, forever, all night lo...
...It's not funny when even the Dutch can't meet the austerity targets

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Greece to name Sachinidis as interim FinMin -sources

Greek Deputy Finance Minister Filippos Sachinidis will be the country's new finance minister, government sources said on Wednesday, replacing Evangelos Venizelos who stepped down to lead the Socialist party. With negotiations on the country's second EU/IMF bailout completed earlier this month, Sa......

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Minutes of the Bank of England Monetary Policy Meeting

The significant improvement in market sentiment since the European Central Banks first long-term refinancing operation (LTRO) in December had been maintained and further supported by the second LTRO on 29 February. A total of over 1 trillion had been lent in the two operations, with a net injec......

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