US: Business Inventories climb +0.1% in February

FXstreet.com (Barcelona) - In the United States, Business Inventories grew +0.1% in February, compared with a result of +0.4% and relative to a figure of +1.0% in the previous month.

Apr 12, 2013

Forex: EUR/USD trims losses, still below 1.3100

After finding support at the 1.3035 area, the euro managed to trim intraday losses against the greenback after data showed US retail sales unexpectedly declined in March and amid news the Eurogroup gave green light to a €10 billion loan to Cyprus.

Forex Flash: Tracking global equity returns – Goldman Sachs

According to the Economics Research Team at Goldman Sachs, “ We see medium-term equity return forecasts as particularly important in the current environment. Given the depth of the financial crisis, normalization will take a long time, and it is therefore important to map out the path towards recovery over the medium term.” Also with bond yields at extreme levels, and the drawdown risk in equities still high, we see intermediate term equity forecasts as a good way to quantify the potential medium- term costs of the near term safety of being in bonds rather than equities.