Action Forex |
- ECB loan operation spurs markets
- Durable Goods Orders – Too Soon to Declare Soft 2012:Q1
- Ireland calls for a referendum on EU’s new fiscal compact
| ECB loan operation spurs markets Posted: 29 Feb 2012 07:46 AM PST The European Central Bank released the second round of its long-term refinancing operation with a maturity of three years on Wednesday. The liquidity injection amounted to €529.53 billion in comparison with the €489 billion at the first take-up. The volume exceeded forecasts of €450 billion. The ECB reported that 800 banks took advantage of the second round of 3-year LTRO loans in comparison with 523 in case |
| Durable Goods Orders – Too Soon to Declare Soft 2012:Q1 Posted: 29 Feb 2012 12:16 AM PST Orders of durable goods fell 4.0% in January following strong gains in November (+4.2%) and December (+3.2%). A decline in bookings of commercial aircraft (-19%) and machinery (-10.4%) brought down the headline. Defense orders moved up 17.7% to provide a partial offset. Excluding defense and aircraft, orders of capital goods dropped 4.5% in January. Orders of durable goods tend to decline in January, partly due to |
| Ireland calls for a referendum on EU’s new fiscal compact Posted: 28 Feb 2012 11:45 PM PST The Irish Prime minister Enda Kenny has announced that Ireland will hold a referendum on the EU new fiscal treaty. “Irish people will be asked for their authorization in a referendum to ratify the European stability treaty,” said the Taoiseach to Bloomberg. “Referendum is required,” but government “will push the Yes vote”. “Risk off, as Ireland puts the new European fisca |
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