Even with abundance of sunshine, water and land suitable for cane production, the advantages of once vaunted low South American cost base is eroding
Financial Times – Currency Markets News and Data

Quote: ‘Snobbery is a terribly maligned virtue. True snobbery is a calling, a social skill. Nothing makes you feel as precariously elevated as the confidence of a really vicious snob dissecting the person on his other side.’ A. A. Gill (1954-) The News: Hungary PM Orban says he wants to avoid austerity measures at all
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Italy made to pay euro-era high interest rates to issue short-term debt as it calls on capital markets for funding
FT.com – Currency Markets News and Data

Despite significant progress over the weekend in which Silvio Berlusconi fulfilled his promise to step down as Italian Prime Minster, the safe haven currencies were leading the majors to start the week as Italian and Spanish debt markets continued to erode.

DailyFX – Daily Briefings

Price of euro-dollar swaps has jumped fivefold since June, as French institutions brace for a potential downgrade
FT.com – Currency Markets News and Data

Gilt yields have trended downwards since mid-February, when expectations for a rate rise have since eased, and economic optimism has faded
FT.com – Currency Markets News and Data

Comments by Ewald Nowotny, European Central Bank council member, spark one of the biggest daily leaps in two-year yields since the country joined the euro
FT.com – Currency Markets News and Data

PM tries to rebut widespread criticism in the Italian media and the markets that his coalition was rudderless and divided
FT.com – Currency Markets News and Data

Prices travelled up and down in a range of more than $ 9 per barrel, as volatility added costs for traders and companies trying to insure against fuel fluctuations
FT.com – Currency Markets News and Data

The EUR/USD pared the overnight rally to 1.4513 as record-high financing costs in Europe increased the risk for contagion, and heightening fears surrounding the sovereign debt crisis could spur a near-term reversal in the exchange rate as policy makers struggle to restore investor confidence

DailyFX – Daily Briefings

The new year saw a surge in interest of people looking to buy a property overseas
FT.com – Currency Markets News and Data

Industrial leaders warn that high raw materials prices are here to stay after rising costs and a strong krona hit profits at several of the country’s biggest manufacturers
FT.com – Currency Markets News and Data

Published at 07:19 (GMT) 26 Nov Growing/ Spreading concerns over Eurozone to weigh on Euro. EUR hit 2-m lows 1.3265, eye break of 1.3200, then 1.3000. AUD hit 2-m lows 0.9676, eye break of 0.9500. GBP hit 1-m lows 1.5697, eye 1.5500. Telegraph by AEP: The escalating debt crisis on the eurozone periphery is starting
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The European Central Bank’s president warned European leaders last week that the proposed rescue system would increase borrowing costs
FT.com – Currency Markets News and Data

The U.S. has lost more than money.
View full post on Forbes.com: News

China this week is marking a milestone along the road to its remarkable economic rise: the creation
View full post on Forbes.com: News

View full post on DailyFX – Forex Market News

Cancer researchers announced Tuesday that cancer costs the global economy nearly $900 million a year — more than any other cause of death.
View full post on Business and financial news – CNNMoney.com

A key index of consumer prices rose in July from a year earlier amid higher energy costs, the government said Friday. Prices also increased on a monthly basis for the first time in four months.
View full post on Business and financial news – CNNMoney.com

Marketwire – ALEXIS MINERALS CORPORATION (TSX:AMC)(OTCQX:AXSMF)(PINK SHEETS:AXSMF) (“Alexis” or the “Company”) is pleased to announce that it has successfully refurbished its wholly-owned gold mill in a focused initiative to reduce costs.

View full post on Yahoo! Canada Finance: Gold Industry News

The falling cost of petrol and diesel fuel helped prices to rise more slowly in June than the month before – but economists pointed to a worrying rise in a narrower inflation measure that excludes goods with erratic prices
View full post on FT.com – Currency Markets News and Data

The falling cost of petrol and diesel helped prices to rise more slowly in June than in May, but the overall rate of increase remains well above that considered desirable by monetary policymakers
View full post on FT.com – Currency Markets News and Data

FRANKFURT, July 8 (Reuters) – German Landesbank WestLB will cut ties with rating agencies Standard & Poor’s and DBRS as a way to reduce costs,
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NEW YORK, July 8 (Reuters) – Futures market operator IntercontinentalExchange Inc said it will absorb costs and charges of up to $23 million related to
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View full post on DailyFX Weekly Columns and Special Reports