Monday, May 21, 2012
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FOREX-Yen falls on year-end flows; dlr posts strong quarter

The yen slid broadly on Tuesday on a surge in Japanese investors' demand for foreign currencies on the last day of Japan's financial year. >>

S&P futures drop as US govt rejects automaker plans

U.S. stock futures extended losses on Monday and U.S. Treasury futures climbed after a government task force rejected the viability plans of General Motors and Chrysler, saying bankruptcy for both companies remained an option >>

Japan eyes new stimulus plan as recession deepens

The Japanese government is set to map out its third fiscal stimulus package ahead of the G20 summit this week to prop up an economy mired in its worst recession since World War Two. >>

FOREX-Dollar up as euro pressured by fiscal, ECB jitters

The dollar rose against other major currencies on Monday, as comments about euro zone fiscal responsibility and weaker stock markets undermined recent investor confidence and favoured the safe-haven greenback. >>

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