Dollar subdued in holiday trade The dollar, euro and yen found themselves in familiar territory early on Friday, having shuffled sideways in thin trade with U.S. markets shut for the Thanksgiving Day holiday.
FOREX-Dollar subdued in holiday trade, euro sees little reprieve SYDNEY, Nov 27- The dollar, euro and yen found themselves in familiar territory early on Friday, having shuffled sideways in thin trade with U.S. markets shut for the Thanksgiving Day holiday. The euro managed to hold above $1.0600 and last stood at $1.0606. "Lacking impetus from offshore markets and as our North American cousins continue to make inroads into the 46...
| By: Ian Chua
EMERGING MARKETS-Russia stand-off weighs on Turkey, EM stocks edge up LONDON, Nov 26- Turkish assets remained under pressure on Thursday as a dispute with Russia over its downed jet rumbled on, but other emerging equities edged up, snapping a three-day losing streak. Russia has said it will keep flying missions near Turkish airspace and has already begun targeting Turkey's economy by strengthening control over its food and...
| By: Claire Milhench
Goldman: Why Europe will outperform With U.S. interest rates set to rise and Europe's likely headed lower, certain assets on the continent look like a good bet, Goldman Sachs said.
| By: Leslie Shaffer
BofAML: Yuan SDR weighting around 10-11% Reports estimate that the yuan will have a weighting of 10-11percent in the SDR basket, says Claudio Piron, head of emerging Asia FX and fixed income strategy at BofAML.
Australian quarterly capex slumps; Aussie drops Business investment by Australian companies slumped a record 9.2 percent in the September quarter, causing the Aussie dollar to drop 0.4 percent against the greenback.
| By: CNBC.com staff