City National Bank FX Update http://www.cnb.com/ City National Bank's weekly FX Updates of foreign exchange trends and market activities from our Foreign Exchange experts. Copyright 2010 City National Bank | All Rights Reserved. Thurs, Sept 2 2010 08:00:00 GMT Finance 30 City National Bank FX Update http://www.cnb.com/images/ads/international.gif http://www.cnb.com/ Thurs, Sept 2 2010 08:00:00 GMT http://blogs.law.harvard.edu/tech/rss Overnight markets began with a decidedly risk-on tone piggy-backing on the positive data surprises to Chinese and U.S. manufacturing data yesterday. http://www.cnb.com/business/international/fxupdate.asp That tone continued with the release of Eurozone Q2 GDP, which showed a slightly stronger expansion of 1.9% on an annualized basis against the consensus of 1.7%. Thurs, Sept 2 2010 08:00:00 GMT http://www.cnb.com/business/international/fxupdate.asp The dollar is generally off today as the world has returned to a strong risk-seeking mode -- at least for today. http://www.cnb.com/business/international/fxupdate.asp With one major exception, data releases around the world overnight and this morning gave plenty of hope that at least SOMETHING is going well in the global economy. Wed, Sept 1 2010 08:00:00 GMT http://www.cnb.com/business/international/fxupdate.asp This is not a day for the weak to check their 401k balances. http://www.cnb.com/business/international/fxupdate.asp Equities worldwide have taken a beating following yesterday's losses in the US markets of about 1.5%. The worst performer so far has been the Nikkei where the Japanese index lost 3.55% on concerns for the global economy. Tues, Aug 31 2010 08:00:00 GMT http://www.cnb.com/business/international/fxupdate.asp