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German November Investor Sentiment May Stay Near Record Low

posted by strawberry 9 days ago in EUR, Fundamental made popular 9 days ago

German investor confidence probably stayed near a record low in November after the financial crisis pushed Europe's largest economy to the brink of a recession, a survey of economists shows.  read more

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Interest rates could be slashed by record-breaking 1%

posted by aranel 17 days ago in GBP, Inflation made popular 17 days ago

Gordon Brown hinted at another emergency global interest cut yesterday amid warnings that UK unemployment is set to soar to almost 3million.  read more

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Evidence of a recession piles even higher

posted by eriathwen 18 days ago in USD, Fundamental, Inflation made popular 18 days ago

Evidence of a recession piled ever higher Friday, with new figures showing Americans are spending less and gloomy about the economy, while the government signaled it won't buy stock in the financing arms of auto companies to prop them up.  read more

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UK House Price Decline Worsens In September

posted by juanpablo 9 days ago in GBP, Housing made popular 9 days ago

Tuesday, UK house price data released by the Communities and Local Government showed that house prices dropped 5.1% in the year to September, after falling 4.6% in the year to August. Economists expected a 5.4% slump for September. The report sai  read more

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Bank of Canada sees sluggish growth until 2010

posted by twilight 28 days ago in CAD, Fundamental made popular 28 days ago

Canada's economic performance is expected to be sluggish through the first quarter of next year, the country's central bank said Thursday.  read more

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British PM seeking billions to boost IMF reserves

posted by aranel 18 days ago in USD, GBP, Fundamental made popular 18 days ago

British Prime Minister Gordon Brown, on a tour of the Gulf, said he is seeking hundreds of billions of dollars to boost the International Monetary Fund's reserves to bail out financially stricken countries.  read more

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UK's Brown seeks Saudi cash in latest crisis salvo

posted by ceronueve 17 days ago in GBP, Oil, Inflation made popular 17 days ago

British Prime Minister Gordon Brown said on Sunday he expected Saudi Arabia to pump money into the International Monetary Fund, the latest salvo in an ongoing effort to contain the global financial crisis that is also expected to bring a new roun  read more

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Mighty yen scares off the tourists

posted by KiwiTrader 11 days ago in JPY made popular 11 days ago

California's tourism office didn't waste any time when the dollar sunk to new lows against the yen. For the past couple of weeks, commercial TV stations have aired ads for the Golden State featuring shots of its natural and man-made delights, cap  read more