GBP Slides vs Other Yielders Despite Better Second-Tier Data
In the UK, we saw fundamental data come in a bit better than expected, which helped the GBP to rally against the USD, but it fell back against the EUR, AUD, NZD, and JPY, showing that while it was better than the laggard USD, the GBP was shedding
U.S. Pending Home Sales Rose again in November 2011
According to the last U.S. pending homes sales report the market continues to rally as there was another increase in pending home sales during November 2011; the November 2011 U.S. pending home sales index was also well above the November 2010 in
This Week in the USD: Focus on Housing, Jobs & Manufacturing
This week focuses more on housing reports – housing starts, existing home sales, NAHB housing market index – which may not excite the market too much considering the weak state of the US housing sector. Other reports this week, which may be watch
Wall Street Declines Lead Down By Financials
(eToro Blog) Equity markets in the US continue to remain on the defensive as last week’s US employment report continued a string of weaker than expected economic releases. Stocks dropped for a fourth-straight day as concerns over an economic sl
Fundamental Wrap-Up: US Confidence, Housing Prices, Rich Fed
Data from the US showed consumer confidence rebounding in April, a positive sign for consumer spending during the month. The manufacturing sector in the Richmond Fed area showed an increase in activity, but one that was smaller than anticipated.
Higher Housing Prices Supports Pound Lifts FTSE
The London markets and the Pound Sterling got a bit of a lift this morning following the release of U.K. housing prices which portends some recovery in the all important housing sector. Also being heralded as positive news for the U.K. economy w
Know All About Properties On Sale In Kakinada City
www.inkakinada.com/for-sale is the largest updated free classifieds listing directory of Properties on Sale in Kakinada City of India.
Ayala Land, Inc. (ALI) Back In The Bullish Track?
Ayala Land, Inc. or ALI in the Philippine Stock Exchange, much like the great Muhammad Ali when he fought Joe Frazier in Manila, made some headway when it willed itself back in the game during the last few trading days.On my feature on ALI la
Bank of Israel raised interest rate by 0.25% to 3.25%
The Bank of Israel has reported to raise the June 2011 Israeli basic interest rate by 0.25 percent points to 3.25%.
Preview: US Jobless Claims, Chicago PMI, Pending Home Sales
Wednesday's session saw a sharp move towards risk aversion and we want to see if that continues in Thursday's session. We have 3 releases from the US - jobless claims, the Chicago PMI and pending home sales - which could decide the tenor of risk
NA Equities Extend Gains Post Existing Home Sales, CAD Gains
The tenor of recent US data has been very soft and while today’s existing home sales reading was in line with Bloomberg’s forecast, other outlets including Reuters and Dow Jones Newswire saw expectations for today’s release worse, with forecast o
will mortgage interest rates go up 2012
will mortgage interest rates go up 2012 ; since 2009, the profitability of new mortgage lending has reduced, because lenders have failed to keep rates in line with higher wholesale funding and other costs.


