Looking ahead to LTRO 29 February
Nothing much was seen in a lacklustre Asian morning, with most of the majors in sedate ranges. Market players are looking ahead to the LTRO tomorrow for its next direction
Global Risk Positions Fall, Crude Oil Prices Climb
The US dollar once again took preference in yesterday's trading as the Euro held shaky ground on news of the latest Greek deal.
U.S. Pending Home Sales Fell in Decebmer 2011
According to the recent U.S. pending homes sales report the market changed direction as pending home sales fell during December 2011; on the other hand the December 2011 U.S. pending home sales index was well above the December 2010 index.
RBS - Inside The Bank That Ran Out of Money
RBS was one of the casualties of the financial crisis, chalking up record losses, and requiring a multi-billion dollar bailout from the UK government to prevent the group from going under. This documentary by the BBC details how RBS grew into on
Existing Home Sales Rise In December
Sales of existing homes in the United States improved in the month of December, according to the National Association of Realtors. Survey findings jumped by an impressive 5%, increasing the annualized rate to 4.61 million. The month’s results j
US Housing Still Dragging its Feet – QE3 Still on the Cards
US Existing Home Sales rose by around 5% to an annual pace of 4.61 million, from a revised 4.39 million last month. This is within expectations of 4.65 million.Yet while this is a rise, the pace is still far from the good years. The tendency
Prices Flat, Jobless Claims Plunge, New Starts Soft
Data from the US today showed jobless claims falling to the lowest level in almost 4 years, while headline consumer prices remained flat for a 2nd month straight. Housing starts meanwhile came in weaker than expected showing that the construction
mortgage rates prediction 2012
Fixed mortgage rates fell once again to a record low, offering a great opportunity for those who can afford to buy or refinance homes
Chicago PMI, Pending Home Sales Show Continued Momentum in U
In a leading indicator the Chicago PMI came in stronger-than-expected for the December period. The index posted a reading of 62.5, basically matching November 62.6 and much stronger than the forecast of a 60.4 print which would have meant a slowe
Stocks HotPicks 12/20/2011 Daily Preview
Following yesterday’s conference call of EU finance ministers, an agreement was reached to boost IMF resources by 150 billion euros to keep the debt crisis at bay.
UK Housing Supported Despite Economic Woes
With a slowing economy, market analysts were a bit caught off guard when UK mortgage lender Nationwide announced that housing prices had remained relatively stable in the month of November. In the month, UK housing prices rose by 0.4% – a health
SPX 500 - Monday 11-28-11
The SPX 500 sits about 28 points higher than Fridays close.


