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U.K. House Prices to Fall 10% in 2009, Rightmove Says

posted by sassy 1258 days ago in GBP, Fundamental, Housing made popular 1258 days ago

U.K. house prices extended declines in December and will drop a further 10 percent next year as the recession batters the British economy, Rightmove Plc said.

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Pound near record lows vs euro

posted by butterscotch 1258 days ago in EUR, GBP, Housing

The pound hovered close to record lows against the euro on Monday after a survey reported another sharp fall in house prices.

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Slump in Japan firms' confidence

posted by stephenie 1259 days ago in JPY, Fundamental

Japanese business confidence has suffered the biggest drop in 34 years, fuelling fears that the economy may face a deep and lengthy recession.

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Italy's Consumer Price Inflation Slows

posted by scorpio 1259 days ago in EUR, Fundamental

Italy's consumer price index or CPI including tobacco rose 2.7% year-on-year in November, slower than 3.5% increase recorded in October, the statistical office ISTAT said Monday. Month-on-month, the CPI declined 0.4% after being flat in October.

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German Import Growth Outpaces Exports In Q3

posted by strawberry 1259 days ago in EUR, Fundamental made popular 1258 days ago

Germany exported commodities to the value of EUR 250 billion in the third quarter, the Federal Statistical Office reported Monday. This represents an increase of 4.1% from the same quarter a year earlier. Upon price adjustment, exports grew 1.5%.

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Turkish GDP Up 0.5% On Year In Q3

posted by milkyway 1259 days ago in EUR, Fundamental, GDP made popular 1258 days ago

The Turkish economy grew 0.5% year-on-year in the third quarter, slower than 2.3% expansion seen in the second quarter, the Turkstat said Monday

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GBPJPY analysis - still bearish???

posted by gjtrader 1259 days ago in JPY, GBP, Technical

chart 30 min - 4.30 pm Malaysia
went short at 136.87 due to:
1. failure to break major trendline
2. round number (137.00) significance
3. fibo level 23.6% level rejection
currently +65 and SL moved to +5

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November price declines in U.S. could hurt Canada

posted by twilight 1259 days ago in USD, CAD made popular 1258 days ago

U.S. wholesale prices fell in November, led by faltering oil and food prices, according to statistics released by the U.S. Bureau of Labour Statistics Friday.

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Dec-15 market commentary and technical levels

posted by twilight 1259 days ago in Technical, Daily made popular 1258 days ago

The EURUSD didn’t make a significant movement Friday. The pair seemed to moved in ranging market between 1.3410 and 1.3250 suggesting that then pair was in consolidation phase.

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Pound sterling falls against dollar

posted by ceronueve 1259 days ago in USD, GBP made popular 1258 days ago

Sterling fell versus dollar on Friday as risk aversion surged, putting pressure on the UK currency where sentiment was already dampened by a gloomy economic outlook.

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Pound slips below euro on Britain's high streets

posted by blitz 1260 days ago in EUR, GBP made popular 1259 days ago

The government is facing a growing backlash over its rescue package for the economy after the pound slumped to below parity with the euro on British high streets and at airports for the first time since the single European currency was launched a

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Dollar Slumps Versus Yen as Automakers Raise Recession Conce

posted by keiragabe 1260 days ago in USD, JPY made popular 1260 days ago

The dollar fell to a 13-year low against the yen on concern General Motors Corp. and Chrysler LLC will collapse into bankruptcy without a rescue from the Bush administration.

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