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UK Monthly economic update

posted by Avatar fxmasta 1488 days ago in GBP, Monthly made popular 1488 days ago

The re-emergence of tensions in UK money markets combined with evidence of a sharper deceleration in the housing market has spurred the MPC into action. Still, at 5% UK rates could hardly be described as overly accommodative, and we expect anothe  read more
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CIBC Overnight Roundup

posted by Avatar maximumpips 1488 days ago in Technical, Fundamental, Daily made popular 1488 days ago

Overnight commentary on the Americas, Eurozone, and Asian Currencies.- April 29th, 2008  read more
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Trichet says important for ECB to control inflation at time

posted by Avatar JayP 1489 days ago in EUR, Inflation made popular 1489 days ago

VIENNA (Thomson Financial) - European Central Bank President Jean-Claude Trichet said it is even more important to control inflationary pressures at times of turmoil in financial markets.  read more
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Dollar Recovery Stalls While Market Mulls Possible Fed Cut

posted by Avatar JayP 1489 days ago in USD made popular 1489 days ago

The US dollar is slightly lower against the Euro, Swiss franc and British pound on Monday. EUR/USD is capped by resistance around 1.5700-10 and its nearest support is around 1.5530-50, with  read more
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EU says inflation to jump full point to 3.2 percent

posted by Avatar fxhottie 1489 days ago in EUR, Fundamental, Inflation made popular 1489 days ago

The European Union expects inflation to rise by more than a full point this year to 3.2 percent, pushed higher by soaring energy and food prices.  read more
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As inflation specter startles holders, Tokyo bank stocks soa

posted by Avatar JackD 1489 days ago in JPY, Inflation made popular 1489 days ago

TOKYO (MarketWatch) -- Expectations that inflation is returning to Japan after a 10-year hiatus and will prompt higher interest rates coursed through Tokyo's financial markets Monday, yanking Japanese bank stocks sharply higher as investors scamp  read more