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New home buyers are suffering longer
New home buyers are suffering longer delays at the hands of council planning, industry data shows, worsening the national shortage of homes that’s helping to drive prices skyward, The Sydney Morning Herald reports.
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Gold hits 6½-week high, copper up
Gold rose to 6-1/2-week highs at $1,141.70 an ounce on Wednesday as the dollar extended losses versus the euro, and as broader fears over the outlook for paper currencies lent further support to the precious metal. Spot gold was bid at $1,139.95
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How to Profit From the Rising Dollar
Continued job losses. Until recently, it appeared that at least the pace of these losses was slowing, but lately it has picked up again, casting doubt on the belief that the employment picture is turning around.
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Collapse in UK business investment gathers pace
Official figures showed that investment in the fourth quarter declined at an accelerated quarterly pace of 5.8 per cent compared to a slowdown of 1.8 per cent in the third quarter. Real business investment now stands at £27.12bn, the lowest level
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Gold above $1,100, metals prices mixed
Gold consolidated above the $1,100 level on Wednesday while oil prices extended their advance after strong gains in the previous session and copper maintained a hold above the key $7,000-a-tonne mark.
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What's Next for the U.S. Dollar and Gold?
Last week was strong with stocks and commodities moving up sharply. As nice as it was to see a rally, I still have my doubts whether this move has legs behind it. As prices moved higher throughout the week we saw volume become thinner and thinner
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FED Raises Discount Rate
Forex Traders are expected to give extra importance to these housing numbers as major US home builders have become more optimistic in their outlooks.
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Retail sales fall with the snow raising fresh slump fears
RETAIL sales slumped in January as heavy snow and economic decline put the skids under shoppers despite the New Year sales.
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5 Technical Indicators That You Should Know!
Get these Correlation Trading and Forex Scalping Cheatsheets FREE. Combining forex scalping with correlation trading can be a powerful combination. These cheatsheets explain to you how to do forex scalpign and correlation trading.
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USD rises on surprise Fed move
The dollar rises against a basket of currencies after the US Federal Reserve increases interest rates for emergency bank loans.
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GBP Drops to 9-Month Low Versus Dollar on Fiscal Concern
The pound slid to its lowest level in nine months against the dollar as the Federal Reserve unexpectedly raised its discount rate and concern deepened that Britain’s economic growth will trail that of the U.S.
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House sellers start upping their prices
AMBITIOUS property sellers hiked their average asking prices by 3.2 per cent as they hoped for a more prosperous 2010, property website Rightmove said today in its latest monthly survey. This is the greatest monthly rise since April 2007 and is s


