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U.K. Property Prices Fell Annual 9.4% in January

posted by babyblue 1216 days ago in GBP, Fundamental, Housing made popular 1216 days ago

U.K. house prices had the biggest annual decline since at least 2001 in January as the recession worsened and banks curtailed lending, Hometrack Ltd. said.

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Sterling, euro rebound but econ concerns persist

posted by babyblue 1222 days ago in EUR, GBP

Sterling and the euro recovered from earlier losses on Wednesday but concerns persisted over losses in the U.K. banking sector and a deepening recession in the euro zone.

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UK VAT cuts already helping economy - PM Brown

posted by babyblue 1258 days ago in GBP made popular 1258 days ago

Cuts in British value-added tax (VAT) implemented at the start of the month are already beginning to help the economy, Prime Minister Gordon Brown said on Monday.

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US Jobless Claims Hit 26-Year High

posted by babyblue 1262 days ago in USD, Fundamental made popular 1261 days ago

A deepening recession is forcing U.S. companies to cut their workforces, pushing first-time claims for unemployment benefits to a 26-year high.

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U.K. Economy May Shrink Most Since 1990

posted by babyblue 1263 days ago in GBP, Fundamental, GDP

The U.K. economy may contract at the fastest pace since 1990 in the current quarter as the recession intensifies, the National Institute for Economic and Social Research said.

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Inflation Protection at 1%

posted by babyblue 1269 days ago in USD, GBP, Inflation made popular 1269 days ago

Yesterday, the Dow rose again - up 172 points. Oil remained unchanged at $46 a barrel. The dollar went nowhere...at $1.27 per euro. And bond yields are still exceptionally, remarkably, and probably insanely, low. The U.S. 10-year T-Note yields 2.

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0.8% decline in Euro-zone retail sales for October

posted by babyblue 1269 days ago in EUR, Technical, Daily made popular 1269 days ago

The Euro failed to hold above 1.27 against the dollar in early Europe on Tuesday and dipped to lows near 1.26 as risk appetite deteriorated again. A late rally on Wall Street pushed the Euro back to 1.27.

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Canada says economy slows environmental progress

posted by babyblue 1273 days ago in CAD, Employment made popular 1273 days ago

Economic and environmental concerns will converge in Poland on Monday as an international climate summit gets underway with world leaders resuming negotiations toward a new treaty on global warming.

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Brown's UK borrowing binge is now dangerous bravado Brown's

posted by babyblue 1274 days ago in GBP, GDP made popular 1274 days ago

With a 45pc top rate of income tax now in the works, for instance, Prime Minister Gordon Brown – to his intense pleasure – has finally "killed off New Labour"

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PM Gordon Brown’s bounce back is a temporary blip

posted by babyblue 1274 days ago in GBP, Fundamental made popular 1274 days ago

SO QUICKLY is the political landscape changing that it’s sometimes difficult to tell who’s moving in which direction, let alone which party has its nose in front.

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Euro Declines as Drop in Inflation Adds to ECB Cut Speculati

posted by babyblue 1275 days ago in EUR, Inflation made popular 1275 days ago

The euro weakened the most against the dollar in almost three weeks as investors added to bets the European Central Bank will cut interest rates after inflation in the region slowed by the most since at least 1991.

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Consumer confidence 'improves'

posted by babyblue 1275 days ago in GBP, Fundamental, Consumer made popular 1275 days ago

Consumer confidence improved marginally this month despite mounting concern over job losses and worries of a looming recession, research has shown.

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