The Case-Shiller Composite-20 Home Price Index (HPI) decline by 0.8% in September, worst than analyst’s expectations for a 0.4% fall. Further, on a year-over-year basis, the index posted its worst result in eight months but remained positive at 0.6% — shy of the 1.0% forecast by markets. Read More Home Prices Face Downward Pressure
Posted in FX News | Tagged downward, face, home, pressure, prices
Canadian economic growth basically stalled in the third quarter of 2010, with a measly 1.0% annualized gain – missing the Bank of Canada’s forecast of 1.6%. All the weakness in the quarter was in trade and residential construction. Exports fell 5%, a reflection of weak U.S. demand, while residential construction fell 5.3%. Read More Canadian [...]
Posted in FX News | Tagged 2010, a, canadian, economy, half, of, second, sputter, started, with
The Canadian economy continued to slow during the third quarter of 2010 with annualized GDP growth dropping to 1.0% following an upwardly revised gain of 2.3% in the second quarter (initially reported as 2.0%) and a downwardly revised 5.6% in the first quarter (previously reported as 5.8%). Expectations were for Read More Canadian ThirdQuarter 2010 [...]
Posted in FX News | Tagged 2010, canadian, expected, gdp, growth, more, slows, than, thirdquarter
The Conference Board’s measure of U.S. consumer confidence rose 4.2 points in November to 54.1 from a downwardly revised 49.9 level in October (initially reported as 50.2). Market expectations were for an increase in the index to 53.0. The labour market differential (those saying jobs are "plentiful" less respondents saying Read More US Consumers More [...]
Posted in FX News | Tagged confident, consumers, expected, in, more, november, than, us
The Canadian dollar jumped against the euro today as Ireland’s bailout failed to reduce the fears about the European sovereign-debt crisis. The currency also slightly rose versus the US dollar after crude oil reached the highest level in two weeks.(…)Read the rest of Canadian Dollar Rises as Crude Oil Reaches Two-Week High (146 words) Posted on Forex News. Read More Canadian Dollar Rises as Crude [...]
Posted in FX News | Tagged as, canadian, crude, dollar, high, oil, reaches, rises, twoweek
The Australian dollar dropped today on the concerns about the Korean conflict and the European sovereign-debt. The currency also fell after the report showed that the business profits in Australia unexpectedly declined.(…)Read the rest of Australian Dollar Weakens as Business Profits Decline (129 words) Posted on Forex News. Read More Australian Dollar Weakens as Business Profits Decline
Posted in FX News | Tagged as, australian, business, decline, dollar, profits, weakens
