The Chancellor is unlikely to meet his short-term targets for cutting the deficit because of the worrying outlook for the economy, economists have warned. Read More UK economic outlook worrying, experts warn
Posted in FX News | Tagged economic, experts, outlook, uk, warn, worrying |
Obama expected to seek a new tax rate to ensure millionaires pay at least at the same percentage as less well off. Read More President Obama to seek a new tax rate for wealthy
Posted in FX News | Tagged a, for, new, obama, president, rate, seek, tax, to, wealthy |
Monetary tightening in China threatens to pop the ?1.07 trillion credit bubble in local government finance and expose the country’s simmering “subprime” crisis, according to the Communist Party’s economic guru. Read More China faces subprime credit bubble crisis
Posted in FX News | Tagged bubble, china, credit, crisis, faces, subprime |
President of European Central Bank defends eurozone’s financial position arguing it is better than other “advanced economies”. Read More ECB boss JeanClaude Trichet delivers rebuke to US
Posted in FX News | Tagged boss, delivers, ecb, jeanclaude, rebuke, to, trichet, us |
The Greek Prime Minister George Papandreou unexpectedly cancelled a planned trip to the US at the last minute, citing a “critical” week ahead for his country. Read More George Papandreou cancels US trip as Ecofin meeting reveals heightened tensions
Posted in FX News | Tagged as, cancels, ecofin, george, heightened, meeting, papandreou, reveals, tensions, trip, us |
News emerged last week that during August, UK inflation went up. Again. The consumer price index (CPI) index last month showed that prices were 4.5pc higher than the same month in 2010. Read More UK inflation figures make a mockery of the economic assumptions of old
Posted in FX News | Tagged a, assumptions, economic, figures, inflation, make, mockery, of, old, the, uk |
The South African rand dropped today as the optimism about the European banking system quickly waned, spurring investors to draw money out of riskier assets.(…)Read the rest of Rand Falls as Investors Shun South African Bonds (54 words) Posted on Forex News. Read More Rand Falls as Investors Shun South African Bonds
Posted in FX News | Tagged african, as, bonds, falls, investors, rand, shun, south |
After a torrid week for the eurozone, former Chancellor of the Exchequer Norman Lamont explains why facing reality has never been Europe’s strong point – and that its ‘sticking plaster approach’ won’t work for much longer Read More Norman Lamont Its not just the euro, its the European Union that needs rethinking
Posted in FX News | Tagged euro, european, its, just, lamont, needs, norman, not, rethinking, that, the, union |
The Australian dollar advanced today against the US dollar and the euro as the Asian stocks climbed, but the currency is still heading to a weekly decline as concerns about the European economy sapped appeal of higher-yielding currencies.(…)Read the rest of Aussie Rises on Asian Stocks, Heads to Weekly Loss (53 words) Posted on Forex News. Read More Aussie Rises on Asian Stocks, Heads to Weekly Loss
Posted in FX News | Tagged asian, aussie, heads, loss, on, rises, stocks, to, weekly |
The New Zealand dollar jumped today after the Reserve Bank of New Zealand maintained its interest rates yesterday and signaled that the good health of the nation’s economy can lead to higher rates in the future.(…)Read the rest of NZD Gains as RBNZ Shows Optimism for New Zealand Economy (145 words) Posted on Forex News. Read More NZD Gains as RBNZ Shows Optimism for New [...]
Posted in FX News | Tagged as, economy, for, gains, new, nzd, optimism, rbnz, shows, zealand |
