Households should be prepared for further rises in their power bills of the magnitude of Scottish Power’s inflation-busting 19pc increase in gas prices and 10pc hike in electricity tariffs, Centrica chairman Sir Roger Carr has warned. Read More Centrica chairman warns steep energy price increases are inevitable
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Beginning in the early Asian session and continuing through to the pre-US open trading hours, crude would pitch into a selling trend that would build in intensity as European liquidity slowly filtered into the market. In fact from Monday’s US session close, the active WTI futures contract would topple an impressive 4.36 percent by the [...]
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Following Monday’s relatively restrained level of activity, crude would find conditions far more interesting today. For the market itself, the commodity would report its biggest daily decline since the February 5th tumble. Read More Volume Recovers along with Bearish Convictions for a Steep Crude Loss Tuesday
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• British Pound Dominates as GBPJPY Leads the Way Ahead of UK Q4 GDP • Euro Mixed as GfK Consumer Confidence Falls to 7-Month Low • Australian Dollar Higher Despite Signs of Waning Inflation Pressures Read More US Dollar, Japanese Yen Down as Equities Bounce Despite Steep Drop in US Home Sales
Posted in FX News | Tagged as, bounce, despite, dollar, down, drop, equities, home, in, japanese, sales, steep, us, yen
Tuesday morning, the National Association of Realtors released its report on pending home sales in the month of November, showing that pending home sales fell by much more than expected after a surge of activity in recent months. 6 Vote(s) Read More Pending Home Sales Show Steep Drop In November
Posted in FX News | Tagged drop, home, in, november, pending, sales, show, steep
