Britain’s economy went unexpectedly stagnated in the second quarter, thus end the most extended period of economic growth for more than a century, reported Bloomberg. The gross domestic product has remained unchanged over the past quarter as reported by the National Statistical Institute of Great Britain, where forecast for growth of 0.2 percent. Economists expected growth [...]
Sunday, August 24, 2008
The chairman of the U.S. Federal Reserve Ben Bernanke said the financial crisis that U.S. and high inflation, damage economy and put a serious test before the central bank in its attempts to restore stability in the market. This happened during lastday of Bernanke speech before the heads of leading central banks in the world [...]
Thursday, August 21, 2008
Confidence in the German economy increased more than expected in August, monthly data showing a research institute ZEW. As a reason for this indicates a significant setback in the price of oil and poevtinyavaneto of the euro, which returned the attractiveness of European exports. The value of investitorskoto confidence index in August was minus 55.5 [...]
Thursday, August 21, 2008
Heads of English Central Bank are three opposing views on future monetary policy, some held to higher interest rates in order to ukroti inflation, and others - to reduce them, to prevent a recession, shows the minutes of the meeting of that the interest rate was left at the level of 5 percent. Governor Marvin [...]
Thursday, August 21, 2008
On Wednesday the dollar recorded a minimal growth against the euro after the prospects of the German government in developing the economy deteriorated. During the session usd single currency is approximate to its lowest value for the last 6 months, reaching a daily bottom level of 1.4671. Eventually the couple ended the day level of [...]
Monday, June 23, 2008
Crude oil rose to over $ 136 for a barrel in New York because of speculation that the promise of Saudi Arabia to increase production may fail to stop for the supply concerns after attacks on pipeline in Nigeria last week. The largest exporter of oil in the world will pump additional 200000 barrels a day [...]
Friday, June 20, 2008
Retail sales in Britain for May, reported an unexpected increase of 3,5 percent, reported by the Office for National Statistics in London. This is the highest one month’s increase in sales in 1986 onwards. Growth is a surprise, since the consensus forecast of experts fall of 0.1 percent. In April sales decreased by 0.3 percent. On an [...]
Wednesday, June 4, 2008
The index of output prices in the euro in April grew by 0.8 percent on a monthly basis and by 6.1 percent annually, which coincides with expectations, it appears from Eurostat data. For the entire European Union growth in the index was 0.9% monthly and 7.6% on an annual basis. In comparison, in March was reported [...]
Tuesday, June 3, 2008
Last week continued consolidation of course euro / dollar around and just below the levels of $ 1.56 for 1 €, and they were expected to exchange markets. Below the level of 1.54-1.55 and is now firmly resist the pressure of dollars, which tried during the previous week to recover further against the euro. This [...]
Tuesday, June 3, 2008
Dollar registered losses against the euro on Friday as some investors market USD currency after a few consecutive days of its profits. The ask for object of unseasoned notes to emend during the latest days because miserable charge of lubricant from make a notation of levels because of U.S. direction matter, showed mediate levels of inflation. Analysts [...]
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Sunday, August 24, 2008
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