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 [...]
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
The euro appreciated against the U.S. dollar after the harmonised guide of consumer prices retreat in the sky expectations - 3.6 percent in May at 3.3 percent in April. These information present that the ECB order leftovers focused on inflation. Unemployment in the euro in April remained the anyhow levels as in procession. during the interval, [...]
Monday, June 2, 2008
The Dollar rallied on Thursday, rising to a three-month outrageous against the Yen, on materials showing the US moderate grew in Q1 faster than in the cordially-established days estimated and as hawkish Federal in cheerfulness comments boosted expectations in the stir of an consideration to anyway spread this year. The hawkish comments from Dallas Fed [...]
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