The US economy is wobbling like an emotional teenager with confidence issues. Consumer confidence fell to 25.0 from 37.4 in January; the reading was expected a... Read More >
News that the US Government is looking to part nationalise Citigroup to the tune of 40% of the company's share capital helped sterling higher as financial secto... Read More >
The credit crunch turned another corner last week, sweeping up Central and Eastern European countries, as fears were raised about the ability of some states to ... Read More >
It was what have come to know as a typical day on the forex markets; risk appetite rolling back and forth like the tide with individual pieces of data and bank ... Read More >
NZD
It was a relatively quiet week data wise in New Zealand, nonetheless the data out continued to paint the same picture. A knife has been taken to growth exp... Read More >
The euro strengthened yesterday away from 3 month lows against the dollar as Germany hinted to the market that they may step up and alleviate the pressure that ... Read More >
Yesterday's trade session was dominated by the US housing market; poor data and a plan to fight the downturn. January housing starts fell to the lowest level o... Read More >
Inflation in the UK is proving to be a lot more hardy than we economists thought as the weaker pound makes imports a lot more expensive offsetting the benefit ... Read More >
Lloyd's shares followed more ignominy yesterday as it had its debt downgraded by Moody's as fear continues to swirl around the HBOS constituent part and how muc... Read More >
NZD
Same story different week, sadly last week did not deviate from the array of disappointing data that we have come to expect from week to week.
Electronic c... Read More >