Equity markets got a couple of shots in the arm yesterday as bullish news from a couple of corporate heavyweights tempered poor investor sentiment. GE, the worl... Read More >
Yesterday saw the biggest one day fall in the value of the pound in percentage terms since it swan dived out of the ERM in 1992 and brings a new climate of nerv... Read More >
NZD
In New Zealand Building consent issuance plummeted in October to its lowest level on record, and points to a substantial contraction in residential investme... Read More >
Bold moves from Governments around the globe kept currency markets busy, and equity markets buoyant throughout the week. The US Government announced a bailout p... Read More >
A global equity rally over the course of last week helped weaken the dollar on Friday as risk aversion decreased. Sterling also made significant gains euro for ... Read More >
Sterling enjoyed an upwards tilt yesterday as reports of government interference in the UK banking sector saw sentiment lift in GBP. The reports state that High... Read More >
Figures from the UK services sector reconfirmed what we already new about the state of the UK economy; a dire state typified by the likely winding up of Woolwor... Read More >
In these rather jaded times government bail-out programs and billion dollar injections are just like buses; nothing for a while and then two in quick succession... Read More >
NZD
Something to remember at present is that as each quarter of negative growth passes we are closer to the day that the sun shines again.
The first stage of t... Read More >
The pound reclaimed some lost ground over the week against dollar and euro, helped in part by a mild rally on Friday amid suspicion that today’s pre Budget repo... Read More >