Posted on Friday, September 23rd, 2011 at 1:18 pm.
DATA TO LOOK OUT FOR Very quiet day for data today so markets will probably be shifted by trade volumes and comments from Finance officials. G20 meeting takes place, leaders will be urging European leaders to come to agreement on EFSF plans. This morning UK BBA mortgage approvals is released, last month’s figure of 33.4 [...] Read More...
Posted on Monday, September 19th, 2011 at 1:13 pm.
Worldwide Currencies information to look out for Eurozone Construction Output figures are expected to rise by a minimum of 1.4 percent today when this is announced. In the 27-nation EU, production in construction sector is also expected to rise by a minimum of 0.3 percent in July compared with the previous month. NAHB Housing Market [...] Read More...
Posted on Friday, September 16th, 2011 at 12:36 pm.
Worldwide currencies to look out for The Economic and Financial Affairs Council (ECOFIN) will have its first meeting today. ECOFIN will discuss a range of financial issues, covering the support mechanisms for the euro and the euro government finances. The Eurozone Trade Balance will be announced today at 10. 00 am. CAD Foreign Securities Purchases figure that [...] Read More...
Posted on Thursday, September 15th, 2011 at 12:14 pm.
Worldwide Currencies to look out for World leaders of the BRICS which are made up of Brazil, Russia, India, China and South Africa. BRICS economies are meeting at the annual World Bank and IMF summit next week to discuss providing further financial support for Europe. BRIC is a grouping acronym that refers to the countries of Brazil, [...] Read More...
Posted on Wednesday, September 14th, 2011 at 1:36 pm.
Worldwide currencies to look out for Reserve Bank of New Zealand interest rate announcement will be issued this evening where the markets are expecting the RBNZ rates to remain on hold due to the current global climate. There is some speculation that although there is some movement the market expectations could be wrong and the Reserve Bank of New Zealand could [...] Read More...
Posted on Tuesday, September 13th, 2011 at 1:16 pm.
Worldwide currencies to look out for Key data was released this morning covering the UK Consumer Price Index and the various components that make up the main figure, the UK Consumer Price Index annualised rate is expected to show inflation rose to 4.5% in August from 4.4% the previous month. Higher inflation would usually help a currency because it [...] Read More...
Posted on Monday, September 12th, 2011 at 1:29 pm.
Worldwide currencies new to look out for Money transfer through Facebook is now available but only for users who have Smart Card of Liberty Bank. The maximum daily limit of money transfers through Facebook is 100 GEL (60 USD) and the transaction is completely free for the Facebook sender. One percent will be deducted from the [...] Read More...
Posted on Thursday, September 8th, 2011 at 1:29 pm.
Worldwide currencies to look out for Switzerland is now the world’s most competitiveness currency provider due to the new dramatic moves to devaluate its currency. Switzerland’s exchange rates have maintained the spotlight and has become the number one in the World Economic Forum’s (WEF) rankings after revealing its ruthless ambition by pegging the franc to the euro to boost [...] Read More...
Posted on Wednesday, September 7th, 2011 at 3:49 pm.
Worldwide currencies to look out for The Bank of Canada will announce today at 2.00 pm will publish their interest rate decision, It is widely expected that the BOC will decide to remain the interest rate at 1.0% UK’s NIESR GDP estimate is announced today at 3.00 pm, the UK’s NIESR GDP previous figure was 0.6% and although the figures are not the official [...] Read More...
Posted on Tuesday, September 6th, 2011 at 11:10 am.
Worldwide currencies to look out for The FTSE fell losing £50bn (-3.7%) as traders were informed of bad news. RBS was the worst performer, dropping 12 %. Barclays lost 6.7% and HSBC lost 3.8 % to a combined loss of $11bn. This is due to being sued by the US Federal Finance Housing Agency over allegations it misled buyers of mortgage [...] Read More...