Dollar Suffers its Biggest Drop in Nearly Three Months as Risk Appetite Surges, but Will it Last?

- Dollar Suffers its Biggest Drop in Nearly Three Months as Risk Appetite Surges, but Will it Last? – Euro Benefits from the Dollar’s Tumble but Greek Bailout Troubles Endure – British Pound Finds Little Encouragement from Inflation at Levels that Historically Point to Rate Hikes – Australian Dollar Rallies after RBA Minutes Reveal Last [...]

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Posted February 18, 2010 by ][-NooM-][ under Benchmark Lending

Cyprus Condusive for Prime Property investment

Despite global slowdown and the economic climate looking tough Cyprus investment property has not lost its sheen. There is no dearth of opportunities for investment in the country because there are many factors combined that make this location an investment opportunity supreme. Particularly at the present time. The cultural ethos of Cyprus attracts and warmly [...]

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Posted February 18, 2010 by ][-NooM-][ under More Property, More Real Estate

Asian Markets Trade Notably Higher On Recovery Hopes

Asian markets are trading firm on Wednesday with investors going in for some hectic buying, tracking a positive close on Wall Street overnight and higher commodity prices. Hopes of a global economic recovery on the back of the European Union’s move to help Greece get out of its debts and some encouraging reports from across [...]

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Posted February 18, 2010 by ][-NooM-][ under More Financial, Trading

Lending uniformity seen from April

Come April, the entire credit market could see a marked change. For starters, farm loans will be extended at a bank”s base rate. In addition, the market for short-term loans will shrink. Unlike now, when banks are offering less-than-a-year loans at 6-7 per cent, the lenders will not have the freedom to lend below the [...]

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Posted February 18, 2010 by ][-NooM-][ under Benchmark Lending, More Bank

Options With UK Credit Cards

If you are familiar with the credit card companies in the US, a lot of the leading names in the UK will be familiar to you as well. Companies such as Capital One and MBNA are names that most Americans would immediately recognize and own established a large following in the UK as well. One [...]

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Posted February 18, 2010 by ][-NooM-][ under More Financial, More Loans

Benchmarks trade near day’s high metal stocks shine

After getting off to a good start, the local equity markets continued to add weight in the mid-morning session tracking strong global cues. The BSE Sensex and the S&P CNX Nifty touched fresh highs and were trading near those levels. The bears were bleeding in trade as the bulls were dominating the entire sectoral space [...]

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Posted February 18, 2010 by ][-NooM-][ under Benchmark Lending, Trading

Benchmark rates to fall to 9%

Introduction of base rate will result in sharp reduction. Bankers are still busy with their calculators trying to work out the proposed base rate that the Reserve Bank of India (RBI) plans to introduce from April but they estimate the benchmark rate will decline to around 9 per cent from 11-15.75 per cent at present. [...]

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Posted February 14, 2010 by ][-NooM-][ under Benchmark Lending, More Bank