Trading began on a positive note this week, as indices pushed out to a fresh 13-month highs despite the slide in the November Empire Manufacturing data on Monday. Equity indices were flat mid week as October housing starts declined to their lowest level since April, and building permits came in to the downside and corporate [...]
Tags: benchmark spread, currency trading, Equity indices, financials, Forex Traders, Market Week, Tobin Tax, Trading, US Dollar, US trading, Wrap up
Posted November 24, 2009 by ][-NooM-][ under More Financial, Trading
Annual inflation in Saudi Arabia fell to 3.5 percent in October from 4.4 percent in September, official data showed Sunday. The Kingdom’s cost of living index was 124.3 points in October up from 120.1 points a year earlier, the data published by the official statistics authority showed. “Although inflation has come down on an absolute [...]
Tags: Annual inflation, banking, Benchmark Lending, Central Bank, interest rates, Saudi Arabia, US Dollar
Posted November 16, 2009 by ][-NooM-][ under Benchmark Lending
This gives central bank scope to raise interest rates for a 3rd time this year Australian home-loan approvals rose by the most in six months, increasing the central bank’s scope to raise interest rates for a third time this year. The number of loans granted to build or buy houses and apartments climbed in September [...]
Tags: benchmark rates, Central Bank, finance approvals, home loans, loans, rise, US Dollar
Posted November 11, 2009 by ][-NooM-][ under Benchmark Lending, More Loans
It doesn’t matter what medium you are using to get your financial news, one thing has been fairly consistent-extensive coverage of the US dollar. Whether you are on your favorite financial website, blog, newspaper or television channel, you have most likely stumbled across headlines saying: US dollar rallying, US dollar slumping or US dollar holding [...]
Tags: financial institutions, financial news, Foreign Exchange, Forex Traders, opposing currency, options trading, US Dollar
Posted November 3, 2009 by ][-NooM-][ under More Financial, Trading
US Dollar Overdue for a Technical Bounce, But Fundamental Reversal… The dollar was able to relieve the pressure of suffering its worst trend on recent record by clawing out the first bullish close in eleven consecutive trading days; but that does not mean the burdened currency is necessarily primed for a true reversal. While this [...]
Tags: Benchmark Lending, European economies, forex trading, fundamental, tax receipts, Trading Forecast, US Dollar
Posted October 3, 2009 by ][-NooM-][ under Benchmark Lending, Trading