External Feeds

View of the Day: Dollar rally over?

2008-11-19T15:32:18Z

The dollar has lost several important sources of support says David Powell at Bank of America...(read more)

Dovish Bank minutes leave pound unscathed

2008-11-19T10:27:21Z

The pound edged higher on Wednesday after the minutes of the Bank of England's monetary policy committee revealed all nine members voted for an interest rates cut earlier this month....(read more)

Bank of England considered 2% rate cut

2008-11-19T10:00:03Z

The Bank of England's Monetary Policy Committee voted unanimously to slash the bank rate by 1.5 percentage points earlier this month, and considered an even larger cut, underscoring its concerns about tighter credit conditions globally and the marked decline in consumption and demand at home...(read more)

Moody's lowers Citic Group rating

2008-11-18T17:18:55Z

Moody's downgraded Citic Group, the investment arm of China's State Counci, saying that its recent decision to bail out a Hong Kong affiliate raised concerns about its creditworthiness...(read more)

Sterling rally stalls after inflation drops

2008-11-18T10:49:42Z

The pound halted its recovery after data showing British annual consumer prices falling for the first time in over a year cemented the idea of further rate cuts from the Bank of England in traders' minds...(read more)

Inflation falls more rapidly than expected

2008-11-18T10:10:50Z

Consumer price inflation tumbled far more rapidly than expected in October to an annual rate of 4.5 per cent from 5.2 per cent the previous month, implying that prices may be falling even faster than recent estimates...(read more)

More troubles emerge among derivatives

2008-11-18T02:00:00Z

Further stress emerged in the long-term US interest rate derivative market on Monday, with the latest episode of pain coming from impaired exotic trades based on the Japanese yen...(read more)

View of the Day: UK recession

2008-11-17T16:32:40Z

The prospect of a fiscal boost in the Pre-Budget Report and the recent fall in sterling will not prevent a severe UK recession says Jonathan Loynes at Capital Economics...(read more)

Insight: The dollar is a flawed currency

2008-11-17T16:05:23Z

This is an excerpt from this week's View from the Markets online interview with investor Jim Rogers...(read more)

Sharp fall in French business confidence

2008-11-17T13:05:22Z

The French economy will contract by 0.5 per cent in the fourth quarter of 2008, following further falls in business confidence and industrial output, according to a survey published by the Bank of France...(read more)

Sterling recovers from record lows

2008-11-17T11:25:50Z

Sterling recovered from early losses as as traders took profits after a fresh slide provoked by comments from George Osbourne, the UK opposition party's finance spokesman....(read more)

Pound recovers from record euro low

2008-11-14T11:00:57Z

The pound regained some poise on Friday after dropping to a fresh record low against the euro and a six-and-a-half year low against the dollar overnight...(read more)

France defies recession expectations

2008-11-14T10:00:16Z

The French economy grew by 0.1 per cent quarter-on-quarter from July to September defying expectations that it would immediately follow Germany into a technical recession....(read more)

Rupiah plunges after forex changes

2008-11-13T16:20:14Z

The rupiah fell 3.6 per cent to a 7½-year low as investors took the view that a new Indonesian central bank regulation restricting some foreign exchange purchases might be a precursor to currency controls...(read more)

View of the Day: US investors and the dollar

2008-11-13T15:23:14Z

Foreign investors are likely to keep funding America's twin deficits even as the US budget deficit soars, says UBS strategist Mansoor Mohi-uddin...(read more)