Currency
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Spending drop hits pound
24 Jul 2008 at 3:06pm
Sterling lost ground on Thursday after a sharp fall in UK consumer spending heightened fears that the country was headed into a recession.
Darkening outlook hits consumer spending
24 Jul 2008 at 4:03pm
The first official sign that consumers are reining in spending to cope with higher living costs and a darkening economic outlook came on Thursday in data showing retail sales growth slowed in June to the weakest annual rate since early 2006
Eurozone growth prospects crumble
24 Jul 2008 at 3:29pm
The eurozone’s economic slowdown has worsened markedly, according to closely watched surveys that show growth prospects collapsing across the 15-country bloc
US home owners cut back refinancing
23 Jul 2008 at 8:27am
The rise in US mortgage rates has prompted a sharp decline in the number of refinancings according to data from the Mortgage Bankers Association
View of the day: Not so safe havens
23 Jul 2008 at 7:16am
The Swiss franc and the Japanese yen, despite being viewed as safe haven currencies, have failed to outperform during the credit crunch
Paulson lifts dollar from lows
22 Jul 2008 at 8:02am
The dollar rallied from close to a record low against the euro on Tuesday after Hank Paulson, US Treasury Secretary, moved to calm fears over the health of the US financial system.
A bizarre five days for all to remember
18 Jul 2008 at 1:54pm
Michael Mackenzie and John Authers look at the remarkable events in the financials markets over the last week
Trichet sees eurozone growth rebound
18 Jul 2008 at 5:46am
Eurozone growth is likely to rebound later this year after the current weak patch, Jean-Claude Trichet, president of the European Central Bank, has argued in comments that suggested he sees the region avoiding a severe downturn
Public finances worsen
18 Jul 2008 at 3:05am
The UK’s finances have deteriorated faster than expected as the economic slowdown takes its toll on tax revenues, official data showed on Friday
New York construction boosts US housing
17 Jul 2008 at 6:01am
New US housing starts rose an unexpected 9.1 per cent in June, but economists cautioned against interpreting the jump as evidence of a bottoming of the US residential property market
The Short View: On sterling
16 Jul 2008 at 4:06pm
John Authers says the sterling likely to come down against the dollar as overnight rates pricing cuts
Sovereign funds cut exposure to weak dollar
16 Jul 2008 at 3:24pm
Some of the world’s largest sovereign wealth funds are seeking to scale back their exposure to the US dollar in a sign of global concern about the currency
Sharpest rise in US prices for 17 years
16 Jul 2008 at 1:24pm
Ben Bernanke tells Congress that inflation is ‘too high’ and bringing it down is ‘top priority’ as data shows that consumer prices rise at an annual rate of 5% in June
Growing fears over financials hurt dollar
15 Jul 2008 at 6:49pm
A dollar sell-off swept the currency to a new low against the euro as fears grew for the US financial sector and markets rejected plans to rescue Fannie Mae and Freddie Mac
UK consumer inflation hits 16-year peak
15 Jul 2008 at 3:05pm
Unions dismissed calls from the chancellor to curb pay demands as inflation hit its highest level for 16 years, leaving little prospect of near-term cuts in interest rates
Source: Financial Times
November 27 2007 08:31 am
