Australia looks to be holding interest rates unchanged
Last Updated on Wednesday, 20 April 2011 01:54 Written by BingoEnt Sunday, 3 April 2011 11:04
RBA (Reserve Bank of Australia) looks to be holding interest rates unchanged, the benchmark 4.75% is the highest benchmark in the developed world.
UK base rates expected to remain unchanged
Last Updated on Wednesday, 20 April 2011 01:54 Written by BingoEnt Sunday, 3 April 2011 09:10
The Bank of England is expected to leave its base rate, to which lenders’ rates are tied, at its record low of 0.5pc on Thursday.
ECB rate hike possibility hurts $
Last Updated on Wednesday, 20 April 2011 01:54 Written by BingoEnt Sunday, 3 April 2011 08:01
The growing belief that the European Central Bank will be the first central bank to raise interest rates at a policy meeting next Thursday put pressure on the dollar this last week.
Oil, Treasuries up; Gold off
Last Updated on Wednesday, 20 April 2011 01:54 Written by BingoEnt Sunday, 3 April 2011 07:30
London Brent crude futures for May finished up $1.34 at $118 a barrel. U.S. crude settled up $1.22, or 1.14 percent, at $107.94 a barrel, its highest close since September 2008.
US inventories have dropped to a nine month low
Last Updated on Wednesday, 20 April 2011 01:54 Written by BingoEnt Sunday, 3 April 2011 06:39
Declining US corn supply underlines surge in futures, US inventories have dropped to a nine month low and have declined by 15% from a year eariler.





