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.

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