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12739.69 |
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-127.09 |
 | FTSE |
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6204.7 |
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-66.1 |
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6431.38 |
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-51.28 |
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2442.79 |
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-8.45 |
 | NIKKEI |
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13655.34 |
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-287.92 |
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| Further Rate Cuts Anticipated as Credit Crunch Tightens Its Grip | | |
| The Bank of England cut interest rates by 0.25% to 5.00% at its April policy meeting. In cutting rates the MPC once again highlighted the dilemma it faces given elevated inflation expectations and downside risks to growth. However, it also ack... |
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morning comment
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previous comments
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| Modest Lift for Euro from ECB Tone | | A hawkish ECB provided a bit of a lift for the euro versus the dollar and sterling yesterday, with Trichet showing no real softening in tone at yesterday’s press conference. There had been some talk that the recent run of surprisingly weak euro... |
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| As at 07.33 Friday, 09 May 2008 |
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weekly market brief
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weekly market view
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| It’s a busy week on the US data front, with retail sales and the CPI for April likely to top a packed agenda . . .* Meanwhile, a host of Fed speakers (including Bernanke) are scheduled over the course of the week and markets will be looking for ... |
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| As at: 15.14 Friday, 09 May 2008 |
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| The European Central Bank is expected to leave official interest rates unchanged at its policy meeting on Thursday..... |
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| As at: 10.36 Tuesday, 06 May 2008 |
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exchange rate monthly
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irish housing market
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| April/May |
| EXCHANGE RATE OUTLOOK . . . ***Dollar sentiment remains negative on poor US outlook *** Euro continues to be supported by steady ECB***Sterling struggles as markets anticipate further UK rate cuts***Yen slips but outlook positive as investors s... |
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| May/June |
| The adjustment in house prices continues. According to permanent tsb/ESRI data, the average house price declined by a further 0.7% in March, the 13th consecutive monthly fall in prices. Prices are now down by 9.5% from their peak (which occurr... |
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| 08.05.2008 |
| ECB WATCH - The European Central Bank again left interest rates unchanged at its policy meeting today. The decision to leave rates on hold at 4% was expected and means that rates now have been unchanged since June of last year. The continuing di... |
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