U.S. dollars mobilized in the capital during the European trading session, and then moved later in the day, despite stronger than expected U.S. economic data.
- U.S. dollar profit in the risk of hatred, rather weak consumer confidence in the United States eventually cool the rally?
- Euro dipping to the lowest level since April 2006 as president of the ECB’s Trichet signals rate cut next week
- British Pound dipping to 6 years Lows reject Carry Trade
- Carry Trade: Japan proposes intervention in the yen trip to Australia proved not always work
U.S. dollar profit in the risk of hatred, rather weak consumer confidence in the United States eventually cool the rally?
U.S. dollars mobilized in the capital during the European trading session, and then moved later in the day, despite stronger than expected U.S. economic data. Indeed, the Commerce Department reported that U.S. new home sales increased 2.7 percent in September from the month before the annual rate of 464,000. Look at the details in the report, the level of supply eased to 10.4 months from 11.4 months, the average 9.1 percent price fall from one year to $ 218,400, indicating that the values that encourage the purchase of lower. However, with the remaining credit conditions in the city in May, is quite difficult to get a home mortgage buyer. Combine that with the meanness in the labor market and the marked slowdown in the United States, and the prospects for housing are not visible either. So, I’m somewhat skeptical of this “positive” report and will not go as far as this is a sign of the call, and the bottom. But, I think residential investment will continue to create a drag on the economy, Bath Thursday U.S. Q3 GDP figures.
A look ahead to Tuesday, the release of U.S. economic numbers in May are several reasons for that, in many countries are in the midst of the recession. Indeed, at 9:00 ET, August, the S & P / Case-Schiller house price index will fall by 16.6 percent from the previous year, marking another record decrease. Then in the morning at 10:00 ET, the Conference of the Board consumer confidence index is expected to fall to 52.0 from 59.8 in October. Although this will be even worse in June low, this is a historic opportunity startling number of looms as a record low in December 1974 to 43.2 (note back to 1967). Economic this publication has the potential to weigh on the U.S. dollar from speculation that the Federal Reserve cut the level of weight on 29 October. However, if risk trends and continue to dominate the market, frog May offload and data about flight safety
By ozant on Oct 31, 2008
wah kacau nehh..
krisisnya.. tadi aku lihat motorola phk 3000 karyawannya karena rugi 400 juta dolar selama 3 bulan. kasihan ya..
mudah2 an kita gak kena dampak krisis global ini
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