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| Articles about Inflation |
| Calculating inflation adjusted future expense amount | | 2008-07-19 11:13:00 | | All of us are worry about inflation. Inflation can not only raise the cost but also able to drag down your living standard to pit holes. In a best investment plan or financial plan, a financial advisor or an investment consultant should be able to calculate the future possible inflation rates and advise investments that able to beat inflation as well as provide inflation adjusted returns to his or her client after certain years.As an individual, we should have well idea about how calculate our inflation adjusted expense in the future. If the present expense is 10,000 per month in any currency with present inflation rates but, in the future, say after 15 or 20 years, an expected inflation of 5% or 7%, then how can you calculate the amount required to bear each months expenses at that time?Here is a simple but very effective calculation method that you can use to identify the total amount you required each month after 20 years and expected inflation rate is 7%.The formula for the same is | | By: the ultimate value investing wisdom | | |
| | Inflation inches up to 11.91%, may force RBI to increase rates | | 2008-07-18 11:50:00 | | I met RBI Governor Y V Reddy. Governor said there is still pressure on prices. I am in broad agreement with him," Chidambaram told reporters after a Cabinet meeting on Thursday. "So, if these monetary measures take effect, Governor expects some moderation (in inflation) over a period of time," he said.During the week ended 5th July, inflation moved up marginally by 0.02 percent to a 13-year high of 11.91 percent.In the comparable period last year, the rate of price rise was 4.61 percent.Food ite | | By: Forex Trading House (USA) | | |
| | Stocks as an Inflation Hedge | | 2008-07-16 22:13:31 | | Monday's column about the value of stocks as an inflation hedge generated a flurry of responses.Some readers pointed out that just because stocks have generated better real returns (i.e. after inflation) than bonds, real estate, or precious metals over the past couple hundred years, it doesn't guarantee that they will in the future.I whole heartedly agree. Not much in life comes with an ironclad guarantee and certainly not the stock market. Of course, there are no guarantees with other assets, either.Debt securities that come with a guarantee of interest payments and a return of principal, for instance, offer low annual returns. And, remember, those guarantees are only as good as the guarantor, whether corporate or sovereign.And even with the most conservative investments, you still don't know what your return will be after inflation. (The sole exception is Inflation-Protected Treasuries, which currently yield 1%.) For example, you can buy and hold a 10-year Treasury bond guaranteeing | | By: Finance fantasy | | |
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| Of Course There is Inflation | | 2008-07-16 09:28:05 | | Last month saw the data rather skewed when it came to inflation, but when you dug in deep, you could see inflationary pressures existed and Big Ben Bernanke, even the dovish Janet Yellen, warned of inflationary risks. Today saw reality hit the airwaves with the release of the CPI data.
This morning’s numbers were even better [...] | | By: Florida Mortgage Report | | |
| | Downturn gains steam as inflation roars ahead | | 2008-07-16 07:13:00 | | By Martin Crutsinger and Jeannine Aversa, AP Economics Writers Inflation rises at fastest pace since early 1980s as Fed chair warns of more trouble WASHINGTON (AP) -- The U.S. economic downturn gained steam Tuesday, with a report of the highest inflation since the early 1980s, more bad news for banks and automakers and a suggestion by the Federal Reserve chief that worse days are ahead.President Bush sought to bolster confidence by declaring that the financial system was "basically sound," but he conceded: "It's been a difficult time for many American families."The Labor Department said wholesale inflation, driven by skyrocketing gas and food costs, rose by 9.2 percent for the 12 months ending in June -- the fastest pace since the summer of 1981, during another energy crunch.At the same time, consumers hit the brakes hard despite a massive infusion of government stimulus checks. Retail sales turned in their poorest showing in four months.Federal Reserve Chairman Ben Bernanke delivered | | By: How to be Rich, Happy and Free from Scams | | |
| | Flexible policies curb inflation | | 2008-07-16 05:05:00 | | Tightened but flexible monetary policies have begun to suppress inflation, according to experts at a seminar in Ha Noi on Monday.
The flexibility of these policies is cited as the reason for the general balance of payment in the first half of the year slowing down. It increased just 4.48% over late last year, lower than the 20% jump in the same period last year.
The State Bank of Viet Nam (SBV) | | By: Vietnam Business Finance News | | |
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| Experts warn of economic deadlock after high inflation | | 2008-07-16 04:33:00 | | The tightened monetary policy and high interest rates both have helped restrain inflation. However, when inflation is partially curbed, Viet Nam should think of slashing interest rates or the national economy will fall into a post-inflation deadlock.
30% inflation rate possible
The inflation rate for the first half of the year reached 18.44%, the highest increase in recent years.
Nguyen Duc | | By: Vietnam Business Finance News | | |
| | Bernanke warily lifts US growth outlook, warns on inflation | | 2008-07-15 11:37:00 | | WASHINGTON - THE US economy is growing a bit faster than expected and could avert recession, Federal Reserve chairman Ben Bernanke indicated on Tuesday, while citing a 'critical' need to keep inflation expectations in check.Mr Bernanke also said a 'top priority' of the central bank would be to keep financial markets functioning, and that the Fed was paying close attention to the troubles of mortgage giants Fannie Mae and Freddie Mac.The Fed chairman, delivering his semiannual forecast to Congress, indicated that his outlook for better growth and cooling inflation remained subject to a 'high degree of uncertainty'.The central bank called for 2008 growth in a range of 1.0 to 1.6 per cent, up from an April projection of 0.3 to 1.2 per cent.The inflation outlook was hotter at 3.8 to 4.2 per cent for overall prices but the outlook for 'core' inflation excluding food and energy was unchanged at 2.2 to 2.4 per cent. -- AFP | | By: How to be Rich, Happy and Free from Scams | | |
| | Vietnam’s Challenge: Meeting the Inflation Threat | | 2008-07-14 16:38:00 | | Like many other countries in the region, Vietnam's economy is export-driven, energy dependent and labor intensive. Vietnam's economy had been working very well as long as energy remained cheap and American consumption was high. But as the credit crisis hit the U.S. and consumers spent less, and rising oil and food prices led to double-digit inflation throughout the region, Vietnam's economy took a downturn. Imported oil surpassed export earnings and created a trade deficit which ballooned to US$14 billion in the first five months of 2008, from US$11 billion for all of last year. “We're in a situation now, and have been, where we have very big capital inflows financing a big trade deficit,” said Jonathon Pincus of the United Nations Development Program.The global rise in oil and food prices has worsened inflation, which has also increased due to an explosion of credit from banks looking to profit from the boom. Many smaller and newer joint-stock banks that were opened up in the last | | By: Vietnam real estate news | | |
| | Inflation to touch 17 pc by September: Barclays | | 2008-07-13 07:14:00 | | Global investment banker Barclays Capital has projected that inflation may surge to 17 per cent by September on back of another round of hike in fuel prices in the same month."We believe WPI inflation will remain in double-digit territory until May 2009. We expect WPI inflation of 17 per cent by September 2008," the report said.For the week-ended June 28, wholesale prices-based inflation touched a new 13-year high of 11.89 per cent much higher than the Reserve Bank's tolerance limit of 5.5 per cent for the current fiscal.According to the report, the government is likely to hike fuel prices between 10 and 20 per cent again as early as September to limit fiscal risks.Rise in the price of the Indian crude oil basket to USD 145-150 per barrel from the current USD 132 per barrel could be the trigger for another round of increase in fuel prices, it said.The government last revised retail petroleum prices with effect from June 5, when petrol prices was increased by Rs 5 a litre, diesel by Rs | | By: Indian stock markets | | |
| | Is your portfolio tackling inflation? | | 2008-07-13 06:40:00 | | Inflation is the increase in general price levels in an economy. What it means is that in an inflationary economy your money won't buy as much today as it did before. Inflation is a decline in the purchasing power of money. So what happens to your investments when inflation shoots up?Inflation is often termed as devil by the common man. The grocery bills find their way up while the value of your hard-earned money plummets. Money is not safe in fixed deposits or post offices schemes - inflation will be eroding your money locked there.It is difficult for investments yielding single digit returns to keep pace with inflation. Be it soaring oil prices or global factors, inflation is here to stay and investors must learn to cope with it.Traditionally, real estate and equity have known to beat inflation. Property prices in many cities have saturated at high levels. Coupled with it, banks are increasing their lending rates. Hence, investments in property may be difficult for some.Stock markets | | By: Indian stock markets | | |
| | | Subsidies slowing Morocco's inflation to 3.1% | | 2008-07-10 18:10:00 | | According to the High Planning Commission (HCP), Moroccan consumer prices are likely to rise 3.1% this year, compared with 3.8% in 2007, as subsidies on fuel and basic foods offset soaring world commodity prices. Year-on-year inflation was 5.4% in May. Finance Minister Salaheddine Mezouar (pictured above) last month forecast annual inflation of 2.7% to 2.9%, up from an initial estimate of 2.0%.The HCP said inflation would be below the rate in many developing countries because of the state subsidies, which would cost more than MAD 40 billion this year, way ahead of the MAD 15 billion foreseen in the 2008 finance law.Morocco imports all of its petroleum needs and around half its grain.The subsidies shield the country from high imported fuel and commodity prices and allow the 14% of Moroccans who live in poverty to feed themselves.The IMF said last month the cost of the subsidies could double as a share of GDP this year to reach about 5%, more than the government spends on investment."Thi | | By: THE VIEW FROM FEZ | | |
| | IMF gloomy on growth, warns on inflation | | 2008-07-09 11:50:00 | | By Alan Wheatley, China Economics EditorTOYAKO, Japan (Reuters) - It is hard to know how far the global financial crisis still has to run, with the extent of further credit losses hinging on what happens to the U.S. housing sector, IMF chief Dominique Strauss-Kahn said on Wednesday."What is sure is that the consequences for the real (economy) sector of the financial crisis are still in front of us," Strauss-Kahn, the International Monetary Fund's managing director, said in an interview.With sky-high food and oil prices adding to the economic pain caused by financial strains, Strauss-Kahn said the IMF was fairly pessimistic about global growth prospects this year and, especially, in 2009.But he told a news conference later that softening growth was less of a threat than inflation, which he said was rampant in some countries."In developed countries, central banks have taken it into account and have the correct monetary policy stance. In emerging countries and some low-income countries, i | | By: How to be Rich, Happy and Free from Scams | | |
| | Guard against a second round of inflation: Tharman | | 2008-07-09 11:37:00 | | By Goh Chin LianSINGAPORE must guard against a second round of inflation. The latter could come about if wages are pushed up just to keep pace with price increases.Finance Minister Tharman Shanmugaratnam issued the warning on Wednesday, noting that Singapore prefers to fight inflation by having a strong Singapore dollar to ward off imported inflation.The Government will also give help directly to those who most need it, instead of trying to bring inflation down for every one as a whole, he said to a gathering of 500 unionists.Mr Tharman's call for restraint comes at a time when workers - especially those in manufacturing, transport and administrative jobs - see inflation eroding their wages, and could press for more pay.Despite wages rising by close to 11 per cent in the first three months of this year, real wages in some sectors fell after accounting for inflation that has reached beyond 6 per cent, according to a recent Manpower Ministry report.Inflation is forecast to slide later th | | By: How to be Rich, Happy and Free from Scams | | |
| | !!!!************* How to cop INFLATION ************!!!! | | 2008-07-08 12:14:12 | | Inflation is raging; stock prices are plunging; everyone is worried. What has caused the inflation? And can it be tamed? First, of course, the phenomenal rise of worldwide oil prices. Not because oil consumption has jumped all of a sudden but because speculators have become active in the ‘oil futures’ market. We cannot ban speculation or ‘future trading’. But we can insulate ourselves from the oil shock. To achieve this, we should immediately allow the rupee to become stronger. We should revalue the rupee. That will lower the price of oil to the Indian consumer, making a big dent in inflation. Any side effects? Obviously, exports will get affected. But government can help exporters in various ways. China has been doing it for years. For example, the Chinese government allots a piece of land to a loss-making exporter who makes money by developing the land commercially. We should also curtail our energy consumption. We consume three times more energy, as percentage of GDP, than t | | By: Just Watch And Click | | |
| | | Financial Collapse! - Is This The End Of The American Dream? Foreclosures, Inflation And Unemployment Skyrocket As Factories And Businesses Close | | 2008-07-03 14:04:00 | | Is this the end of the American Dream?In case you haven't noticed, quite a few negative financial stories have come out in the last couple of days:-Starbucks has announced that it will close 600 stores in the United States.-Merrill Lynch is warning that General Motors may face bankruptcy.-New foreclosures almost quadrupled in Los Angeles and more than doubled in Miami in the second quarter from a year ago.-Fortis, a major European financial institution, expects a complete breakdown of the American financial markets "within days or weeks".-Chrysler is shutting down its St Louis minivan plant, cutting production of its top-selling vehicle and 2,400 factory jobs.Are we all starting to get the hint yet?The party is almost over.Closely examine the two charts posted at the top of the article. The information in them is absolutely shocking. They show that the bank crisis that the Federal Reserve is currently trying to solve is much worse than we have been told in the media. The collapse of ou | | By: Shattered Paradigm | | |
| | Is Inflation Just About Pumping Something Full of Air? Part II | | 2008-07-03 10:41:32 | | Part II
A lot of people think that the cost of living just naturally goes up; they rarely wonder WHY things cost more than they did ten years earlier. The few people who do put some thought into it think that the cost of buying things increased because manufacturing companies want more profit. Others think that [...] | | By: Crosby Finance | | |
| | Is Inflation Just About Pumping Something Full of Air? Part I | | 2008-07-03 10:39:49 | | Once Upon A Time…men (and women) exchanged goods and services with each other and they called it “bartering”. In effect, they were exchanging something that they owned for something that they wanted or needed. What they owned may simply have been their time and strength, so they would labor for somebody else in exchange for [...] | | By: Crosby Finance | | |
| | How real estate developers contriving in the age of inflation? | | 2008-07-02 15:36:00 | | More and more domestic real estate developers are now seeking foreign partners to develop their projects. The developers can get land for projects allocated, but they are not financially capable enough to develop the projects. Meanwhile, according to the HCM City Real Estate Association, many foreign investors are eyeing real estate projects in Vietnam. They mostly come from South Korea, Malaysia, Singapore and the Middle East. However, observers said that except for a small number transactions in which shares were transferred at low prices, the market has not witnessed any successful deals so far.
| | By: Vietnam real estate news | | |
| | Inflation | | 2008-07-01 11:18:00 | | InflationBy Carlos B. CamachoInflation is the general rise in prices due to the spurious printing of money by a government in a vain attempt to finance a deficit created by an elephantiasic state and which can not be managed due to lack of domestic and international confidence, rendering interest rates extremely high. This increase in the volume of money, which is bigger and faster than the output of goods and services, and interest rates, is usually caused by political instability and the subsequent and constant change of the rules and not by the market. This kind of inflation is usually seen in Third World countries where there seems to be perpetual broken trust between the people and their incumbent ruler as every now and then there is a political upheaval and the ruler is overthrown, or just takes off with his suitcases full of dollars before it is too late as the indigenous currency is being eaten away by hyperinflation.In the United States, and in any other First World country, t | | By: Stories & Straight Thoughts | | |
| | Cavico announces upward inflation adjustments in construction contract values | | 2008-06-30 21:50:39 | | Cavico Corp (OTCBB:CVIC) announced that certain Vietnamese government agencies have made favourable price adjustments to building material prices related to active and ongoing construction contracts between the government and the company. These upward adjustments were made by the government in favour of contractors in...
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| | By: Vietnam Stock Market News | | |
| | Bonds, Dong Gain on Speculation of Slower Inflation | | 2008-06-30 06:49:28 | | Vietnam's five-year bonds rose on speculation inflation will slow, helped by the central bank's three interest-rate increases this year and efforts to curb bank lending. The dong advanced.
Yields dropped by the most in more than a week also as demand for the debt outstripped supply, said Bui Thi Hoa Hong, manager of...
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| | By: Vietnam Stock Market News | | |
| | Inflation control successes | | 2008-06-30 06:40:00 | | The Government’s efforts to control inflation appear to be working, with the price pressure showing signs of easing.
The June consumer price index (CPI) was up 2.14% month-on-month, compared to 3.92 per cent in May, and officials and experts project the slowdown to continue in July and the rest of the year.
In the commodity basket for calculating CPI, food and foodstuff prices, however, | | By: Vietnam Business Finance News | | |
| | Bonds Decline on Inflation Concern; Dong Little Changed | | 2008-06-25 05:36:37 | | Viet Nam's bonds declined for a third day on concern accelerating inflation will reduce demand for debt. The dong was little changed.
The yield on the benchmark five-year bond climbed to a one- week high on speculation a government report this week will show inflation in June accelerated at a pace faster than last...
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| | By: Vietnam Stock Market News | | |
| | Real estate helps in hedging against inflation | | 2008-06-25 03:39:00 | | Mumbai, June 24: Real estate industry though hit hard by high interest rates, Niranjan Hiranandani feels that high rate of inflation might be a blessing in disguise as historically it has always attracted more investment into the sector.“Historically, if you see, people used to invest either in real estate or gold to hedge inflation. Only in recent times people are investing in shares, but real estate is a long-term investment and so it is the best bet for investment when inflation is higher,” Hiranandani Construction’s Managing Director Niranjan Hiranandani said.The higher the inflation, the more the depreciation of rupee and the costlier the properties. Thus when inflation is inching up, people should invest in real estates, the prices of which are certain to go up further, he said.
| | By: India real estate news | | |
| | Inflation key to housing rally | | 2008-06-25 03:20:00 | | Investors are needed to fund a big expansion in stock to cope with Victoria's rapidly increasing population, which is growing at 1.6%, or 82,430 people, a year. Australia's population increased 1.59%, or by 331,872 people, last year, but the country is reportedly experiencing a construction shortfall of 30,000 new houses a year."This kind of population growth will support the housing market, but it means that we're facing a long-term under-supply problem regardless of what may look like an over-supply in today's softening (conditions)."Mr Lawless said buyers, particularly second or third-home owners with strong cash reserves, were well positioned to buy investment properties in the today's environment of flat price growth and oversupply.
| | By: Australia Travel News | | |
| | Gold ETF, an Inflation Hedge or In a Bubble? | | 2008-06-22 04:28:48 | | Commodity ETFs (exchange traded funds) are made up predominantly of things derived or cultivated from the Earth. These include energies, such as oil and natural gas, agriculture, which includes crops and livestock, and metals, like silver and gold. Commodity ETFs are also made up of currency exchange traded funds. An exchange traded fund is similar to a mutual fund with one major difference being that it is traded on the market like a stock.A Gold ETF was launched in March of 2003. Gold ETFs are shares of gold issued as a certificate. This is appealing to some gold investors (coined gold bulls in the marketplace) because they can own gold without having to store the physical inventory.The gold exchange traded fund inventory is securely stored by their holders in vaults. The holder that launched the first gold ETF is StreetTracks Gold Shares. Incidentally, they are also the largest holder of the fund. The corporation holds such a vast amount of gold that it has recently had to find a la | | By: Finance fantasy | | |
| | Investments to beat inflation | | 2008-06-21 09:42:00 | | There are huge concerns and queries from various investors on rising inflation rates. People largely worried about the value of their investments because of the inflation. Most of these investors are in search to find a fail proof solution for there portfolio to give them handsome returns to meet inflation. Yes. An intelligent investor can add such instruments to his portfolio in various forms to shield him against inflation. Below are the best investment instruments to meet these requirements:A well formed financial plan should contain considerable part of investment instruments able to provide very good returns from long run to meet any inflation. A good financial planner should be able to identify the possible future inflations and capable to plan and consider possible methods to beat inflation when he designing a financial plan for his customer.These are some identified investment instrument that could be able to shield your investments against inflation in a long run.1. Investme | | By: the ultimate value investing wisdom | | |
| | Inflation bigger threat to Asean growth than US slump | | 2008-06-20 23:23:00 | | Central banks forced to change direction to combat it: Moody'sBusiness Times - 20 Jun 2008By CONRAD TAN(SINGAPORE) Soaring inflation and the response it triggers from central banks is a greater threat to economic growth in Asia than the downturn in the US, a senior spokesman for ratings agency Moody's said yesterday.Asian central banks that were previously easing monetary policy to help cushion their domestic economies from the impact of slowing growth in the US, Europe and Japan have now been forced to change direction because of a rapid increase in food and energy prices, said Thomas Byrne, a senior vice-president and regional credit officer for Moody's sovereign risk unit in Asia and the Middle East.'Inflation has become our foremost concern,' he said at a news briefing to present the Moody's outlook for South-east Asian banks and governments. 'The policy response to inflation - tightening by central banks or reluctance to ease because of the inflationary pressure - this will probab | | By: How to be Rich, Happy and Free from Scams | | |
| | Workers to get inflation bonus | | 2008-06-20 12:37:46 | | Electrical storekeeper Tan Cheng Yen is getting an extra $400 to take home next month - a one-off payment to help cushion the impact of higher food and oil prices.
‘I can spend it on groceries, like rice, as well as defray the cost of taking public transport to work,’ said the 63-year-old who earns $1,600 [...] | | By: Singapore News | | |
| | Vietnam's inflation and macro-economy still under control | | 2008-06-20 06:11:00 | | With the implementation of eight groups of measures, Vietnam's inflation and micro-economy are still under the government's control, affirmed Minister of Finance Vu Van Ninh.
The minister made the affirmation at an online video conference with domestic and foreign investors with four television link-ups in Hanoi, Ho Chi Minh City, Hong Kong and Singapore on June 19.
Leaders of other ministries | | By: Vietnam Business Finance News | | |
| | Viet Nam Plans Market Operations, Refinancing to Slow Inflation | | 2008-06-19 23:44:00 | | Viet Nam's central bank plans open- market operations and refinancing activities in the next six months to tame the fastest inflation since at least 1992.
The Southeast Asian nation is planning the measures to keep credit growth below 30 percent this year, according to a statement posted on its Web site late yesterday. Credit will be more closely monitored, with loans to be granted principally | | By: Vietnam Business Finance News | | |
| | | Inflation won’t derail equity markets, says Citi | | 2008-06-13 15:00:00 | | By Rita Raagas De Ramos,Robert Buckland, chief global equity strategist at Citi Investment Research, says inflation isn’t a serious threat and suggests taking advantage of investment themes related to rising consumer prices.Global inflation has been rising for about a year, now standing at its highest level since 1999, and is among the main concerns of investors worldwide.However, Citi Global Wealth Management’s analysis of the inflationary forces around the world suggests that this round of rising consumer and producer prices should not damage the equity markets or undercut their nascent recovery.While rising costs and lower sales growth can affect corporate profits, the engine of stock market returns, it’s also important to note that commodity prices are not the most critical component of companies’ costs, says Robert Buckland, London-based chief global equity strategist at Citi Investment Research, which is part of Citi Global Wealth Management. That distinction goes to labo | | By: How to be Rich, Happy and Free from Scams | | |
| | Indian inflation at highest level in more than seven years | | 2008-06-13 02:49:00 | | Inflation based on the the wholesale price index rose 8.75% in the 12 months to 31 May 2008, above the previous week`s annual rise of 8.24%, government data released today, 13 June 2008, afternoon showed. The reading is highest since 10 February 2001, when it was 8.77%. Inflation for the week ended 5 April 2008 was revised upwards to 7.71% from 7.14%. The Reserve Bank of India on Wednesday, 11 June 2008, raised repo rate by 25 basis points to 8% to contain inflation expectations. The repo rate is the rate at which Reserve Bank of India (RBI) lends money to banks under its liquidity adjustment facility. This is the first increase in the repo rate since 30 March 2007. The repo rate is now at its highest since November 2002 | | By: Indian stock markets | | |
| | Cut exposure to emerging Asian stocks on inflation: HSBC | | 2008-06-12 02:59:00 | | SINGAPORE - Investors should avoid exposure to emerging Asian shares as rising inflation threatens to hurt regional currencies, HSBC said in a report. The investment bank said overall it is cutting global equity exposure by 5 percentage points to 54.5 per cent, and turning neutral on stocks in the developed markets as central banks become worried about inflation more than growth. HSBC advised investors to raise cash holdings to 11 per cent from 6 per cent. 'Inflation looks a very real problem in Asia and the risk, as we've said before, is that investors lose faith in the region's currencies,' HSBC strategists wrote in a report on June 11. 'Although markets have fallen savagely from their peaks, they're still looking pricey, especially in context of rapidly rising inflation,' HSBC said. Asian stocks fell to two-month lows on Thursday after oil prices jumped US$5 to near record highs on a report showing four weeks of tightening supply, adding fears about rising inflation. The MSCI index | | By: How to be Rich, Happy and Free from Scams | | |
| | Bernanke vs. Trichet: Who Will Win the Fight Against Inflation? | | 2008-06-10 15:37:18 | | Ben Bernanke is only recently acknowledging the threat of inflation is stronger than he expected (something I have written about since he and the Fed gang started cutting rates). Chances are he is only acknowledging fact due to increasing criticism and the that Jean-Claude Trichet will likely kick his butt in the way to [...] | | By: Florida Mortgage Report | | |
| | Viet Nam to Face `Turbulence' Until Inflation Slows, Fund Says | | 2008-06-10 06:40:06 | | Recent market ``turbulence'' in Viet Nam that has included rising bond yields, tumbling stocks, and a fluctuating currency is unlikely to ease until inflation slows, according to an investment fund focused on the country.
Viet Nam's five-year local-currency bonds have faced ``continued selling pressure'' while the...
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| | By: Vietnam Stock Market News | | |
| | Bonds Rise; Central Bank Raises Rates to Slow Inflation | | 2008-06-10 06:37:51 | | Bonds rose for a second day on speculation inflation will slow as the central bank increased interest rates to 14% today.
Yields are near the highest since at least July 2006 after the Southeast Asian country posted inflation at the fastest in 16 years. The Vietnamese central bank today announced to increase the...
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| | By: Vietnam Stock Market News | | |
| | Viet Nam Raises Key Rate to 14% to Rein in Inflation | | 2008-06-10 06:03:24 | | Viet Nam increased the benchmark interest rate for a third time this year to rein in the fastest inflation since at least 1992 and shore up confidence in the currency and stock markets.
The State Bank of Viet Nam raised the base rate to 14% from 12% to stabilize the economy, according to a statement on the central...
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| | By: Vietnam Stock Market News | | |
| | Curbing inflation - shortcomings remain | | 2008-06-10 01:08:00 | | The Consumer Price Index (CPI) in May showed a dramatic upturn, causing worries among the public and the business community about the country’s economic prospects over the next few months.
What measures should be taken to keep the CPI in check? Dr Nguyen Minh Phong, who is head of the Economic Research Department under the Hanoi Institute for Economic and Social Research and Development granted | | By: Vietnam Business Finance News | | |
| | GE's Dean Says Viet Nam's Inflation Rate Shouldn't Exceed 10% | | 2008-06-10 00:54:00 | | Stuart Dean, Southeast Asia president of General Electric Co., the world's biggest maker of electricity generation equipment, comments on Viet Nam's inflation. Dean spoke in an interview in Kuala Lumpur, where he is based, yesterday.
GE plans to invest about $50 million to build its first factory in Viet Nam which will produce components for the Fairfield, Connecticut company's power generation | | By: Vietnam Business Finance News | | |
| | Bernanke sees no repeat of `70s-style inflation | | 2008-06-04 21:19:00 | | By Jeannine Aversa, AP Economics Writer Bernanke doesn't see repeat of `70s style spiraling prices, wages WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke said Wednesday he does not believe the United States will experience the out-of-control prices seen with 1970s oil shocks.His assessment came in a speech delivered Wednesday to graduating students at Harvard University, where he earned a bachelor's degree in economics in 1975.Back then, the economy suffered from a dangerous combination of stubborn inflation and stagnant growth. There are fears today that the U.S. may be heading in that direction again."We see little indication today of the beginnings of a 1970s-style wage-price spiral, in which wages and prices chased each other ever upward," Bernanke said at Harvard.Then, as now, the U.S. endured a serious oil price shock, sharply rising prices for food and other commodities and subpar economic growth, he said.Today's economy, however, is more flexible in responding to diff | | By: How to be Rich, Happy and Free from Scams | | |
| | Indian Markets nosedive on fears of multiyear high inflation | | 2008-06-04 06:46:00 | | Fears of further spike in inflation to a multiyear high post today`s fuel price coupled with weak global markets created havoc on the bourses. The market witnessed choppy swings throughout the day. Stocks across the board were hammered brutally with all sectoral indices on BSE suffering losses.The market had witnessed a short lived recovery in early afternoon trade soon after the Cabinet Committee on Political Affairs (CCPA) approved the long awaited hike in fuel prices.The 30-share BSE Sensex tumbled 455.99 points or 2.86% at 15,506.57, as per provisional figures. Sensex gained 30.34 points at its high of 15992.90 hit in early trade. It lost 520.22 points at day`s low of 15,442.34, touched in late trade.The broader based S&P CNX Nifty was down 134 points or 2.84% at 4,581.90 as per provisional figures.The BSE Mid-Cap index down 2.31% to 6396.31 and BSE Small-Cap index down 2.04% to 7,721.87. Both these indices outperformed Sensex.In a crucial development, government today agreed to ra | | By: Indian stock markets | | |
| | Inflation breaches 8 percent mark - Navtej Kohli | | 2008-05-30 05:26:04 | | Now when global inflation is roaring aloud, engulfing entire global economy in its vicious spate, here come another reason for government to worry. Navtej Kohli blog features the report:
For the...
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| | By: Navtej Kohli Business Blog | | |
| | Inflation at 8.1% for week ended May 17 | | 2008-05-30 02:02:00 | | The government's administrative and fiscal measures failed to have the desired effect on soaring prices as inflation for the week ended May 17 moved up sharply to 8.1 per cent.Announcing the figure on Friday, Finance Minister P Chidambaram expressed confidence that the government would be able to soon rein the inflation in."It is worrisome, but we are confident of gaining mastery over inflation," he said.The finance minister added that authorities may take more steps to control inflation if needed.Inflation was pegged at 7.82 per cent for the week ended May 10, compared with 7.83 per cent and 7.61 per cent for the week ended May 3 and April 26, respectively. | | By: Indian stock markets | | |
| | Earthquake in China Could Cause Inflation | | 2008-05-28 19:05:00 | | The earthquake disaster which strike China a few days ago could boost inflation the region. Sichuan is an important region for agriculture production in China. The recovery process and reconstruction could add to higher price of some related goods. The pressure is on the transportation cost because of the massive reconstruction needed to repair the damages in the affected areas.However Sichuan is just a small percentage of China GDP, around 4% and the disaster strike on the mountainous area where there just some few factories. An official from the government planner (NDRC) stressed that the quake cannot change the fundamental of economic development for China.
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| | HCM City: in spite of inflation, still achieving fair economic growth | | 2008-05-27 07:01:00 | | On May 26, Chairman of Ho Chi Minh People Committee Le Hoang Quan presided over a meeting to sum up socio-economic achievements in the first five months this year and set targets for the coming months.
According to reports by the city’s Planning and Investment Department, although May’s consumer price index (CPI) increased by 4.24% against April and by 13.78% against the end of 2007, the city | | By: Vietnam Business Finance News | | |
| | Inflation Accelerates to 25.2%; Fastest Since 1992 | | 2008-05-26 22:43:08 | | Vietnamese prices accelerated for a 15th month, indicating that government efforts have yet to pay off in a fight against an inflation rate that Merrill Lynch & Co. says has turned the nation from ``poster to problem child.''
Consumer prices jumped 25.2% in May from a year earlier, the fastest pace since at least...
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| | By: Vietnam Stock Market News | | |
| | India's inflation rate may be revised to 10%: reports the Economist | | 2008-05-26 21:39:00 | | India's inflation rate may be revised to 10 per cent from the latest estimate of 7.82 per cent as data for prices of different commodities is updated, London-based publication The Economist has said."Delays in data collection in India can mean big revisions to inflation... The latest wholesale price rate inflation rate might therefore be pushed up to 9-10 per cent," noted The Economist in its cover story on global inflation.India faces the challenge of high inflation in the coming months, especially due to rising international crude oil and food prices."Prices are also rising partly because loose monetary conditions in emerging economies have boosted domestic demand," the prestigious journal said.India revised inflation figures for the week ended March 15 to 8.02 per cent from the earlier estimate of 6.68 per cent.Referring to ban on futures trading in agricultural commodities, it said, "In the short run such measures may help cap inflation and avoid social unrest, but in the long ru | | By: Indian stock markets | | |
| | European, Asian markets mixed despite inflation concerns | | 2008-05-26 12:23:48 | | European stock markets edged higher Monday after key Asian markets fell amid worries about high oil prices and the U.S. economy on a day when U.S. markets were closed for the Memorial Day holiday. Key stock market indicators edged up in Germany and France but the main market gauges fell more than 2% in Japan and Hong...
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| | By: Vietnam Stock Market News | | |
| | Inflation hits 24% in HCM City | | 2008-05-22 21:16:00 | | After decreasing in two months March and April, the consumer price index (CPI) in HCM City and Hanoi in May increased sharply.
Particularly, in May, HCM City's CPI rose by 4.24% while that were 1.82% in April and 1.92% in March and Hanoi's CPI up by 2.84% against 1.49% in April and 1.9% in March.
In comparison with the same period of last year, HCM City's CPI increased by 24.23% while Hanoi's | | By: Vietnam Business Finance News | | |
| | Inflation Concerns Pressure USD | | 2008-05-22 15:56:00 | | The dollar fell versus most key currencies Wednesday as oil prices surged to a new all-time high increasing inflation concerns. Minutes from the April 29-30 Federal Open Market Committee meeting...
More at: http//moneymakinglounge.blogspot.com | | By: Money Making Lounge | | |
| | Small Businesses (and Their Customers) Feel Sting of Inflation | | 2008-05-21 23:33:23 | | Practically Speaking : By MICKEY MEECE
From 7 a.m., when Mark Roesner arrives at Copley Feed and Supply in Ohio and turns on the lights, until a little after 6 p.m., when his wife, Nancy Roesner, turns them off, the Roesners are reminded of the costs of inflation in ways big and small.
The electricity for the [...] | | By: ArticlesModern | | |
| | Canadian Inflation Unexpectedly Rises | | 2008-05-21 15:38:00 | | Canadian annual inflation unexpectedly rose 1.7% in April from 1.4% the month prior, for the first time in six months. Consumers shelled out more money for gas, transportation and food. The core...
More at: http//moneymakinglounge.blogspot.com | | By: Money Making Lounge | | |
| | Wholesale Inflation Continues to Climb in April | | 2008-05-20 19:03:00 | | In a reversal of what was expected, headline wholesale finished goods prices increased a more modest 0.2 percent while core PPI prices rose a stronger-than-expected 0.4 percent in April. After a...
More at: http//moneymakinglounge.blogspot.com | | By: Money Making Lounge | | |
| | Developer's research indicates higher returns even after factoring in inflation | | 2008-05-20 15:04:00 | | At a time when fixed deposits earn interest at only 2.5 per cent, property companies and agencies suggest buying residential property located close to the mass-transit system - an investment that can generate a return of 7 per cent to 100 per cent.The returns will depend on the term of the investment.According to research by CB Richard Ellis Thailand, resale prices for residential projects located close to the mass-transit system and the Central Business District from the Asoke intersection to Soi Thong Lor range between Bt110,000 to Bt130,000 per square metre. This shows an increase of between 37.5 per cent and 62.5 per cent from Bt80,000 to Bt90,000 per square metre last year.
| | By: Thailand Real Estate News | | |
| | High inflation: You are losing money on FDs | | 2008-05-10 08:10:51 | | Inflation is no longer just eating into your pocket by way of higher grocery bills. It's also eroding the money you've safely put away in a fixed deposit in your bank or post office.
That's because...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]] | | By: Indian Stock Markets Revealed! | | |
| | | Sensex sheds 344 points on weak global cues, higher inflation | | 2008-05-09 08:23:00 | | The market tumbled today hit by a series of bad news on the domestic and global front. India`s inflation surged to more than 3-year high, global markets declined and crude oil hit yet another record high near $125 a barrel.All the sectoral indices on BSE, barring FMCG index, were in red. Oil & gas, realty and banking stocks declined sharply.Inflation based on wholesale prices rose 7.61% in the 12 months to 26 April 2008, marginally higher than previous week`s annual rise of 7.5%, government data released in early afternoon trade showed.European markets, which open after Indian markets, were trading sharply lower. Key indices in UK, France and Germay were down by 1.52% to 2.48%. Asian markets, which opened before Indian market, were trading lower. Key indices in China, Hong Kong, Japan, Singapore, South Korea and Taiwan were down by 0.84% to 2.06%.US stock futures were in the red indicating weak opening on the Wall Street today after the world`s largest insurer, American International G | | By: Indian stock markets | | |
| | Merging small banks to curb inflation? | | 2008-05-09 05:13:07 | | Merging small banks to form bigger ones, loosening the conditions for bank refinancing and removing the ceiling interest rate are the three things suggested by experts to solve banks’ problems.
Dr Nguyen Chung Binh, lecturer at Harvard University:
The channels of distributing capital to the national economy are...
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| | By: Vietnam Stock Market News | | |
| | India inflation at 31/2 year high | | 2008-05-09 03:19:00 | | India's annual inflation is expected to remain at 3-½ year highs in late April due to rising food and oil prices, a Reuters poll of 10 analysts showed on Thursday. The wholesale price index is forecast to have risen 7.61 percent in the 12 months to April 26, the highest since Nov. 13, 2004 when it stood at 7.68 percent. It rose 7.57 percent in the previous week. The federal government, under pressure to contain prices ahead of state polls this year and national elections due by next year, has cut import duties on edible oil and curbed rice exports. On April 29, the central bank raised the proportion of deposits that banks must set aside by a quarter point to a seven-year high of 8.25 percent, effective May 24, saying it wanted to push inflation back to around 5.5 percent in 2008/09. It followed a 50 basis points increase in the reserve ratio announced earlier last month to absorb inflation-fuelling excess cash from the banking system. The data is due around noon (0630 GMT) on Friday. | | By: Quick Scrip | | |
| | Bank shares down after inflation data | | 2008-05-09 02:26:00 | | The market witnessed a bout of volatility after the latest data showed a surge in inflation to highest level in more than three years. Banking and oil & gas stocks edged lower. The market breadth was positive.Inflation based on wholesale prices rose 7.61% in the 12 months to 26 April 2008, marginally higher than previous week`s annual rise of 7.5%, government data released in early afternoon trade showed.Asian markets were trading lower. Key indices in China, Hong Kong, Japan, Singapore, South Korea and Taiwan were down by 0.60% to 2.06%.At 12:20 IST, the 30-share BSE Sensex was down 31.87 points or 0.19% at 17,048.78. The index lost 106.03 points at day`s low of 16,974.62, hit in early trade. Sensex rose 45.3 points at the day`s high of 17,125.95, hit in early trade.The broader based S&P CNX Nifty was down 12.85 points or 0.25% at 5068.85.The market breadth was positive on BSE with 1275 shares advancing as compared to 1177 stocks that declined. 69 stocks remained unchanged.The BSE Mid | | By: Indian stock markets | | |
| | Market to stay cautious ahead of inflation data | | 2008-05-09 00:19:00 | | The market is likely to turn cautious ahead of inflation data to be released for the week ended 26 April 2008 by noon today. Soaring crude oil prices and no visible cooling in the prices of primary articles, inflation is likely to be more or less near previous week`s levels.The spiralling inflation has been the biggest cause of concern for Indian equities market. The wholesale price index (WPI) in the week ended 19 April 2008 had galloped to a fresh three-and-a-half-year high of 7.57% from 7.33%. The WPI remained above the 7%-mark (significantly above RBI`s revised target of 5.5% for the year) for the past four weeks.The recent rally in crude oil may also continue to weigh on investor sentiment. Oil rallied to strike a fresh record to an all-peak of $124.61 a barrel, after settling up 16 cents at $123.69 yesterday, 9 May 2008 as strong diesel demand outweighed signs of rising OPEC supplies.With results already declared from majority of the frontline corporates, the result season has al | | By: Indian stock markets | | |
| | inflation??? | | 2008-05-08 21:30:41 | | since I had some chores to do today, I didn't go to the lobby last night. nor did I go to sleep yet. yeah. I normally go to sleep around 5 or 6am every morning. but since I had to go do some visa stuff at the chinese embassy and the thai immigration, I stayed up. I thought to myself - today was the best day to get things done...as it turns out, it was the wrong day. you see, when I got to the thai immigration office, it was closed for some holiday. a wasted morning, and I still haven't gone to sleep yet. ugh!while riding the bus back to my place, I said to myself, I have to do something to make up for this wasted morning. so, I decided to go shop for some groceries. get this, prices for almost everything has sky rocketed. I couldn't believe my eyes. stuff that would have cost me about 160 baht last week burned a hole in my wallet to the tune of 230 baht!!!!yeah. I know you big spenders in the states are probably saying that this is no big deal. and yes, if you compare the | | By: Life of a Lounge Lizard | | |
| | Returns that beat inflation and taxes | | 2008-05-06 09:33:00 | | I was going through an interesting statistic in Times of India today- 6th may 2008. The article saysIf you has invested Rs 10,000 a year ago in any of the following today it will be worth1) Nifty -12595 ( ideasmoney comments--- this is roughly 26%. It manages to beat current inflation rate . effective return 26%-7.5%= 18.5%, no tax as long term capital gains rate for equity is 0%. , dividends that you would have got are a bonus!!)2) Sensex -12502 ( ideasmoney comments--- this is roughly 25%. | | By: Personal Finance | | |
| | Inflation? Recession? | | 2008-05-05 11:42:53 | | The Drive By's and politicians keep telling us how bad the economy is and how out of control prices are. The problem for the MSM and pandering politicians is that this just isn't true.
The Sunday NY Times had a chart yesterday illustrating that more than 30 goods have FALLEN in price over the last year. These goods included:
Citrus fruits: -9.5%
Lettuce: -3.2%
Pork chops: -1.3%
Ham:...
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| | By: Copious Dissent - Your Daily Dose of Liberty | | |
| | Viet Nam to curb credit growth to battle inflation | | 2008-05-05 06:47:40 | | Viet Nam's central bank said it would try to rein in inflation by limiting loans to consumers and stock and property investors as the country faces the prospect of a credit ratings downgrade over fears its economy is overheating.
Standard & Poor's cut its outlook on Viet Nam's sovereign rating to negative from stable...
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| | By: Vietnam Stock Market News | | |
| | India's inflation rate now at 42-month high | | 2008-05-02 06:05:00 | | India's annual rate of inflation shot up to a 42-month high of 7.57 percent for the week ended April 19, even as Finance Minister P. Chidambaram appealed to the people Friday to remain calm with an assurance that prices will be tamed soon.The inflation rate moved to the new 42-month peak from 7.33 percent for the week ended April 12 because of an overall increases in prices of both food and non-food articles, fresh data on the official whole sale price index showed.Significantly, the statistics | | By: Brand Mantra | | |
| | Inflation at highest level in more than three years | | 2008-05-02 05:33:00 | | The wholesale price index rose 7.57% in 12 months to 19 April 2008, accelerating from the previous week`s annual rise of 7.33%, government data released today, showed. The rate was the highest since a reading of 7.68% on 13 November 2004. During the reporting week, prices of tea shot up by 17 per cent, even as other food items like milk, rice, vegetables and mutton became dearer.Among other commodities, the prices of light diesel oil and furnace oil went up by 2 per cent and by 1 per cent respectively.In the manufactured products category cast iron pipes jumped by 51 per cent, pig iron by 8 per cent and steel sheets by 2 per cent.The annual rate of inflation, based on Wholesale Price Index (WPI), has been rising despite fiscal and monetary measures taken by the government recently.While the government has banned export of certain commodities like non-basmati rice and pulses and reduced customs duties on various other items to rein in inflation, the Reserve Bank of India (RBI) has raise | | By: Indian stock markets | | |
| | Fed Cut Rates Yesterday, Says Will Stop Causing Inflation | | 2008-05-01 16:06:54 | | Yesterday the Fed cut the Fed Funds Rate another .25%, bringing it down to an even 2%. Good news for those of you carrying more debt on credit cards, and there are plenty of you out there, according to the data.
But what is the real benefit behind yesterday’s Fed announcement?
Well, hidden in the wording [...] | | By: Florida Mortgage Report | | |
| | Federal Reserve may Want Inflation | | 2008-04-30 08:20:11 | | We are now importing inflation. This does not only apply to the cost of commodities, such as oil, but also to consumer goods imported from Asia. This is a newer trend as, in our analysis, Asia had been exporting deflation until the summer of 2006; since then, we have seen increased pricing power by Asian exporters.Inflation is not just a U.S. phenomenon; as Asian economies are far more dependent on agricultural and industrial commodities, rising inflation may become a serious concern in the region. The stronger and more prudent Asian central banks may realize that allowing their currencies to float higher versus the U.S. dollar may be the most effective way to combat inflationary pressures.Available credit is likely to continue to be tight. In a move former Federal Reserve ("Fed") Chairman Paul Volcker referred to as being at "the very edge" of the Fed's legal authority, the Fed engineered a bailout plan to avoid bankruptcy for Bear Stearns, up until recently a major investment bank. I | | By: All About Investiment | | |
| | India interest rate hike uncertain; high inflation, slow growth seen key | | 2008-04-28 09:30:00 | | The Reserve Bank of India (RBI) is likely to unveil Tuesday a slew of measures to tackle inflationary pressures and the economic slowdown in its annual monetary policy report for 2008-2009.India's wholesale price index (WPI), the most widely watched indicator for gauging inflationary trends, was at 7.33 percent on April 12, almost 200 basis points higher than the 5 percent limit set by the central bank, due to higher food and fuel prices.Most economists feel that the central bank will leave the bank rate and cash reserve ratio (CRR) untouched, but will raise the repo rate and reverse repo rate to suck liquidity from the banking system.The central bank hiked the CRR by 50 basis points on April 17 to be implemented in two stages on April 26 and May 10, in order to drain about 185 billion rupees ($4.6 billion) of excess liquidity from the system. This increase will take the CRR to 8 percent on May 10 from 7.75 percent now.Tushar Poddar, economist at Goldman Sachs said he expects the centr | | By: Indian stock markets | | |
| | Moves to curb inflation may hurt loans: Bank | | 2008-04-26 04:10:41 | | The loan market could be hurt by speculation that the government plans to tighten credit to slow inflation, the Viet Nam Bank for Industry and Trade has warned.
“The credit and capital markets may face difficulty because of government policy in the months ahead,” Nguyen Anh Tuan, deputy director of the banking...
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| | By: Vietnam Stock Market News | | |
| | Macau PR will receive a one time $5000 cash subsidy, $3000 for non-residence to fight inflation 澳門財政盈餘 每人發5千澳門幣緩解通脹 (澳门财政盈馀, 每人发5千澳门币缓解通胀) | | 2008-04-24 07:11:00 | | Every permanent resident and non-permanent resident of Macau will receive a one-time government subsidy of $5,000MOP and $3,000MOP before July the latest, due to the influences of growing living costs and the rise of inflation. SAR government would spend about $2 billion MOP on the subsidies, giving the money to the eligible 527,000 Macau Identity Card holders, which include 67,000 residents who are studying or living aboard.澳門大發紅包，近年博彩收益大增，特區政府決定把結餘當成紅利和人民共享。特首何厚鏵宣布將發給每位永久居民五千元澳門幣回饋居民, 爭取在今年7月份實施。現時持澳門智慧身份證的52.7萬名居民中，有46.1萬人是永久居民，6.6萬人是非永久居民, 這52萬 (包括6.7萬名在海外居住或留學的澳門居民) 持證人全都可以獲發這筆紅利，澳門政府將會支出20億元, 以緩解高通脹給市民帶來的壓力。 | | By: SeeMacau | | |
| | ECB can't get its story straight as EURUSD does a dance around 1.6000 level. Australian inflation data pushes AUDUSD to new highs. | | 2008-04-23 10:13:23 | | The Bank of Canada cuts 50 bps, but offers marginally less dovish guidance than expected. Bank of Norway decision in focus today. MAJOR HEADLINES – PREVIOUS SESSIONBank of Canada cut rate 50 bps to 3.00% as largely expected. US Mar. Existing Home Sales out at 4.93M vs. 4.92M expected US Weekly ABC Consumer Confidence out at -40 vs. -39 the previous week Japan Mar. Adjusted Merchandise Trade Balance out at ¥770B vs. ¥890B expected Australia Q1 Headline Consumer Prices increased 4.2% YoY vs. 4.0% expected France Mar. Consumer Spending fell -1.7% vs. -0.2% expected Sweden Riksbank kept rates unchanged at 4.25% as expected EuroZone Apr. Preliminary PMI Manufacturing out at 50.8 vs. 51.6 expected and PMI Services out at 51.9 vs. 51.5 expectedTHEMES TO WATCH – UPCOMING SESSIONKey Risk Events (All times in GMT) Bank of England Minutes (0830) Bank of Norway announces Deposit Rates (1200) Bank of Norway's Bergo to speak on CB Rates (1245) Canada Feb. Retail Sales (1230) US Weekly Crude Oi | | By: All About Investiment | | |
| | ECB will raise the interest rates due too the inflation | | 2008-04-18 09:10:29 | | EUR/USD (1.5904)European & US sessions forecast levels: 1.5840/1.5985Trend Sessions: European: NeutralUS: NeutralMarket Focus: 2:00 AM German PPI.Daily Strategy: After the new record of the dollar the market is flat. The Euro/Dollar is in consolidation at the levels of 1.59. It is expecting neutral trading today. There are not key economic events today. It is expecting slowly recovery of the dollar today. The speculations against the US recession and the necessary by new interest rates cut for the world biggest economy continue. On the next Fed policy meeting is expecting cut between 25 and 75 bps. It is possible to see the key benchmark interest rates at 1.00% at the same level when the Fed hold the interest rates at the lowest levels few years. At the same time the high European inflation not give free room to ECB to cut the interest rates. There are speculations that ECB will raise the interest rates due to the raising inflation in the Euro Zone. | | By: All About Investiment | | |
| | Viet Nam seeks more construction money despite inflation fight | | 2008-04-17 16:50:00 | | Viet Nam's Construction Ministry confirmed Wednesday that it had requested permission to compensate contractors for rising steel and cement prices, despite a prime ministerial directive in late March ordering government bodies to freeze prices and hold down spending in order to control the country's rising inflation rate. "The Ministry of Construction has asked the government to raise the prices | | By: Vietnam Business Finance News | | |
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