Your forexlive.com ENewsletter |  |
- German FinMin Schaeuble: Joint currency is at stake
- UK October mortgage approvals for home purchase 30,766
- Bank of Spain’s Ordonez: Spain’s deficit cutting plans more serious than some other countries
- Update: UK Oct Mortgage Approvals Lowest Since Mar’09 – BBA
- UK Oct Mortgage Approvals Fall; Lowest Since Mar 2009 – BBA
- IMF mission chief for Greece: Athens broadly on track on fiscal plan
- IMF Paper: Ireland Needs To Cut Wages, Unemployment Benefits
- EUR/USD extends recovery as ACB buys. Stops noted
- EMU/IMF: Loan Agreement With Greece Could Be Extended
- EUR/CHF recovering
- EUR/GBP trying to drag itself off the floor; notable buyer seen
- EU, ECB, IMF: Greece agreed new measures to broaden tax base, cut health sector and state firm waste
- Euro zone November PMI stronger than expected
- Ireland’s Fin Min: Still Opposed To Lowering Corp Tax Rate
- Bank of Spain’s Ordonez: Economy will take time to create jobs, recovery will be soft
- ECB Tumpel-Gugerell:EU Governance Reforms Don’t Go Far Enough
- Germany’s Econ Min Calls For Income Tax Cuts In Coming Years
- Honohan: EU/ECB/IMF Deal Will Rebuild Confidence In Ireland
- ITALY DATA: Italy sa Nov consumer morale 108.5 vs….
- Irish c.bank governor: Not certain all of bailout package will be drawn down
| German FinMin Schaeuble: Joint currency is at stake Posted: |
| UK October mortgage approvals for home purchase 30,766 Posted: Down from 31,058 in September, lowest since March 2009. More evidence of slowing housing market. |
| Bank of Spain’s Ordonez: Spain’s deficit cutting plans more serious than some other countries Posted: Now, now, play nice. Spain must keep reaffirming austerity measures in face of contagion effect Banks must keep explaining they are not in trouble Spain's banking problems not like Ireland's, restructuring process has helped Expects markets to eventually calm after Ireland rescue package Ireland bailout will not affect pace of ECB exit from extraordinary measures |
| Update: UK Oct Mortgage Approvals Lowest Since Mar’09 – BBA Posted: --Adds Detail To Version Transmitted At 0930 GMT --UK BBA: Oct sa Mortgage Approvals 30,766 vs 31,058 Sep --UK BBA: Oct sa Remortgage Approvals 24,112 vs 23,797 Sep --UK BBA: Oct Value of Loans for House Purchase stg4.479 bln --UK BBA: Oct Mortgage Approvals Lowest since March 2009 ... |
| UK Oct Mortgage Approvals Fall; Lowest Since Mar 2009 – BBA Posted: --UK BBA: Oct sa Mortgage Approvals 30,766 vs 31,058 Sep --UK BBA: Oct sa Remortgage Approvals 24,112 vs 23,797 Sep --UK BBA: Oct Value of Loans for House Purchase stg4.479 bln --UK BBA: Oct Mortgage Approvals Lowest since March 2009 ... |
| IMF mission chief for Greece: Athens broadly on track on fiscal plan Posted: Third aid tranche for Greece is secured Greece's main challenges are health spending, wasteful state enterprises, tax collection Cannot keep relying on wage and pension cuts, must cut waste, tax the rich Greece agreed to reduce employee numbers at state enterprises Extension of Greek loan terms or a new loan are options if needed Too ... |
| IMF Paper: Ireland Needs To Cut Wages, Unemployment Benefits Posted: BRUSSELS (MNI) - Ireland needs to cut its minimum wage and decrease the benefits it pays out to the unemployed, the International Monetary Fund recommended in a paper on euro area structural reform priorities, released Monday. The paper - which ... |
| EUR/USD extends recovery as ACB buys. Stops noted Posted: EUR/USD up at 1.3595, helped in no small part by buying from the Bank of Korea. Talk of buy stops now gathering through 1.3605. |
| EMU/IMF: Loan Agreement With Greece Could Be Extended Posted: ATHENS (MNI) - The European Central Bank, the European Commission and the International Monetary Fund are prepared to discuss a possible extension of the emergency lending agreement signed with Greece last May, their representatives said today. Speaking at a ... |
| Posted: The cross is presently up at 1.3445 from session low 1.3382, with hedge fund buying being noted. Which takes me back to what Barcap said recently ie they saw the cross in 1.32-1.3600 range, prefering to sell into rallies. OK it traded over 1.3600 but not by too much and not ... |
| EUR/GBP trying to drag itself off the floor; notable buyer seen Posted: Presently at .8525 from session low .8507, with UK clearer seen buying the cross in recent trade. Maybe they've got one eye on tomorrows UK GDP data and possible downward revision to Q2 numbers. Weekend media reports had the Q2 data being revised to 1% from 1.2%. |
| EU, ECB, IMF: Greece agreed new measures to broaden tax base, cut health sector and state firm waste Posted: Greece will identify additional measures worth 5% of GDP for 2012-2014 Greek economy expected to begin recovering in 2011 Greece must align wages more closely with productivity |
| Euro zone November PMI stronger than expected Posted: Manufacturing PMI 55.5, better than median forecast of 54.4. Services PMI 55.2, better than median forecast of 53.1. Composite PMI 55.4, beter than median forecast of 53.6 |
| Ireland’s Fin Min: Still Opposed To Lowering Corp Tax Rate Posted: BERLIN (MNI) - The Irish government is still against lowering corporate tax rates, Finance Minister Brian Lenihan told the German daily Bild in an interview published Tuesday. Asked if Ireland would give in to pressure from its EU peers, Lenihan ... |
| Bank of Spain’s Ordonez: Economy will take time to create jobs, recovery will be soft Posted: Correction of public deficit is a priority that must be met Budget appropriately addresses needs Economic growth will return after Q3 stagnation Room to improve transparency of region's financial information Autonomous regions must meet budget targets Solid pension reform would confirm commitment to budget goals Reform of collective bargaining rules would boost productivity Meanwhile, Spanish/German 10 year ... |
| ECB Tumpel-Gugerell:EU Governance Reforms Don’t Go Far Enough Posted: LONDON (MNI) - The reform of the European Union's economic governance agreed late last month shows that European leaders recognize the need to strengthen economic governance, but the proposals fall short of what the European Central Bank feels is necessary, ECB Executive Board member Gertrude ... |
| Germany’s Econ Min Calls For Income Tax Cuts In Coming Years Posted: BERLIN (MNI) - German Economics Minister Rainer Bruederle on Tuesday called for tax cuts in the current legislature, which runs until autumn 2013, in order to support the current upswing. "In 2011 it won't be possible, but 2012, 2013 will ... |
| Honohan: EU/ECB/IMF Deal Will Rebuild Confidence In Ireland Posted: BRUSSELS (MNI) -- Confidence in Ireland's banks and state finances will be rebuilt by the measures included in an aid programme being negotiated with the European Union, European Central Bank and International Monetary Fund, the country's central bank governor, Patrick Honohan said on Tuesday. ... |
| ITALY DATA: Italy sa Nov consumer morale 108.5 vs…. Posted: ITALY DATA: Italy sa Nov consumer morale 108.5 vs Oct 107.7 unrev: ISEA -- Italy consumer morale above expected; MNI survey median 107.6 -- Italy Nov consumer morale at highest level since January |
| Irish c.bank governor: Not certain all of bailout package will be drawn down Posted: There will be a lot of conditions attached to the bailout Irish banks are for sale as far as he is concerned NAMA has not had the result Ireland had intended Rubber stamp from IMF should raise confidence Confidence in banks and government is way below what is justified |
| You are subscribed to email updates from ForexLive To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment