Diary: Aussie Rates, Wages, US Banks, Inflation the Watchwords (Australasian Investment Review via Yahoo!7 Finance)
A toss up for what we should be looking at this week: there's an awful lot happening. There's the BHP Rio takeover situation, plus the impact that's happening on the valuations of the rest of the mining and oil sector; there's more speculation from the US about activity and banks (see above); the dollar fell sharply on Friday and could continue to go lower for a while this week; gold and oil ......more...(AFX UK Focus) 2007-11-12 19:32 GMT: Autogrill sees recovery in weak US margins in next 1-2 quarters (Interactive Investor)
MILAN (Thomson Financial) - Autogrill SpA officials said the company plans to recover its weaker third-quarter US margins, caused by inflation, in the next one to two quarters, based on its previous experience with the issue....more... Bank of Japan Votes 8-1 to Hold Key Rate at 0.5% (Update1) (Bloomberg.com)
Nov. 13 (Bloomberg) -- The Bank of Japan refrained from increasing interest rates, the lowest among industrial nations, amid signs that the world's second-largest economy is slowing....more... Bulgarian Think Tank Forecasts 12% Inflation for 2007 (Novinite.com)
Annual inflation for 2007 will reach 12%, exceeding the cabinet's updated estimates by four percentage points, Bulgarian economic think tank Centre for Economic Development (CED) forecast on Thursday....more... Surveyors add to fears of fall in house prices (Guardian Unlimited)
· Biggest slowdown for two years, says umbrella body· New-buyer index declines for 11th month running...more... Currency Controls Return as Central Banks Fight Gains (Update4) (Bloomberg.com)
Nov. 12 (Bloomberg) -- Central banks from Bogota to Mumbai are imposing foreign-exchange curbs to take control of their soaring currencies from traders dumping the dollar....more... Surveyors add to house price fears (Guardian Unlimited)
Market suffers biggest slowdown for two years as new-buyer index declines for 11th month running...more... Questions and Answers - Tuesday, 13 November 2007 (Scoop.co.nz)
1. JOHN KEY (Leader of the Opposition) to the Prime Minister: Does she stand by her statement that ?I would have thought in election year as usual Government departments would bend over backwards to make sure that nothing they did could possibly be construed as electioneering.?, and what advice, if any, has she received about the effect of the Electoral Finance Bill on election-year advertising ......more... India's Production Grows at Slowest Pace in 11 Months (Update4) (Bloomberg.com)
Nov. 12 (Bloomberg) -- India's industrial production grew at the slowest pace in 11 months in September as decade-high interest rates crimped consumer demand and a stronger currency made exports less competitive....more... |