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Few markets escaped Thursday’s turmoil in markets worldwide and the Brazilian stock market was no exception. At one stage, losses reached almost five percent as the market lost a significant...
The US market recovered from Tuesday’s losses on Wednesday as it climbed 7.05, or 0.47%, to 1,518.09. However, this did little to offset Tuesday’s 226 point drop off of the Dow Jones industrial...
After a steep fall off early this week, oil prices rocketed again on Thursday after the previous day’s news that crude stocks were down. In London, the price of a barrel of crude was back up to...
The ongoing housing market slump in the United States may have a damaging affect on the economy there for some time to come, it was warned on Thursday. It was revealed Wednesday that new house...
Jul 27 2007, 05:41 - 0 Comments
265. United States housing market continues to struggle
The United States housing market remained shaky this week as it was revealed that new house sales continued to fall. Housing figures showed that the 2.2 percent drop was the largest in five...
The United States’ natural gas supplies were up again last week according to the Energy Department's Energy Information Administration. It said gas in storage was on the up last week and now...
The embattled US dollar continued to struggle on Thursday on the back of negative housing figures that were released in the US on Wednesday. And there was no sign of a let up in the dollar’s...
European government bonds were on the up again on Thursday as recent risk taking dropped off to be replaced by a more cautious approach. There were widespread falls in the equity markets and a...
Jean-Claude Trichet, the president of the European Central Bank affirmed in a speech that there must be no contentment regarding the growth within the euro-zone despite the strong performance shown...
Jul 26 2007, 21:01 - 0 Comments
270. SKorean won closes sharply higher against US dollar
The US dollar was reached fastly by the South Korean won on Friday, thus increasing its advance for another session, the third one straight. US housing markets grew concerns over the evolution and...