Economic News
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Forex - US dollar extends falls vs yen as market frets about G-7| ...
5 Feb 2007
source:
iii.co.uk
SINGAPORE (XFN-ASIA) - The US dollar extended falls, hitting fresh session lows, in late Asian trade as the yen gained on jitters the upcoming G7 meeting will put the Japanese unit under the spotlight and set off carry trade unwinding. Finance ministers and central bankers from G7 nations will meet at the end of this week and there has been mounting speculation the yen's recent weakness could be ... |
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Moody's sees further upgrades in Japanese corporate ratings this year ...
5 Feb 2007
source:
iii.co.uk
TOKYO (XFN-ASIA) - Moody's Investors Service said upgrades to Japanese corporate credit ratings will outnumber downgrades this year due to improvements in profitability and cash flows. Moody's said it upgraded a total of 35 Japanese companies last year and downgraded only three. "The trend of more upgrades than downgrades has held over the last three years, and we expect it will extend thro ... |
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UK inflation expectations raise possibility of Feb rate hike - BDO ...
5 Feb 2007
source:
iii.co.uk
LONDON (AFX) - UK inflation expectations have shot to a two year high in the BDO Stoy Hayward Business Trends Index this month, raising the possibility of a February rate hike - the second this year. The BDO Business Trends report, which pulls together all the UK's main business surveys, reveals one of the sharpest inflation index increases in any quarter in recent years (from 105.4 in October to ... |
