UK inflation ‘could top 4%’

June 19, 2008

Rising food and energy prices could push inflation above 4% this year, the Bank of England has warned.

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Currency Cross-Check: Dollar Rise; Commodity Currencies; Southeast Asian Currency (Video)

April 14, 2008

Apr. 14, 2008. 12:20 AM EST

Dollar rises after G-7 officials signal alarm at pace of slump; G-7 signals concern on Dollar’s slide, weaker growth; Analysis by Sean Callow, Westpac Senior Currency Strategist

Transcript:
he dollar has isen the most in two weeks gainst the the uro, nd the ost n one week gainst the yen. he policy makers are concerned about he esults for arkets, his he iggest change in several years. ndex has allen 0%, he declines accelerated fter hey were down early % already. ere is he enior currency trategist, thank you for oining us oday. t is worth oting hat they did not ay this as the ollar, he dollar’ s slide has been very steady. his he concern? he eality as hat hat they were talking bout he oncerns are coming rom european side of his. ance and ermany are ushing this very ard, he united kingdom n the nd, he rench and germans got their way. e euro has ad ps and owns, but verall this ot just olatility hat eople are concerned bout, here level of this. ou now, hey ot mpletely othered about this. dministration has een a few enefits from his, exports are increasing. s there any hance f a coordinated upport for the dollar? this s down the way. verybody is ery xcited about getting involved in the currency arkets hey were ery ands-off he year 000, here were sked to join n the market intervention. ey were very half- arted about his, do not hink this articula ealistic at some times. long s they etain the stance on interest ates, nd the fed funding rate is ower, they are ossibly ust throwing oney way. hat oes this uggest about e dollar and its decline? aw he dollar coming wound, ill we ave declines over the next few months? here will be a queeze e dollar out here, e have seen this n asia. do ot hink his hanges much his, ecause the hreat is not very angible t this time. hese really do ome together in avor of a turnaround. the short-term orecast what will happen? we re ittle bit negative the uro, rom a physician in san. ositioning tand. ositioning tandpoint. his ill e at he 154 level. will ee his - if anage hrough this eek, can et through his earnings eport, ithout ny great urprises, his is till a little it too reliant peculative purchasing. > what do you think about he other currencies? hink his has been hanging in in the past few eeks, ecause tory on the commodities. hese ave been very supportive. therwise, hey have een doing away ith the foundations, ith omestic story. ousing finance numbers are much ower, nd he credit runch seems to take its oll the housing sector. he speculation he rate hey did ot know if his will happen this ear, ut there ill e a high volatility. his ay ndermine oth these currencies. hat s true for australia ore rue for new zealand. here may be ess commodities pport here as support. here as 0% rop n home sales. hey are ooking t a ery weak housing ector, nd there ome isappointing umbers in new zealand. ome reas - this is orking very ell, till refer the ustralian dollar. > what bout the singapore dollar? onetary uthority nd the rate he singapore dollar his is urging since last quarter. here s a strong ebound, him. with a greater hreat for he policy makers. here may u.s. slowdown. hey are going ack o the robust levels. he are isting his, nd there greater epreciation this overall. > thank you ery uch hat. he senior currency trategist estpac ince the civil war ave ainland hina and aiwan poken, we will find ut hy there may be a ismal summer head

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G-7 & Forex Markets; G-7 & Financial Stability Forum (Video)

April 14, 2008

Apr. 14, 2008. 01:12 AM EST

Analysis by Christine Lagarde, French Finance Minister; Analysis by Simon Derrick of Bank of New York Mellon

Transcript:

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UK rice price doubles (Video)

April 11, 2008

The price of rice has soared as demand outstrips supply, putting pressure on UK Indian restaurants.

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Pre Market U.K.

April 11, 2008

04/11/08 What will likely impact the next trading session.

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BoE cuts rate, ECB holds (Video)

April 11, 2008

* BoE cuts interest rate by .25 points to 5.0 percent* ECB holds rate at 4.0 percent eyeing inflation* Alitalia protesters make a splash in Rome* Alitalia protesters make a splash in Rome

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US Dollar Trades at Record Low Against the Euro (Video)

April 10, 2008

04/10/08 With traders waiting news on the European Central Bank’s Euro-zone forecast, the US dollar hit an all-time low against the euro at $1.5912 per euro in overnight trading.

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Bank of England cuts interest rates to 5% (Video)

April 10, 2008

Interest rates are cut to 5% by the Bank of England to shore up the UK’s slowing economic growth.

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With US in crisis, global economy in peril: IMF

April 9, 2008

The global economic outlook is becoming increasingly grim as the United States appears unable to escape recession from a housing meltdown whose effects are still spreading, the IMF said Wednesday. Global expansion is set to slow to 3.7 percent in 2008…

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