Mortgage and Financial News From 2008-1-21 Page 13

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  • Canadian dollar hits 4-month low on stocks carnage

    Reuters - Canadian bond prices rallied on the equities selloff ahead of what is widely expected to be a Bank of Canada interest rate cut on Tuesday. The Canadian dollar closed at 96.81 U.S. cents, valuing a U.S. dollar at C$1.0329, down from 97.33 U.S. cents ...
    2008-01-21 02:28:00

  • Yen, Taiwan Dollar, China Yuan: Asia Local Currency Preview

    Bloomberg - The central bank will keep its benchmark interest rate unchanged at 0.5 percent, the lowest among major economies, according to all 38 economists surveyed by Bloomberg News. BOJ Governor Toshihiko Fukui will hold a news conference at 3:30 p.m ...
    2008-01-21 02:28:00

  • What Northern Rock deal means for...

    Daily Telegraph - As Northern Rock needs to attract more savers, it is actually offering good deals for customers at the moment, with a 6.49 per cent interest rate on a tracker online savings account. Future deals are likely to be even more generous. MORTGAGE HOLDERS ...
    2008-01-21 05:49:00

  • The recession question

    MSNBC - The committee expects slower economic growth that will pick up in the second half of the year, thanks to expected interest rate cuts and a possible fiscal stimulus package. Pennsylvania residents received mixed news Thursday. On one hand, the state ...
    2008-01-21 01:45:00

  • China 7-day repo rate set at 4.3800 pct vs 2.6800 pct

    FXStreet.com - CFETS began the daily fixing of overnight and seven-day repurchase rates in March 2006 to provide a reference for derivatives such as interest rate forwards, swaps and short-term interest rate futures. zachary.wei@xfn.com - xfnzw/xfjamesa COPYRIGHT ...
    2008-01-21 07:15:00

  • Loonie at September lows ahead of rate decision

    Globe and Mail - The loonie tumbled to four-month lows as traders looked past tomorrow's widely-expected Canadian interest rate cut and focused on fears the U.S. economy is sliding towards a recession. The Canadian dollar fell to 96.87 cents (U.S.) on Monday morning ...
    2008-01-21 09:28:00

  • Rates 'could rise twice in 2008'

    News.com.au - THE Reserve Bank of Australia could raise interest rates twice this year because of the inflation problem, a leading economic forecaster predicts. Access Economics said while an interest rate rise will be dependent on the outcome of Wednesday's ...
    2008-01-21 04:09:00

  • Australian dollar drops, expected to fall further

    News.com.au - THE Australian dollar was weaker at noon, staying below $US0.8600, as share market slides across the world hurt high interest rate currencies. The domestic currency is expected to fall below $US0.8500 during offshore trade tonight as the US market ...
    2008-01-21 07:15:00

  • Two rate rises 'on the cards'

    News.com.au - THE Reserve Bank of Australia could raise official interest rates twice this year because of the country's inflation problem, a leading economic forecaster predicts. Access Economics says while an interest rate rise will be dependent on the outcome ...
    2008-01-21 01:38:00

  • Cries growing for half-percentage cut - Globe and Mail

    Cries growing for half-percentage cutGlobe and Mail, Canada - 35 minutes agoIn the past decade, the Bank of Canada has changed its key interest rate by more than a quarter percentage point on only six occasions. ...
    2008-01-21 07:22:37

  • Auto Emissions & Forests - EcoWorld.com

    Auto Emissions & ForestsEcoWorld.com, CA - 33 minutes agoThe recent launch of Tata’s “Nano,” along with the high interest in the Smart ”Fortwo” micro-hybrid car, indicate rapid steps towards a scenario where ...
    2008-01-21 07:24:42

  • Australian dollar drops, expected to fall further - NEWS.com.au

    Australian dollar drops, expected to fall furtherNEWS.com.au, Australia - 33 minutes agoTHE Australian dollar was weaker at noon, staying below $US0.8600, as share market slides across the world hurt high interest rate currencies. ...
    2008-01-21 07:24:47

  • FCC arbitrator: Time Warner deliberately wronged TV network in NC - Winston-Salem Journal

    FCC arbitrator: Time Warner deliberately wronged TV network in NCWinston-Salem Journal, NC - 33 minutes agoThe arbitrator is expected to review plans from both companies and determine which better represents a fair market rate, MASN spokesman Todd Webster said ...
    2008-01-21 07:24:47

  • How have the harrowing stock-market losses affected your investments? - Windsor Star

    How have the harrowing stock-market losses affected your investments?Windsor Star,  Canada - 32 minutes agoEven though most economists aren't predicting a Canadian recession, the Bank of Canada is expected to cut interest rates by a quarter of a percentage point ...
    2008-01-21 07:26:23

  • BOJ Keeps Interest Rates At 0.50% - RTT News

    BOJ Keeps Interest Rates At 0.50%RTT News, NY - 31 minutes agoThere has been some speculation that the bank would have to actually trim interest rates, since Goldman Sachs has projected that the Japanese economy has a ...
    2008-01-21 07:26:33

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