Kyoto
- 22 Dec 2009 03:01
- 2 of 7
Morning all. Market reports:
Telegraph
The Times
The Times (Need to know)
FT
The Guardian
The Independent
This is Money
The super-strong euro is having sharply varying effects on the different countries in the eurozone and causing the rift between north and south to widen further, according to a new report by Standard & Poor's (S&P).
The rise of Germany belies the chaos a strong euro is causing
Resurgent exports to China and the central banks declaration of war on deflation may spare Japan the misery of a double-dip recession next year - but only just, economists say.
Exports to China to avert double-dip recession in Japan
Britain's banks will hold back an economic recovery due to their "significant debt burden", one of the world's leading credit rating agencies has warned.
Britain's banks to hold back recovery, warns S&P
Hopes of a last minute spending spree before Christmas appeared to be dashed when figures showed that the number of people shopping over the weekend was significantly lower than last year.
Snow leads to fall in shopper traffic
House prices will overcome the significant challenges of higher taxes and higher interest rates to rise by 2 per cent by the end of next year, according to a forecast being published today.
More house price rises expected despite squeeze
Greystone
- 22 Dec 2009 05:51
- 4 of 7
Good morning traders!
In the US last night, the Dow was up 86 points at 10,414, the Nasdaq gained 26
points at 2,238 and the S&P500 added 12 points at 1,114.
In Asia today, the Nikkei was up 144.47 points at 10,327.94, while the Hang Seng
ended the morning ahead 243.38 points at 21,191.48.
Crude oil traded at $72.73 a barrel on Nymex.
Gold settled at $1,093 an ounce.
Happy trading!
G.