Daily Archives: March 19, 2012

Moderate Gain Expected in US Housing Market, 0.5% in February

The FOMC meeting on Tuesday provided no major shocks, keeping the 2014 rate guidance, and announcing no new balance sheet initiatives. Positive news came in the form of small adjustments to the statement, where the growth outlook took a turn … Continue reading

Posted in Banking, Foreign Exchange, International Payments, Money Transfers | Tagged , , , , , ,

Spanish Housing Market Prices Declined 4.4% Q4 2011

With the Greek debt swap in place, focus could return to the remainder of the eurozone. The Eurogroup and ECOFIN meeting at the beginning of the week did not attract market attention. The discussion on whether and how a transaction … Continue reading

Posted in Banking, Foreign Exchange, International Payments, Money Transfers | Tagged , , , , , , ,

Focus On UK Chancellor Osborne’s Budget

The UK Chancellor, George Osborne, has a vital Budget to deliver Wednesday next week as he attempts to steer the fragile economy away from a dreaded ‘double dip’ recession following the final quarter contraction in 2011. And there is a … Continue reading

Posted in Banking, Foreign Exchange, International Payments, Money Transfers | Tagged , , , , , , ,