Colombian Peso Strengthens On Concerns About US Economy (The Forex Market)
BOGOTA (Dow Jones)--The Colombian peso strengthened on Wednesday on expectations by local investors that a slowdown in the U.S. economy may push the U.S. Federal Reserve to cut its benchmark interest rate further.
More...Greenspan: US economy has 'less than 50-50' odds of recession (AFP via Yahoo! News)
Former Federal Reserve chairman Alan Greenspan said Sunday the US economy has a better than evens chance of beating a recession but warned that a housing slowdown could hit spending hard.
More...Mortgage slowdown threatens home sales (Daily Mail)
The property market is facing a dramatic slowdown, as the number of mortgages approved by banks falls 14 per cent. Experts believe the chances of a recession have become more likely following the US credit crisis. They say cuts in interest rates might be necessary to stop the market slowing down
More...India's growth prospects (Indian Express via Yahoo! India News)
Over the last one year, India's spectacular GDP growth performance led many sceptics to wonder if India was overheating. The recent crisis in the US economy has added to the concern that India faces a slowdown. While it is true that a downturn in the US economy adds to the risks that India faces, and the domestic business cycle may move down with a global business cycle, the medium term ...
More...DATAWATCH Hong Kong exports to face more pressure after Aug slowdown - Citigroup (FinanzNachrichten)
HONG KONG (XFN-ASIA) - Hong Kong's exports will face further pressure in the coming months after a slowdown in August, as a diversification of export destinations achieved in the first half of the year will not be sufficient to offset continuing weakness in exports to the US, said Joe Lo, a senior economist at Citigroup.
More...
No comments:
Post a Comment