Pound Sterling drops after weak growth data
The British pound also experienced increased resistance on Monday after the first quarter of UK economic data was worse than previously expected. There are many indications now that the recession been...
View ArticleNorway keep interest rate unchanged at 2 %
Norges Bank decided today to keep the key interest rate unchanged at 2 %, as expected by Bloomberg forecasts. Governor Svein Gjedrem explain why: “Recent developments in the Norwegian economy have been...
View ArticleAustralia keeps interest rates at 4.5 %
RBA, The Reserve Bank of Australia, decided on Tuesday to keep the interest rates unchanged for the third month in a row. We continue to see strong numbers for Australian employment and growth, and...
View ArticleNorwegian krone gains after central bank comments
Comments from Norway’s central bank, Norges Bank, made gains for the Krone against Euro. “Key interest rates should be increased to a “more normal level”, according to Norges Bank. They have seen...
View ArticleThe 50 Most Expensive Cities in the World (2011) according to Mercer
Mercer’s Cost of Living Survey for 2011 is now live, and the result might surprise some of you. It’s not London, New York or Tokyo that’s most expensive to live in for expatriates, rather an African...
View ArticleEuropean inflation figures has impact on the Euro
All eyes seem to be focused on the recent strengthening of the euro in relation to the majority of other traded currencies. Indeed, this eighteen-nation benchmark was seen to be trading at the highest...
View ArticleThe costliest cities in the world
The world’s top most expensive cities to live in, calculated by the respected company Mercur continues to bring some unexpected and expected results. Whilst those cities you would expect to rank in the...
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