The Dollar Dips on a Drastic Fed Rate Cut Speculation   By Sagiv Perez Finotec Analysis Team 16 January 2008       EUR/USD USD/JPY GBP/USD USD/CHF Resistance 1.50001.49651.4920 108.35107.35107.20 1.97651.97401.9690 1.10501.09451.0915 Support 1.47601.47201.4640 106.60105.75105.00 1.95951.95501.9485 1.08551.08251.0785 Continuing signs of a recession in the world biggest economy renewed the selling’s on the greenback. The dollar

In 2008, $206 billion of investment-grade debt will mature, and $195 billion will mature in 2009, according to an article published by Standard & Poor’s. The report, titled “Refunding Outlook For U.S. Corporate Bonds: Maturities Increase In 2008 (Premium),” says that for speculative-grade debt, $31 billion will mature in 2008 and $47 billion in 2009.

LONDON, Jan 16 (Reuters) – Oil slid more than $1 a barrel to below $91 on Wednesday to the lowest in almost a month, pressured by further signs that slowing U.S. economic growth will erode fuel demand. The International Energy Agency, adviser to industrialised countries, on Wednesday cut its 2008 global demand growth forecast by

LONDON, Jan 16 (Reuters) – British average earnings growth held firm in the three months to November, while the number of people claiming jobless benefit fell in December for a 15th consecutive month, official data showed on Wednesday. The figures suggest the labour market remained tight at the end of last year. However, employment tends

Stocks and the dollar tumbled on Wednesday as weak U.S. data and corporate news raised worries about the health of the global economy, while government bonds rose as investors took cover in safe-haven assets. Fears of a U.S. recession fuelled by further bad news on the world’s largest economy on Tuesday also hit commodity prices

The U.S. dollar slid and Tokyo’s Nikkei stock index slumped more than 3 percent to a 26-month low on Wednesday, as a record loss at financial powerhouse Citigroup and weak U.S. retail sales reignited fears of a downturn in the world’s biggest economy. Spooked traders dumped the dollar to a record low against the Swiss

Moody’s Investors Service said that the corporate bond market in the Arabian Gulf countries has the potential to reach issuance of USD 50 billion over the near term, although volatile global markets have not left the market unscathed. In Moody’s annual publication entitled “Arabian Gulf Corporate Bond Market: 2007 Review and 2008 Outlook” Moody’s also

But slip in December   Residential house prices in Cyprus accelerated during 2007 according to the latest results from the BuySell Home Price Index, rising by 19.2% for the whole year compared with 6.6% in 2006. The BuySell Home Price Index closed at 139.06 units for the year, bringing the Average Home Price in Cyprus

The Cyprus production index in construction reached 124.2 in the third quarter of 2007, rising by 9% over the same quarter of 2006. Construction output thus accelerated compared with the second quarter of 2007, when it had risen by 7.6% and compared with the first, when it rose by 4.1%. Within the category of total