Why bank stocks are down when lending is up
Investors are looking past the current boom in loan activity, fearing that inflation and other factors will cool demand and make it harder for borrowers to make payments.
Source: americanbanker.com
Page 17 - Mark Dowding News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Mark Dowding. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Mark Dowding Today - Breaking & Trending Today
Pound plummets as UK Tory government and Labour fight over how to protect profits
The collapse in sterling will have devastating consequences. The cost of imports increases, raising the prices paid by workers at the pump, in supermarkets and on energy bills. The already high rate of inflation (12.3 percent) will be driven up further.
Source: wsws.org
Analysis-Race To Rein In Strong Dollar Is On After Japan Intervenes
The Bank of Japan's intervention to prop up a freefalling yen has currency investors speculating about which central bank could move next in the face of a soaring dollar.
Source: ibtimes.com
Even Yen Bears Unnerved By Latest Slide As Tokyo Ramps Up Warnings
The precipitous slide in Japan's currency has run so far and fast it's spooking big investors, and some are cutting bets that it will decline further, anticipating policymakers may soon step in to
Source: ibtimes.com
British pound sterling's value against the dollar falls to lowest level since 1985
The value of the United Kingdom's pound sterling has slumped to its lowest level against the United States dollar since 1985, reflecting the deteriorating economic situation in Great [...]
Source: naturalnews.com