Mortgage and Financial News From 2007-10-9 Page 16

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  • Canada's Bonds Fall on Speculation Bank to Keep Rates Steady

    Bloomberg - Interest Rate Futures Interest rates futures in Canada suggest that the Bank of Canada will stay on hold until next year. The March bankers' acceptances futures contract yielded 4.70 percent today, up from 4.40 percent a month ago, when ...
    2007-10-09 09:03:00
  • Market lowers expectations for October rate cut

    Marketwatch - WASHINGTON (MarketWatch) -- Financial markets are increasingly confident that the Federal Reserve won't cut its overnight interest rate target later this month. According to prices in the Chicago Board of Trade's federal funds futures market, the ...
    2007-10-09 09:46:00
  • Sterling retreats from 3-wk high vs euro

    Reuters UK - LONDON, Oct 9 (Reuters) - Sterling retreated from an earlier three-week high versus the euro and fell against the dollar on Tuesday, weighed down by mediocre UK trade data and prospects for UK interest rate cuts in coming months. Britain's global ...
    2007-10-09 07:23:00
  • Aussie tipped to slide

    News.com.au - The Aussie dropped from its 23-year high as copper prices fell heavily and investors pared back betting of another interest rate cut by the U.S. Federal Reserve this month. The greenback surged against all major currencies, especially the euro, while ...
    2007-10-09 07:52:00
  • Citibank, HSBC in 1st offshore yuan FRA -sources

    Reuters - The FRA will start three months from now and will last for another three months, paying a fixed interest rate of 3.90 percent. The floating leg will use three-month Shanghai Interbank Offered Rates as the reference rate. Three-month SHIBOR was at ...
    2007-10-09 09:11:00
  • European govt bonds stay well supported, awaiting FOMC minutes, UK PBR

    Forbes - LONDON (Thomson Financial) - European government bonds remained well-supported, reversing some of their recent losses in the wake of Friday's strong US jobs data, which led market participants to scale back expectations for interest rate cuts in the ...
    2007-10-09 08:21:00
  • BoC aims to leave C$610 mln in settlement system

    Reuters - UPDATE 3-UK's Darling flags slower growth, cuts tax OTTAWA, Oct 9 (Reuters) - The Bank of Canada injected C$610 million in overnight money into the markets on Tuesday to lower the overnight interest rate toward the central bank's target and improve ...
    2007-10-09 09:25:00
  • Stockholm shares close slightly higher, led by Scania, Volvo

    Forbes - STOCKHOLM (Thomson Financial) - Shares closed slightly higher, as gains for Scania and Volvo offset losses for Ericsson and mining stocks, with investors largely sidelined ahead of the release of minutes from the Fed's last interest rate meeting ...
    2007-10-09 10:01:00
  • Businesses stung by interest rate rise

    News.com.au - BUSINESS confidence has fallen for the fourth month in a row to reach its lowest level since the start of 2007 following a recent interest rate rise and financial market turbulence, a survey shows. The National Australia Bank (NAB) monthly business ...
    2007-10-09 03:06:00
  • ECB average refi rate 4.16 pct; marginal rate 4.12; awards 218 bln eur ...

    Forbes - FRANKFURT (Thomson Financial) - The European Central Bank said the weighted average interest rate on accepted bids at today's main refinancing operation was unchanged from last week at 4.16 pct. The marginal rate -- the lowest rate at which bids were ...
    2007-10-09 04:10:00
  • GLOBAL MARKETS-Equities tick higher, rate signals awaited

    Reuters - LONDON, Oct 9 (Reuters) - Stock prices rose on Tuesday as the effect of merger and acquisition activity outweighed reduced expectations of imminent U.S. interest rate cuts, while a firmer dollar kept gold and crude oil prices in check. After stronger ...
    2007-10-09 06:05:00
  • Will the FOMC Minutes Point to Another Interest Rate Cut?

    FOX News - In its statement three weeks ago (September 18) announcing the first cut in interest rates in four years, the Federal Open Market Committee said “the tightening of credit conditions has the potential to…restrain economic growth.” Today's ...
    2007-10-09 05:57:00
  • GLOBAL MARKETS-Wall St opens higher; rate signals awaited

    Reuters - NEW YORK, Oct 9 (Reuters) - U.S. stocks edged higher, following their counterparts around the world on Tuesday as the effect of merger and acquisition activity outweighed reduced expectations of imminent U.S. interest rate cuts. Investors in U.S ...
    2007-10-09 09:11:00
  • Business tips rate rise

    News.com.au - THE Federal Government has talked down another interest rate rise, but business believes a further increase is inevitable. Higher rates, global financial market volatility and the election itself are all putting pressure on companies, a trio of ...
    2007-10-09 07:52:00
  • Colombia's Peso Reaches Two-Month High on Interest Rate Outlook

    Bloomberg - Oct. 9 (Bloomberg) -- Colombia's peso reached a two-month high amid speculation the difference between the local benchmark lending rate and the Federal Reserve overnight rate may widen. The currency has gained 7.7 percent since the Fed lowered the ...
    2007-10-09 08:13:00