Mortgage and Financial News From 2007-9-26 Page 6

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  • Dollar surges on US interest rate cut speculation

    News.com.au - THE dollar opened stronger today after a dose of weak economic data stoked rumours of another US federal reserve interest rate cut. At 0700 AEST, the dollar was trading at $US0.8764/69, up from yesterday's close of 0.8723/25. Overnight, it traded ...
    2007-09-26 12:11:00
  • BGC Raises Outlook for Stand-alone Revenues and Earnings for FY2007

    MSN MoneyCentral - BGC, a leading inter-dealer broker providing integrated voice and electronic services to wholesale fixed income, interest rate, foreign exchange and derivatives markets worldwide, and eSpeed, Inc. ESPD , a leading developer of electronic marketplaces ...
    2007-09-26 04:57:00
  • Dollar respite as Saudis stick to peg, for now

    Daily Telegraph - The dollar has at last begun to stabilize after a week of preciptious falls on news Saudi Arabia intends to stick to its closely-watched exchange-rate peg, despite its refusal to cut interest rates in lockstep with US Federal Reserve. The greenback ...
    2007-09-26 06:30:00
  • Debt-ridden voters turn on PM

    News.com.au - Many Australians feel worse off than a year ago Some planning on switching votes against the Coalition Real estate : The latest property news VOTERS intend to punish the Government for recent interest rate rises in this year's federal election ...
    2007-09-26 08:39:00
  • Rate Cuts: Cheer or Jeer?

    Wall Street Journal - The idea that interest-rate cuts are good for stocks is viewed as such an absolute truth on Wall Street that it isn't even a matter of debate. But the reality is a bit more complicated. Investors cheered when the Federal Reserve surprised the market ...
    2007-09-26 06:09:00
  • US STOCKS-Futures higher on GM deal, rate cut hopes

    Reuters - Any sign of weakness in the report could bolster hopes for another reduction in interest rates following the Federal Reserve's aggressive interest-rate cut last week. "The GM settlement has got the market looking higher. As the actual strike began ...
    2007-09-26 03:53:00
  • Sri Lanka May Keep Key Rate Unchanged at Highest Level in Asia

    Bloomberg - Sept. 27 (Bloomberg) -- Sri Lanka's central bank will probably keep its benchmark interest rate unchanged at the highest level in Asia to help cool inflation. Central Bank of Sri Lanka Governor Nivard Cabraal will leave the repurchase rate at 10.5 ...
    2007-09-26 04:57:00
  • Rising interest rates hurting coalition poll prospects

    News.com.au - VOTERS plan to punish the Government for recent interest rate rises in this year's federal election, a new survey has revealed. According to a NEWS.com.au survey, the mounting debt crisis facing many Australians is having a powerful effect on their ...
    2007-09-26 08:03:00
  • UAE says to match U.S. interest rate cut fully (Reuters via Yahoo! Malaysia News)

    DUBAI, Sept 26 - The United Arab Emirates, which pegs its currency to the dollar, said on Wednesday it would match last week's U.S. interest cut fully and would cut again if the United States lowered once more.
    2007-09-26 12:03:23
  • Norway Hikes Interest Rate by 0.25 Point (AP via Yahoo! Finance)

    Norway's central bank hiked the nation's key interest by one quarter of a percentage point to 5 percent, seeking to dampen both stronger than expected economic growth and a sharp strengthening of the krone against other currencies.
    2007-09-26 07:52:44
  • (AFX UK Focus) 2007-09-26 11:40 GMT: Thai shares close higher on rate cut hopes, foreign investor interest (Interactive Investor)

    BANGKOK (Thomson Financial) - Thai shares closed higher on Wednesday led by hopes for a possible interest rate cut early next month, with foreign investors chasing gains in banking and property-linked stocks.
    2007-09-26 04:09:18
  • Eagle Rock Energy Partners, L.P. Announces Crude Oil, Natural Gas Liquids and Interest Rate Hedges (Business Wire via Yahoo! Finance)

    HOUSTON----Eagle Rock Energy Partners, L.P. announced today it has entered into several hedging transactions to help mitigate its future commodity price and interest rate exposure. On Sept. 13, 2007, Eagle Rock entered into a West Texas Intermediate crude oil swap for 2008 on 80,000 barrels per month at a swap price of $73.90.
    2007-09-26 03:07:00
  • CORRECT: Norges Bank Raises Key Interest Rate (The Forex Market)

    Norway's central bank Wednesday continued its tightening cycle, raising its key interest rate 25 basis points to 5% despite moves elsewhere to cut rates to combat recent turmoil in global markets.
    2007-09-26 08:11:22
  • Interest rate up again (Aftenposten)

    Norway’s central bank raised its main interest rate by a quarter point to 5 percent on Wednesday.
    2007-09-26 07:26:46
  • Monetary policy interest rate remains 7 pc (Nine O'Clock)

    BUCHAREST - The National Bank of Romania (BNR) decided yesterday to maintain unchanged the monetary policy interest rate, at 7 per cent per year, after the Federal Reserves reduced the basic interest rate at the beginning of the month, while the Central European Bank maintained it unchanged, Rompres informs.
    2007-09-26 03:08:19