Talking Points • Japanese Yen: Down Across the Board
• Pound: Trade Deficit Widens as Imports Jump
• Euro: President Trichet Heads to EU Summit Ahead of
Schedule • US Dollar: Wholesale Inventories, IBD/TIPP
Economic Optimism on Tap British Pound Gives
Portugal, Italy, Ireland, Greece and Spain are among the world’s worst
performing stock markets this year on concern the countries will struggle to
control budget deficits. Greece’s ASE peaked three times since its rally from a
six-year low in March, with the highest in the middle, on
Key Overnight Developments • UK Retail Sales Growth Worst in 15 Years in
January, Says BRC • RICS Survey Hints UK House Prices May Decline as Supply
Swells • Euro Rebounds Against US Dollar on Greece Bailout Speculation Critical
Levels The Euro and the British
Residential developer AV Jennings ' first half results are back in the black
after structural changes and a resilient Australian housing market. AV Jennings
posted a net profit of $3.2 million for the six months to December 31, compared
to a loss of $9.7 million in the prior first
Residential developer AV Jennings' first half results are back in the black
after structural changes and a resilient Australian housing market. The company
says 2009 was testing and the current year would bring a new set of challenges.
AV Jennings posted a net profit of $3.2 million for
AAP Residential developer AV Jennings' first half results are back in the black
after structural changes and a resilient Australian housing market. The company
says 2009 was testing and the current year would bring a new set of challenges.
AV Jennings posted a net profit of $3.2
• Euro Finds Little Consolation from EU Finance Ministers’ Greek Guarantees at
G7 • Japanese Yen: Lending Troubles another Road Sign to the Next ‘Lost Decade’
• Commodity Currency Policymakers Start Rolling Back Emergency Aid Dollar
Advances for a Fourth Consecutive Session
Feb. 9 (Bloomberg) -- Japanese stocks fell, driving the Nikkei 225 Stock
Average down 10 percent from its peak in January, on renewed concern ballooning
budget deficits will worsen Europe’s economy. The Nikkei 225 Stock Average
declined 0.5 percent to 9,905.57 as of 9:08 a.m. in Tokyo.
AAP Bradken Ltd has posted a 26.4 per cent decline in first half profit after
the company felt the brunt of the economic downturn, and is looking forward to
an improvement in trading conditions. The mining and engineered products
provider reported a net profit of $25.72 million for the
By Garth Theunissen South Africa’s currency may weaken to between 8 and 8.20
per dollar as it forms a “pattern of rising highs” against the dollar, Ian
Cruickshanks , head of research at Nedbank Treasury, said in a telephone
interview from Johannesburg. “Rising highs” are
Talking Points • Japanese Yen: Down Across the Board
• Pound: Trade Deficit Widens as Imports Jump
• Euro: President Trichet Heads to EU Summit Ahead of
Schedule • US Dollar: Wholesale Inventories, IBD/TIPP
Economic Optimism on Tap British Pound Gives
