Realty Face to Face with Reality
The five-year boom in India’s realty industry came to a crashing halt in 2008, following an acute liquidity crunch, falling sales and rising interest rates. The year, though, started on a positive note. The Dubai-based Emaar MGF raised $1.64 from the primary market in late January, and two motnhs later, Delhi-based realtor BPTP registered the […]
Quiet Before the Storm with 2009 on the Horizon
Quiet Before the Storm with 2009 on the Horizon
The FX markets are fairly quiet which is typical following a major holiday and year-end. The EurUsd is 54pips higher at high 1.40 price area, while the UsdJpy gained 30 pips to the 90.67 level. The GbpUsd slid roughly 40pips to low range of 1.47. Equity markets […]
USD/JPY Edges Higher With Stock Futures as White House Announces $17.4B Auto Bailout
USD/JPY Edges Higher With Stock Futures as White House Announces $17.4B Auto Bailout
USD/JPY has edged higher throughout the morning after hitting an intraday low of 88.42, and the White House’s announcement of a $17.4 billion bailout for the auto industry bodes well for the pair, especially as US stock market futures have climbed into positive […]