http://www.capital-iom.com/welcome News, Press releases, latest happenings at Capital International en-gb Wed, 19 Nov 2008 08:45:00 +0000 capital-iom it@capital-iom.com (capital IT) feed://www.capital-iom.com/welcome?click=54&appid=665 UK MPC Minutes Under the Spotlight Recent sessions have seen majors remain within relatively tight ranges, though ebbing and flowing in... Wed, 19 Nov 2008 08:45:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=665 feed://www.capital-iom.com/welcome?click=54&appid=664 Good Morning, Inflation data for October came in lower than expected yesterday with RPI falling to an annual rate 4.2% from 5% in September. ... Wed, 19 Nov 2008 08:44:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=664 feed://www.capital-iom.com/welcome?click=54&appid=663 Dollar Drifts Higher in Directionless Trade Tuesday, 18th November 2008 The euro saw an intra day high of $1.2742 versus the dollar... Tue, 18 Nov 2008 08:36:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=663 feed://www.capital-iom.com/welcome?click=54&appid=662 Monday, 17th November 2008 The weekend's G20 meeting brought lots of promises of economic cooperation and support for struggling economies... Mon, 17 Nov 2008 08:44:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=662 feed://www.capital-iom.com/welcome?click=54&appid=661 Markets Look to G20 for Direction Friday, 14th November 2008 Risk aversion kept most of the majors on the backfoot against the... Fri, 14 Nov 2008 08:43:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=661 feed://www.capital-iom.com/welcome?click=54&appid=660 Good Morning The Bank of England's determination to keep cutting rates will very likely push sterling below $1.40. Whilst disastrous for... Fri, 14 Nov 2008 08:33:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=660 feed://www.capital-iom.com/welcome?click=54&appid=659 Another Bad Day for Sterling as $1.48 Beckons Thursday 13 November 2008 Sterling has fallen over 5 cents on yesterday's opening... Thu, 13 Nov 2008 08:33:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=659 feed://www.capital-iom.com/welcome?click=54&appid=658 Swings in Sentiment Drive Forex Markets Wednesday, 13th November 2008 Currencies remain volatile with activity continuing to be... Wed, 12 Nov 2008 08:48:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=658 feed://www.capital-iom.com/welcome?click=54&appid=657 Good morning Various property related bits of bad news yesterday, and Britains worsening financial position sent sterling down to a 12 year... Wed, 12 Nov 2008 08:47:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=657 feed://www.capital-iom.com/welcome?click=54&appid=656 Impact of China's Fiscal Support Fades Fast Tuesday, 11th November 2008 Risk aversion picked up once again overnight as the impact... Tue, 11 Nov 2008 08:33:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=656 feed://www.capital-iom.com/welcome?click=54&appid=655 Good morning 11/11/08 The plunge in UK producer prices in October , (biggest monthly decline since records started in 1996),... Tue, 11 Nov 2008 08:27:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=655 feed://www.capital-iom.com/welcome?click=54&appid=654 Hopes for Fiscal Support Lift Markets Mood 10th November 2008 The news of a huge fiscal stimulus package from China (measured at... Mon, 10 Nov 2008 08:59:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=654 feed://www.capital-iom.com/welcome?click=54&appid=653 Good morning, The weekend press seems pleased with the 1.5% cut in base rate last week but it does not stop commentators asking for much... Mon, 10 Nov 2008 08:57:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=653 feed://www.capital-iom.com/welcome?click=54&appid=652 The European Central Bank cut its main lending rate by 50 basis points on Thursday as the euro zone economy slows. The move takes the ECB's... Thu, 06 Nov 2008 12:59:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=652 feed://www.capital-iom.com/welcome?click=54&appid=651 The Bank of England slashed borrowing costs on Thursday by 150 basis points to soften the blow of a sharp economic downturn The cut took... Thu, 06 Nov 2008 12:17:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=651 feed://www.capital-iom.com/welcome?click=54&appid=650 Thoughts Return to Fear of Global Recession Thursday, 6th November '08 The euphoria of the Obama presidential victory has been... Thu, 06 Nov 2008 08:30:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=650 feed://www.capital-iom.com/welcome?click=54&appid=649 Dollar Lifted by Obama Victory Wednesday, 5th November 2008 After falling some 3% versus the euro over yesterday's trading session... Wed, 05 Nov 2008 08:27:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=649 feed://www.capital-iom.com/welcome?click=54&appid=648 Morning all, BoE is under stronger pressure to make a deep rate cut tomorrow following very weak data yesterday, especially with regard... Wed, 05 Nov 2008 08:23:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=648 feed://www.capital-iom.com/welcome?click=54&appid=647 Aggressive Aussie Moves Hits Euro and Sterling Tuesday 4th November 2008 Talk of aggressive rate cuts from the ECB and BoE later... Tue, 04 Nov 2008 08:38:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=647 feed://www.capital-iom.com/welcome?click=54&appid=646 Markets Set for Another Volatile Week Monday, 3rd November 2008 Markets remain very volatile with all asset classes seemingly fixated... Mon, 03 Nov 2008 08:38:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=646 feed://www.capital-iom.com/welcome?click=54&appid=644 During this period of unprecedented turbulence in the world's financial markets, it is worth reminding ourselves of the real and perhaps less obvious benefits... Fri, 31 Oct 2008 09:17:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=644 feed://www.capital-iom.com/welcome?click=54&appid=643 Bank of Japan Cuts Rates by 0.2% Forex markets continue to see-saw, largely in line with stock market sentiment. However, end-month balance... Fri, 31 Oct 2008 08:48:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=643 feed://www.capital-iom.com/welcome?click=54&appid=642 Fed Delivers Expected 0.5% Rate Cut The dollar and yen remain under pressure with the euro on the ascendancy as risk appetite continues... Thu, 30 Oct 2008 10:53:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=642 feed://www.capital-iom.com/welcome?click=54&appid=641 In recent sessions a marked revival of risk appetite has been the major driver of forex markets. The rally in global stock markets that began on Monday... Wed, 29 Oct 2008 09:24:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=641 feed://www.capital-iom.com/welcome?click=54&appid=640 Markets Remain Volatile Forex markets continue to be volatile, swayed by swings in risk sentiment but also by interest rate prospects.... Tue, 28 Oct 2008 08:49:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=640 feed://www.capital-iom.com/welcome?click=54&appid=639 27th October 2008 As yet another eventful week draws to an end, markets are awash with stories of suspended trading on stock, hedge funds... Mon, 27 Oct 2008 09:12:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=639 feed://www.capital-iom.com/welcome?click=54&appid=638 Yen Surges as Fears for Global Economy Rise Friday 24 October 2008 The yen surged in overnight trade, hitting a six-year peak against... Fri, 24 Oct 2008 08:40:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=638 feed://www.capital-iom.com/welcome?click=54&appid=637 Good morning, Gordon Brown has finally admitted that the country is heading for recession. Then again he didn't have much choice, considering... Thu, 23 Oct 2008 15:16:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=637 feed://www.capital-iom.com/welcome?click=54&appid=636 Risk Aversion Benefits Dollar and Yen Thursday, 23rd October 2008 The dollar continues to benefit from fund demand and the unwinding... Thu, 23 Oct 2008 08:54:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=636 feed://www.capital-iom.com/welcome?click=54&appid=635 Good morning, The Governor of the Bank of England said yesterday that the country faced a “long, slow haul to restore the lending to the... Wed, 22 Oct 2008 15:09:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=635 feed://www.capital-iom.com/welcome?click=54&appid=634 Dollar Rallies on Hopes for US Support Tuesday, 21st October 2008 Both the euro and sterling came under strong selling pressure... Tue, 21 Oct 2008 08:35:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=634 feed://www.capital-iom.com/welcome?click=54&appid=633 Good morning, Government borrowing soared to record levels last month, according to the latest public finance figures. September's borrowing... Tue, 21 Oct 2008 08:10:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=633 feed://www.capital-iom.com/welcome?click=54&appid=632 Further Signs of Easing in Credit Markets Monday 20th October 2008 Signs of an easing in stress in credit market and a positive... Mon, 20 Oct 2008 08:53:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=632 feed://www.capital-iom.com/welcome?click=54&appid=631 Recession Fears Continue to Dominate Friday, 17th October 2008 There was a clear pick-up in the markets mood over the day yesterday... Fri, 17 Oct 2008 12:19:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=631 feed://www.capital-iom.com/welcome?click=54&appid=630 Dollar Gains as Risk Appetite Wanes Thursday 16 October 2008 The dollar gained ground versus the euro and sterling overnight as... Thu, 16 Oct 2008 11:57:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=630 feed://www.capital-iom.com/welcome?click=54&appid=629 Market Sentiment Remains Nervous Wednesday 15 October 2008 Concerns about the financial sector may be starting to recede as funding... Wed, 15 Oct 2008 08:42:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=629 feed://www.capital-iom.com/welcome?click=54&appid=628 Stocks Rally on Coordinated Rescue Plans Tuesday, 14th October 2008 Global stock markets soared yesterday following the positive... Tue, 14 Oct 2008 08:26:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=628 feed://www.capital-iom.com/welcome?click=54&appid=627 Good Morning. The Govt starts its bail out of our high street banks this morning. RBS is expected to have the biggest Govt stake,... Mon, 13 Oct 2008 09:46:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=627 feed://www.capital-iom.com/welcome?click=54&appid=626 Rescue Plans Bring Some Relief Monday, 13th October 2008 The announcement from European leaders of a package of measures aimed at... Mon, 13 Oct 2008 09:19:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=626 feed://www.capital-iom.com/welcome?click=54&appid=625 Another Day of Stock Losses Sees Yen Gain Friday 10 October 2008 The global financial crisis continues to deepen with the euro... Fri, 10 Oct 2008 09:09:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=625 feed://www.capital-iom.com/welcome?click=54&appid=623 Aggressive Aussie Move Lifts Markets Spirits Tuesday, 7th October '08 Although off its lows this morning, the euro is struggling... Tue, 07 Oct 2008 08:29:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=623 feed://www.capital-iom.com/welcome?click=54&appid=622 Markets Remain Very Nervous Monday 6 October 2008 Although money market pressures have eased a little following massive cash injections... Mon, 06 Oct 2008 09:28:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=622 feed://www.capital-iom.com/welcome?click=54&appid=621 Good morning, Europe seems to be in disarray this morning as Germany became the latest Government to guarantee bank deposits. This followed... Mon, 06 Oct 2008 09:26:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=621 feed://www.capital-iom.com/welcome?click=54&appid=620 Good Morning, The Greek government has issued a blanket guarantee of all bank deposits after panic withdrawals by customers in Athens and... Fri, 03 Oct 2008 08:19:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=620 feed://www.capital-iom.com/welcome?click=54&appid=619 Good Morning, The US House of Representatives is under growing pressure to pass the Bush administration's $700 billion financial rescue... Thu, 02 Oct 2008 08:37:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=619 feed://www.capital-iom.com/welcome?click=54&appid=618 Good Morning All, US Senate is today to vote on a revised $700bn Wall Street bail-out plan, the US Senate is expected to approve the proposals,... Wed, 01 Oct 2008 08:36:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=618 feed://www.capital-iom.com/welcome?click=54&appid=617 Welcome to what could be a very interesting day! The Dow Jones fell 777.7 to 10,365.4, a 7pc drop and its biggest ever one-day points... Tue, 30 Sep 2008 10:17:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=617 feed://www.capital-iom.com/welcome?click=54&appid=616 Good Morning All, The $700 billion rescue plan for the US economy came just after midnight, following hours of tense negotiations, shouting... Mon, 29 Sep 2008 08:28:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=616 feed://www.capital-iom.com/welcome?click=54&appid=603 Markets Await Latest on Bailout Plan Friday 26 September 2008 Hopes of an imminent deal from Congress and a strong performance... Fri, 26 Sep 2008 08:37:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=603 feed://www.capital-iom.com/welcome?click=54&appid=602 Uncertainty Over US Plan Continues to Dominate Thursday, 25th September '08 Markets continue to be dogged by concerns over the... Thu, 25 Sep 2008 08:30:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=602 feed://www.capital-iom.com/welcome?click=54&appid=601 Dollar Sentiment Remains Fragile Wednesday 24 September 2008 Fed Chairman Bernanke and Treasury Secretary Paulson did little to... Wed, 24 Sep 2008 08:39:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=601 feed://www.capital-iom.com/welcome?click=54&appid=600 Dollar Tumbles on Cost of Bail Out Plan Tuesday 23 September 2008 Volatility levels picked up on financial markets once again yesterday,... Tue, 23 Sep 2008 08:30:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=600 feed://www.capital-iom.com/welcome?click=54&appid=599 Update on Capital International's Capital Liquidity Managed Account 22nd September 2008 In light of the recent events in our industry, and... Mon, 22 Sep 2008 11:42:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=599 feed://www.capital-iom.com/welcome?click=54&appid=598 Pick Up In Risk Appetite Hits Dollar Monday, 22nd September '08 Caution persists in underlying market sentiment but risk appetite... Mon, 22 Sep 2008 09:12:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=598 feed://www.capital-iom.com/welcome?click=54&appid=597 Talk of Rescue Package Lifts Spirits Friday, 19th September 2008 Markets remain volatile though the coordinated efforts of central... Fri, 19 Sep 2008 08:34:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=597 feed://www.capital-iom.com/welcome?click=54&appid=596 Global markets are still under pressure and trading looks set to remain volatile, with the dollar opening softer across the board. It came under selling... Thu, 18 Sep 2008 08:36:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=596 feed://www.capital-iom.com/welcome?click=54&appid=594 Wednesday 17 September 2008 AIG Bailout Helps Soothe Markets It looks set to be another tense and likely volatile day as forex markets... Wed, 17 Sep 2008 08:47:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=594 feed://www.capital-iom.com/welcome?click=54&appid=593 ... Wed, 17 Sep 2008 08:22:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=593 feed://www.capital-iom.com/welcome?click=54&appid=592 Yen the Beneficiary of Risk Aversion Trades 16th September 2008 The yen remains the main beneficiary of risk aversion trades as the... Tue, 16 Sep 2008 11:10:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=592 feed://www.capital-iom.com/welcome?click=54&appid=591 Following developments in the US financial markets over the weekend, we can confirm that none of the Capital Liquidity Managed Accounts (CLMA) that we... Mon, 15 Sep 2008 11:56:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=591 feed://www.capital-iom.com/welcome?click=54&appid=590 Fallout from Financial Crisis Deepens 15th September 2008 It looks set to be a volatile week with the dollar falling sharply versus... Mon, 15 Sep 2008 08:18:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=590 feed://www.capital-iom.com/welcome?click=54&appid=589 Good Morning, The doom and gloom of the high street intensified further yesterday when the chief executive of Next forecast the slowdown... Thu, 11 Sep 2008 09:02:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=589 feed://www.capital-iom.com/welcome?click=54&appid=588 Euro Sees New Lows 11th September 2008 The euro extended its losses versus the US dollar yesterday, dipping below the $1.40 level... Thu, 11 Sep 2008 08:52:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=588 feed://www.capital-iom.com/welcome?click=54&appid=587 Volatility Up On Financial Sector Concerns 10th September 2008 Market's optimism over the takeover of US GSE's Fannie Mae and Freddie... Wed, 10 Sep 2008 09:00:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=587 feed://www.capital-iom.com/welcome?click=54&appid=586 Good morning, Britain seemed to be edging closer to recession yesterday as a leading economic institute said the economy was shrinking.... Wed, 10 Sep 2008 08:20:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=586 feed://www.capital-iom.com/welcome?click=54&appid=585 Initial Euphoria of US Rescue Plan Fades 9th September 2008 The dollar continued to benefit from the US government's bailout of the... Tue, 09 Sep 2008 08:41:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=585 feed://www.capital-iom.com/welcome?click=54&appid=584 Good morning, UK factory gate prices fell by 0.6% in August, the biggest drop in 22 years. This has sparked hopes for an interest rate cut... Tue, 09 Sep 2008 08:28:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=584 feed://www.capital-iom.com/welcome?click=54&appid=582 Welcoming the news that the US Government has taken the control of mortgage fanince companies Fannie Mae and Freddie Mac, the dollar remains in a bullish... Mon, 08 Sep 2008 11:15:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=582 feed://www.capital-iom.com/welcome?click=54&appid=581 Good morning, Yesterday saw a big move by the American Government as it came to the rescue of Freddie Mac and Fannie Mae, America's two... Mon, 08 Sep 2008 08:27:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=581 feed://www.capital-iom.com/welcome?click=54&appid=580 Dollar Charges Ahead Versus Euro and Sterling Friday 5th September 2008 07.38am GMT Tough talk from the ECB at yesterday's... Fri, 05 Sep 2008 08:43:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=580 feed://www.capital-iom.com/welcome?click=54&appid=579 The European Central Bank announced their decision this morning to keep base rate unchanged at 4.25%. Therefore, the Capital Liquidity Account... Thu, 04 Sep 2008 12:55:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=579 feed://www.capital-iom.com/welcome?click=54&appid=578 The Bank of England announced their decision this morning to keep base rate unchanged at 5.00%. Therefore, the Capital Liquidity Account... Thu, 04 Sep 2008 12:08:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=578 feed://www.capital-iom.com/welcome?click=54&appid=577 Dollar Pauses Ahead of Policy Announcements 4th September 2008 Yesterday saw a move to fresh eight month highs of $1.4386 for the... Thu, 04 Sep 2008 09:01:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=577 feed://www.capital-iom.com/welcome?click=54&appid=576 Dollar Rally Continues 3rd September 2008 Falling oil prices and concerns about the outlook for the global economy gave the dollar... Wed, 03 Sep 2008 10:11:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=576 feed://www.capital-iom.com/welcome?click=54&appid=575 No Let Up in Sterling Pressure 2nd September 2008 Yesterday's economic data did little to dispel the gloom surrounding the UK economy.... Tue, 02 Sep 2008 09:49:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=575 feed://www.capital-iom.com/welcome?click=54&appid=574 Oil prices fell yesterday as Hurricane Gustav weakened to Category 2. British banks could soon be scrambling for short term funding as the... Tue, 02 Sep 2008 08:47:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=574 feed://www.capital-iom.com/welcome?click=54&appid=573 Sterling Again Under Pressure 1st September 2008 Sterling is the big story again this morning. The currency is coming under renewed... Mon, 01 Sep 2008 09:24:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=573 feed://www.capital-iom.com/welcome?click=54&appid=565 Dear Reader, Daily Market Commentary - Update Our daily market commentary is currently suspended and will resume normal service... Mon, 18 Aug 2008 09:50:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=565 feed://www.capital-iom.com/welcome?click=54&appid=564 Euro Sees New Lows Below $1.48 Friday, 15th August 2008 The euro held up reasonably well against the dollar yesterday in the face... Fri, 15 Aug 2008 08:26:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=564 feed://www.capital-iom.com/welcome?click=54&appid=563 Good morning Recession is alive and well in Europe. Eurozone output shrank by 0.2% in the second quarter of this year. The first fall since... Fri, 15 Aug 2008 08:13:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=563 feed://www.capital-iom.com/welcome?click=54&appid=562 Euro Nervous Ahead of GDP Data Thursday, 14th August 2008 The euro is holding in a tight range versus the dollar for now, trading... Thu, 14 Aug 2008 08:31:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=562 feed://www.capital-iom.com/welcome?click=54&appid=561 Good morning Mervyn King yesterday refuted claims he had lost control of the economy as the Bank of England issued its darkest assessment... Thu, 14 Aug 2008 08:04:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=561 feed://www.capital-iom.com/welcome?click=54&appid=560 Dollar Pauses After 5 Day Rally Wednesday, 13th August 2008 The dollar's five day rally appeared to come to an end yesterday, with... Wed, 13 Aug 2008 09:44:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=560 feed://www.capital-iom.com/welcome?click=54&appid=559 Good morning Despite the sharp rise to 4.4% for CPI in July, and the prospect that the Bank of England's inflation report today will tell... Wed, 13 Aug 2008 09:41:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=559 feed://www.capital-iom.com/welcome?click=54&appid=558 Euro Remains Under Pressure Tuesday, 12th August 2008 Comments from the ECB's council member Liebescher that the central bank remains... Tue, 12 Aug 2008 08:19:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=558 feed://www.capital-iom.com/welcome?click=54&appid=557 Good morning More bad news for the economy, the British retail Consortium reported like for like sales down 0.9% in July compared to last... Tue, 12 Aug 2008 08:17:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=557 feed://www.capital-iom.com/welcome?click=54&appid=556 Euro Under Pressure at $1.50 Monday, 11th August 2008 After Friday's biggest one day drop since January 2001, the euro is starting... Mon, 11 Aug 2008 09:10:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=556 feed://www.capital-iom.com/welcome?click=54&appid=555 Good morning Richard Lambert , CBI Director-General) has warned that the economy is deteriorating faster than expected. 'There is no doubt... Mon, 11 Aug 2008 09:08:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=555 feed://www.capital-iom.com/welcome?click=54&appid=554 Euro Tumbles as ECB on Hold Friday, 8th August 2008 The euro is trading at five month lows versus the dollar, with a wave of selling... Fri, 08 Aug 2008 10:36:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=554 feed://www.capital-iom.com/welcome?click=54&appid=553 Good morning Both the Bank of England and the European Central Bank left interest rates unchanged. House prices fell by 1,7%... Fri, 08 Aug 2008 10:35:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=553 feed://www.capital-iom.com/welcome?click=54&appid=552 ... Thu, 07 Aug 2008 12:50:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=552 feed://www.capital-iom.com/welcome?click=54&appid=551 ... Thu, 07 Aug 2008 12:08:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=551 feed://www.capital-iom.com/welcome?click=54&appid=550 Euro on Defensive Ahead of ECB Thursday, 7th August 2008 Despite Tuesday's relatively benign statement from the Fed, the dollar is... Thu, 07 Aug 2008 08:48:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=550 feed://www.capital-iom.com/welcome?click=54&appid=549 Good morning Today we await the MPC announcement at noon. The general consensus is for no change, but with rising inflation there has been... Thu, 07 Aug 2008 08:47:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=549 feed://www.capital-iom.com/welcome?click=54&appid=548 Dollar Holds Gains After Fed Wednesday, 6th August 2008 A further fall in oil prices helped to push the dollar to seven week highs... Wed, 06 Aug 2008 08:31:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=548 feed://www.capital-iom.com/welcome?click=54&appid=547 ... Wed, 06 Aug 2008 08:15:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=547 feed://www.capital-iom.com/welcome?click=54&appid=546 Dollar Looks to Fed for Support Tuesday, 5th August 2008 The dollar rose to seven week highs versus a basket of currencies in early... Tue, 05 Aug 2008 09:14:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=546 feed://www.capital-iom.com/welcome?click=54&appid=545 Good morning Construction activity in the UK fell to a record low in July. The industry's performance fell by 21 points to 36.7 the lowest... Tue, 05 Aug 2008 09:09:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=545 feed://www.capital-iom.com/welcome?click=54&appid=544 Weekly Market Brief - 4th to 8th August '08 Highlights for the Week Ahead The focus will be on monetary policy this week,... Mon, 04 Aug 2008 08:39:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=544 feed://www.capital-iom.com/welcome?click=54&appid=543 Good morning It is nearly a year since the credit crunch began and there seems no sign of improvement. Three of the clearing banks, RBS,... Mon, 04 Aug 2008 08:23:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=543 feed://www.capital-iom.com/welcome?click=54&appid=542 Dollar Holds Its Nerve Ahead of Payrolls Friday, 1st August 2008 The dollar's rebound looked to be on shaky ground yesterday, with... Fri, 01 Aug 2008 10:46:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=542 feed://www.capital-iom.com/welcome?click=54&appid=541 Good morning HBOS reported a 72pc collapse in pre-tax profits to £848m for the six months to June yesterday, however their shares rallied... Fri, 01 Aug 2008 10:45:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=541 feed://www.capital-iom.com/welcome?click=54&appid=540 Euro Under Pressure as Data Disappoint Thursday 31st July 2008 A sharp fall in the European Commission's measure of eurozone business... Thu, 31 Jul 2008 08:37:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=540 feed://www.capital-iom.com/welcome?click=54&appid=539 Good Morning, As expected Lloyds bank profits were dire yesterday, with a 70 % fall in profits. Interest rates may be closer to rising next... Thu, 31 Jul 2008 08:34:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=539 feed://www.capital-iom.com/welcome?click=54&appid=537 Wednesday 30th July 2008 Today we received official notification from Standard & Poor's Rating Service that the three Capital Liquidity... Wed, 30 Jul 2008 12:24:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=537 feed://www.capital-iom.com/welcome?click=54&appid=535 Dollar Up as Oil Prices Slip Further Wednesday, 30th July 2008 The dollar found some respite in yesterday's news that US consumer... Wed, 30 Jul 2008 08:37:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=535 feed://www.capital-iom.com/welcome?click=54&appid=534 Good Morning. The CBI distributive trades survey yesterday reported that the high street is now suffereing the worst slump since compareable... Wed, 30 Jul 2008 08:23:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=534 feed://www.capital-iom.com/welcome?click=54&appid=533 Weak Data Continue to Restrict Euro Tuesday 29 July 2008 Sentiment remains dollar bearish as markets continue to fret about the health of... Tue, 29 Jul 2008 08:25:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=533 feed://www.capital-iom.com/welcome?click=54&appid=532 Good Morning.. The IMF yesterday warned that the world economy is now in a "Vicious Circle" as the financial market crisis is now worsened... Tue, 29 Jul 2008 08:18:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=532 feed://www.capital-iom.com/welcome?click=54&appid=531 Firmer Dollar Tone May be Tested Monday 28 July 2008 The dollar got a lift going into the weekend when the final Michigan consumer... Mon, 28 Jul 2008 08:20:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=531 feed://www.capital-iom.com/welcome?click=54&appid=530 Euro Upside Hampered by Weak Data Friday 25 July 2008 Currencies remain volatile within ranges, with a weaker than anticipated... Fri, 25 Jul 2008 08:50:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=530 feed://www.capital-iom.com/welcome?click=54&appid=529 Good morning, Retail sales fell 3.9% in June, after a record surge in May, far worse than the 2.6% fall expected. Last month's... Fri, 25 Jul 2008 08:48:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=529 feed://www.capital-iom.com/welcome?click=54&appid=528 Dollar Rallies on Falling Oil Prices Thursday 24 July 2008 The dollar is trading back below the $1.57 level versus the euro, taking... Thu, 24 Jul 2008 10:11:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=528 feed://www.capital-iom.com/welcome?click=54&appid=527 Good Morning, Minutes released yesterday showed a surprise all round, with the MPC voting a three way split. Tim Besley, the MPC's... Thu, 24 Jul 2008 10:10:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=527 feed://www.capital-iom.com/welcome?click=54&appid=526 Good Morning, Yesterday Mr. King admitted that there may be little that the authorities can do to prevent financial crisis from taking place,... Wed, 23 Jul 2008 09:13:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=526 feed://www.capital-iom.com/welcome?click=54&appid=525 Dollar Remains on the Defensive Tuesday 22 July 2008 The dollar was under steady selling pressure for much of the day yesterday... Tue, 22 Jul 2008 12:37:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=525 feed://www.capital-iom.com/welcome?click=54&appid=524 Good morning, Not all doom and gloom today, Barclays and Abbey became the latest mortgage lenders to announce rate cuts yesterday as the... Tue, 22 Jul 2008 12:35:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=524 feed://www.capital-iom.com/welcome?click=54&appid=523 Dollar Looks to Stocks for Direction Monday 21 July 2008 Forex markets have started the week on a cautious note, with the dollar... Mon, 21 Jul 2008 09:19:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=523 feed://www.capital-iom.com/welcome?click=54&appid=522 Good Morning, Hope you all had a good weekend. This week the UK has some important figures to be released, to keep us guessing. ... Mon, 21 Jul 2008 09:17:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=522 feed://www.capital-iom.com/welcome?click=54&appid=521 Dollar Slips as Financial Concerns Weigh Friday 18 July 2008 The dollar weakened against the euro in early trade yesterday. Hawkish... Fri, 18 Jul 2008 08:42:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=521 feed://www.capital-iom.com/welcome?click=54&appid=520 Good morning, Things usually look better on a Friday, and today is no exception, apart from the weather, which looks set to ruin another... Fri, 18 Jul 2008 08:33:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=520 feed://www.capital-iom.com/welcome?click=54&appid=519 Dollar Moves Up From Record Lows Thursday 17 July 2008 The dollar, yesterday, moved further away from Tuesday's record low against... Thu, 17 Jul 2008 08:33:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=519 feed://www.capital-iom.com/welcome?click=54&appid=518 Good morning, The economy was hit with the worst unemployment figures for 16 years yesterday, with more gloom on the horizon as two of Britain's... Thu, 17 Jul 2008 08:32:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=518 feed://www.capital-iom.com/welcome?click=54&appid=517 Euro Slips from Fresh Highs Wednesday 16 July 2008 The euro printed fresh lifetime highs versus the dollar yesterday, hitting $1.6038... Wed, 16 Jul 2008 09:01:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=517 feed://www.capital-iom.com/welcome?click=54&appid=516 Good morning, More than £30 billion was wiped off the value of Britain's biggest companies yesterday amidst new levels of hysteria in the... Wed, 16 Jul 2008 08:59:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=516 feed://www.capital-iom.com/welcome?click=54&appid=515 Dollar Looks to Bernanke Tuesday 15 July 2008 The dollar is back under pressure this morning, with markets questioning the viability... Tue, 15 Jul 2008 08:32:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=515 feed://www.capital-iom.com/welcome?click=54&appid=514 Good morning, Good news is not something that the financial sector has seen much of in recent months, however markets reacted well yesterday... Tue, 15 Jul 2008 08:31:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=514 feed://www.capital-iom.com/welcome?click=54&appid=513 Euro Slips as Rescue Plan Lifts Dollar Monday 14 July 2008 On Friday the dollar neared record lows versus the euro, on worries about... Mon, 14 Jul 2008 08:19:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=513 feed://www.capital-iom.com/welcome?click=54&appid=512 Good morning, On Friday, share prices worldwide collapsed as Wall Street was gripped by rumours of bankruptcy of the two largest financial... Mon, 14 Jul 2008 08:15:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=512 feed://www.capital-iom.com/welcome?click=54&appid=511 Euro Fails to Hold $1.58 Friday, 11th July '08 The dollar came under some selling pressure versus the euro in late trading yesterday... Fri, 11 Jul 2008 08:48:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=511 feed://www.capital-iom.com/welcome?click=54&appid=510 ... Thu, 10 Jul 2008 13:05:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=510 feed://www.capital-iom.com/welcome?click=54&appid=509 Weak Stocks Trouble Dollar Thursday, 10th July 2008 Another poor day on Wall Street kept the dollar in the spotlight yesterday, with... Thu, 10 Jul 2008 11:23:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=509 feed://www.capital-iom.com/welcome?click=54&appid=508 Morning G8 ministers rounded off their meeting in Japan with an eight course banquet then flew half way around the world back to their day... Thu, 10 Jul 2008 11:22:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=508 feed://www.capital-iom.com/welcome?click=54&appid=495 Fall in Commodities Cheers Markets Wednesday 9 July 2008 Activity levels were subdued overnight, with the euro in a narrow range... Wed, 09 Jul 2008 09:12:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=495 feed://www.capital-iom.com/welcome?click=54&appid=494 Dollar Edgy As Risk Aversion Picks Up Tuesday 8 July 2008 The euro pushed back through the $1.57 level yesterday, finding some support... Tue, 08 Jul 2008 08:36:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=494 feed://www.capital-iom.com/welcome?click=54&appid=493 Morning Well one word looms on the horizon this morning, RECESSION! Yesterdays manufacturing output showed a steeper than expected decline.... Tue, 08 Jul 2008 08:34:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=493 feed://www.capital-iom.com/welcome?click=54&appid=492 Dollar Starts Week With Bid Tone Monday, 7th July 2008 The dollar has started the week on a firmer footing as trading gets underway... Mon, 07 Jul 2008 08:23:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=492 feed://www.capital-iom.com/welcome?click=54&appid=491 Euro Slips on ECB Remarks Friday 4 July 2008 The ECB delivered a 0.25% rate increase as promised yesterday but disappointed euro... Fri, 04 Jul 2008 08:20:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=491 feed://www.capital-iom.com/welcome?click=54&appid=490 Good morning, The services sector shrank for the 2nd month in a row in June, with its activity falling to the lowest levels since October... Fri, 04 Jul 2008 08:15:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=490 feed://www.capital-iom.com/welcome?click=54&appid=489 ... Thu, 03 Jul 2008 13:18:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=489 feed://www.capital-iom.com/welcome?click=54&appid=488 Big Day Ahead for Markets Thursday, 3rd July '08 A weaker than anticipated ADP employment report provided a further boost for the... Thu, 03 Jul 2008 08:31:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=488 feed://www.capital-iom.com/welcome?click=54&appid=487 Good morning, According to the Bank of England, mortgage equity withdrawal (when homeowners extract cash against the value of their property)... Thu, 03 Jul 2008 08:30:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=487 feed://www.capital-iom.com/welcome?click=54&appid=486 Talk of Rate Hike Keeps Euro Firm Wednesday, 2nd July 2008 The euro moved back above the $1.58 overnight as it holds firm ahead of... Wed, 02 Jul 2008 09:07:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=486 feed://www.capital-iom.com/welcome?click=54&appid=485 Good morning, The FTSE 100 index tumbled 2.6% yesterday, and was on the brink of sliding into a new bear market last night with Market insiders... Wed, 02 Jul 2008 09:06:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=485 feed://www.capital-iom.com/welcome?click=54&appid=484 Euro Struggles to Push Past $1.58 Tuesday 1 July 2008 The dollar has clawed back some ground versus the euro as sentiment improved... Tue, 01 Jul 2008 08:35:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=484 feed://www.capital-iom.com/welcome?click=54&appid=483 Good morning, Mortgage levels plunged in May, fuelling alarm over prospects for house prices as the number of new home loans agreed fell... Tue, 01 Jul 2008 08:34:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=483 feed://www.capital-iom.com/welcome?click=54&appid=482 Good morning, Consumer confidence sank to minus 34 in June, down five points since May and near a record low. The poll found that confidence... Mon, 30 Jun 2008 09:12:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=482 feed://www.capital-iom.com/welcome?click=54&appid=481 Euro Looks to Test $1.58 Monday 30 June 2008 The euro remains firm versus the dollar following last week's adjustment in US interest... Mon, 30 Jun 2008 08:56:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=481 feed://www.capital-iom.com/welcome?click=54&appid=477 Dollar Under Pressure Friday 27 June 2008 Despite some evidence of profit taking overnight, the dollar remains on the back foot versus... Fri, 27 Jun 2008 08:38:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=477 feed://www.capital-iom.com/welcome?click=54&appid=475 Dollar Slips on Cautious Fed Tone Thursday 26 June 2008 The Fed remains focused on inflation stating last night that “while downside... Thu, 26 Jun 2008 08:28:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=475 feed://www.capital-iom.com/welcome?click=54&appid=474 Dollar Looks to FOMC Announcement Wednesday 25 June 2008 The dollar briefly dipped through $1.56 to the euro yesterday following... Wed, 25 Jun 2008 08:55:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=474 feed://www.capital-iom.com/welcome?click=54&appid=473 Euro Slips on Weak Data Tuesday 24 June 2008 Weaker than expected manufacturing and services PMI's for June saw the euro come under... Tue, 24 Jun 2008 09:33:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=473 feed://www.capital-iom.com/welcome?click=54&appid=472 All Eyes on Fed Decision Monday 23 June 2008 The dollar lost some ground on Friday after higher oil prices and a sell off in stocks... Mon, 23 Jun 2008 08:29:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=472 feed://www.capital-iom.com/welcome?click=54&appid=471 Traders Take to Sidelines Ahead of Weekend Friday 20 June 2008 There was a general lack of direction during the overnight session... Fri, 20 Jun 2008 08:45:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=471 feed://www.capital-iom.com/welcome?click=54&appid=470 Dollar Slips As Markets Rethink Rate View Thursday 19 June 2008 The euro has started the day high against the dollar amid some suggestions... Thu, 19 Jun 2008 14:28:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=470 feed://www.capital-iom.com/welcome?click=54&appid=462 Currencies Stick to Tight Ranges Wednesday, 18th June 2008 The dollar edged lower versus the euro and yen yesterday as expectations... Wed, 18 Jun 2008 08:39:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=462 feed://www.capital-iom.com/welcome?click=54&appid=461 Good morning CPI again takes centre stage, it came in at 3.3% (higher than City estimates), and Mervyn King had to send his letter of contrition... Wed, 18 Jun 2008 08:26:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=461 feed://www.capital-iom.com/welcome?click=54&appid=460 Dollar Slips as Market Moves to Trim Rate Outlook Tuesday 17 June 2008 The dollar lost ground versus the euro and yen overnight on... Tue, 17 Jun 2008 08:52:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=460 feed://www.capital-iom.com/welcome?click=54&appid=459 Highlights for the week Ahead 16th -20th June 2008 Housing data feature strongly in the US this week with the NAHB index for June... Mon, 16 Jun 2008 10:03:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=459 feed://www.capital-iom.com/welcome?click=54&appid=458 G8 Fail to Provide Any Direction Monday, 16th June '08 Commodity prices pose serious risks to global growth but, despite the much... Mon, 16 Jun 2008 08:46:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=458 feed://www.capital-iom.com/welcome?click=54&appid=457 Good morning Banks shares staged good rallies on Friday- and in particular HBOS rose well above their rights issue price. They finished... Mon, 16 Jun 2008 08:43:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=457 feed://www.capital-iom.com/welcome?click=54&appid=456 Traders Take to Sidelines Ahead of Weekend Friday, 13th June 2008 The euro is holding in a relatively tight range versus the dollar... Fri, 13 Jun 2008 08:33:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=456 feed://www.capital-iom.com/welcome?click=54&appid=455 Good Morning, 2yr yields pushed higher again yesterday as the market expects inflation to rise above 4% over the next year , forcing the... Fri, 13 Jun 2008 08:09:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=455 feed://www.capital-iom.com/welcome?click=54&appid=454 Rate Expectations Leave Markets Uncertain Thursday, 12th June 2008 Markets are still struggling to come to terms with the fact that... Thu, 12 Jun 2008 09:06:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=454 feed://www.capital-iom.com/welcome?click=54&appid=453 Good Morning, Rising unemployment added to the mounting economic gloom yesterday as bank shares continued to decline in value.The market... Thu, 12 Jun 2008 08:54:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=453 feed://www.capital-iom.com/welcome?click=54&appid=452 Talk of Intervention Boost Dollar Wednesday, 11th June 2008 The euro came under additional selling pressure versus the dollar over... Wed, 11 Jun 2008 08:34:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=452 feed://www.capital-iom.com/welcome?click=54&appid=451 Good Morning, Comments by Federal Reserve Chairman Ben Bernanke caused longer term rates to strengthen further yesterday. It seems the Fed... Wed, 11 Jun 2008 08:11:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=451 feed://www.capital-iom.com/welcome?click=54&appid=450 Fed Comments Lift Dollar Tuesday, 10th June 2008 The strong euro story continued in early trading yesterday as it continued to benefit... Tue, 10 Jun 2008 09:20:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=450 feed://www.capital-iom.com/welcome?click=54&appid=449 Good Morning, UK Industrial and Manufacturing production for April are due out today; both expected to be close to flat which will... Tue, 10 Jun 2008 09:19:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=449 feed://www.capital-iom.com/welcome?click=54&appid=448 ECB WARNS THAT IT MAY HIKE RATES The ECB President, Mr Trichet, stunned the markets by saying that some on the ECB Council wanted to hike... Mon, 09 Jun 2008 09:11:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=448 feed://www.capital-iom.com/welcome?click=54&appid=447 Dollar Under Pressure Monday, 9th June 2008 The dollar fell across the board on Friday on the news that the US unemployment rate... Mon, 09 Jun 2008 08:31:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=447 feed://www.capital-iom.com/welcome?click=54&appid=446 Good Morning, 2yr Gilt yields continue to rise for the 4th week in a row , with yields now firmly above 10yrs. The market believes high... Mon, 09 Jun 2008 08:17:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=446 feed://www.capital-iom.com/welcome?click=54&appid=445 ... Thu, 05 Jun 2008 12:50:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=445 feed://www.capital-iom.com/welcome?click=54&appid=444 ... Thu, 05 Jun 2008 12:06:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=444 feed://www.capital-iom.com/welcome?click=54&appid=443 ECB and BoE Meet Thursday, 5th June '08 The dollar has largely managed to hold on to Tuesday's sharp gains, helped yesterday by a... Thu, 05 Jun 2008 08:44:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=443 feed://www.capital-iom.com/welcome?click=54&appid=442 Morning all, Slowing service sector growth data will not be enough to allow MPC to cut rates today, a view backed by the OECD yesterday... Thu, 05 Jun 2008 08:20:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=442 feed://www.capital-iom.com/welcome?click=54&appid=441 Bernanke Comments Lift Dollar Wednesday, 4th June 2008 The dollar jumped yesterday after Fed Chairman, Ben Bernanke, said that... Wed, 04 Jun 2008 09:21:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=441 feed://www.capital-iom.com/welcome?click=54&appid=440 Morning all, Rates turned back up after Bernancke airing concerns about inflationary pressures caused by the weakness of $US and reaffirming... Wed, 04 Jun 2008 08:36:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=440 feed://www.capital-iom.com/welcome?click=54&appid=439 A Bad Day for Sterling Tuesday, 3rd June 2008 Sterling fell sharply yesterday following a profit warning from Bradford and Bingley, the UK's... Tue, 03 Jun 2008 08:43:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=439 feed://www.capital-iom.com/welcome?click=54&appid=438 Morning all, Weak data yesterday has forced 1 to 5 year swaps down a further 10 to 15 bp, but with manufacturers still planning price rises... Tue, 03 Jun 2008 08:34:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=438 feed://www.capital-iom.com/welcome?click=54&appid=437 STERLING WEAKER ON FINANCIAL TROUBLES Sterling has been hit this morning with falls against the Euro and Usd on the back of concern over... Mon, 02 Jun 2008 09:21:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=437 feed://www.capital-iom.com/welcome?click=54&appid=436 Morning all, It's that time of the month again, but no hint of pre meeting tension as the market fully expects no change in rates to be... Mon, 02 Jun 2008 08:24:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=436 feed://www.capital-iom.com/welcome?click=54&appid=435 Dollar Continues its Recovery Friday 30 May 2008 Falling oil prices*, the news that the US economy did not perform as badly as feared... Fri, 30 May 2008 09:07:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=435 feed://www.capital-iom.com/welcome?click=54&appid=434 The retreat from the high streets slowed slightly this month. Even in the face of sliding confidence, the CBI indication of a modest revival in... Fri, 30 May 2008 08:51:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=434 feed://www.capital-iom.com/welcome?click=54&appid=433 US Dollar Gains on Durable Goods Report The Euro has started the day below $1.56 versus the US Dollar, with the US currency lifted by the... Thu, 29 May 2008 11:59:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=433 feed://www.capital-iom.com/welcome?click=54&appid=432 Inflation expectations among the public rose sharply in April. The average EXPECTATION of inflation in 12 months time rose to 4.1%, the highest since the... Thu, 29 May 2008 08:32:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=432 feed://www.capital-iom.com/welcome?click=54&appid=431 Good Morning, Mortgage lending fell by nearly 40 per cent last month as buyers continued to struggle to secure a home loan. The average... Wed, 28 May 2008 08:37:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=431 feed://www.capital-iom.com/welcome?click=54&appid=430 Fall in Oil Prices Lifts Dollar The euro failed to hold the $1.58 level yesterday, with strong selling seen over the day as the dollar found... Wed, 28 May 2008 08:31:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=430 feed://www.capital-iom.com/welcome?click=54&appid=429 Euro Sees $1.58 as Dollar Stumbles After a quiet day yesterday, activity remained uninspiring overnight though the euro did manage to see... Tue, 27 May 2008 08:47:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=429 feed://www.capital-iom.com/welcome?click=54&appid=428 Good Morning, This week's Consumer confidence figure is to be released for May, it is expected to have suffered yet another decline. The... Tue, 27 May 2008 08:46:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=428 feed://www.capital-iom.com/welcome?click=54&appid=427 The US Dollar saw modest gains over the day yesterday, as a better than anticipated weekly jobless claims report provided some underlying support. However,... Fri, 23 May 2008 09:08:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=427 feed://www.capital-iom.com/welcome?click=54&appid=426 High street sales fell by 0.2% in April, matching the drop registered in march, marking the first back-to-back monthly declines in sales volumes for more... Fri, 23 May 2008 08:34:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=426 feed://www.capital-iom.com/welcome?click=54&appid=425 The Euro is trading not far below the $1.58 level, having hit a fresh a one month high to the US Dollar overnight. It jumped yesterday after a surprisingly... Thu, 22 May 2008 09:01:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=425 feed://www.capital-iom.com/welcome?click=54&appid=424 I expect there are lots of tired and in some cases emotional people today, after last night's magnificent clash of the football Titans! The... Thu, 22 May 2008 08:38:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=424 feed://www.capital-iom.com/welcome?click=54&appid=423 The euro looks to be pushing back into higher ground versus the US dollar, with yesterday's strong German producer prices report and comments from the... Wed, 21 May 2008 09:17:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=423 feed://www.capital-iom.com/welcome?click=54&appid=422 Markets Look to ZEW Index for Fresh Direction Tuesday, 20th May 2008 The dollar reversed some of its earlier losses versus the euro... Tue, 20 May 2008 08:15:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=422 feed://www.capital-iom.com/welcome?click=54&appid=421 Dollar Undermined by Confidence Data Monday, 19th May 2008 The dollar is still feeling the effects of Friday's unexpectedly large drop in... Mon, 19 May 2008 08:45:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=421 feed://www.capital-iom.com/welcome?click=54&appid=420 Highlights for the Week Ahead - 19th to 23rd May 2008 The minutes of the last FOMC meeting (when rates were cut by 0.25% to 2.0%) are due... Mon, 19 May 2008 08:05:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=420 feed://www.capital-iom.com/welcome?click=54&appid=419 Good morning Business confidence figures have shown a decline to minus 19.7 in the last quarter from minus 7.2 the previous quarter against... Mon, 19 May 2008 07:59:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=419 feed://www.capital-iom.com/welcome?click=54&appid=418 Dollar Holds $1.55 Despite Mixed Data Friday, 16th of May, 2008 The euro got a boost from yesterday's release of better than expected... Fri, 16 May 2008 08:35:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=418 feed://www.capital-iom.com/welcome?click=54&appid=417 Good Morning.. Money markets saw a tightening in rates across the board yesterday, as the dire inflation news of the previous day, sunk... Fri, 16 May 2008 08:15:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=417 feed://www.capital-iom.com/welcome?click=54&appid=416 Oil rose on Thursday, bossted partly by weakness in the dollar versus the euro after strong economic growth data from France and Germany. ... Thu, 15 May 2008 15:49:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=416 feed://www.capital-iom.com/welcome?click=54&appid=415 Sterling was trapped on Thursday near three-month lows hit the previous day against the dollar, strangled by the prospect of inflation staying higher for... Thu, 15 May 2008 13:44:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=415 feed://www.capital-iom.com/welcome?click=54&appid=414 The euro wiped earlier gains versus the dollar on Thursday after Europeans Central Bank President Jean-Claude Trichet warned that second-quarter growth... Thu, 15 May 2008 13:30:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=414 feed://www.capital-iom.com/welcome?click=54&appid=413 UK Growth-Inflation Mix Bad News for Sterling Thursday, 15th May, 2008 Sterling hit a three-month low versus the dollar, while remaining... Thu, 15 May 2008 08:34:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=413 feed://www.capital-iom.com/welcome?click=54&appid=412 Good Morning.. Bank of England governor Mervyn King, yesterday gave a stark warning, that the country might be heading to recession. ... Thu, 15 May 2008 08:06:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=412 feed://www.capital-iom.com/welcome?click=54&appid=411 British inflation will shoot up over this year and remain above the 2 percent target if interest rates fall by half a percentage point, the Bank of England's... Wed, 14 May 2008 11:44:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=411 feed://www.capital-iom.com/welcome?click=54&appid=410 The dollar rose broadly on Wednesday, building on gains made after robust U.S. retail data, with attention turning to inflation figures that could heighten... Wed, 14 May 2008 11:29:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=410 feed://www.capital-iom.com/welcome?click=54&appid=409 Sterling extended losses towards an earlier three-month low versus the dollar on Wednesday after rises in UK earnings growth and in unemployment benefit... Wed, 14 May 2008 11:22:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=409 feed://www.capital-iom.com/welcome?click=54&appid=408 Retail Sales Data Support Dollar Wednesday 14 May 2008 A stronger than expected US retail sales report for April, indicating that... Wed, 14 May 2008 08:46:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=408 feed://www.capital-iom.com/welcome?click=54&appid=407 Good Morning.. The cost of fuel and food have been blamed as the main reason for the awful inflation figures yesterday. The sharpest monthly... Wed, 14 May 2008 08:46:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=407 feed://www.capital-iom.com/welcome?click=54&appid=406 The dollar firmed against a basket of currencies but gains were contained by the risk that U.S. retail sales data due later on Tuesday may cloud expectations... Tue, 13 May 2008 11:44:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=406 feed://www.capital-iom.com/welcome?click=54&appid=405 Sterling extended losses on Tuesday, erasing initial gains made after a surge in UK inflation, as it raised concerns about the health of the British economy... Tue, 13 May 2008 11:33:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=405 feed://www.capital-iom.com/welcome?click=54&appid=404 Dollar Looks to US Data for Direction Tuesday 13 May 2008 The euro recovered some ground versus the dollar over the day yesterday,... Tue, 13 May 2008 08:41:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=404 feed://www.capital-iom.com/welcome?click=54&appid=403 Good Morning.. Another day of gloom and doom yesterday, with all figures showing things are on the slide. UK factory gate... Tue, 13 May 2008 08:23:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=403 feed://www.capital-iom.com/welcome?click=54&appid=402 Oil eased towards $125 a barrel on Monday, as a stronger dollar and profit-taking put the brakes on a rally that took it to record peaks last week. ... Mon, 12 May 2008 11:18:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=402 feed://www.capital-iom.com/welcome?click=54&appid=401 Sterling moved into positive territory versus the dollar on Monday, while UK interest rate futures extended losses after robust producer price data for... Mon, 12 May 2008 11:06:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=401 feed://www.capital-iom.com/welcome?click=54&appid=400 The dollar rose on Monday, closing in on a two-month high against a basket of currencies as a slight rise in risk appetite and growing speculation that... Mon, 12 May 2008 10:56:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=400 feed://www.capital-iom.com/welcome?click=54&appid=399 Good Morning. The main focus of the week, will be on Wednesday, when the Bank of England will publish its quarterly inflation report. ... Mon, 12 May 2008 08:44:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=399 feed://www.capital-iom.com/welcome?click=54&appid=398 Modest Lift for Euro from ECB Tone Friday, 9th May 2008 A hawkish ECB provided a bit of a lift for the euro versus the dollar and... Fri, 09 May 2008 08:28:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=398 feed://www.capital-iom.com/welcome?click=54&appid=397 Good morning, As widely expected, the MPC's decision to leave rates on hold makes clear its determination to fight inflation. However,... Fri, 09 May 2008 08:27:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=397 feed://www.capital-iom.com/welcome?click=54&appid=396 Central Bank Meetings in Focus Thursday 8 May 2008 Yesterday's weak German manufacturing orders and eurozone retail sales data have... Thu, 08 May 2008 09:20:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=396 feed://www.capital-iom.com/welcome?click=54&appid=395 Good morning, So the question this morning is, will they or won't they? There are certainly arguments for either scenario... Thu, 08 May 2008 08:10:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=395 feed://www.capital-iom.com/welcome?click=54&appid=394 Oil traded above $122 a barrel on Wednesday but global equity markets generally rose and the dollar climbed on waning fears about the credit crisis. ... Wed, 07 May 2008 11:51:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=394 feed://www.capital-iom.com/welcome?click=54&appid=393 The dollar rose on Wednesday, heading towards a two-month high against a basket of currencies after a Federal Reserve official's added to a view that the... Wed, 07 May 2008 11:36:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=393 feed://www.capital-iom.com/welcome?click=54&appid=392 Sterling extended losses versus the dollar on Wednesday and short sterling rallied after manufacturing and industrial output data came in weaker than expected,... Wed, 07 May 2008 11:18:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=392 feed://www.capital-iom.com/welcome?click=54&appid=391 Good morning, Yesterday's service sector data fuelled fears that the widespread slowdown is taking hold. The sector which includes hotels,... Wed, 07 May 2008 09:42:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=391 feed://www.capital-iom.com/welcome?click=54&appid=390 The US Dollar edged higher overnight, dropping back below the $1.55 level to the Euro, following hawkish comments from Hoenig, the Kansas Fed President.... Wed, 07 May 2008 08:40:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=390 feed://www.capital-iom.com/welcome?click=54&appid=389 The dollar gave up tentative gains on Tuesday versus the euro, pressured by waning risk appetite as European equitities fell, while the single currency... Tue, 06 May 2008 12:54:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=389 feed://www.capital-iom.com/welcome?click=54&appid=388 Sterling extended losses on Tuesday, while UK rate futures rallied after service sector data came in weaker than expected, in a further indication of the... Tue, 06 May 2008 11:35:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=388 feed://www.capital-iom.com/welcome?click=54&appid=387 The price of oil shot to a new record above a heady $120 a barrel on Tuesday, lifting gold prices and holding back stock gains as investors focus on the... Tue, 06 May 2008 11:19:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=387 feed://www.capital-iom.com/welcome?click=54&appid=386 Highlights for the Week Ahead ' 5th to 9th May '08 Events of last week suggest that we are entering a more stable period for the dollar... Tue, 06 May 2008 09:14:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=386 feed://www.capital-iom.com/welcome?click=54&appid=385 Euro Recovers $1.55 as Dollar Recovery Fades Tuesday, 6th of May, 2008 Despite yesterday's much better than expected US non-manufacturing... Tue, 06 May 2008 08:37:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=385 feed://www.capital-iom.com/welcome?click=54&appid=384 Global markets are becoming increasingly optimistic that the credit crisis may be coming to an end. The dollar has rallied across the board. The euro fallen... Tue, 06 May 2008 08:23:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=384 feed://www.capital-iom.com/welcome?click=54&appid=383 Good morning, The highlight of the week will be the result of the MPC meeting on Thursday. With little over the past month to ease the... Tue, 06 May 2008 08:12:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=383 feed://www.capital-iom.com/welcome?click=54&appid=382 Fed Cuts Rates by 0.25% as Expected Thursday, 1st May 2008 The Fed cut US interest rates by a further 0.25% to 2.0% last night. As had been... Thu, 01 May 2008 08:31:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=382 feed://www.capital-iom.com/welcome?click=54&appid=381 Sterling fell to a two-week low against the dollar on Wednesday as the worst UK consumer confidence and housing data since the 1990s reinforced the gloomy... Wed, 30 Apr 2008 10:58:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=381 feed://www.capital-iom.com/welcome?click=54&appid=380 The dollar was little changed on Wednesday, with investors bracing for an expected Federal Reserve interest rate cut and a tweaked policy statement indicating... Wed, 30 Apr 2008 10:49:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=380 feed://www.capital-iom.com/welcome?click=54&appid=379 Morning Yesterday's Bank of England mortgage approvals matched expectations, but when expectations are poor that only adds to the pain!... Wed, 30 Apr 2008 08:12:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=379 feed://www.capital-iom.com/welcome?click=54&appid=378 The euro fell to a four-week low versus the dollar on Tuesday, dented by soft European sentiment data and weak bank earnings results, while the greenback... Tue, 29 Apr 2008 11:48:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=378 feed://www.capital-iom.com/welcome?click=54&appid=377 Sterling hit a four-week high against the euro on Tuesday, with the common European currency weighed down broadly as poor data signalled to the euro area's... Tue, 29 Apr 2008 11:37:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=377 feed://www.capital-iom.com/welcome?click=54&appid=376 Oil hit a new record near $120 a barrel on Monday, bossted by a string of bullish factors that include big disruptions to Nigeria's output and a UK refinery... Mon, 28 Apr 2008 16:53:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=376 feed://www.capital-iom.com/welcome?click=54&appid=375 Good morning Consolidation Ahead of Wednesday's FOMC Meeting Monday 28 April 2008 The dollar has, over the weekend,... Mon, 28 Apr 2008 11:04:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=375 feed://www.capital-iom.com/welcome?click=54&appid=374 Dollar Up as Markets Trim Rate Expectations Friday, 25th April 2008 The euro remains well off its highs versus the dollar, pulled lower by... Fri, 25 Apr 2008 08:41:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=374 feed://www.capital-iom.com/welcome?click=54&appid=361 The euro has fallen back from its record highs against the US dollar yesterday, pressured by indications of a slowdown in eurozone manufacturing activity... Thu, 24 Apr 2008 10:53:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=361 feed://www.capital-iom.com/welcome?click=54&appid=360 Surging oil prices and further hawkish comments from the ECB are helping the euro continue to test new ground versus the dollar. After several attempts,... Thu, 24 Apr 2008 10:51:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=360 feed://www.capital-iom.com/welcome?click=54&appid=357 Euro Takes Another Stab at $1.60 Tuesday, 22nd April 2008 Recovering from last week's sell off, the euro took another stab at the... Tue, 22 Apr 2008 08:37:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=357 feed://www.capital-iom.com/welcome?click=54&appid=356 The Bank of England is offering to swap government bonds worth £50 billion ($100 billion) for banks' riskier debt to try to ease the effects of a credit... Mon, 21 Apr 2008 12:04:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=356 feed://www.capital-iom.com/welcome?click=54&appid=355 Euro Stages Modest Recovery Monday, 21st April 2008 On Friday the dollar rose versus the euro and yen on growing risk appetite for US assets... Mon, 21 Apr 2008 08:25:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=355 feed://www.capital-iom.com/welcome?click=54&appid=354 Highlights for the Week Ahead Key US data for release this week focus on the housing market, with existing and new home sales for March... Mon, 21 Apr 2008 08:14:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=354 feed://www.capital-iom.com/welcome?click=54&appid=353 Sterling Stages a Comeback Friday 18 April 2008 Yesterday proved to be something of a volatile day on forex markets, with the euro... Fri, 18 Apr 2008 08:15:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=353 feed://www.capital-iom.com/welcome?click=54&appid=352 Good morning, Government bond prices continued to fall yesterday as investors prepared for the Treasury and BoE's plans to issue gilts in... Fri, 18 Apr 2008 08:03:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=352 feed://www.capital-iom.com/welcome?click=54&appid=351 The euro hit a record high versus the dollar on Thursday, bringing the pyschologically-key $1.60 mark into view, with momentum building after a record... Thu, 17 Apr 2008 11:51:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=351 feed://www.capital-iom.com/welcome?click=54&appid=350 The pound rose versus the dollar on Thursday after a Treasury source said the British authorities could announce as early as next week the details of a... Thu, 17 Apr 2008 10:24:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=350 feed://www.capital-iom.com/welcome?click=54&appid=349 Oil hit anew high above $115 a barrel on Thursday as the dollar's extended slump and a big fall in U.S. gasoline stockpiles just weeks ahead of the summer... Thu, 17 Apr 2008 09:29:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=349 feed://www.capital-iom.com/welcome?click=54&appid=348 Euro Looks to $1.60 Thursday 17 April 2008 An upward revision to the initial estimate for eurozone inflation in March saw the euro... Thu, 17 Apr 2008 08:28:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=348 feed://www.capital-iom.com/welcome?click=54&appid=347 Good morning, Yesterday, the BoE and the Treasury said it was close to agreeing a plan to end the drought in funding for mortgages. It is... Thu, 17 Apr 2008 07:58:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=347 feed://www.capital-iom.com/welcome?click=54&appid=346 US Data Keeps Euro Off $1.59 Wednesday, 16th April 2008 Yesterday's round of better than expected US data releases, which included net capital... Wed, 16 Apr 2008 08:23:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=346 feed://www.capital-iom.com/welcome?click=54&appid=345 ood morning, Inflation figures released yesterday stayed at 2.5 per cent in March, unchanged from February, which is still well above the... Wed, 16 Apr 2008 07:58:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=345 feed://www.capital-iom.com/welcome?click=54&appid=344 Amid signs of worsening credit conditions and a downturn in the pace of economic activity the Bank of England cut UK interest rates by 0.25% to 5.0% yesterday.... Fri, 11 Apr 2008 09:24:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=344 feed://www.capital-iom.com/welcome?click=54&appid=343 Good Morning, The BOE put the threat of economic slowdown over concerns about inflation and cut the base rate by 0.25% to 5% yesterday.... Fri, 11 Apr 2008 08:49:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=343 feed://www.capital-iom.com/welcome?click=54&appid=342 The Bank of England cut interest rates by a quarter percentage point on Thursday for the third time in five months in an attempt to cushion the economy... Thu, 10 Apr 2008 12:11:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=342 feed://www.capital-iom.com/welcome?click=54&appid=341 The Bank of England is widely expected to cut UK interest rates by 0.25% when it makes its rate announcement at noon today. The outcome of the meeting... Thu, 10 Apr 2008 08:49:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=341 feed://www.capital-iom.com/welcome?click=54&appid=340 Good morning! The BOE is expected to cut base rates by 25 basis points to boost confidence in the markets.The pound fell against the Euro,breaching... Thu, 10 Apr 2008 08:32:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=340 feed://www.capital-iom.com/welcome?click=54&appid=339 The euro hit another lifetime high versus sterling in early morning trade with the UK currency pressured by data supporting the view that the Bank of England... Wed, 09 Apr 2008 08:55:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=339 feed://www.capital-iom.com/welcome?click=54&appid=338 Good morning! UK employment figures were better than expected.Consumer confidence fell to its lowest since 2004.House prices fell by 2.5%... Wed, 09 Apr 2008 08:17:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=338 feed://www.capital-iom.com/welcome?click=54&appid=337 Good morning, Relative stability in equity and credit markets is helping to keep the dollar on a better footing versus other majors. The... Tue, 08 Apr 2008 09:03:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=337 feed://www.capital-iom.com/welcome?click=54&appid=336 Good morning! UK economic growth is forecast to slowdown considerably well below the Chancellor's expectations. The BOE is... Tue, 08 Apr 2008 08:21:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=336 feed://www.capital-iom.com/welcome?click=54&appid=335 Going into the weekend, the dollar declined versus its major rivals after the US payrolls dropped for the third straight month (80,000 drop versus expected... Mon, 07 Apr 2008 09:07:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=335 feed://www.capital-iom.com/welcome?click=54&appid=334 Good Morning, All eyes are on the MPC's current dilemma and Thursdays rate announcement.Whilst they must be slightly relieved that libor... Mon, 07 Apr 2008 08:35:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=334 feed://www.capital-iom.com/welcome?click=54&appid=333 Good morning! Services sector activity contracted in the UK,Eurozone and the US. The BOE's survey of credit conditions showed a marked reduction... Fri, 04 Apr 2008 08:43:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=333 feed://www.capital-iom.com/welcome?click=54&appid=332 The dollar rallied across the broad yesterday after the ADP employment report came in better than expected, helping to lift spirits ahead of tomorrow's... Thu, 03 Apr 2008 09:05:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=332 feed://www.capital-iom.com/welcome?click=54&appid=331 Good Morning, With a recession in the US economy looking a near certainty this year , the BOE must be even more concerned about its own... Thu, 03 Apr 2008 08:34:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=331 feed://www.capital-iom.com/welcome?click=54&appid=330 The dollar made gains across the board yesterday as hopes of an end to the financial market crisis were bolstered by a fresh round of writedowns and capital... Wed, 02 Apr 2008 09:07:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=330 feed://www.capital-iom.com/welcome?click=54&appid=329 Good Morning, March Factory input costs rose their highest since 1995 and output prices showed their largest rise since 1999. ... Wed, 02 Apr 2008 09:06:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=329 feed://www.capital-iom.com/welcome?click=54&appid=328 Good Morning, Mervyn King dampened hopes of a rate cut next week when he renewed warnings that the MPC must continue to take a hard line... Tue, 01 Apr 2008 08:34:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=328 feed://www.capital-iom.com/welcome?click=54&appid=327 Dollar/Euro has started the week broadly unchanged from Friday's closing levels. Favorable eurozone data and hawkish comments from the ECB continue to... Mon, 31 Mar 2008 14:35:00 +0100 http://www.capital-iom.com/welcome?click=54&appid=327 feed://www.capital-iom.com/welcome?click=54&appid=326 The dollar has fallen back to near record lows against the euro as rumours of further troubles at US investment banks kept the market on edge about the... Fri, 28 Mar 2008 08:36:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=326 feed://www.capital-iom.com/welcome?click=54&appid=325 Good morning Some smaller building societies got stick last week for withdrawing certain mortgage products but one of the biggest lenders... Fri, 28 Mar 2008 08:35:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=325 feed://www.capital-iom.com/welcome?click=54&appid=324 The euro gained versus the dollar and sterling, aided by much stronger than expected business confidence data from German yesterday and remarks from ECB... Thu, 27 Mar 2008 09:18:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=324 feed://www.capital-iom.com/welcome?click=54&appid=323 Good morning In the US durable goods orders fell more than expected and sent the Dow down 100 points, (how durable are durable goods orders??). ... Thu, 27 Mar 2008 08:35:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=323 feed://www.capital-iom.com/welcome?click=54&appid=322 Concerns about the US economy have resurfaced with the dollar coming under renewed selling pressure on the back of yesterday's release of a poor consumer... Wed, 26 Mar 2008 09:26:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=322 feed://www.capital-iom.com/welcome?click=54&appid=321 Good morning Figures from the US yesterday don't make good reading. Consumer confidence dropped to a five year low and the housing data... Wed, 26 Mar 2008 08:48:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=321 feed://www.capital-iom.com/welcome?click=54&appid=320 European markets were closed yesterday but it still proved to be an eventful day. The dollar made gains across the board after a surprise jump in existing... Tue, 25 Mar 2008 09:05:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=320 feed://www.capital-iom.com/welcome?click=54&appid=319 Good morning Hope you all had a good Easter despite the weather. A combination of lower commodity prices and the US stock... Tue, 25 Mar 2008 08:41:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=319 feed://www.capital-iom.com/welcome?click=54&appid=318 Highlights for the Week Ahead ' 17th - 21st March 2008 The dollar continues to hit new lows on forex markets. The days ahead... Fri, 14 Mar 2008 16:24:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=318 feed://www.capital-iom.com/welcome?click=54&appid=317 The key spotlight for the European markets next week is on the Fed and what it does for rates. While the recent liquidity injection had tended to scale... Fri, 14 Mar 2008 15:34:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=317 feed://www.capital-iom.com/welcome?click=54&appid=316 The dollar sank yesterday to new lows against the euro, Swiss franc and a basket of currencies, and fell to below 100 yen for the first time in... Fri, 14 Mar 2008 09:20:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=316 feed://www.capital-iom.com/welcome?click=54&appid=315 Good morning The dollar and stock markets on both side of the Atlantic had a torrid time yesterday as yet more data suggested that the US economy... Fri, 14 Mar 2008 08:21:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=315 feed://www.capital-iom.com/welcome?click=54&appid=314 The dollar slumped to an all-time low versus the euro, a 12-year low against the yen and fell to near parity against the Swiss franc, after it failed to... Thu, 13 Mar 2008 09:02:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=314 feed://www.capital-iom.com/welcome?click=54&appid=313 NO SUBSTITUTE FOR EASING · While it is clear the latest tranche of coordinated central bank liquidity injection has... Thu, 13 Mar 2008 08:13:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=313 feed://www.capital-iom.com/welcome?click=54&appid=312 Good morning, The Budget was much as expected rather austere, with smokers, drinkers and gas guzzling car owners taking the brunt of the... Thu, 13 Mar 2008 08:00:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=312 feed://www.capital-iom.com/welcome?click=54&appid=311 There is a very clear message in a bottle from the UK budget. Growth is slowing, inflation risks are rising and government borrowing should be going a... Wed, 12 Mar 2008 14:23:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=311 feed://www.capital-iom.com/welcome?click=54&appid=310 Sterling rose against a broadly weaker dollar on Wednesday, on expectations that the Federal Reserve's liquidity boosting measures will not fix economic... Wed, 12 Mar 2008 11:29:00 +0000 http://www.capital-iom.com/welcome?click=54&appid=310 fe