Monday 13 October 2008

Central banks to drop interest rates ASAP



If you are reading this on Monday morning then the chances are that the central banks dropped base rates this weekend...
Source: news.assetz.co.uk

Oil price inflation is now zero - CPI to fall
The oil price has fallen so far to the mid $80s today that oil price inflation is now zero over the last twelve month...
Source: news.assetz.co.uk

(AFX UK Focus) 2008-10-02 09:39 OJSC LSR H1 pretax drops on $159 mln non-cash hit from portfolio revaluation (Interactive Investor)
LONDON (Thomson Financial) - Russian construction company OJSC LSR Group posted a sharp reduction in first-half pretax profits but cited a $159 million non-cash hit from investment property revaluations recognised on its income statement.
Source: www.iii.co.uk

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