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PRESS RELEASE: Fitch Affirms Cumbernauld At AAA; Outlook Negative
Published July 10, 2009, 2:09 am, Nasdaq
Fitch Ratings-London-10 July 2009: Fitch Ratings has today affirmed Cumbernauld Funding No.3 Plc's (Cumbernauld) GBP400m class A notes at 'AAA', with Negative Outlook.
ALERT 10 July:
Published July 10, 2009, 2:08 am, Financial Mail
Rome, Reuters- China may have told world leaders it wants a better, more stable global reserve currency system, but analysts say Beijing is in no rush to dethrone the dollar because it has vast dollar-denominated assets.
Romania Inflation Rate Fell in June on Slower Demand (Update1)
Published July 10, 2009, 2:08 am, Bloomberg
July 10 (Bloomberg) -- Romania’s inflation rate slipped in June, raising analysts’ expectations for further interest rate cuts, as slower lending and wage growth sapped consumption.
THE RAND
Published July 10, 2009, 2:07 am, Financial Mail
currencies across the board, staging a 21% recovery in the year to date. But experts fear the rally is overdone, and that when markets realise this, the unit will lose some of its current gloss.
My Pharmiweb.com
Published July 10, 2009, 2:05 am, PharmiWeb
Ingelheim/Germany, 09 July 2009 - The pharmaceutical company Boehringer Ingelheim has successfully placed a promissory note (Schuldschein) with a volume of EUR 900 million and maturities of 5, 7 and 10 years.
(AFX UK Focus) 2009-07-10 09:43 Average simple rate at Turkish repo auction 8.92 pct
Published July 10, 2009, 2:05 am, Interactive Investor
ANKARA, July 10 (Reuters) - Turkey's central bank injected 5 billion lira ($3.22 billion) into the market in a one-week repo auction on Friday at an average simple interest rate of 8.92 percent. Central bank data showed bids amounted to 6.65 billion lira. The repo will mature on July 17. The bank also injected 2 billion lira in three-month repo auction at an average rate of 9.13 percent.
Australian, N.Z. Dollars Fall, Head for Weekly Drop Against Yen
Published July 10, 2009, 2:04 am, Bloomberg
July 10 (Bloomberg) -- The Australian and New Zealand dollars fell, heading for a fourth week of losses against the yen, as a two-week slide in Asian equities spurred speculation investors will sell higher-yielding assets.
Geithner Seeks ‘Difficult-to-Evade’ Derivatives Laws (Update1)
Published July 10, 2009, 2:02 am, Bloomberg
July 10 (Bloomberg) -- U.S. Treasury Secretary Timothy Geithner is urging Congress to rein in the $592 trillion derivatives market with new laws that are “difficult to evade.”
Economists Raise U.S. Outlook as Recession Fades, Survey Shows
Published July 10, 2009, 2:00 am, Bloomberg
July 10 (Bloomberg) -- The U.S. economy will expand faster than previously forecast in the second half of this year and in 2010 as a revival in consumer spending signals an end to the recession, a Bloomberg News survey showed.
India’s Production Increases 2.7%; Fastest Pace in Eight Months
Published July 10, 2009, 1:58 am, Bloomberg
July 10 (Bloomberg) -- India’s industrial production increased at the fastest pace in eight months as record-low interest rates and government stimulus measures helped revive demand and investment.
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