Posts Tagged ‘decline’
UK Households Showing Signs of Stress

This month’s mortgage approvals look set to post a slight improvement. The RICS housing survey showed that the decline in new buyer enquiries had ended and sales edged higher in February on a national basis, with London a clear outperformer. The latest BBA figures recorded a modest pick up in

 
Risk Appetite Stays Resilient

Despite the global tumult from Japan, Libya, Portugal and elsewhere, investors seem to be embracing risk on the basis that the global recovery is on-going, as we suggested in last week’s update. The S&P 500 stock index in the US has regained about ¾ of the decline since Feb. while

 
Trade Idea Update: USD/CHF – Sell at 0.9645

As the greenback has remained under pressure after meeting renewed selling interest at 0.9739 and tumbled to 0.9554, suggesting the decline from 0.9776 top is still in progress and a break of said support would extend weakness to next support at 0.9523 but reckon 0.9500 would hold from there due