New QE is expected in the UK

Note: This section contains information in English only.
Source: Forexfactory
The prospects of new QE undertaken by the Bank of England aimed at boosting growth increased. The move has become more likely after Threadneedle Street reported contraction in money supply and poor borrowing by both households and businesses. The City experts predict the Bank of England may announce new round of QE at the monetary policy meeting due next week.


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Wed, 01 Feb 2012 09:25:26 GMT

China's demand for exports and imports sinks on the global economic woes

The global demand for China's exports declined in January amid world's economic fears that dampened consumers' confidence. New export order index decreased from 48.6 to 46.9 in December while import index also faced losses, falling from 49.3 to 46.9 in December.  Experts predict China's exports to fall further unless key importers like Europe and the US manage to resolve economic

Wed, 01 Feb 2012 12:18:41 GMT

Australian home prices decline more than predicted

Australia's housing prices fell in 2011, making the biggest annual drop since 2002. The gauge estimating prices in eight biggest cities slipped 4.8% compared to previous year. Prices edged down 1% on quarterly basis. Sharp drop in prices might be associated with uncertainty about global economy and its possible effect on property market, suggest analysts. 

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