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Japan Industrial Output Logs Record Fall

Export-reliant Asian economies showed more signs of weakness on Friday, with Japan's industrial output diving at a record pace and South Korea warning it faces an "unprecedented crisis" as global demand wilts. Even the once unstoppable Chinese economy is feeling the strain, with companies recording a sharp slowdown in profit growth in the first 11 months of the year. On top of Japan's steep... [read more]

GBP/USD: Trading the U.K. Producer Price Index

Price pressures in the U.K. are expected to weaken further as economists forecast the producer price index to fall to 5.6% from 6.8% in October. Trading the News: U.K. Producer Price Index Output What’s Expected Time of release: 12/08/2008 09:30 GMT, 04:30 EST Primary Pair Impact : GBPUSD Expected: 5.6% Previous: ... [read more]


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