Archive for May, 2009

Market Week Wrap-up – Fxtraders.eu

Sunday, May 31st, 2009
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Market Week Wrap-up
Fxtraders.eu, Poland
Mortgage delinquencies surged in Q1 to 9.12%, marking the fifth consecutive month of record highs. One ominous component of the delinquencies data indicated that nearly half of rise in Q1 foreclosures in Q1 was accounted for by prime,

Australia private credit rose 0.1 pct in April – Alibaba News Channel

Sunday, May 31st, 2009
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Australia private credit rose 0.1 pct in April
Alibaba News Channel, NEW YORK
Recently there have been some hints of stabilisation, at least in mortgage credit, following 425 basis points of rate cuts since September and the government's generous handouts to first-home buyers.

Banking landscape a two horse race – Sky News Australia

Sunday, May 31st, 2009
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Banking landscape a two horse race
Sky News Australia, Australia
Analysts and industry players say competition over funding and its impact on the mortgage market is eroding the clout of Suncorp Metway, Bendigo and Adelaide Bank and Bank of Queensland, leaving Commonwealth Bank of Australia (CBA) and Westpac Banking

Trading Week Outlook: May 31 – June 5, 2009 – Seeking Alpha

Sunday, May 31st, 2009
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Trading Week Outlook: May 31 – June 5, 2009
Seeking Alpha, NY
News from the UK will bring the Construction PMI–Purchasing Managers' Index, measuring the level of activity of purchasing managers in the construction sector, at 4:30 am, ET, along with the UK Mortgage Approvals, a leading indicator of housing market

Tennis player Mark Philippoussis reveals dire financial situation – Fox Sports

Sunday, May 31st, 2009
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Sydney Morning Herald
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Tennis player Mark Philippoussis reveals dire financial situation
Fox Sports, Australia
Davis Cup hero Philippoussis – who has earned more than $8 million on the court and millions more in sponsorships – is being sued for failing to pay the mortgage on his Williamstown home. A finance company is seeking $1.3 million and possession of the
Mark Philippoussis in financial mess Adelaidenow
Broke Mark Philippoussis fights to keep his home Courier Mail
Broke Philippoussis in fight to save his home Sydney Morning Herald
all 14 news articles