ECB's Bini Smaghi: QE Appropriate If There Is Deflation
Moody's Downgrades Slovenia By One Notch, Outlook 'Negative'
News: 2011-12-23 01:20:00 UTC+00

The Chinese Govt. Aims to Build 7 Billion Homes Under Social Housing Scheme

News

  • Chinese Govt. has set the target of building 7 million new homes under social housing scheme
  • Results of the project will be used to asses the performance of local officials
  • Target was 10 million units this year
Published: 2011-12-23 01:20:00 UTC+00 1 year, 4 months, 4 weeks, 13 hours, 52 min. ago
 
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May 21 at 7:12 UTC
Last news and analytics:
Category: Forex News Wire
2013-05-21 07:55:00 GMT+00 17 min. ago
Quotes from Standard Chartered: -Given recent pressure on the Ghanaian cedi (GHS), we expect the Bank of Ghana toraise its prime rate by 100bps, to 16%, at its May policy meeting. This may well beaccompanied by other tightening measures, including a ...
Category: Forex Live Analysis
2013-05-21 05:00:09 GMT+00 1 hour, 12 min. ago
Overview: According to previous events, the price has still been trapped between 1.5280 and 1.5215, so it is wise to be careful in this range area around the level 38.2% of Fibonacci retracement levels and 00% (it will form a double bottom). ...
By Mourad El Keddani
Category: Forex News Wire
2013-05-21 07:54:00 GMT+00 18 min. ago
Quotes from Standard Chartered: -Taiwan is scheduled to release April unemployment and industrial production data on22 and 23 May, respectively. We expect industrial production to have increased 0.5%y/y, as rising orders for tablets and smart mobile ...
Category: Forex Live Analysis
2013-05-21 04:55:24 GMT+00 1 hour, 17 min. ago
Daily chart: The EUR/USD found resistance at the 1.2883 level, which will not be easy to break due to weakness this pair has shown in recent days. In this chart, this pair is below the 200 day moving average and is forming a higher low pattern, to ...
By Felipe Erazo
Category: Forex News Wire
2013-05-21 07:52:00 GMT+00 20 min. ago
Quotes from Standard Chartered: -The Bank of Japan (BoJ) will announce its monetary policy decision on 22 May afterits two-day meeting. We expect it to maintain the annual increase in the monetarybase target at JPY 60-70tn. -Board members are likely ...
Category: Forex Live Analysis
2013-05-21 04:47:19 GMT+00 1 hour, 25 min. ago
EUR/USD: In spite of the negative news coming from the eurozone, this pair has bounced off the support line at 1.2800. However, the bearish bias is still here: the bounce upwards may proffer an opportunity to sell more expensively. For the current ...
By Azeez Mustapha
Category: Forex News Wire
2013-05-21 07:51:00 GMT+00 21 min. ago
Quotes from Standard Chartered: -We recommend that leveraged funds buy theSGD vs. G3 (USD: 46.8%, EUR: 26.6% and JPY: 26.6%) and receive MYR 5Y IRS.Real-money funds should turn neutral on the CNY and stay long 4Y GolSec. ...
Category: Forex Live Analysis
2013-05-20 15:01:56 GMT+00 15 hours, 10 min. ago
Today's Support and Resistance levels: R3: 1.5885 R2: 1.5840 R1: 1.5798 Current spot: 1.5772 S1: 1.5750 S2: 1.5710 S3: 1.5681 Technical overview: We have seen the expected correction down to 1.5770 (it has been a little deeper with a test ...
By Torben Melsted
Category: Forex News Wire
2013-05-21 07:50:00 GMT+00 22 min. ago
FED OFFICIAL: THE U.S. FED COULD CONTINUE FULL-SPEED AHEAD ON ITS BOND-BUYING PROGRAM THROUGH THE SUMMER, BUT END IT ABRUPTLY IN THE AUTUMN IF BY THEN IT IS CONFIDENT THAT THE IMPROVEMENT IN THE JOBS OUTLOOK IS HERE TO STAY ...
Category: Forex Live Analysis
2013-05-20 14:48:15 GMT+00 15 hours, 24 min. ago
Overview The H4 chart demonstrates today that silver is approaching the Resistance level 22.60 after it has failed to break the Support area 21.00-20.60 and bounced from it to reverse its bearish move. Currently the metal is approaching the ...
By Hossam Soliman Ali
Category: Forex News Wire
2013-05-21 07:50:00 GMT+00 22 min. ago
Quotes from Standard Chartered: -We see limited near-term risksfor AXJ local markets from UST and the JPY; in our view, more worrying for Asia isthe ongoing slowdown in China. However, we expect China data to improve graduallyin H2, and forecast GDP ...
Category: Forex Live Analysis
2013-05-20 14:47:07 GMT+00 15 hours, 25 min. ago
The euro is slowly recovering after the fall it experienced on Friday. Given that the pair has tried to break the weekly pivot area and has lost upward force, it is likely to fall again accelerate to the area of 1.28. Taking into account that this ...
By Gerardo Porras Palomino
Category: Forex News Wire
2013-05-21 07:48:00 GMT+00 24 min. ago
Quotes from Standard Chartered: -Our strategies for Asian local markets include a Neutral duration stance on UST and we expect US yields to drift slightly lower near-term. Meanwhile, we argue that Bankof Japan (BoJ) easing and JPY weakness offer ...
Category: Forex Live Analysis
2013-05-20 14:40:51 GMT+00 15 hours, 32 min. ago
Support level around 1.0016-0.9995 (61.8% Fibonacci) provided evident bullish steam for the pair to step above 1.0300 topping at 1.0311. The USD/CAD pair did not show much respect to price zone 1.0250-1.0290 on retesting which took place on ...
By Mohamed Samy
Category: Forex News Wire
2013-05-21 07:47:00 GMT+00 25 min. ago
Quotes from Standard Chartered: -European real-money funds, which typically are benchmarked against theJ.P. Morgan Global Diversified Index (GBI-EMGD), are by default long Asian bondsand long AXJ currencies. However, they are worried about two ...
Category: Forex Live Analysis
2013-05-20 14:29:17 GMT+00 15 hours, 43 min. ago
We talked about consolidation of the pair within the price range 1.2950 -1.3240 and the importance of breakout off this zone for the liberation of the pair. Breakdown of the most prominent support zone around 1.2950 revived a Double-Top pattern on ...
By Michael Becker
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