The dollar is currently trading with mixed results against its major competitors at the start of the new trading week. The U.S. currency is gaining ground against the Euro, but is falling against the pound sterling. The buck also climbing against the Japanese Yen.
A number of equity markets are closed on Monday, for the New Year’s Eve holiday. The few markets that are open today are closing early. News has been scarce today, with the exception of the continuing efforts of Democrats and Republicans to resolve the fiscal cliff.
The budget negotiations continue as the end of the year draws ever closer. Senate Majority Leader Harry Reid, R-Nev., told Bloomberg News he was hopeful that a deal could be reached before the end of the day and noted that the negotiations are “progressing.” Unless Congress acts, approximately $600 billion in automatic tax increases and government spending cuts are due to going into effect at the end of the year.
French President Francois Hollande’s initiative to impose higher taxes on the rich suffered a setback after the country’s Constitutional Council on Saturday rejected the proposal, media reports said.
The French government had put up the measure to impose a tax rate as high as 75 percent on the country’s rich people, making them contribute more to the ongoing effort to reduce the public debt. The proposal, which was the highlight of Hollande’s election campaign, called for 75 percent tax on annual income above EUR 1 million.
The government is planning to redraft the proposal to impose high tax on the rich and resubmit it in a new budget law. The rejection of the measures will have likely cut EUR300-500 million from the forecast tax revenues next year, sources said.
The dollar slipped to a low of $1.3234 against the Euro Monday morning, but has since climbed to around $1.3185.
Greece’s retail sales declined for the fourteenth successive month in October, provisional data released by the Hellenic Statistical Authority showed Monday. Retail sales volume, excluding automotive fuel, fell at a faster pace of 16.8 percent year-on-year in October than 11.8 percent in September. Sales declined for the fourteenth month in a row.
The buck traded in a range around the $1.6160 level against the pound sterling Friday morning, but has since dropped to a one-week low of $1.6273.
British households injected a net total of GBP 8 billion into housing equity in the third quarter, a report on Housing Equity Withdrawal (HEW) from the Bank of England showed Monday. This was slightly less than GBP 9.44 billion injected in the second quarter.
The greenback has been climbing gradually against the Japanese Yen Friday, from a low of Y85.514, back to around Y86.525.
Some key ares that the corporate shoujld consider to concentrate onn are acquisition of particular data, retention of
the informatio being given on the location, consciousness
of how the site ought to be dealt with, optimzation of the positioning
content mterial and habits, and conversion of particulars via a more helpful resource to
thhe customers on-line.
I like the helpful information you provide in your articles.
I’ll bookmark your weblog and check again here regularly.
I am quite sure I’ll learn many new stuff right
here! Good luck for the next!
each time i used to read smaller articles which also clear their motive, and that is also happening with this article which I am reading at this time.
Hello I am so excited I found your blog page, I really found you by accident, while I was
researching on Digg for something else, Anyways I am here now and would just like to say
kudos for a marvelous post and a all round thrilling blog
(I also love the theme/design), I don’t have time to read through it all at the minute but I have
saved it and also added your RSS feeds, so when I have time
I will be back to read much more, Please do keep up the awesome work.
You could certainly see your expertise in the work you write.
The world hopes for more passionate writers such as you who are not afraid to mention how they believe.
Always follow your heart.
I’m really loving the theme/design of your weblog.
Do you ever run into any browser compatibility problems?
A number of my blog readers have complained about my website not working correctly in Explorer but looks great in Opera.
Do you have any tips to help fix this problem?
If owners of older homes choosae not to use insulation testers
on electrical wiring, they may risk manjy negatkve consequences ranging from mildly annoying tto downright deadly.
On top of the high quality acrylic resin used in making skylight tubes, a layer of reflective alumknum
is also added on the tube itself. Maintaining a grwen home sustainability may prove to be difficult if youu live iin a country where the climate is hot all year round.
I visit daily a few web pages and websites to read articles, but this weblog presents quality based content.
I love your blog.. very nice colors & theme. Did you design this website yourself or did you hire someone to do it for you?
Plz reply as I’m looking to create my own blog and would like to find out where u got this from.
cheers
Months later I saw an American woodworkers website that used
a similar method so I don’t feel so bad now.
Hmm is anyone else having problems with the pictures
on this blog loading? I’m trying to figure out if its a
problem on my end or if it’s the blog. Any feedback would be greatly appreciated.
When someone writes an article he/she maintains
the plan of a user in his/her brain that how a user can know it.
So that’s why this post is outstdanding. Thanks!
I for all time emailed this blog post page to all my associates, for the reason that if
like to read it afterward my contacts will too.
One unforeseen advantage of making use of SketchUp is that
it turns out to additionally be an excellent tool for training woodworking.
I have been browsing online more than 3 hours today, yet I never found any interesting article
like yours. It is pretty worth enough for me. In my opinion, if all web owners and bloggers made good content as
you did, the internet will be a lot more useful than ever before.
I know this if off topic but I’m looking into starting my own weblog and was wondering what all is required to
get setup? I’m assuming having a blog like yours would
cost a pretty penny? I’m not very web smart so I’m not 100% certain. Any tips or advice would be greatly appreciated.
Appreciate it
I was extremely pleased to discover this site.
I want to to thank you for your time just for this fantastic read!!
I definitely loved every bit of it and i also have you
book marked to look at new things on your website.
Hello There. I found your blog using msn. This is a very well written article.
I’ll be sure to bookmark it and come back to read more of your useful info.
Thanks for the post. I will certainly comeback.