Tuesday, May 06, 2008

Quick Overview

  • An index of services in the U.K. fell from 52.1 to 50.4 in April, weaker than expected.

  • The Reserve Bank of Australia met and kept its interest rate unchanged at 7.25%.

  • (WSJ)..it is very likely that April 2008 will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now.

No comments: