Business and Capital Market Analysis !!!

The US Ministry of Trade, today (31/10) announced that data on consumer spending to decline in September. Based on these reports note that consumer spending to decline 0.3%. Data on the decrease in consumer spending is affected by the weakening purchasing power of the community since the U.S. crisis in recent months.

Decreasing consumer spending data is also influenced by the increase in personal savings in the U.S. of 1.3% in the last month. Increasing personal savings is a community response to risky investment in the stock market, as was decreasing stock exchange in the U.S. last month on the lowest level.

Increasing the U.S. personal savings also associated with increased disposable income in September increased by 1.3%. Positive condition is the result of government policies in the last month took the form of fiscal policy to cutting tax rates in order to restore the income of people who are weakened due to the crisis.

Movement of dollars to pounds is currently registered to strengthening. Pounds currently down 1.3% on the position of 1.6163 dollars. According to the analysis, the movement of pounds will still tend to weaken the action by the high risk aversion against the dollar is expected to be until the end of trading today.