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VanessaDoll1221 / Upcoming

U.K. Pound Posts Weekly Drop Against Euro, Dollar; Gilts Gain

The pound posted a weekly drop against the euro and the dollar and 10-year government bonds rose by the most in a decade after the Bank of England cu[...] read more »
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US dollar gains over euro, yen on flight to safety

The dollar rose against the euro and yen Friday despite surging US job losses with the market favoring the greenback as a safe-haven currency amid a [...] read more »
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Is The US In Recession?

If we were to go by the traditional definition of a recession, the US is still not in recession! The technical definition of recession requires an ec[...] read more »
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U.S. Economy Heads for Deep, Long Recession as Job Losses Mount

The U.S. economy may be headed for its deepest and longest recession since World War II as mounting job losses take their toll on consumer confidence[...] read more »
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Recession over by June?

Amid the daily deluge of gloomy financial news, some local economists say there are signs that the economy may start to recover as early as the middl[...] read more »
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Dollar Rises Against Euro as Job Losses Increase Haven Appeal

The dollar rose against the euro for the first time in four days as the U.S. payrolls report showed the biggest job losses in 34 years, increasing th[...] read more »
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Global Central Bank Interest Rates

Speaking of monetary policy, I thought it would be interesting to look at the global central banks. Here is a chart for six of them for the past 10 y[...] read more »
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Inflation Eases in Taiwan, Signaling a Rate Cut

Taiwan’s inflation rate cooled for a fourth month, giving the central bank more room to ease borrowing costs to bolster the nation’s slowing economy. read more »
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Govt cuts petrol, diesel prices; more cuts likely

For the first time in almost two years, the government on Friday slashed petrol price by Rs 5 a litre and diesel by Rs 2 and dropped broad hints of m[...] read more »
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Rudd calls on banks to maintain employment levels

Prime Minister Kevin Rudd has called on Australia's banks to maintain their employment levels as the ANZ bank announced it will cut 800 jobs before [...] read more »
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Weak UK economy poses greater risk to CPI undershoot-BoE

The Bank of England said that risks to inflation had fallen further because of weaker economic activity since its November inflation report, after it[...] read more »
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EUR/USD - Euro Dollar Dec. 4, 2008

1,2674. EUR USD is in a range between 1,2575 and 1,2765. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). read more »
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Japan Recession Possibly Deeper

Japan may be in a deeper recession than first thought as businesses cut spending because of the worsening global recession, which will likely force c[...] read more »
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Shared housing goes up as economy goes down

As the economy continues to slump, people are finding creative ways to stretch their paychecks to make monthly mortgage payments. read more »
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U.K. November House Prices Fall Most Since 1992

U.K. house prices fell the most since 1992 in November as banks rationed credit and the deepening recession put off potential homebuyers, HBOS Plc sa[...] read more »
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