littlefairy / Submitted
Posted by
littlefairy
1200 days ago, popular 1199 days ago
(http://seekingalpha.com)
Category: Commodities
If you had told me late last year that we would soon see both the dollar and gold rally, I would have dismissed you as nuts. But this is exactly what happened after the dollar made a short-term bottom in mid-December.
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The European economy sank even deeper into recession than the United States in the closing months of last year, according to figures published Friday.
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With consumers more tight-fisted, investors may want to avoid issues based on discretionary spending, such as autos and luxury items
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Sales at U.S. retailers probably fell in January for a seventh straight month as rising unemployment and falling home prices caused consumers to retrench, economists said before a report today.
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Spain reported its worst economic contraction in 15 years on Thursday, heralding the dire data expected tomorrow from Europe's biggest nations, while Japan highlighted the risk of damaging deflation.
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Inflation will hit just 0.5 percent in two years as the economy shrinks rapidly over 2009, new Bank of England forecasts showed on Wednesday, opening the way for further interest rate cuts ahead.
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Crude oil rose on speculation demand may climb as an economic stimulus package sought by President Barack Obama cleared a procedural hurdle in the U.S. Senate.
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The number of Americans filing first- time jobless claims reached a 26-year high and companies squeezed more productivity out of their remaining staff, underscoring the deepening deterioration in the labor market.
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If data and numbers can be trusted, then it is possible that the US recession may have seen its bottom in November-December of last year. A new report released by the Institute of Supply Management suggests that US non-manufacturing sector contracte
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The Japanese economy will contract by 3.8 per cent in fiscal 2009 from the previous year, which may cause 2.7 million job losses in the yearlong period to December, former Bank of Japan Deputy Gov. Toshiro Muto said Wednesday in Tokyo.
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Posted by
littlefairy
1214 days ago, popular 1213 days ago
(http://www.bloomberg.com)
Category: Economy
Europe’s inflation rate fell more than economists forecast to the lowest since the year the euro was introduced and unemployment rose for a fifth month, giving the European Central Bank more scope to cut interest rates further.
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Australians plan to cut their discretionary spending by an average 21% in the first six months of the year, a new survey of consumers' shopping intentions conducted by the Australian National Retailers Association or ANRA showed Wednesday.
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The Canadian economy will contract by an exceptionally sharp 4.8 percent in the first quarter of this year and continue to shrink through mid-year, b[...]
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Japan's central bank kept its already super-low interest rate on hold Thursday but sharply downgraded its outlook for the world's second-largest ec[...]
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The pound fell to a record low against the yen for a second day and the weakest since 2001 versus the dollar after the Bank of England said it may st[...]
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