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Bank of Canada Cuts Overnight Rate 50 bps to Record-Low 1.00%

Posted by littlefairy 1224 days ago (http://www.economicnews.ca)
Category: Economy
Citing worsening economic conditions at home and abroad, the Bank of Canada sliced its key lending rate to a record low 1.00% Tuesday and held out th[...] read more »
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Australia's unemployment rate hits 4.5pc

Posted by littlefairy 1229 days ago (http://www.news.com.au)
Category: Economy
AUSTRALIA'S unemployment rate hit 4.5 per cent in December, with nearly 44,000 full time jobs lost over the month. read more »
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Dollar Weakens Versus Euro on Speculation Retail Sales Declined

Posted by littlefairy 1230 days ago (http://www.bloomberg.com)
Category: Currencies
The dollar declined from a five-week high against the euro on speculation reports this week will show U.S. retail sales and manufacturing weakened as[...] read more »
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Crude Oil Extends Slump to Sixth Day on Demand-Drop Concern

Posted by littlefairy 1231 days ago (http://www.bloomberg.com)
Category: Economy
Crude oil fell for a sixth day in New York, extending yesterday’s 7.9 percent slump on concern OPEC output cuts won’t be enough to counter weaker dem[...] read more »
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Canada Lost 34,400 Jobs in December, Unemployment Rose to 6.6%

Posted by littlefairy 1235 days ago (http://www.bloomberg.com)
Category: Business
Canadian employment fell by almost twice as much as expected in December, led by construction, more evidence that the world's eighth-biggest economy[...] read more »
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Euro Zone Jobless Rate Rises to 7.8% as Expected in Nov

Posted by littlefairy 1236 days ago (http://www.economicnews.ca)
Category: Business
The euro zone jobless rate rose as expected to 7.8% in November from 7.7% previously, Eurostat reported on Thursday. read more »
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Australian Building Approvals Fall 12.8% on Slowdown

Posted by littlefairy 1236 days ago (http://www.bloomberg.com)
Category: Economy
Australian home-building approvals fell in November for a fifth month, a sign the most aggressive round of central bank interest-rate reductions sinc[...] read more »
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German Unemployment Records First Increase In Almost 3 Years

Posted by littlefairy 1237 days ago (http://www.rttnews.com)
Category: Economy
Bringing to an end long period of monthly declines in the number of jobless, Germany's unemployment rose for the first time in almost three years in[...] read more »
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Crude Rallies as Gold Sells Off

Posted by littlefairy 1238 days ago (http://www.economicnews.ca)
Category: Economy
Commodities are mixed on Monday morning, with metals selling off and energy prices modestly rallying. read more »
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Manufacturing, Home Prices Probably Sank

Posted by littlefairy 1247 days ago (http://www.bloomberg.com)
Category: Economy | Tags: economy manufacturing u.s. economy
Manufacturing in the U.S. probably shrank at the fastest pace since 1980 as the deepening global recession forced customers in North America, Europe [...] read more »
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Holiday Spending Down 8 Percent Amid Bad Weather And A Worse Economy

Posted by littlefairy 1249 days ago (http://www.rttnews.com)
Category: Economy
Retailers had an exceptionally slow holiday season, as consumers chose to save their money rather than spend on presents. read more »
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Japan drafts record budget to revive economy

Posted by littlefairy 1254 days ago (http://www.google.com)
Category: Economy
Japan drafted a record 88.55 trillion yen (1.01 trillion dollar) budget for fiscal year 2009 in a bid to revive Asia's biggest economy, which is sli[...] read more »
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Canada ready to back U. S. auto aid

Posted by littlefairy 1255 days ago, popular 1254 days ago (http://www.financialpost.com)
Category: Economy
Prime Minister Stephen Harper and Ontario Premier Dalton McGuinty will unveil Canada's plan to bailout the Big Three automakers today in the wake of[...] read more »
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Pick of the Day: EUR/USD

Posted by littlefairy 1256 days ago (http://www.babypips.com)
Category: Currencies
Well, I must be a glutton for punishment because here I am looking to short EUR/USD one more time! I'm sticking to my guns on my EUR/USD analysis as[...] read more »
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Euro as new safe haven currency?

Posted by littlefairy 1260 days ago (http://www.babypips.com)
Category: Currencies
Euro continues to be the big winner against the dollar lately. Next key Fib retracement resistance daily comes in near 13600-level. read more »
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