September loses -263k US jobs and records a 9.8% Unemployment rate
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9.8% US Unemployment Rate with over 10.4 million on Jobless Benefits.
Is this it? Is this the big one? Will we get to print that 10% US unemployment rate this morning? 9....
BoE to Exit QE Program in 6-12 Months According to Poll
Analysts are forecasting an end to the Quantitative Easing program that the Bank of England has been...
Goldman’s revise NFP predictions down to -250k from -200k
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Greenspan Calls for Tighter Credit, Higher Taxes
Former Federal Reserve Chairman Alan Greenspan has been in the news a lot for a retired man. Today h...
Major stock indicators fell more than 1 percent after disappointing reports on the manufacturing industry and the labor market overshadow good news on housing and consumer spending. The Dow Jones industrial average fell 140 points.
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And I thought Greenspan was retired – he’s been in the news more now than when he was running the Fed!
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Merkel’s Next Challenge – Germany’s Rising Unemployment
First off, congratulations to Angela Merkel and her Christian Democrat party who managed to retain t...
Central Bank Exit Policies
Very interesting to read Donald L. Kohn’s thoughts on the conditions, tools and how to communi...
Yen May Drop to 100, Former Japan Currency Official Utsumi Says
Yes, but will they consider it “abnormal” and intervene, that is the real question. â...
ISM Manufacturing PMI for September lower than expected at 52.6 (54.0 was the forecast) Employment also slightly lower.
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Eurozone Jobless Continues Rising
Although many economies are reducing the rate of lost jobs, the Eurozone is far off from a full reco...
German jobs saved by short-time working subsidies, says IMF
While the impact of the worst recession since the second world war has been to push up joblessness i...
Dollar jumps on European official’s comments
The euro fell 0.5% on the day against the dollar after the EU’s Economic and Monetary Affairs ...
Oil falls below $70 after near $4 jump
U.S. crude futures fell 67 cents to $69.94 a barrel by 1030 GMT (6:30 a.m. EDT), after rising nearly...
Stock futures slip further after data
S&P 500 futures fell 4.2 points and were below fair value, a formula that evaluates pricing by ...
UK Corporate Debt Rise Lends Weight to Recovery
In its quarterly Credit Conditions Survey, the Bank said that, over the past three months, availabil...
Britain to make ‘stronger’ exit from recession
The IMF lifted forecasts across the board due to the impact of action by several governments as well...
IMF says world economy is recovering
Publishing its twice-yearly World Economic Outlook, the IMF rejected forecasts for either a rapid V-...
Tankan Survey Results Weighs on Tokyo Stocks
apan’s Nikkei 225 finished 1.5% lower at 9978.64, ending below the psychologically-crucial 100...