Higher Energy Costs Lead to Surprise Increase in Japan’s Consumer Prices
A sharp increase in energy costs resulted in an increase in consumer prices in Japan as core consume...
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US Growth Output Downgraded
As Federal Reserve members continue their two-day session at Jackson Hole, Wyoming, the Commerce Dep...
CHF KOF Economic Barometer 1.61 vs. 1.98
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USD Prelim GDP q/q +1% vs. +1.3%
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Bigger Punch Irene or Bernanke?
Bernanke is unlikely to announce any new easing initiatives at todays ‘market hypedÃÂ...
Sterling Falls as UK Consumer Confidence Weakens
The British pound fell against the major currencies today following an update indicating that consum...
Gold Continues Sell-Off
Gold continued to fall today following yesterday’s decline of more than $100 to mark its large...
France Raises Taxes on Companies and Wealthy to Protect Rating
Spooked by S&P’s downgrade of American debt, France has raised corporate taxes as well as...
Bernanke to disappoint EURO positions?
Despite Euro-zone sovereign bonds continuing to be sold off, European Banks funding under stress wit...
U.S. Home Prices Decline 5.9% in Second Quarter
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Gold plunges in NY for biggest drop in 18 months – speculation financial markets may be stabilizing and gold loses appeal as a haven.
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US Durable Goods Orders Jump 4%
July’s order for U.S. durable goods beat expectations jumping by 4 percent on greater demand f...
Japan Suffers Credit Rating Downgrade
Japan became the latest sovereign nation to receive a credit rating downgrade today as Moody’s...
EUR Industrial New Orders m/m -0.7% vs. +3.6%
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EUR German Ifo Business Climate 108.7 vs 112.9
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US Durable Goods Orders m/m +0.4% vs. -1.3%
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US Core Durable Goods Orders m/m +0.7% vs. +0.6%
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Again the EUR fails to weaken!
The lack of a EUR selloff this morning, in the wake of a poor Euro industrial order print (-0.7%) an...
Yen Falls as Officials Pledge Action on Currency
In response to a record high of 75.95 yen to the dollar, Japan’s Finance Minister Y...
CAD Retail Sales m/m +0.7% vs. +0.3%
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