Stocks fall modestly in early trading Nov 18, 2009
NEW YORK (AP) Stocks are falling modestly in early trading as investors sort through another round of economic data and retail earnings. Overseas markets retreated slightly after big gains the previous day. (KGW Northwest NewsChannel 8, OR -- Business)
JSE opens flat, eyes European markets Nov 18, 2009
Gains have also been helped by some global economic data that hinted at rising demand for these products and heightened inflationary concerns. Setting off Wednesday's session, traders will have a near real-time look at inflation, with the consumer price index for October set to be released in the morning. (Business Report, South Africa)
Oil above $79 after crude supply drop Nov 18, 2009
Crude prices have zigzagged around $79 a barrel for more than a month as investors mull mixed economic data from the US.. Home Depot Inc., Saks Inc. and Target Corp. all reported better-than-expected third-quarter results Wednesday. (India Times)
TARP Watchdog: Officials Could Have Done More to Reduce AIG Bailout Nov 17, 2009
Existing users please login. Remember me on this computer. (Fox News)
Wall St jumps as Fed sees rates low Nov 17, 2009
Monday's economic data showed October retail sales rose a brisk 1. 4 percent last month but were much less impressive with auto sales stripped out. (India Times)
China spanking Obama is health care's only cure Nov 17, 2009
In case you haven't noticed the pattern, for a long time Washington has been putting out economic data that needs to be lowered at a later date. I'm not necessarily saying this is suspicious; just convenient. (New York Post -- News)
Will Beijing strengthen yuan? Nov 17, 2009
Chinese economic data has improved following the huge stimulus programmes implemented over the past year. Recent figures have shown the country is on course to exceed its 8 per cent growth target in the fourth quarter, but they also show money supply growth hitting record levels, implying a build-up of inflationary pressures. (CNN -- International)
Letter to The President # 5 Nov 16, 2009
Before yours truly could begin writing this piece, originally scheduled to only comment on the Chinese Premier's announcement of his country's package, news emerged on November 11 from China's National Bureau of Statistics that the country's latest economic data show it is well on track to meet its target of 8% growth this year. The huge economic stimulus package of the government seems to have helped a great deal. (Ghana Web, Ghana)
Stocks Dismiss Deficit, Sentiment Data Nov 15, 2009
5:15 p.m. Update: Strong overseas economic data and the Fed's view for continued low interest rates pushed stocks higher Wednesday ... 5:15 p.m. Update: Strong overseas economic data and the Fed's view for continued low interest rates pushed stocks higher Wednesday. (Investors Business Daily)
* Forging an economic equilibrium Nov 15, 2009
In addition to optimistic economic data, there is a desire for an equilibrium in which growth is balanced across all macroeconomic sectors, thus leading to acceptance across an entire society while fulfilling environmental responsibilities. Darson Chiu is an associate research fellow and Pei-chen Liu is an industry consultant at the Taiwan Institute of Economic Research. (Taipei Times, Taiwan -- World)
Companies' hiring plans mixed as biggest sales period approaches Nov 15, 2009
The delivery company based its predictions on discussions with large customers and improving economic data, the AP reported. Improving home sales, retail sales growth projections and news of economic growth in the third quarter after four quarters of declines offers a rosier outlook, a spokesman with FedEx said. (Athens Banner-Herald)
S&P Faces 1,100, Searches for Catalyst Nov 14, 2009
That will put next week's round of economic data in the spotlight, including retail sales, the Consumer Price Index and housing starts. The equity market's 60 percent rise from 12-year lows hit in March reflects optimism for improved demand in coming months. (ABC News -- Wire)
China's B-shares indexes rise to 18-month high Nov 14, 2009
China's October economic data revealed strong positive signs of economic recovery, which made foreign investors optimistic over the performance of listed companies, said Bi Zinan, deputy director of the Research Institute of Northeast Securities. The upward trend of B-share market will continue for a while and investors can take investment chances in the middle term or long term, said Qian Xiangjin, an analyst with Citic-Kington Securities. (Xinhuanet, China)
Attention Returns to Economic Data Nov 14, 2009
By Ellen Freilich November 13, 2009. NEW YORK (Reuters) - After an $81 billion refunding this week, the U.S. government securities market turns its attention in the coming week to the state of the economy and what that portends for Federal Reserve monetary policy. (ABC News -- Wire)
Chile Central Bank Pledges Low Rates, Says Traders Overestimating Increase Nov 13, 2009
Chile Central Bank Says Traders Overestimating Rate Increases - Bloomberg. Updated: New York, Nov 13 04:18 London, Nov 13 09:18 Tokyo, Nov 13 18:18. (Bloomberg -- Latin America)
China not to let yuan gain in short term: experts Nov 13, 2009
China has been facing calls to let its own currency gain against the dollar since it recovered quickly from the financial crisis, especially after it reported the positive economic data of last month, however, experts had expressed different opinions. "Sudden upward movement in the yuan would slow China's economic growth when the country's exports just showed signs of recovery, "Tan said, "All in all, the exchange rate policy should not be subjected to other countries but serve our own... (Xinhuanet, China)
Stocks Finish with Modest Gains Nov 12, 2009
Indexes advanced in slow holiday trading Wednesday as strong economic data from China cheered investors worldwide. Story Tools. (BusinessWeek)
Asia shares higher, gold hits record Nov 12, 2009
A string of robust economic data from China on Wednesday has added to expectations the world's fastest-growing major economy can lead a pick-up in global activity. That has further encouraged a shift from the dollar to riskier assets and boosted commodity prices. (India Times)
Gold hits new highs Nov 12, 2009
"In addition to the economic data showing that things are getting better you also have seemingly all the policy makers in the world on a co-ordinated basis trying to keep this recovery going," said Eric Kuby, chief investment officer at North Star Investment Management Corp in Chicago. MSCI's all-country world stock index rose nearly 0. (Business Report, South Africa)
Google routes World Bank data to fact seekers Nov 12, 2009
Google added 17 world development indicators including child mortality rates; carbon dioxide emissions per capita; life expectancy; military expenditures; and economic data. People, businesses or governments can link online to Google public data charts or embed them in websites. (Sydney Morning Herald -- Business)
US stocks rise on OS factory data, stimulus Nov 12, 2009
Other analysts said fresh positive economic data from Beijing had injected confidence into global recovery hopes ... Fresh economic data, such as those from China, "served to reassure investors that the economic recovery is real, spurring bulls on," analysts at Charles Schwab & Co said in a note to clients. (Sydney Morning Herald -- Business)
Wall Street refreshes year highs on China economic data Nov 12, 2009
NEW YORK, Nov. 11 (Xinhua) -- Wall Street rose on Wednesday with all the major indexes refreshing the highs of 2009 as China reported better-than-expected economic data and the Federal Reserve officials signaled to keep interest rates low. Investors were encouraged by China which reported better-than-expect economic data. (Xinhuanet, China)
Chile May Keep Rate at 0.5% After Prices Drop Most Since Great Depression Nov 12, 2009
Chilean Bank May Keep Rate at Record Low 0. 5% as Prices Decline - Bloomberg. (Bloomberg -- Latin America)
Songdo City defies crisis odds Nov 12, 2009
Another 1,000 will come onto the market this year, and despite the sour economic data pouring out of Asia, Gale sees little difficulty in offloading them. "Koreans believe in this project," says British-born David G Moore of Gale's project management team. (Asia Times Online)
China's Ctrip Exceeds Views As Profit Soars Nov 12, 2009
5:15 p.m. Update: Strong overseas economic data and the Fed's view for continued low interest rates pushed stocks higher Wednesday. The Nasdaq led with a 0. (Investors Business Daily)
Dollar trapped in tight trading range Nov 11, 2009
The Australian dollar closed a fraction higher on Wednesday, after positive offshore and poor domestic economic data left the unit trading in a tight range ... Some of the Chinese economic data was good, but didnt give the Aussie reason to push higher. (Sydney Morning Herald -- Business)
FedEx projects busier holiday peak Nov 11, 2009
The delivery company bases its predictions on discussions with large customers and improving economic data. "Clearly (last year) we were in the midst of the worst recession since World War II," Mike Glenn, executive vice president of market development, said in an interview. (MSNBC -- Business)
Gerdau to Sell Benchmark Dollar Bonds in International Credit Markets Nov 11, 2009
Demand will be strong because economic data coming out of Brazil continues to be strong. . (Bloomberg -- Latin America)
Asian Stocks, Currencies Rise on Japan, China Economic Data; Gold Advances Nov 11, 2009
Japan and Chinas economic data also drove Asian currencies higher, raising optimism the regions growth will spur demand for higher-yielding assets. The dollar traded near a 15-month low against the currencies of six major U.S. trading counterparts. (Bloomberg -- Asia)
Oil rises above $80 after hurricane disrupts Nov 11, 2009
"The catalyst for this rally has been, in our view, long-anticipated signs of improvement in oil fundamentals in the context of generally constructive economic data," analysts at Goldman Sachs wrote in their Commodity Watch note to investors. "Strong emerging market demand has pulled supply elsewhere, reducing US petroleum imports. Specifically, Chinese oil demand continues to surge, driven by strong economic activity." - Reuters. (Business Report, South Africa)
Canada's Dollar Trades Near Two-Week High as Crude Oil, Stocks Trim Losses Nov 11, 2009
Its a bit of a vacuum today with not much significant economic data. . (Bloomberg -- Canada)
China to guide yuan with eye on major currencies Nov 11, 2009
The yuan was flat against the dollar on Wednesday after economic data that showed factory output growth surged to a 19-month high in October, suggesting the world's third-largest economy has firmly put the worst of the global financial crisis behind it. Both imports and exports fell more than expected in October, highlighting the continuing challenges from the global crisis. (Yahoo News -- Press Releases)
Stocks to watch: ICICI Bank, Bharti Airtel, Idea Cellular, Ranbaxy Nov 11, 2009
Overseas cues paint a mixed picture where Asian stocks posted modest gains as Chinas economic data beat forecast while US counters ended lower. Private lender ICICI Bank will be watched after the bank said bad loans had peaked and loan quality should improve. (India Times)
Oil Hovers Near $79 Amid Rising US Oil Supplies Nov 11, 2009
Crude has bounced near $80 a barrel for the last few weeks as traders eyed mixed U.S. economic data and the threat of Ida, a one-time hurricane in the Gulf of Mexico that weakened significantly before reaching oil installations near the Gulf Coast on Tuesday. "The reaction to the data and events has been knee-jerk in nature, and not well thought out by market participants," Societe Generale said. (ABC News -- Business)
China production and retail rise Nov 11, 2009
The latest economic data from China suggests that industrial production grew year on year at a level faster than expected ... China's National Bureau of Statistics says the country's latest economic data shows it is well on track to meet its target of 8% growth this year. (BBC News -- Asia-Pacific)
Market Winners & Losers: Monsanto, MBIA Nov 11, 2009
Economic data provided by Econoday. Dow Jones ny Terms tions. (Fox News)
Multi-currencies give IT cos hedging jitters Nov 11, 2009
Cross currencies are reacting to different economic data. You cannot eliminate currency risk, said V Balakrishnan, CFO of Infosys Technologies. (India Times)
Carney Indicating Canadian Data Doesn't Threaten Recovery, Economists Say Nov 10, 2009
Carney told reporters Nov. 7 in St. Andrews, Scotland that there was nothing in recent Canadian economic data that would change the profile of the Bank of Canadas projections, even though they may suggest a softer recovery in the third quarter. The comments are a message to investors to not read too much into reports over the past two weeks that showed employment unexpectedly fell in October and the economy contracted in August, according to , a fixed income strategist at RBC... (Bloomberg -- Canada)
Indexes Sharply Higher As G-20 Keeps Stimulus Nov 10, 2009
eIBD Investor's Business Daily Digital Edition. Access recent eIBD issues easily. (Investors Business Daily)
Dollar struggles to hang on to gains Nov 10, 2009
Mr Waterer said he expected the Australian dollar to track US equities as there was little top tier economic data due during Tuesdays offshore session. The thing to look out for tonight is what is will the US equities do to back up its 200-point gain from last night, he said. (Sydney Morning Herald -- Business)
Suicides raise worries about recessions real cost Nov 10, 2009
com analysis of suicide data and economic data in U.S. metropolitan areas between 1994 and 2005, the period for which records were available for both economic factors and suicides, found no correlation between recent economic downturns and self-inflicted death. Thats a conclusion shared by experts, including the American Association of Suicidology. (MSNBC -- Health)
Stokes strokes his pals at Consolidated Media Nov 10, 2009
Whilst overall industry and economic data remains uncertain it is clear our current marketing activities are resulting in a trend which is massively better than the general travel market,'' blurted the Webjet announcement, just the day before Clarke exercised his options. Another Webjet director, Chris Newman, sold down his stake from 1. (Sydney Morning Herald -- Business)
Recovery? Excess liquidity reflating commodity prices Nov 9, 2009
Economic data have systematically surprised on the upside since March this year indicating some sort of a synchronous global growth recovery despite the large debt overhang in the system. Even though policymakers may have been successful in preventing the global economy from falling into an outright liquidity trap, there are now increasing signs that they are not getting the desired results in terms of fostering a sustainable recovery. (India Times)
Gold powers to new record Nov 9, 2009
Gold powered to another record on Monday as the falling US dollar and bleak macroeconomic data spurred buying from investors seeking a safe haven ... "I think we are going to be looking for more economic data to decide where we go from here," said Heathcote of Investec Australia. (Sydney Morning Herald -- Business)
Oil prices near $79 on US hurricane, weaker dollar Nov 9, 2009
Oil prices gained slightly to stay above $77 on Monday, backed by the weaker dollar and strong economic data in China, which raised hopes for an increase in energy demand. By mid-afternoon in Europe, benchmark crude for December delivery was up 27 cents to $77. (Fresno Bee -- Business)
Tokyo stocks end mixed, eyes China for economic cues Nov 9, 2009
However China-linked shares gained Monday on optimism that key economic data due out later this week will continue to provide investors with propitious cues. Komatsu Ltd. the world's second-largest maker of construction and mining equipment, gained 1. (Xinhuanet, China)
Gold strikes record as US dollar suffers, oil rises Nov 9, 2009
"The trend is still intact. We're still looking at a positive gold market. (There) doesn't seem to be any particular reason to be selling. I think we are going to be looking for more economic data to decide where we go from here.". In addition to weakness in the dollar, news that the International Monetary Fund had sold 200 tonnes of gold to the Reserve Bank of India for $6. (Business Report, South Africa)
Stocks Dismiss Jobs Report Nov 9, 2009
Early on, major indexes rallied despite some worse-than-forecast economic data ... 5:15 p.m. Update: Stocks finished mostly lower following mixed economic data Tuesday ... 5:15 p.m. Update: Stocks opened strong and finished strong Thursday, boosted by better-than-forecast economic data and optimistic comments from Cisco Systems (CSCO) Chief Executive John Chambers. (Investors Business Daily)
* Gravity-defying rally on Wall Street finds new life Nov 8, 2009
The market may move to a -period of digestion and need a new catalyst, whether its guidance from companies, news from economic data or any kind of developments in [merger] activity, he said. Bonds fell on the week. (Taipei Times, Taiwan -- Sports)
* EDITORIAL : Delicate economic balance needed Nov 8, 2009
Consumer spending constitutes a crucial element of Taiwans economic activity, as it accounts for up to 60 percent of GDP. However, recent economic data suggested that consumers remain wary about economic prospects and are spending less and saving more. On Thursday, the Taiwan Institute for Economic Research (TIER) revised its economic forecast for this year, predicting the nations GDP would contract 2. (Taipei Times, Taiwan -- Sports)
Carney Says Recent Data Doesn't Alter Profile of Canada's Economic Rebound Nov 8, 2009
Nov. 7 (Bloomberg) -- Governor said today theres nothing in recent Canadian economic data that would change the profile of the Bank of Canadas projections, even though they may suggest a softer recovery. The sum of the data suggests a somewhat softer third quarter, but again the profile of the recovery with growth strengthening into the fourth quarter and into 2010 I would say remains in place, Carney said. (Bloomberg -- Canada)
Time for investors to realign portfolios Nov 8, 2009
Its not just the monetary policy, in the last nine months stocks from these sectors appreciated sharply along with the equity markets and on aligning the gains with improving economic data, they do appear to be on the higher side, hence giving reason for the correction. 1. (India Times)
Canadian Stocks Rise, Led by Metals Producers, as Gold Rallies to Record Nov 7, 2009
77 after the release of the economic data, after seven days of gains. the eighth-largest lender in the country, dropped 1. (Bloomberg -- Canada)
Bulls likely to scale higher Nov 7, 2009
44 on positive economic data but trading in the Asia-Pacific region, with the exception of China, was very much muted, as a warning from a Federal Reserve official about banks loan losses dampened sentiment ... With the latest macroeconomic data from the US pointing the worlds largest economy on the mending path and rising trading volumes on the home front suggesting the underlying tone of the market is solid, there is a high possibility the bulls may scale higher in the immediate term. (The Star Online, Malaysia -- Business)
Don't Try To Outthink Follow-Through Day Nov 7, 2009
5:15 p.m. Update: Stocks fluttered for most of Friday's session after a mixed round of economic data. But major indexes spiked higher in the final 30 minutes, capping a short trading week with gains. (Investors Business Daily)
A New Uptrend Could Help Fix Flaws In Chart Nov 7, 2009
5:15 p.m. Update: Stocks stumbled for a third straight session Friday on worst-than-expected economic data. Research In Motion's disappointing sales and outlook also hurt. (Investors Business Daily)
Sensex surges 208 pts in opening trade Nov 6, 2009
MUMBAI: The Bombay Stock Exchange benchmark Sensex on Friday soared by 208 points in opening trade on continued buying by funds, driven mainly by firming global trends after a better-than-expected US economic data. The 30-share BSE index shot up by 208. (India Times, India)
Stocks Rally, Dow Above 10,000 Nov 6, 2009
Favorable economic data and Cisco's better than expected results boosted equities Thursday ... Better than expected economic data gave indexes a lift Thursday. (BusinessWeek)
Japan's Bonds Heading for Longest Losses Since June 2008 on Recovery Signs Nov 6, 2009
Japan Bonds Complete 5-Week Loss on Signs of Economic Recovery - Bloomberg. Updated: New York, Nov 06 04:25 London, Nov 06 09:25 Tokyo, Nov 06 18:25. (Bloomberg -- Asia)
New jobless claims drop to lowest since Jan. Nov 6, 2009
5: The CNBC news team and Jim Iuorio, of TJM Institutional Services, parse Thursday's economic data. CNBC. (MSNBC -- Business)
Most Japanese Stocks Fall, Led by Financials on Share Sale; Sony Rises Nov 6, 2009
Investors are likely to buy into exporter shares with the improvements in the U.S. economic data, said , a senior strategist at Tokyo-based Nomura Holdings Inc.. To contact the reporter for this story: in Tokyo at ; in Tokyo. (Bloomberg -- Japan)
World Markets Mixed Ahead of US Jobs Report Nov 6, 2009
Asia stocks up after US rally on upbeat economic data; Europe shares mixed ahead of jobs data. By KELLY OLSEN AP Business WriterSEOUL, South Korea November 6, 2009 (AP) The Associated Press. (ABC News -- Business)
Brazil's Bovespa Rises for Third Day on Gerdau, Vivo Profit; Real Climbs Nov 6, 2009
Nov. 5 (Bloomberg) -- Brazilian stocks rose for a third day after the countrys biggest steel and mobile-phone companies reported profit that beat analyst estimates and U.S. economic data bolstered the outlook for low interest rates. led gains for steelmakers after the company said it expects metal demand to stay strong next year. (Bloomberg -- Latin America)
Stocks surge on jobs data, Cisco forecast Nov 6, 2009
Mixed economic data in recent weeks have made it difficult for investors to get a sense of where the economy is headed, leading to choppy trading. The Federal Reserve pointed to hopeful signs about the economy Wednesday but also said it would keep interest rates low for an extended period to help stimulate growth. (San Diego Union-Tribune)
Amid better news, Dow beats 10,000 again Nov 6, 2009
The Dow had its biggest gain since July after jobless claims fell to the lowest in 10 months, productivity rose at the fastest pace in six years, and said sales are rebounding - more good news than bad across a broad spectrum of economic data, said Art Hogan at Jefferies & Co. Still, a jobs report today will probably peg the unemployment rate at 9. 9. (Boston Globe)
