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US durable goods orders fall sharply 27 Aug 2013 | 06:39 am
The outlook for the US economy dimmed a little after a report on Monday showed that durable goods orders fell 7.3 percent in July, the first decrease in four months and the biggest since August 2012. ...
Baby Boomers to curb rise in US bond yields 26 Aug 2013 | 10:37 am
US Treasury yields may have gone up recently in anticipation of the Federal Reserve tapering its bond purchases but over the longer term, this Bloomberg article says that Baby Boomers will help keep y...
Europe shows more signs of recovery but US new home sales fall sharply 24 Aug 2013 | 05:45 am
There were more signs on Friday that Europe's economy is recovering. Germany confirmed that its economy grew 0.7 percent in the second quarter, its fastest growth rate in more than a year. Britain's ...
US and European markets rise amid positive economic data 23 Aug 2013 | 06:25 am
Markets rose on Thursday, shrugging off concerns of an impending reduction in monetary stimulus from the Federal Reserve. The S&P 500 rose 0.9 percent while the STOXX Europe 600 rose 1.0 percent. Ear...
Fed tapering looms, emerging markets at risk, US stocks show overvaluation 22 Aug 2013 | 07:02 am
Global markets fell again on Wednesday as the minutes of the last Federal Reserve monetary policy meeting showed support for the reduction of monetary stimulus. Bloomberg reports the Fed minutes: “A...
Stocks fall except in US 21 Aug 2013 | 06:05 am
Asian stocks tumbled again on Tuesday. The Indonesian stock market was again the big loser, falling 3.2 percent, after having fallen 5.6 percent on Monday. Japanese stocks fell 2.6 percent. Stocks al...
Emerging markets lead global stocks down 20 Aug 2013 | 05:28 am
Emerging markets have performed poorly recently, and that trend continued on Monday. Bloomberg reports: The MSCI Emerging Markets Index slid 1.4 percent to 944.88. The Jakarta Composite Index dropped...
Japan's trade deficit expands as exports weaken 19 Aug 2013 | 05:57 am
Japan's trade data on Monday provided further signs that its economy has lost some momentum. Bloomberg reports: Exports rose 12.2 percent from a year earlier, the Ministry of Finance said in Tokyo to...
US consumer confidence falls but Treasury yields rise with housing starts 17 Aug 2013 | 04:57 am
US economic data on Friday were mixed. The preliminary reading of the Thomson Reuters/University of Michigan consumer sentiment index fell to 80.0 in August from a six-year high of 85.1 in July. Hou...
Markets fall on positive economic data 16 Aug 2013 | 06:52 am
US stocks tumbled on Thursday with the S&P 500 falling 1.4 percent. US Treasuries also fell. Ten-year note yields rose five basis points to 2.77 percent, hitting 2.82 percent at one point on Thursday...
