FreshPips.com | fresh news handpicked by forex traders

Japan’s Economy Probably Shrank by Most Since 1974

posted by twilight 1560 days ago in JPY, Fundamental made popular 1560 days ago

Japan’s economy shrank at an annual pace of more than 10 percent last quarter amid an unprecedented collapse in exports and production, a report next week may show.

• Discuss

Australian Employers Unexpectedly Add 1,200 Workers

posted by chloegurl 1560 days ago in AUD, Fundamental, Employment made popular 1560 days ago

Australian employers unexpectedly added full-time workers in January, a sign the economy may avoid a recession that is gripping the U.S., U.K., Europe and Japan.

• Discuss

NZ manufacturing shrinks for 9th month

posted by keiragabe 1560 days ago in NZD, Fundamental, Manufacturing made popular 1560 days ago

New Zealand manufacturing activity contracted for a ninth straight month, marked by dwindling production and new orders.

• Discuss

Swedish Central Bank Slashes Base Rate To Record Low 1%

posted by penpip 1561 days ago in CHF, Fundamental, Inflation made popular 1561 days ago

Wednesday, the Swedish central bank cut its benchmark rate for the fourth session in a row, taking it to a record low. The central bank also hinted that the rate might need to be reduced further this year.

• Discuss

Euro Gains Against Most Majors Ahead Of German CPI

posted by dotcom 1561 days ago in EUR, Fundamental made popular 1561 days ago

At 2.00am ET, Germany's Federal Statistical Office is set to release final inflation data for January. According to a preliminary report released on January 21, annual inflation slowed to 0.9% in January from 1.1% recorded in December. On a month

• Discuss

Canada's new recessionary consumer

posted by princesa 1561 days ago in CAD, Fundamental, Consumer made popular 1561 days ago

During the boom years, Canadians loaded up on debt. Now, as the economy heads south, they're more willing than ever before to throw in the towel financially.

• Discuss

UK Economy Sliding Out of the Global Premier League

posted by sassygirl 1561 days ago in GBP, Fundamental, GDP made popular 1561 days ago

Britain is facing an unprecedented fall in its economic world ranking, according to a newly produced report by country risk specialists Business Monitor International (BMI).

• Discuss

Canada's central bank says US bailout plan is key

posted by realtrade 1562 days ago in CAD, Fundamental made popular 1561 days ago

The head of Canada's central bank said Tuesday the success of America's bank bailout plan is crucial to Canada's economic recovery.

• Discuss

Recession is most serious since 1930s, says British minister

posted by keiragabe 1562 days ago in GBP, Fundamental, GDP made popular 1562 days ago

A close ally of British Prime Minister Gordon Brown has said that the current global recession is "the most serious for over 100 years," according to media reports

• Discuss

Dollar Surges To 2-month High Against Swiss Franc

posted by sassygirl 1562 days ago in USD, CHF, Fundamental made popular 1562 days ago

Tuesday in Asia, the dollar jumped to its highest level in almost 2-months against the Swiss franc on optimism the U.S. fiscal-stimulus and bank-rescue packages will help the economy recover faster than countries in Asia and Europe. The dollar al

• Discuss

Recent Data Shows Canadian Outlook "Getting Darker"

posted by 1562 days ago in CAD, Fundamental, GDP made popular 1562 days ago | admin links Edit

• Discard
• Queued
• Published
• Modify

With 129,000 jobs lost in January alone, housing starts falling to near pre-boom levels and bankruptcies up nearly 50% compared to a year ago, there's no question Canada's economic horizon just got a whole lot darker.

• Discuss

Bank of England to warn recession will last

posted by RogerTerr 1562 days ago in GBP, Fundamental made popular 1562 days ago

In its quarterly Inflation Report, the Bank's Monetary Policy Committee will slash its economic growth forecast to the lowest level since it was granted independence in 1997, and will indicate that it is now poised to start buying up securities d

• Discuss