posted by
jobseeker
1501 days ago
in Special
The dogs are barking that Tuesday's budget will slash into "middle-class welfare" — non-means-tested benefits enjoyed by the comfortably off. We'll see just how courageous Kevin Rudd proves to be.
posted by
forexanalysis
1502 days ago
in Special, Housing
Atrios is concerned that there will be a second wave of foreclosures when the next wave of option ARMs reset
posted by
dennis
1502 days ago
in Special, Employment
The Labor Department reported that fewer jobs were lost in April than in any month since last October, but that the unemployment rate continues to rise sharply, an indication that laid off workers are finding it increasingly difficult to find new
posted by
hanazawa
1504 days ago
in USD, Special, Employment
Speculation that Bank of American may need USD$34bn of capital has triggered fresh concern about the results of the stress tests on banks, which are due for release on Thursday.
posted by
Nica
1504 days ago
in EUR, Special, Inflation
Typically when a central bank is expected to cut interest rates and announce Quantitative Easing like measures, one would expect the currency to sell off ahead of the rate decision.
posted by
sunnyspeaks
1504 days ago
in Special
The recession has been tough on many, but that doesn’t mean you have to just take it. You can fight back by using a variety of online tools and resources available to you. Take a look at these 50 free web apps.
posted by
edward
1504 days ago
in NZD, Special
The “non-response” (so far!) by the NZD forex market to the RBNZ’s extraordinary new approach to monetary policy management tells you something about how unconvincing the RBNZ stance is, or maybe the lack of trading/speculative interest in the NZ
posted by
eriathwen
1505 days ago
in USD, AUD, Special
The Reserve Bank of Australia kept its overnight cash rate at 3.00% prompting a rally in the Australian dollar which rose to 7421 in late Asian trade. In a post announcement statement Governor Glenn Stevens noted,
posted by
Alice
1509 days ago
in Fundamental, Special
In retrospect, the months of March and April appear to have been a turning point. While the bears will discount the six straight weeks of equity market gains, the “green shoots of recovery” dialogue and the slowing of the rate of deterioration in
posted by
twilight
1510 days ago
in USD, Special, Consumer
While the Swine Flu "epidemic" has created substantial buzz among global equity markets, the lasting effects of the virus on the consumer are limited. The virus is serious and deserves appropriate responses by the WHO and individual nations but h
posted by
realtrade
1510 days ago
in USD, Special, GDP
The U.S. GDP report for the first quarter of 2009 was pretty awful. GDP came in much worse than expected at an annualized -6.1% below Q4.
posted by
jobseeker
1511 days ago
in NZD, Fundamental, Special
The 50 basis point cut in the Official Cash Rate to 2.5% may not be passed on to all mortgage and term deposits in the same way it has been in the past. It all depends on how the wholesale markets react to the Reserve Bank Governor Alan Bollard’s