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Average Price of Gas in Canada Lower for 9th Consecutive Wk

posted by milkyway 1284 days ago in CAD, Oil made popular 1283 days ago

The average price of gas Canadians paid at the pumps last week continued to fall for the ninth consecutive week, with prices down on average another 3.3 cents in the week ending Nov. 18, according to MJ Ervin & Associates.

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U.S. Economy: Consumer Prices Fall as Deflation Looms

posted by milkyway 1284 days ago in USD, Fundamental, Consumer made popular 1283 days ago

The cost of living in the U.S. fell by the most on record and construction began on the fewest homes ever last month, evidence the economy is in the worst recession in at least a quarter century.

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Spanish GDP Contracts by 0.2% in Q3

posted by milkyway 1284 days ago in EUR, Fundamental, GDP made popular 1283 days ago

Spanish GDP was confirmed to have contracted 0.2% in the third quarter of 2008, in line with preliminary estimates, following Q2's 0.1% rise, the National Statistics Institute (INE) said on Wednesday.

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Falling Oil Prices Expected to Slow German PPI Growth forOct

posted by xjessicax 1284 days ago in EUR, Oil made popular 1284 days ago

With oil prices continuing to fall back from their record highs reached earlier this year, a majority of economists expect German producer price growth to slowed further in October. Ahead of the Federal Statistical Office (Destatis)'s data releas

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Canadian Dollar Suffers Broad-Based Losses as Equities

posted by kulas 1284 days ago in USD, CAD, Fundamental made popular 1284 days ago

The loonie is currently down against all major foreign currencies, including the U.S. dollar ahead of Wednesday's anticipated consumer price index (CPI) report.

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U.S. Economy: No Easy Answers, But Plenty of Questions

posted by blitz 1284 days ago in USD, Daily made popular 1284 days ago

These are some of the most frequently-asked questions I have heard in the various speaking engagements and media interviews I’ve participated in over the past several months.

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U.S. Housing Starts and Permits at All-Time Lows

posted by scorpio 1284 days ago in USD, Housing made popular 1284 days ago

U.S. housing starts and building permits each fell to record lows in October, which economists say is bad news in the short term. However, the quicker housing activity declines, the quicker excess inventory will be cleared off the market and the

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U.S. Preview: U.S. Housing Starts Set to Fall in October

posted by stephenie 1284 days ago in USD, Housing made popular 1284 days ago

The U.S. housing market is expected to give further proof of a long, slow-motion decline with the release of the housing starts & permits report from the Department of Commerce on Wednesday. The starts index could potentially fall to levels not s

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Euro Zone Construction Output Falls 1.3% from August to Sept

posted by milkyway 1284 days ago in EUR made popular 1284 days ago

Euro zone construction output fell by a revised 1.3% between August and September after rising 0.4% in the previous month, Eurostat said in a press released issued on Wednesday.

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Recession in Europe Tends to be Less Severe than in U.S.

posted by twilight 1284 days ago in EUR, Fundamental, GDP made popular 1284 days ago

European Central Bank Governing Council member Michael Bonello said that although Europe is entering into a recession, it is likely to be less severe than that of the U.S.

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Spanish Economy to Contract in 2009, Says OECD

posted by chloegurl 1284 days ago in EUR, Fundamental made popular 1284 days ago

The Organization for Economic Co-operation and Development has cut its growth forecasts for Spain while predicting that the fiscal deficit will breach the 3% ceiling by 2010.

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More Than a Third of Canadians Expect Housing Prices to Fall

posted by chloegurl 1284 days ago in CAD, Fundamental, Housing made popular 1284 days ago

Canadians are growing increasingly fidgety about the future of the country's real estate market, according to survey results released Tuesday by the Canadian Association of Accredited Mortgage Professionals (CAAMP).

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