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Will Obama's Economic Policies Drag the U.S. Down?

posted by blitz 1286 days ago in USD, Daily made popular 1285 days ago

Things are turning nasty for the U.S. economy. Just how nasty was made clear when on hearing of Obama's victory the markets fired a salvo across the bows of the Democratic Party.

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Canada to focus on economy when parliament resumes this week

posted by scorpio 1286 days ago in CAD, Fundamental made popular 1285 days ago

Canada's government will focus almost entirely on looming economic woes and what it can do to help stem a global financial crisis when MPs return to work this week, senior officials said Monday.

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How Long Before Canada's Economy Joins the U.S.?

posted by strawberry 1286 days ago in CAD, Special made popular 1285 days ago

So far, the Canadian economy seems relatively unfazed by the credit crisis in the U.S. But is it only a matter of time before Canada gets drawn into the economic woes of its biggest trading partner?

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Italian Trade Balance, UK CPI, ECB Speak

posted by stephenie 1286 days ago in EUR, Fundamental made popular 1285 days ago

European markets will be focused on the Italian trade balance, UK CPI and speeches by ECB members on Tuesday.

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Lower Inflation Will Provide Room for More Rate Cuts

posted by twilight 1286 days ago in EUR, Fundamental made popular 1285 days ago

In an interview with the Malta Times, Michael Bonello, Governor of the Central Bank of Malta, said that indications of easing inflation will give the European Central bank room to cut rates further.

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US PPI; Bernanke, Bair & Paulson to Testify on TARP

posted by xjessicax 1286 days ago in USD, CAD made popular 1285 days ago

On Tuesday, the producer price index for October and the National Association of Home Builders (NAHB) Housing Market Index for November will be released in the U.S. Market participants will also be interested in hearing testimony from Fed Chairma

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Economy Expected to Be Priority of New Canadian Parliament

posted by chloegurl 1286 days ago in CAD, Fundamental made popular 1285 days ago

Canada's Parliament returns to work this week after a break of more than two and a half months, and the single biggest item of interest is expected to be how to deal with the continuing global economic turmoil.

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OPEC Lowers Forecast for World Oil Demand,

posted by keiragabe 1286 days ago in Oil made popular 1285 days ago

Worldwide demand for oil is expected to grow in 2009 despite imminent recessions in the developed world, OPEC said in a report Monday.

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CBI predicts 3 million unemployed by next year

posted by hanayoridango 1286 days ago in GBP, Employment made popular 1285 days ago

When even the CBI issues one of the most downbeat statements for some time it really is time to wake up and smell the coffee for those in the UK. The CBI has today announced its forecast for unemployment in the short to medium term with a suggest

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Consumer inflation set to fall

posted by princesa 1286 days ago in GBP, Inflation, Consumer made popular 1285 days ago

Official figures due out later on Tuesday are expected to show that UK inflation fell to 4.8% in October.

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Pound's `Very Significant' Drop Isn't Yet a Crisis

posted by grink 1286 days ago in GBP, Fundamental, Inflation made popular 1285 days ago

Former Chancellor of the Exchequer Norman Lamont said the pound's drop will help the British economy as long as it doesn't turn into a ``run'' on the currency.

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The fightback of sterling may be shortlived

posted by sassygirl 1286 days ago in GBP, Fundamental made popular 1286 days ago

George Osborne may have spent much of Sunday furiously insisting he was perfectly within his rights to tell the world he thought the Government's economic policies might trigger a run on the pound, but he will still have breathed a sigh of relief

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