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Thoughts About Breaking Trading Slumps
It's never easy going through a trading slump, but it's especially frustrating and difficult when markets are moving and you're missing out on so much seeming opportunity.
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US consumer prices flat in September
The new reading on the Consumer Price Index, the government's most closely watched inflation barometer, came after prices actually dipped by 0.1 percent in August, the Labor Department reported Thursday
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Zero interest rate a possibility
Australian interest rates are tipped to fall to the lowest level since the aftermath of the September 2001 terror attacks as the central bank worries about a recession.
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Aussie, NZ dollars drop on Global Recession Concern
The Australian and New Zealand dollars fell the most since Oct. 8, when they plunged to five- year lows versus the greenback, as equities and commodities tumbled on concern the world is sliding into recession.
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UK Jobless total 'will hit 3m': But don't worry says PM
The growing army of the jobless is set to number three million by the time of the next election, economists warned Gordon Brown yesterday.They predicted levels of unemployment not seen in two decades on the back of the biggest three-month leap
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How'd We Get Into This Mess?
The question I am asked the most lately is, “How on Earth did we get into this mess in the first place?” The answer, plain and simple, is greed. I have stated numerous times that markets worldwide and throughout the centuries are dominated by ind
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Exports may not rescue UK economy
Hopes that the plunging pound may boost UK exports have been questioned by new research into currency movements.
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U.K.'s Rising Food Prices Hamper Economic Policy
The cost of food in the U.K. is rising at a faster rate than elsewhere, putting more pressure on an economy already squeezed by the credit crisis.
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NZ among riskiest nations during financial crisis
New Zealand is among 13 nations named by BusinessWeek as most at risk from the global financial crisis.
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We'll borrow more if it's needed - Labour
Finance spokesman Michael Cullen said: "The Government is not going to allow the economy to slip into a depression because it has some fear of lifting its short-term borrowing position. That is not sensible fiscal economic management."
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Aussie Central Bank Sees A$2.1 Billion Cash Deficit Today
The Reserve Bank of Australia estimated money markets will have a deficit of A$2.1 billion ($1.5 billion) today as it prepares to inject cash into the financial system.
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4B AUD to flow into the bush from Rudd's rescue package
Up to $4 billion will flow into regional Australia as part of the Government's $10.4 billion economic rescue package, announced in Canberra yesterday.


