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Swiss unemployment keeps on falling

posted by odell 1417 days ago in CHF, Fundamental, Employment made popular 1417 days ago

Unemployment has reached its lowest level in six years in Switzerland, with the jobless rate dropping 0.1 per cent to 2.3 per cent in June.

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New Zealand Manufacturing keeps shrinking in June

posted by odell 1417 days ago in NZD, Fundamental, Manufacturing made popular 1417 days ago

Manufacturing activity in New Zealand is continuing to weaken, with a new survey showing contraction not seen for several years.

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RBA must act on rates if growth doesn't slow - IMF

posted by odell 1417 days ago in AUD, Fundamental, Inflation made popular 1417 days ago

The International Monetary Fund (IMF) says inflation risks in Australia are "clearly on the upside" and the Reserve Bank should be quick to lift rates if economic growth does not slow as expected.

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Australia job figures add to interest rates pressure

posted by odell 1417 days ago in AUD, Fundamental, Employment made popular 1416 days ago

The Australian job market continues to defy an otherwise gloomy economic outlook, as the number of new jobs jumped by more than expected last month.

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Trichet voices inflation concerns

posted by odell 1417 days ago in EUR, Fundamental, Inflation made popular 1417 days ago

The President of the European Central Bank (ECB) has said eurozone inflation is at a "worrying" level and could stay high in the months ahead.

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Bank of England expected to keep rates at 5%

posted by odell 1417 days ago in GBP, Fundamental, Inflation made popular 1417 days ago

The Bank of England is expected to announce it is keeping interest rates at 5% when it meets later - amid growing signs the economy is weakening.

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U.S. Economy to Stall at Year-End as `Perfect Storm Returns'

posted by odell 1417 days ago in USD, Fundamental, GDP made popular 1417 days ago

The U.S. economic expansion may slow to the weakest pace in six years in the fourth quarter, after the impact of federal tax rebates fades, according to a Bloomberg News survey.

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Worst of Housing Crisis Is Behind Us - Really: John M. Berry

posted by odell 1417 days ago in USD, Housing made popular 1417 days ago

The intense pain caused by the bursting of the housing bubble is beginning to ease. Really.

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Swiss Franc Rebounds Versus Majors After Unemployment Report

posted by halfwatertest 1419 days ago in Daily made popular 1417 days ago

The Swiss franc recovered from lows against its major counterparts on Monday in New York. Investors considered a report showing Swiss unemployment fell as expected.

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UK industrial output falls sharply

posted by warrenbuffet 1419 days ago in GBP, Fundamental, Manufacturing

UK industrial production fell by 0.8 per cent in May, much more than expected, adding to a growing picture of an economy where growth is challenged in almost every sector.

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Dollar gains as oil slips

posted by warrenbuffet 1419 days ago in USD, Daily, Oil

The greenback climbs as crude prices reverse direction and the markets continue to mull over the European Central Bank's statement from last week.

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Dollar rally is likely to spill over

posted by halfwatertest 1442 days ago in USD

Dubai: The dollar rally is likely to spill over to this week as investors bet the Federal Reserve could increase interest rates in the coming months. However, they are sceptical that additional bad news from the US financial sector could sour the

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