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Japan Unemployment Hits 5%, Factory Output Jumps, CPI Eases
Japan's unemployment rate increased to a five year high in April. But while the job picture worsened, data on factory output signaled a possible easing of the nation's recession.
15 votes
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Australian, New Zealand Dollars Set for Third Month of Gains
The Australian and New Zealand dollars rose, heading for a third month of gains, as investor confidence in a global recovery buoyed purchases of higher- yielding assets.
17 votes
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Yen Rises on View Improving Japan Economy
The yen climbed from a two-week low against the dollar and gained versus the euro after a Japanese report showed industrial output rose the most in six years, fueling optimism funds may flow back into the nation’s assets.
17 votes
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Not Mixing With Rest of Economy, Oil Floats Higher
The price of crude oil once again seems to be defying the economic forces of gravity.
11 votes
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This budget does not compute
The easiest way to avoid a tough decision is to delay it and hope something changes in the meantime so the decision never has to be made. This is what John Key and Bill English did in “Budget 2009: The road to recovery.”
4 votes
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Dollar rallies vs yen, NZ dollar shines
The dollar rallied to a 2-1/2 week high against a broadly weaker yen on Thursday as a spike in U.S. bond yields and Moody's affirming the United States' prized triple-A rating drew Japanese investors into overseas assets.
4 votes
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Retailers are feeling more optimistic
Canadian retailers, including those in Sarnia, have had stronger than expected sales this year.
20 votes
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European economic confidence continues to grow
Business and consumer confidence in the eurozone economy rose in May for the second consecutive month following almost two years of shakiness, an EU survey showed Thursday.
4 votes
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Decline in Germany’s GDP
The German economy experienced the biggest contraction since reunification in 1990 when there was a massive decline in exports and investment.
19 votes
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German Unemployment Rose Less Than Expected in May
German unemployment was little changed in May as a result of statistical changes even after a slump in exports and investment led the economy to its worst quarterly contraction on record.
22 votes
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Yen Declines Further as Investors Purchase Assets Overseas
The yen hit a 8-week low against the dollar and also lost ground against the euro, as Japanese investors, driven by a new wave of confidence on world markets, return to overseas investments.
21 votes
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Research and Markets: Inflation Risks and Products
The financial crisis has seen wild swings in inflation and inflation expectations. As markets tried to digest deflationary forces unleashed by the credit crunch they were hit with fears of the inflationary impact of huge government spending. Will


