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Australian Unemployment Rate 5.2% in Feb

posted by wiredprg 1172 days ago in Fundamental

The unemployment rate in Australia came in at 5.2 percent for February, the Australian Bureau of Statistics said on Thursday, marking its highest level since March 2005. That was higher than analyst expectations for a 5.0 percent increase after th...

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Japan Residents Bought Net Y334.7 Billion in Foreign Stocks

posted by wiredprg 1172 days ago in Fundamental

Japanese investors purchased a net 334.7 billion yen in foreign stocks last week, the Ministry of Finance said on Thursday....

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Australian Unemployment Rate 5.2% in Feb

posted by wiredprg 1172 days ago in Fundamental

The unemployment rate in Australia came in at 5.2 percent for February, the Australian Bureau of Statistics said on Thursday, marking its highest level since March 2005. That was higher than analyst expectations for a 5.0 percent increase after th...

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Bank of Korea Holds Rates At 2.00%

posted by wiredprg 1172 days ago in Fundamental

The Bank of Korea on Thursday voted to keep interest rates on hold, maintaining the record low of 2.00 percent in defiance of expectations for a 25 basis point reduction to 1.75 percent....

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Japan Q4 Revised GDP -3.2% on Quarter vs. -3.3% Prelim

posted by wiredprg 1172 days ago in Fundamental

The Japanese economy contracted a revised 3.2 percent in the fourth quarter of 2008 compared to the previous three months, the Cabinet Office said on Thursday - slightly less than the preliminary reading of -3.3 percent. On an annualized basis, re...

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Australian unemployment rises to 4-year high

posted by xjessicax 1172 days ago in AUD, Employment made popular 1172 days ago

Unemployment in Australia rose to its highest level in nearly four years, official figures showed Thursday, in yet another sign of the global economic downturn.

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NZ central bank cuts interest rate to 3%

posted by chloegurl 1172 days ago in NZD, Fundamental, Inflation made popular 1172 days ago

New Zealand Reserve Bank Governor Alan Bollard on Thursday cut New Zealand's official interest rate to 3 percent from 3.5 percent, warning the timing and extent of global recovery remain "highly uncertain."

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Japan's economy shrinks an annualized 12.1% in Q4

posted by keiragabe 1172 days ago in JPY, Fundamental made popular 1172 days ago

The Japanese economy saw a 12.1% annual rate of contraction in the fourth quarter on a steep decline in exports and a fall in private investment, revised data showed Thursday.

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Bernanke sees end to recession this year

posted by ananais 1172 days ago in USD, GDP made popular 1172 days ago

US FEDERAL Reserve chairman Ben Bernanke has repeated his optimistic scenario of an end to the recession late this year and growth next year, but warned the main determinant will be whether the US stabilises its financial system.

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Oil prices slump below $US43

posted by skushno 1172 days ago in Oil made popular 1172 days ago

Oil prices tumbled more than 7 per cent on Wednesday as US inventories swelled with surplus crude and traders started to doubt whether OPEC would cut production further. Benchmark crude for April delivery fell $US3.38 to settle at $US42.33 a barr

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Fed funds and Paul Krugman

posted by comments22 1172 days ago in Fundamental made popular 1172 days ago

how unconventional easing is doing

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More Money Going to Special Interests

posted by forexlady 1172 days ago in Daily made popular 1172 days ago

Congress has just passed another $410 billion in governement spending. $5.5billion is earmarked for special interests. And you wonder why we are in a recession

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