EconWatch.com > Sweet & sour: Economists upbeat on economy; consumers, less so
[DailyFinance] Economists surveyed this month by Bloomberg News now expect the U.S. economy to expand faster than previously forecast, for both the second half of 2009 and in 2010. Economists surveyed anticipate 1.5 percent GDP growth in the second .
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[Business Times Online - All The Headlines] Britain still in recession in Q2: survey - July 8, 2009: Still, there was a glimmer of hope in the BCC survey, which showed confidence in service sector turnover and profitability had returned for the first time in about a year, while manufacturers were also upbeat about the prospects for turnover. Some economists have been forecasting a turnaround in manufacturing and the wider economy following better survey data, but these figures are likely to heighten concern the economy is still some way from a durable recovery.
[Scoop Business » Article] Scoop Business » NZ Dollar Outlook: Kiwi may gain amid upbeat data: The currency will remain range-bound on a trade-weighted basis according to four of seven strategists and economists surveyed by BusinessWire. Four said the trade-weighted index, or TWI, which measures the kiwi dollar against the currencies of major trading partners, would hold around its current level.
[Banking Times: Daily Banking News] CBI survey upbeat on financial services sector: The Confederation of British Industry (CBI) has published its latest quarterly report which suggests that the UK's financial services industry is emerging from the worst of the .According to CBI chief economist, Ian McCafferty, firms are more positive about volumes than since March 2007, with 29% predicting an increase over the next three months.
TheBull.com.au: "By December, when we think the (RBA) board will decide to initiate the first tightening, it will need to be considering whether the current historically low level of interest rates, which were set for what seemed like a severe recession in Australia, is still appropriate."
[Oilweek Online] Stocks run higher following upbeat U.S. report on May durable ...: In other corporate news, software maker Oracle Corp.´s results for its latest quarter topped Wall Street´s forecast Tuesday, despite a five per cent in sales and a seven per cent decline in profit. The company blamed the declines on the effects of a stronger U.S. dollar _ which makes deals done in other currencies translate into fewer greenbacks.
[Breaking News] Stock market holds gains despite unexpected decline in new home ...: NEW DELHI - Personal computer (PC) sales, including desktops and laptops, declined 19 percent in the October-December quarter as against the year-ago period, an industry lobby said Monday. 'The total PC sales between October and December 2008 were 1.4 million units, a decline of 19 percent over the corresponding period last fiscal,' the Manufacturer's Association for Information Technology (MAIT) said.
[sharechat.co.nz - Latest News] Dollar Outlook: Kiwi may fall as greenback finds favour again ...: The Dollar Index, a measure of the US dollar versus six of its major trading partners, rose 0.1% to 80.13 after weaker-than-expected manufacturing data in the Euro-zone raised concerns about the health of the region’s economy, and the Russian and Japanese finance ministers reaffirmed their support for the greenback as the world’s reserve currency.
[Star News] » European Shares Start New Quarter With a Jump- Star News ...: European stock markets rose Wednesday as investors started the third quarter with mild optimism after some upbeat economic data, but Asian markets were only mixed after a disappointing business survey in Japan. Neil Mackinnon, chief economist at the ECU Group, said it's a “tough call” whether a similar performance can be turned in for the quarter as investors will now need “hard evidence” that the world's major economies are improving enough to .
[Breaking News] Stocks advance despite mixed economic data; statement from Federal ...: Investors were upbeat about a Commerce Department report Wednesday saying durable goods orders rose 1.8 percent in May. Economists surveyed by Thomson Reuters had anticipated a drop. The major indexes rose but pulled off their highs. ..... @tericee; hmans Remember Infogrames (who eventually became the new Atari) This is their corporate anthem. sottolaw New blog post: netDockets Bankruptcy and Corporate Restructuring Blog: Six Flags ... http://bit.ly/3gzGN ...
[CNN Political Ticker] CNN Political Ticker: All politics, all the time Blog Archive ...: I am sure that CNN will follow-up with another poll showing that 7 of 8 CNN bloggers polled still believe that Obama's policies were exactly what was needed to pull the country out of the current recession even though they have done nothing but increase the debt we are all going to have to begin paying back(even the folks on "Main Street")!!!!!!!!
[The Rates Blog] Blogging On Interest Rates, Economics & Business in New Zealand: Upbeat Eurozone data also helped underpin EUR/USD, which rose from sub-1.4000 to around 1.4100. A survey by the European Commission showed that economic sentiment improved at a faster than expected pace in June.
[Breaking News] Manufacturing helps world markets kick off Q3 in optimistic mood: BANGALORE - Wipro chairman Azim Premji Wednesday said he was more optimistic now than a month ago about recovery in the Indian and the US markets after a huge amount of uncertainty. 'Overall, we are feeling more optimistic today than we would have felt even four weeks back about the Indian and the US markets though it's too early to make a call on the European and Japanese markets, which are large markets for IT services,' Premji told IANS here.
[politicalOBSERVER] politicalOBSERVER » Blog Archive » Panic sparks plunge in global ...: “If the United States consumer quits buying things, it is going to hurt in Asia,” said Deborah Schuller, an Asia regional credit officer for Moodys Investors Service. She said most rated corporations there would be able to withstand a nine-month recession in the United States, but if it were to stretch to 12 months or more, there could be some serious problems.
[Breaking News] Stocks rise after data shows more stable manufacturing activity ...: Stock futures lower after jobs reportNEW YORK ” Stock futures are extending their decline as the June unemployment rate hit a 26-year high. Overseas markets are also lower after a report showed unemployment in the 16 countries that use the euro rose to a 10-year high in May.
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