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Nov 27, 13 •
2308 Views •
Morning Roll Call •
Maria Iacob
Comments Off on New Zealand is the Lord Of The Rings as deficit shrinks to a record low
Tuesday was a busy day for news from the USA. But firstly the news that the UK is hiring in the service sector, at the fastest rate for six years, adds more fuel to the belief that the UK economy is recovering at a better pace than many would have predicted...
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Nov 26, 13 •
2151 Views •
Morning Roll Call •
Maria Iacob
Comments Off on US private sector rebounds in November according to Markit Economics, as USA pending home sales fall yet again
According to Markit Economics U.S. private sector activity increased in November after slowing during the previous month, whilst new orders grew at their fastest pace since April 2012. Financial data firm Markit stated that its preliminary composite...
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Nov 22, 13 •
3713 Views •
Morning Roll Call •
admin
2 Comments
The DJIA rose more than 100 points and finally closed above 16,000 for the first time in history. The index crossed that psychological milestone earlier this week, but then sold off for three days as the index closed in the red. The S&P 500 also closed...
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Nov 21, 13 •
2457 Views •
Morning Roll Call •
admin
Comments Off on Do the FOMC meeting minutes reveal that the Fed will continue with their highly accommodative quantitative easing programme regardless of economic conditions?
Perhaps the most illuminating comment in the latest FOMC meeting minutes, published late Wednesday evening, was the commitment that; “the Committee today reaffirmed its view that a highly accommodative stance of monetary policy will remain appropriate...
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Nov 20, 13 •
2712 Views •
Morning Roll Call •
admin
Comments Off on Will the EU ignore the OECD’s suggestion regarding quantitative easing?
Tuesday proved to be a fascinating day for news that wasn’t previously pencilled in as high impact news events. The OECD issued another estimate with regards to global economic growth, whilst the troika is (as predicted) having difficulty in agreeing...
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Nov 19, 13 •
2586 Views •
Morning Roll Call •
admin
Comments Off on Dow Jones Index finally but briefly breaches 16,000, up circa 30% in 2012
The Dow Jones industrial average eventually hit a new record high on Monday, creeping over the critical psyche number of 16,000 for the first time shortly after the start of trading on Wall Street. The Dow rose 61 points in early trading to hit 16,023, up...
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Nov 15, 13 •
2836 Views •
Morning Roll Call •
admin
Comments Off on Janet Yellen states the Q.E. won’t go on forever whilst Ireland comes in for praise for its austerity handling
There were plenty of high impact news events on Thursday to keep analysts on their toes. The USA unemployment claims came in worse than expectations, the USA balance of payments increased sharply, Janet Yellen gave evidence to a senate hearing during her...
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Nov 14, 13 •
2955 Views •
Morning Roll Call •
admin
Comments Off on Euro drops as ECB hints at possible negative rates or QE, then rises as Janet Yellen testifies
The ECB cut interest rates to 0.25% last week and kept the deposit rate at zero. The euro came under pressure on Wednesday after an ECB board member, Peter Praet, hinted the central bank could authorise negative interest rates, or buying assets from banks in...
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Nov 13, 13 •
4865 Views •
Morning Roll Call •
admin
Comments Off on The UK low inflation figures only tell half the story…
The UK’s inflation figures were the surprise statistic of the day on Tuesday, and coming in below expectation caused a quick calculation (by many in the analyst community) that the BoE MPC would not be raising interest rates any time soon, causing an...
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Nov 12, 13 •
7324 Views •
Morning Roll Call •
admin
Comments Off on EC may probe the German trade surplus, whilst UK inflation may fall to 2.5%
Britain’s inflation rate could drop to a six-month low when the monthly measure of the cost of living is released this morning. Many analysts are predicting that the UK’s Consumer Prices Index will drop to 2.5% in October, down from 2.7% in...