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Housing starts dip; permits near 3-1/2 year high
Washington :: DC :: USA | over 1 year ago
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Topics Workers build a new house in Alexandria, Virginia February 16, 2012...Commerce Department said housing starts rose 1.5 percent to an annual rate of 699,000 units last month, beating economists' expectations for a 675,000-unit pace. Starts were
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New-home sales dip after 4 straight monthly gains
Washington :: DC :: USA | over 1 year ago
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Sales of new homes dipped in January but the final quarter of 2011 was stronger than first estimated. The Commerce Department said Friday that new-home sales fell 0.9 percent last month to a seasonally adjusted annual rate of 321,
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Germany records 0.2% contraction in the fourth quarter
Berlin :: Germany | over 1 year ago
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Text Size The German economy recorded 0.2% contraction in the fourth quarter compared to estimates of 0.3% contraction, while the prior reading of 0.5% was upwardly revised to 0.6%. The year on year reading (non seasonally adjusted) showed 1.5%
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Jobless Claims Jumped More Than Forecast; Raising Concerns
New York City :: NY :: USA | over 1 year ago
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Articles The Labor Department said new claims in the week ended Jan. 7 increased by 24,000 to 399,000. Jobless claims have registered below the key 400,000 mark -- a level historically associated with an improving labor market -- in nine of the past
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Coming Up: October consumer confidence
Washington :: DC :: USA | over 1 year ago
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Data on consumer confidence for October are due for release at 10 a.m. from the Conference Board, a private research group. With consumers concerned about long-term trends, economists polled by MarketWatch expect a relatively low reading of 46 for
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Building approvals dive 16%
Sydney :: Australia | over 2 years ago
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In the year to January, building approvals were down 24.8 per cent, the Australian Bureau of Statistics said today. More to come Advertisement: Story continues below Join the conversation 18 people are reading this now.
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FX Strategy Briefing: EUR/USD Consolidates Gains
Lei :: Italy | over 2 years ago
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Following the last 2-day rout, the dollar found support and rose against most of its key counterparts on Thursday with the dollar index rising above the 80 handle...The Conference Board US LEI rose more than forecast and existing-home sales rebounded
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FX Strategy Briefing: AUD/USD Likely to Rise to 0.94
London :: United Kingdom | almost 3 years ago
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The dollar was higher against the European currencies on Thursday but lower versus the commodity currencies. Lower-than-expected US initial jobless claims eased concern over slowing US economic growth...A drop in imports is not exactly a sign of a
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FX Strategy Briefing: USD Modestly Lower Ahead of Employment Data
London :: United Kingdom | almost 3 years ago
Credibility
Japan ese officials told reporters that they believe the US would oppose intervention by Japan to support the USD/JPY. Prime Minister Naoto Kan is facing a challenge to his leadership by Ichiro Ozawa who has called for a yen depreciation...The
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FX Strategy Briefing: GBP/USD Will Fall Further
Chicago :: IL :: USA | almost 3 years ago
Credibility
The dollar was higher against the pound on Tuesday but lower versus the yen and Swiss franc. The Federal Open Market Committee August 10 meeting minutes, released today, showed that while some Fed officials were concerned the economy was weakening,
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