Wednesday, 04 April 2012 13:39
April 4th, 2:39 pm by Barbara Zigah
(eToro Blog) While markets will anxiously await Friday’s U.S. government-issued non-farms payroll report, in the interim they have today’s ADP report to look forward to. The latest consensus of economists polled calls for the ADP numbers to drop to 200,000 in March from February’s 216,000, and while a decrease it
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Wednesday, 04 April 2012 10:18
April 4th, 11:18 am by Barbara Zigah
(eToro Blog) Equity markets are being given a serious cash of whiplash with the latest blow coming from the U.S. Federal Reserve meeting minutes which were released yesterday and which offered no hints about the prospect of additional easing. That is in marked contrast to recent commentary from Fed Chairman Ben
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Wednesday, 04 April 2012 04:00
April 4th, 5:00 am by Benzinga
Factory Orders for the month of February were released this morning. New orders were up 1.3 percent month-over-month, lower than the 1.5 percent increase anticipated by analysts; however, higher than the revised January decrease of 1.1 percent.
From the release by the US Census Bureau, “New orders for manufactured g ...
Tuesday, 03 April 2012 16:59
Earlier euro pulled back on uncertainty about the Federal Reserve minutes, as well as concerns about Spanish debt. As Spanish bond yields rose, the euro dropped. However, things are turning around a little bit. After pulling back, the euro is now gaining against the US dollar.
Right now, European banks are delaying the necessity of dealing with p ...
Tuesday, 03 April 2012 16:20
US dollar is mixed today as traders wait for the latest minutes from the Federal Reserve meeting. The minutes of the meeting should provide some insight into what different members of the board think should happen with the economy, and might even give some clues about what could be next.
For now, US dollar is mixed, trading mostly unchanged ...
Tuesday, 03 April 2012 12:38
April 3rd, 1:38 pm by Barbara Zigah
(eToro Blog) More bad news today highlights the difficulties that the Spanish government faces to restore economic health to the Eurozone’s 4th largest economy. It was reported earlier by the Spanish Ministry of Labor that the number of registered jobless increased by 0.8% last month from the previous month, and
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Tuesday, 03 April 2012 11:20
April 3rd, 12:20 pm by Barbara Zigah
(eToro Blog) According to a report recently issued by the British Chamber of Commerce, the U.K. economy rebounded modestly over the last quarter, with growth estimated at 0.3% and aided in large part by robust demand overseas. The report cautions, however, that the path to a full and robust recovery is certain
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