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| | | Now that Greece has again been relegated to a mere afterthought, the latest PMI update from Markit Economics reminded all and sundry that, Greece bailed out or not, a recession is still waiting in the wings in Europe. The Markit Economics preliminary ... |
| | | | ... Have a look: Philly Fed Business Outlook: Business activity +10.2 in Feb from +7.3 in January. Plus 9.5 expected. Initial Jobless Claims: -13K to 348K in week ended 11 Feb. Plus 10K expected. Housing Starts: +1.5% to 699K in Jan versus expectations of ... |
| | | | ... points, or 1.62 per cent, to 4,257.2 points. NEW YORK - US stocks surged higher Thursday helped by buoyant data on new jobless claims and housing starts, with the Dow reaching its highest level since May 2008. Positive signs for the US economy poured ... |
| | | | ... from 8.5% in the previous month. - This is the lowest in three years and the fifth consecutive month of decline in the jobless rate. There were cheers all around. The DJ Euro Stoxx-50 index closed 1.5% higher and the FTSE-100 jumped by 1.8%, ignoring ... |
| | | | ... jumped by 297K in December - that's almost triple consensus projections for a 100K increase. Why wait when last night's jobless claims showed applications for unemployment insurance dropped to a bigger-than-expected 367K in the week ended 28 January. ... |
| | | | ... Australia's unemployment will reach 6%! Boy, oh, boy, then the America must really be in the mud - the Fed expects the jobless rate to drop to only 6.7% by 2014 (and that's the optimistic end of its forecast). "The manufacturing, retail, construction ... |
| | | | ... increased in December, lifted by solid business spending on machinery and equipment. Separate data showed a rise in weekly jobless claims, although the four-week average is still trending down. Combined with the Fed's comments, the indicators pushed ... |
| | | | ... after Bank of America and Morgan Stanley's results both topped analysts' forecasts and reinforced positive data showing jobless claims fell to their lowest level since 2008. "In the US reporting season so far, 65 per cent of results have exceeded expectations," ... |
| | | | ... every bit of good news serves to provide a positive shock to the system. And there were also plenty of them last night. US jobless claims plunged by 50,000 to a less-than-expected 352,000 (only a tad higher than the level of claims recorded before the ... |
| | | | ... losing streak, as positive data from the US spurred hopes that the world economy may have some life yet. The number of US jobless claims fell to the lowest level in three years, data released overnight showed, in the latest indication that the world's ... |
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