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| | | ... mixed close on Wall Street overnight after the Federal Reserve could act before too long to stimulate the sluggish US economy. At 0748 AEST on Thursday, the September share price index futures contract was up nine points at 4,370. No major economic news ... |
| | | | ... to 3,062.39. LONDON - European stock markets posted gains amid light trading volumes, spurred by data that shows the US economy is pursuing its slow pace of recovery. London's benchmark FTSE 100 index of leading companies added just 0.03 per cent to ... |
| | | | ... rose 2.22 to 3,020.86. In a week with no major developments in Europe's debt crisis, and no surprising reports on the US economy, the market struggled to figure out which way to go. LONDON - European stock markets slipped lower in thin trading, with ... |
| | | | ... weeks of 2012. But with most equity markets ending on the plus side, boring is good enough for me. Reports that the US economy created 163,000 jobs in July - better than the 100K expected - sent financial markets off to a good start. America's not headed ... |
| | | | ... Financial markets are already trading on known knowns. Euro disintegration? Check. China hard landing? Check. Limping US economy. Check and check and heck, financial markets have even blown these scares out of proportion. Don't believe me? Just look ... |
| | | | ... This is because the latest monthly jobs report instalment has not cleared short run visibility of the direction of the US economy. Employment was better than the 100K expected. Yippee! But this is not enough to shift growth into higher gear and reduce ... |
| | | | ... entire game tonight (Fed) or two days from now (ECB). So we wait... And while we do, we might as well wait for the US economy to make up its mind - consumer spending stalled last month at the same time that household income grew at its fastest pace in ... |
| | | | ... incomes and spending, and home prices. The Commerce Department reported June personal spending, the main driver of the US economy, was essentially flat, while incomes rose 0.5 per cent, slightly better than expected. Consumer confidence improved slightly ... |
| | | | ... and potential dismemberment, the China hard landing story and slowing emerging market growth, the sluggishly growing US economy and heck, even its upcoming fall into a fiscal cliff - we've all been staring at them for quite a while now. Not only are ... |
| | | | ... IMF and EU officials are satisfied with the appraisal of the country's progress towards budget cuts. Still more. The US economy is expected to show growth slowed to an annualised rate of 1.4% in the second quarter from 1.9% in the first three months ... |
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