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| | | ... months (a very long time in financial markets) before banking supervisor s created, etcetera. Reuters added to this list last night, reporting that the Finns and the Dutch (is Dutches the plural form?) "will block the euro zone's permanent bailout fund ... |
| | | | ... first quarter US real GDP growth was released. No, not that it was unchanged at 1.9%. That couldn't be a rationale for last night's dip. The Supreme Court upheld Obamacare. Ho-hum. No, that too. It was widely expected and isn't it a boost for the healthcare ... |
| | | | ... volume of 13,394 contracts traded. The Australian market opened firmer, as local investors took their cues from a positive night of Wall Street. The consumer discretionary sector was the best-performing sector at noon, having risen 0.77 per cent, according ... |
| | | | ... Angie babe. My apologies, this is a very nasty thing to even contemplate but just try and put two and two together - last night's equity markets rally and yesterday's statement by the German Chancellor - only a few days before what is billed as a "make ... |
| | | | Stop right there. If you believe that last night's reversal of fortune on Wall Street was really, truly because of "improved data on the US housing market" as the Australian Financial Review puts it or "as Home Data Tempers Economic Concern," as per ... |
| | | | ... taxpayers' money to fund early retirement of the Greeks, the Spaniards, the Irish, the Italians, the Portuguese and just last night, the Cypriots. Then again, if the situation is so dire, that there's no way Europe can dig itself out of the hole they ... |
| | | | ... next crisis. This, or they finally "find a way to finally make it right" to "make the magic last for more than just one night". |
| | | | ... dropped by 2%, silver 3.6%, copper 2.2%, oil 2.1%. (As an aside, the Fed would still be unmoved by the magnitude of last night's drop). In the absence of economic reports, the markets' reaction would be interpreted as disappointment over the Fed's announcement. ... |
| | | | ... have a minimal effect on US economic growth, Uncle Ben would surely be concerned over some of the reports released last night. The Commerce Department reported that housing starts dropped to an annual rate of 708,000 units - lagging market expectations ... |
| | | | ... dissipated, Spain pops up to take its place. News was the yield on 10-year Spanish bonds jumped to a euro area high of 7.28% last night. Boyoboyoboy. Spanish yields eased to around 7.16% at the close. But hey wait, isn't this above the magic 7% which ... |
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