Finance Roundtable
Finance Roundtable
The market forecasters and personal finance blogs complement the Economics Roundtable.
Skeptical Speculator
The economic reports from Asia's two biggest economies on Wednesday were mixed.
Data on China's economy showed that it remained red-hot in February Bloomberg reports:
China’s exports rose more than forecast in February and property prices jumped the most in almost two years, adding pressure on policy makers to pare stimulus ...
There were some positive economic reports from Japan and Germany on Monday.
From Japan, Bloomberg reports improving confidence among merchants.
Confidence among Japanese merchants rose to the highest level in five months in February, a sign consumers are starting to benefit from the economic recovery.
The Economy Watchers index, a survey of ...
On Friday, the Organisation for Economic Co-operation and Development released its composite leading indicators for January 2010. According to the ...
US employment continued to fall in February but by less than expected. MarketWatch reports:
U.S. nonfarm payrolls declined for the 25th time in the past 26 months, falling by 36,000 in February to a seasonally adjusted 129.5 million, the Labor Department estimated Friday.
The nation's jobless rate was steady at 9.7% ...
Both the ECB and BoE left interest rates unchanged on Thursday, with the former continuing a gradual exit from the crisis measures. Bloomberg reports:
European Central Bank President Jean-Claude Trichet phased out some of the emergency tools used to fight the financial crisis and said it would be inappropriate for ...
The recovery in the US economy may be becoming less dependent on manufacturing. From Bloomberg on Wednesday.
Service industries in the U.S. accelerated in February more than anticipated, indicating the economic expansion may soon create jobs following the worst employment slump in the post-World War II era.
The Institute for Supply ...
The Reserve Bank of Australia raised interest rates on Tuesday. Bloomberg reports:
Australia’s central bank resumed raising interest rates after a one-meeting pause, judging that faster-than-anticipated economic growth will allay concerns that European deficits may roil global confidence.
Reserve Bank of Australia Governor Glenn Stevens increased the benchmark overnight cash rate ...
Data out on Monday show that manufacturing continues to drive the global economic recovery.
Bloomberg reports the latest US ISM and other economic numbers.
Manufacturers increased production and employment in February, signaling factories are leading the nation out of recession as the new year begins.
The Institute for Supply Management’s factory index ...
US fourth quarter GDP was revised up. MarketWatch reports:
U.S. real gross domestic product increased at a 5.9% seasonally adjusted annualized pace in the final three months of 2009, revised up from 5.7% estimated last month. The revision was exactly in line with ...
Thursday's economic data from the US were mixed. Bloomberg reports:
Companies scaled back orders for equipment in January and filings for jobless benefits rose, the latest figures in a series of reports this week that show the U.S. economy is recovering in fits and starts.
Orders for durable goods excluding transportation ...