Fundamental Analysis

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Mon, 13 Feb 2012 09:48:50 GMT

December trade deficit widens to $48.8 billion, consumer sentiment deteriorates in February

U.S. trade deficit widened to a six-month high of $48.8 billion in December, up by $1.7 billion compared to November, the Bureau of Economic Analysis announced on Friday.

Mon, 13 Feb 2012 09:48:44 GMT

Greece rejects more austerity

Leaders of Greece's governing coalition rejected German demands for additional austerity measures hours after German Finance Minister Wolfgang Schaeuble told legislators in Berlin that the nation was missing deficit targets.

Fri, 10 Feb 2012 12:14:00 GMT

Japan machinery orders tumbled 7.1% in December

Japan's machinery orders tumbled in December as the debt crisis in Europe and strong yen dimmed the outlook for exporters. Month-on-month bookings fell 7.1 per cent in December, after surging 15 per cent in November, said the Cabinet Office on Thursday.

Fri, 10 Feb 2012 11:53:19 GMT

Swiss stock closed higher on Thursday amid Greek deal

Swiss stocks rose on Thursday after Greek politicians agreed on austerity measures to secure a second bailout.

Fri, 10 Feb 2012 11:53:13 GMT

BOE holds rate, injects £50 billion into economy; factory output rose in December

The Bank of England injected another 50 billion pounds into the U.K. economy and maintained key lending rate at record low of 0.5 per cent to protect fragile economic recovery.

Fri, 10 Feb 2012 10:48:30 GMT

U.S. unemployment claims brighten labour market outlook

The number of Americans claiming for unemployment insurance payments fell to 358 thousand last week from 373 thousand in the week ended January 31, said the Department of Labor on Thursday.

Fri, 10 Feb 2012 09:51:05 GMT

Greek political leaders agreed a deal on reforms and austerity measures

Greece leaders Thursday agreed a deal on reforms and austerity measures in return for a 130 billion euro bailout from international lenders which will help the country to avoid a messy default.

Thu, 09 Feb 2012 11:23:25 GMT

Japan current account surplus shrank in 2011

Japan's current account surplus shrank sharply in 2011 to its smallest value in 15 years, as exports weakened, being disrupted by the March earthquake and the Thai floods and energy imports soared after shutdown of nuclear plants.

Thu, 09 Feb 2012 11:23:17 GMT

Unemployment remains at 3.1%, stocks little changed on Wednesday

Swiss unemployment remained unchanged in January, said the Swiss State Secretariat for Economic Affairs on Wednesday. Jobless rate was at 3.1 per cent, the same as in December.

Thu, 09 Feb 2012 11:23:07 GMT

BRC: U.K. shop price inflation declined in January

U.K. shop price inflation fell to 1.4% in January from 1.7% in December, the British Retail Consortium announced on Wednesday. Food inflation declined to 3.7 per cent from 4.2 per cent in December. Non-flood inflation eased to zero from 0.3 per cent in the last month of 2011.

Thu, 09 Feb 2012 11:22:58 GMT

U.S. stocks closed with mild gains on Wednesday

U.S. stocks closed positive on Wednesday while investors awaited the outcome of negotiations between Greece and the troika.

Thu, 09 Feb 2012 10:46:07 GMT

Greece struggles to secure a 130 billion euro bailout

Greece leaders gathered on Wednesday to agree on a reform deal in return for a 130 billion euro bailout from the European Union and the International Monetary Fund.

Wed, 08 Feb 2012 13:16:04 GMT

Japanese stocks closed mixed on Tuesday

Japanese stock indexes ended mixed on Tuesday after Japan Tobacco Inc. raised its earnings forecast and Greece struggled to secure a €130 billion international bailout.

Wed, 08 Feb 2012 13:15:58 GMT

Swiss stocks edged slightly higher on Tuesday

Swiss stocks rose modestly on Tuesday. The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies, advanced 0.17%, or 10.56 points, to 6,157.59. The broader Swiss Performance Index added 0.17%, or 9.47 points, to 5,585.07.

Wed, 08 Feb 2012 13:15:52 GMT

U.K. retails sales fell in January

U.K. retail sector contracted in January as shoppers limited their spending ahead of a difficult year. Retails sales dropped 0.3 per cent in January from the same period last year when they rose 2.2 per cent, the British Retail Consortium announced on Tuesday.

Wed, 08 Feb 2012 13:15:46 GMT

U.S. stocks edged higher Tuesday amid Greece financial rescue optimism

U.S. stocks rose on Tuesday as investors awaited the outcome of discussion on a financial aid package for Greece.

Wed, 08 Feb 2012 13:15:41 GMT

Greece, Troika work on final bailout agreement

Greece's government is preparing a final version of an agreement on budget and structural measures required for a 130 billion euro bailout, said a Greek government official.

Tue, 07 Feb 2012 11:06:19 GMT

Japanese stocks rose on Monday

Japanese stocks rose on Monday after U.S. companies created more jobs than expected in January and Nikon Corp. together with Oki Electric Industry Co. raised profit forecasts.

Tue, 07 Feb 2012 11:06:08 GMT

Swiss stocks edged lower on Monday

Swiss stocks dropped on Monday. The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies, declined 0.10%, or 6.28 points, to 6,147.03. The broader Swiss Performance Index shed 0.08%, or 4.31 points, to 5,575.60.

Tue, 07 Feb 2012 11:06:02 GMT

Halifax: U.K. house prices rose 0.6% in January

U.K. house prices rose 0.6% to £160,907 in January, for the first time in three months, said the Halifax, the mortgage unit of Lloyds Banking Group Plc on Monday.

Tue, 07 Feb 2012 10:42:21 GMT

U.S. stocks fell on Monday amid uncertainty over Greek bailout

U.S. stocks declined on Monday, snapping a three-day winning streak, after the meeting of euro zone ministers was postponed because of Greek reluctance to commit to reforms.

Tue, 07 Feb 2012 10:00:02 GMT

German factory orders rose 1.7% in December

German factory orders increased more than expected in December as demand from overseas helped the euro zone's largest economy to weather the debt crisis. Orders rose 1.7 per cent, after declining 4.9 per cent in November, said the Economy Ministry on Monday.

Mon, 06 Feb 2012 14:12:37 GMT

Payrolls jump, unemployment rate decreases to 8.3% in January

The number of Americans, who have found a job in January rose to nine-month high of 243,000, said the Labor Department on Friday, pushing unemployment rate lower to 8.3 per cent, the lowest in three years.

Mon, 06 Feb 2012 14:12:30 GMT

Euro zone retail sales declined 0.4% in December

Euro zone retail sales declined unexpectedly in December, said the European Union's statistics office Eurostat on Friday. Retail sales fell 0.4 per cent from November after declining by the same amount in October.

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