Japanese consumer sentiment increased for the first time in three quarters

Source: mninews
Japan's consumer sentiment rose in December, reflecting the first improvement in the last three quarters. The consumer sentiment diffusion index added 4.9 points to minus 57.5 last month from minus 62.4 in the preceding quarter. The indicator subtracts the number of people who believe the economic situation deteriorated over the last year from the number of individuals who say the situation improved.




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Fri, 13 Jan 2012 08:56:17 GMT

Crude oil jumped to $100.10 a barrel during the electronic trade

Crude oil futures increased during the Asian trading hours on the broadly weaker US Dollar. The US Dollar index declined from 81.364 to 80.607. Light, sweet crude oil February contract advanced to $100.10 a barrel at the electronic trade, gaining 1%.

Fri, 13 Jan 2012 08:55:40 GMT

Obama: US needs another $1.2 trillion to meet current obligations

Barack Obama formally notified the Congress that US government needs to borrow another $1.2 trillion to meet existing commitments. Congress should vote during the next 15 days on the approval of the proposal that may raise debt ceiling to about $16.4 trillion. The government was near default in 2011 exceeding its debt ceiling. The proposal is expected to increase battles

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