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BoE ready to act if necessary
Thu, 29 Aug 2013 06:45:02 GMT
 
During the speech in Nottingham at an event hosted by the UK's leading industry and business associations, the Bank of England Governor Mark Carney reassured market participants that borrowing costs >>
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Pending home sales down of higher rates
Thu, 29 Aug 2013 06:26:02 GMT
 
Signed contracts to purchase existing home in the United States faltered last month, as homebuyers are facing higher interest rates and rising property prices. >>
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German consumers more cautious in September
Thu, 29 Aug 2013 06:15:03 GMT
 
Confidence among German consumers unexpectedly eased heading to September, albeit still remaining close to the highest level in almost six years, as shoppers are getting more cautious about creeping inflation. >>
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Swiss industry orders down on weak demand
Wed, 28 Aug 2013 06:45:02 GMT
 
Swiss manufacturers continue suffering this year, as sales of machinery and electrical products recorded a sharp fall, due to sluggish demand from the neighbouring Eurozone and slowing down Asian economies, >>
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Japan's land prices soar amid signs of recovery
Wed, 28 Aug 2013 06:34:02 GMT
 
Land prices in almost two-thirds of Japanese major urban areas soared in the second quarter, boosted by rising real estate investment appetite and stronger demand for residential properties, as investors >>
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U.K. dominant services sector's activity rose
Wed, 28 Aug 2013 06:12:02 GMT
 
Britain's key service sector expanded at its fastest pace since before the financial crash of 2008, a new quarterly report showed. >>
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U.S. consumer confidence, home price climb higher
Wed, 28 Aug 2013 06:01:04 GMT
 
A bunch of upbeat economic data from the world's largest economy was published on Tuesday, supporting the case of September's tapering. Consumer morale rose more than expected in August, amid >>
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German business morale at 16-months high
Wed, 28 Aug 2013 05:50:03 GMT
 
The business climate in Europe's powerhouse, Germany, rose more than expected this month, underlying improving growth prospects for the struggling 17-nation economy. >>
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New Zealand trade balance switched to deficit
Tue, 27 Aug 2013 05:57:02 GMT
 
New Zealand posted its biggest trade deficit in 10 months in July, due to a jump in costs of import, while exports dropped, Statistics New Zealand showed in a monthly >>
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Japanese corporate service prices flat in July
Tue, 27 Aug 2013 05:46:03 GMT
 
A measure of change in the price of services purchased by Japanese corporations, showed a steady pace last month, albeit it was unchanged from the previous month, the Bank of >>
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Carney to reiterate his pledge to keep rates low
Tue, 27 Aug 2013 05:35:03 GMT
 
During a speech in Nottingham on Wednesday the Bank of England Governor Mark Carney is expected to reaffirm his commitment to keep borrowing costs at record low until more than >>
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Demand for U.S. durable goods sinks
Tue, 27 Aug 2013 05:24:02 GMT
 
Demand for big-ticket U.S. goods sank the most since August 2012, raising concerns manufacturing will be slow to strengthen. >>
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Eurozone economic confidence set to reach 17-month high in August
Tue, 27 Aug 2013 05:13:04 GMT
 
Confidence among Eurozone consumers is posed to climb to its highest level in 17 months in August, reinforcing a view that currency bloc's recovery is gaining steam, recovering from its >>
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Canada inflation speeds up
Mon, 26 Aug 2013 07:07:04 GMT
 
Canada's annual inflation rate surged for the third consecutive month in July to 1.3% after hitting 1.2% in June, while still lagging the 1.4% expected by economists. >>
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Sales-tax hike would test BOJ optimism
Mon, 26 Aug 2013 06:56:03 GMT
 
In the heated debate over whether Japanese authorities should increase sales tax as the economy is gathering steam, everyone agrees on one thing- a jump in taxes would add more >>
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