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Fed needs to slow QE
Wed, 15 May 2013 10:09:02 GMT
 
The Federal Reserve is likely to announce a slowdown of its monthly bond purchases as soon as its next policy meeting, Philadelphia Fed President Charles Plosser said Tuesday. >>
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German business mood improved slightly
Wed, 15 May 2013 09:58:03 GMT
 
Confidence among businesses in Europe's largest economy improved slightly this May, however, less than expected, adding to signs the economic outlook worsens as the Euro region remains mired in recession. >>
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Japan's machine tool orders improved
Tue, 14 May 2013 08:54:02 GMT
 
Japan's machine tool orders improved slightly last month, suggesting measure introduced by the Bank of Japan are boosting investors' and businesses' confidence. >>
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Swiss retail sales down in March
Tue, 14 May 2013 08:32:03 GMT
 
Sales at Swiss retailers fell more than initially was expected in March, raising concerns that the debt crisis in the neighbouring Eurozone weighed on Swiss consumers, the Federal Statistical Office >>
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U.K. businesses more see brighter economic prospects
Tue, 14 May 2013 07:45:03 GMT
 
Confidence among British companies is improving rapidly, indicating that the economy is reviving and gaining pace. >>
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U.S. retail sales signal strength in economy
Tue, 14 May 2013 07:30:02 GMT
 
The better-than-expected improvement in the U.S. retail sales is pointing to underlying strength in the economy, the Commerce Department said on Monday. >>
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Eurozone GDP likely to shrink in Q1
Tue, 14 May 2013 07:19:03 GMT
 
The Eurozone economy is most likely to shrink in the first three months of this year, suffering the longest recession since the single currency's creation. >>
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Japan's service sector mood dropped in April
Mon, 13 May 2013 06:14:07 GMT
 
Japan's key business confidence index dropped for a first time in six months in April, as bad weather conditions weighed on demand for spring clothing, the government said on Friday. >>
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U.K. trade deficit narrowed in March
Mon, 13 May 2013 06:03:03 GMT
 
British trade deficit narrowed slightly in March, as exports to countries outside the EU rose. >>
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Shadow banking risks persist
Mon, 13 May 2013 05:52:12 GMT
 
The Fed's Chairman Ben Bernanke warned that risks of shadow banking system persists the and are still posing a serious threat to financial stability, and raised concerns that funding markets >>
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Canada added 12,500 jobs last month
Mon, 13 May 2013 05:41:08 GMT
 
The pace of hiring in the Canadian economy accelerated in April, albeit slower than expected, signalling the long winter of labour market contraction may be at an end, Statistics Canada >>
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German exports added 0.5% in March
Mon, 13 May 2013 05:19:06 GMT
 
Exports from Europe's largest economy increased in March, adding to signs German economy is starting to recover from a contraction at the end of the last year. >>
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Australian unemployment down in April
Fri, 10 May 2013 07:40:07 GMT
 
Australian labour market improved significantly last month, undermining central bank's efforts to relieve pressure on manufacturers and exporters. >>
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Japan current account surplus rose in March
Fri, 10 May 2013 07:21:03 GMT
 
Japan's current account surplus increased to the highest level in a year as weaker Yen brightened the outlook for exporters. >>
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BoE holds back on fresh stimulus
Fri, 10 May 2013 07:10:02 GMT
 
The Bank of England during its monthly policy meeting decided to leave its stimulus programme unchanged and kept the main refinancing rate on hold, as the economy is showing signs >>
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