Banks call Fed to restrict information release

Note: This section contains information in English only.
Source: Marketwatch
Several US leading banks attempt to persuade Fed to restrict the amount of information it discloses to public when it reports the outcome of recent stress tests. Federal Reserve is preparing to disclose more details than it did in 2009. The Clearing House Association said in a letter to Fed that unveiling extra information may have a negative effect on financial institutions involved in stress tests. 
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Tue, 06 Mar 2012 10:19:47 GMT

US shares end lower on weaker data from China and Europe

US stock markets faced a relatively weak session on Monday as investors anticipated news about growth forecast cut in China and weaker PMI data in the Euro Area. S&P 500 index lost 0.39% or 5.30 points and closed at 1,364.33, Dow Jones Industrial Average index slipped 0.11% or 14.76 points to 12,962.81 and Nasdaq Composite faded most, dropping 0.86% or

Tue, 06 Mar 2012 09:46:15 GMT

US factory orders tumbled by 1% in January

The factory orders in the US fell more than initially projected in January, reported US Census Bureau. The factory orders declined by 1.0% on a seasonally adjusted basis in January as compared to a 1.4% increase in the preceding month. Experts predicted the figure to drop by 1.3% in January.

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