The headline rate of inflation that the ECB puts a ceiling on rose by 0.2% in Sept after rising by 0.4% in August. The three-month pace of inflation is an excessive 2.4% with the Yr/Yr pace at 1.8%, still below the ECB's self-imposed [...]
Global| Sep 30 2010
Initial Claims For Jobless Insurance Slip, But Total Claimants Fall Sharply
Initial claims for unemployment insurance fell 16,000 last week to 453,000 from an upwardly revised 469,000 in the week prior (originally 465,000).The 4-week moving average fell slightly to 463,250. The latest weekly decline was [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 30 2010
Real GDP Q2 Growth Revised Little
The latest estimate of 1.7% (AR) growth in real Q2 GDP was little revised from last month's 1.6%. Moreover, it differed little from the Consensus expectation for an unchanged reading of 1.6%. It remained the fourth straight quarter of [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 29 2010
Consumer Confidence Continues To Lag But EU Indices Advance
The EMU overall sentiment index rose in September to 103.4 from 103.1 keeping the European advance in play. Of the main five countries four saw increases in their confidence levels, Italy was the exception, but Spain's index rose [...]
Global| Sep 29 2010
Mortgage Applications Slip Again As Interest Rates Near 4.0%
The Mortgage Bankers Association reported that mortgage applications slipped 0.8% last week for the fourth consecutive down week. Nevertheless, overall applications remain up 20.7% September '09. Last week's total decline was led by [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 29 2010
Stability Describes Recent Energy Price Movement
Tracking gasoline prices this Summer required little more than a ruler as the pump price for regular gasoline moved sideways near last week's level of $2.69 per gallon. Prices remained down from $2.91 in early-May. Nevertheless, [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 28 2010
GFK Survey Jumps For October
GFK goes its own way - The GFK survey of German Consumer Confidence rose sharply in its look-head assessment of October. The index rise to 4.9 from 4.3 was a stunner given the withering expectations for Germany. Although various [...]
Global| Sep 28 2010
Where To Find Data On Gold In Haver
PRICES: Daily prices of gold can be found in the Haver databases, DAILY and INTDAILY, weekly prices in the Haver databases, WEEKLY and INTWKLY, and monthly prices in USECON and IFS. The IFS database contains monthly data back to [...]
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