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BOJ At A Turning Point
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 - Mar 07, 2013

At today’s monetary policy meeting, the BoJ Policy Board decided to keep the policy rate unchanged. The next BoJ governor favours a more aggressive monetary policy to get the economy out of ...

 
Era Of Easy Money: Gentlemen, Start Your Presses
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 - Mar 07, 2013

In his Congressional testimony last week in Washington, Fed Chairman Ben Bernanke took time to downplay the significance of the few dissenting voices on the Fed's Open Market Committee (FOMC). Those ...

 
Canada: Speculators Dump The Loonie By A Record Amount
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 - Mar 07, 2013

Global equity markets have been buoyed by pro-growth announcements in the past 24 hours. In China, the outgoing premier called for a GDP growth target of 7.5% in 2013. In order to meet the objective, ...

 
Market Primer: US Equity Futures Trading Higher
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 - Mar 07, 2013

U.S. equity futures trade up in early Thursday trading Top News In other news around the markets: Germany factory orders down 1.9 percent vs. the 0.5 percent expected increase;Euro benefited from ...

 
Anticipated Data: De Manufacturers' Orders, ECB Policy, US Jobs
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 - Mar 07, 2013

Thursday's key data releases include new factory orders for Germany, the European Central Bank's monetary policy announcement, and weekly jobless claims figures for the US. The Bank of England will ...

 
Any Bright Spots In The Greek Darkness?
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 - Mar 07, 2013

Following a 90.7 percent decline (see chart below) in the leading Greek stock index from its peak on October 31, 2007, Greek stocks seem to have bottomed in May 2012, following the national elections ...

 
US Nonfarm Private Payrolls: February 2013 Preview
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 - Mar 07, 2013

Private nonfarm payrolls are expected to increase by 214,000 in tomorrow's update from the Labor Department, based on The Capital Spectator's average econometric forecast. The projection is moderately...

 
BOJ On Hold, Upcoming BOE And ECB Rate Decisions On Major Focus
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 - Mar 07, 2013

The dollar is mildly firmer in a busy day with BoJ, BoE, and then ECB rate decisions. BoJ governor Shirakawa held his last meeting today and kept rates unchanged at 0-0.1% by unanimous vote. A board ...

 
ECB To Stay ‘On Message’
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 - Mar 07, 2013

ECB expectations are firmly anchored to inaction on interest, deposit and marginal rates, yet outlying thoughts still look for a continued dovish stance from ECB President Mario Draghi and the board. ...

 
Gold And US Dollar Strengthen As US Economy Recovers  
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 - Mar 07, 2013

US Stock MarketWall Street closed the trading day mixed after better than expected jobs data fueled hopes that the US economy is recovering. The Dow Jones gained by 0.20%, the NASDAQ fell by 0.32%, ...

 
Venezuelan President Chavez Death: Oil Production Continues Normally
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 - Mar 07, 2013

US Stocks wiped out the damage by the recession and hit all-time highs in yesterday 's American session. Overnight trading saw the Dow Jones Index finish at 14,256, more than doubling its low of 6547 ...

 
The Current Market Sentiment‏: Awaiting ECB's Deceision
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 - Mar 07, 2013

The market will be waiting today for the ECB’s interest rate decision which is widely expected to keep the interest rate unchanged by 0.75%. There can be a move to have this decision by ...

 
Daily Forex And Dow Jones Recommended Levels: March 7, 2013
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 - Mar 07, 2013

EUR/USD Today’s support: - 1.2960 (main), where correction is possible. Break would give 1.2930, where correction also may be. Then follows 1.2908. Break of the latter would result in 1.2880. ...

 
US Employment Indicators
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 - Mar 07, 2013

Last December, I wrote: “[M]y working hypothesis is that the fiscal cliff will be averted and there won’t be a recession next year.” I also predicted: “Averting the fiscal ...

 
The Eurozone Rift: It Would Be Wrong 'To Give In To Panic'
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 - Mar 07, 2013

Euros entered circulation on January 1, 2002, and for six years, they were practically growing on trees in southern Europe. But the bubble got pricked. Since then, the monetary union has been in ...

 
World Recession Update
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 - Mar 07, 2013

We have quarterly GDP data for 11 more OECD countries since our last post “World plunges into recession in Q42012“, and there have been some 2nd estimate revisions (such as the U.S). The chart below ...

 
Lending Securities: Which Mutual Funds Do It Best
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 - Mar 07, 2013

The boards of directors of mutual funds serve a valuable role when they have securities-lending operations. They are monitors; the filings that registered investment firms submit to the Securities and...