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The euro traded steadily at $1.32 on Wednesday morning as investors awaited GDP data for the 17 nation bloc. Most are expecting the figures to show that the region finally exited its longest ever...
Investors brushed off strong economic data released overnight and Asian markets were mixed during a thinly traded session. Hong Kong markets closed for the morning session as officials raised the...
CurrenciesThe euro (EUR) appeared weak throughout the Asian session; currently trading below 1.3260 versus the US dollar (USD). Eurozone will release their first estimate of the year’s 2nd...
US Consumer spending rose at its fastest pace in seven months according to figures presented yesterday. The gauge in consumer spending indicates quicker economic growth, and would strengthen the case...
Through its quantitative easing program, the Federal Reserve has created about $3.0 trillion in new money out of thin air. This was all in the name of getting consumer confidence in the U.S. economy...
Love the blog. I am an MBA student and obsessed with the value investing philosophy. There are two points that could use clarification. There are so many value investors today, does that mitigate...
The Advance Retail Sales Report released yesterday shows that sales in July came in at 0.2% month-over-month, a decline from June's 0.6% (an upward revision from 0.4%). Yesterday's headline number...
Japan continues to dominate the economic news. The latest move concerns Prime Minister Abe’s new economic policies to cut corporate taxes. He also announced plans to run a shakeup at...
Inflation in the UK fell to 2.8 per cent last month, the latest data from the Office for National Statistics (ONS) has revealed. Figures released by the body indicated that the headline figure for...
New data from the Office for National Statistics (ONS) has revealed house prices in the UK are still improving. Figures released by the ONS today (August 13th) showed prices in the year to June rose...
US retail sales increased 0.2% in July, in line with expectations, albeit a touch lower than some forecasts anticipated. Nonetheless, that’s a sluggish gain and well below June’s 0.6%...
Laclede Group (LG) cancelled promotional events after an incident in Seoul led to 20 people being injured. The smartphone manufacturer was launching its new G2 device in the city and released 100...
I’m getting really, really, really sick of this.Day after day after day.