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U.S. Factory Orders Up 0.7 Percent In May, Higher Than Expected
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- Published on Tuesday, 03 July 2012 14:04
- Written by RTT News
U.S factory orders posted a stronger than expected rebound in May buoyed by orders of ships, boats and aircraft, according to figures released Tuesday by the Commerce Department.
OECD Area Inflation Weakens For Third Month
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- Published on Tuesday, 03 July 2012 12:31
- Written by RTT News
Consumer price inflation in the Organization for Economic Cooperation and Development (OECD) area slowed for the third consecutive month in May, latest data showed.
Fed Says 15 of 19 Banks Have Adequate Capital in Stress Scenari
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- Published on Wednesday, 14 March 2012 03:57
- Written by Bloomberg.com
The Federal Reserve said 15 of the 19 largest U.S. banks could maintain adequate capital levels even in a severe recession that assumes they keep paying dividends and buying back stock.
Long Wait For Trend-like Growth?
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- Published on Monday, 02 July 2012 14:36
- Written by RTT News
The EU summit surprised to the upside. Some constructive measures were agreed upon in the meeting that warmed the Street and also set in motion a large-scale exodus into risky bets.
U.S Stock Futures Drop as G20 Snubs Euro-Area Funds Call
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- Published on Monday, 27 February 2012 12:10
- Written by Bloomberg.com
U.S. stock-index futures fell, signaling the Standard & Poor’s 500 Index will snap a two-day rally after the Group of 20 snubbed calls to boost the International Monetary Fund’s resources to fight the euro-area debt crisis.
U.S. Manufacturing Index Unexpectedly Indicates Contraction
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- Published on Monday, 02 July 2012 14:26
- Written by RTT News
Activity in the U.S. manufacturing sector unexpectedly contracted in the month of June, according to a report released by the Institute for Supply Management on Monday, with the index of activity in the sector pointing to a contraction for the first time since July of 2009.
Oil Prices - Emerging Ancillary Threat?
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- Published on Monday, 27 February 2012 11:45
- Written by RTT News
Greek default worries are currently being supplanted by a graver threat that has the potential to upset the global growth apple cart. Oil prices have been climbing sharply and steadily in recent weeks, with the black gold ending last week at a 10-month high. Along with oil, gas prices have also begun skyrocketing, pinching the pockets of consumers, who have showed surprising resilience despite the fragility of the economic recovery.
U.S. Construction Spending Jumps 0.9 Percent In May, Higher Than Expected
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- Published on Monday, 02 July 2012 14:25
- Written by RTT News
U.S construction spending increased by more than expected in May even as revised figures show stronger than initially reported construction spending in April, according to figures released Monday by the Commerce Department.
Treasuries Snap Decline on Concern Greece Respite From Crisis Is Temporary
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- Published on Wednesday, 22 February 2012 07:21
- Written by Bloomberg.com
Treasuries snapped a three-day decline on speculation Europe’s rescue package for Greece won’t solve the region’s debt crisis, keeping alive investor appetite for the relative safety of U.S. securities.
Treasuries Snap Decline Before Manufacturing, Jobs Data
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- Published on Monday, 02 July 2012 07:28
- Written by Bloomberg.com
Treasuries snapped a decline before reports this week that economists said will show manufacturing growth slowed and the U.S. added fewer than 100,000 jobs for a third month.
Strengthening Continues Precluding Stimulatory Props
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- Published on Tuesday, 21 February 2012 12:33
- Written by RTT News
Greece finally managed to secure the Eurogroup approval for the long pending second round of stimulus package, putting to end doubts and apprehensions concerning a disorderly default. The markets, which have been trading up in anticipation of the deal, seem to have taken it up with equanimity and poise rather than showing irrational exuberance. After all, they are very much aware of the face there could be more stumbling blocks before the Mediterranean nation can return back to fiscal health.
Treasuries Erase June Loss As Pimco’s Gross Bets On U.S. Debt
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- Published on Friday, 29 June 2012 02:09
- Written by Bloomberg.com
Treasuries were poised to eke out a monthly gain before a government report today that economists said will show consumer spending failed to grow in May as the biggest part of theU.S. economy struggles.
Morgan Stanley, UBS May Be Cut by Moody’s
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- Published on Thursday, 16 February 2012 19:51
- Written by Bloomberg.com
UBS AG, Credit Suisse Group AG (CSGN) and Morgan Stanley’s credit ratings may be cut by as many as three levels by Moody’s Investors Service, which is reviewing 17 banks and securities firms with global capital markets operations.
U.S. Private Sector Employment Rises In Line With Estimates
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- Published on Wednesday, 04 April 2012 12:36
- Written by RTT News
Employment in the U.S. private sector saw continued growth in the month of March, according to a report released by payroll processor Automatic Data Processing, Inc. (ADP) on Wednesday, with the job growth coming roughly in line with economist estimates.
U.S. Retail Sales Rise Less Than Expected In January
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- Published on Tuesday, 14 February 2012 19:52
- Written by Super User
Retail sales in the U.S. rose by less than expected in the month of January, according to a report released by the Commerce Department on Tuesday, with a drop in auto sales partly offsetting notable increases in sales in other segments.
Company Payrolls in U.S. Expanded by Estimated 209,000 Workers
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- Published on Wednesday, 04 April 2012 12:32
- Written by Bloomberg.com
Companies in the U.S. expanded payrolls in March, showing the labor market is strengthening, according to data from a private report based on payrolls.
OECD Leading Index Improves For Second Month
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- Published on Monday, 13 February 2012 11:50
- Written by RTT News
An indicator of the economic situation in the Organization for Economic Cooperation and Development (OECD) area increased for the second consecutive month in December, driven primarily by the United States and Japan, latest data showed.
U.S. Consumer Sentiment Shows Unexpected Drop In March
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- Published on Friday, 16 March 2012 15:21
- Written by RTT News
Consumer sentiment in the U.S. showed an unexpected decrease in the month of March, according to a report released by Reuters and the University of Michigan on Friday.
Challenges Remain Despite Easing Economic Strains
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- Published on Monday, 13 February 2012 10:19
- Written by RTT News
Although the Greek saga continued to create volatility in the markets last week, the economic recovery at least domestically does not appear bleak. After recovering in fits and starts, there appears to be an across the board, modest and continuing improvement in economic conditions. The job market is a case in point. The weekly jobless claims have remained well below the 400,000 level for weeks now.
Fed's Lacker: Rate Hike Likely To Be Necessary In 2013
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- Published on Friday, 16 March 2012 15:03
- Written by RTT News
The lone dissenter at the past few Federal Reserve meetings explained his stance on Friday, insisting that rates will need to be hiked next year.