Economic News



May 16, 2012

Housing starts, oil supplies, Fed on tap

Today’s economic calendar features a wide array of data, including mortgage applications, housing starts, oil inventories, and the Federal Reserve’s meeting minutes.The day begins with MBA mortgage-purchase …

Categories: Economic News 

Senate leaders move toward vote on Fed nominees

President Barack Obama’s two stalled nominees for the Federal Reserve are likely to clear a Senate procedural hurdle on Thursday, paving the way for anticipated confirmation, the chamber’s leaders said …

Categories: Economic News 

May 15, 2012

Senate leaders move toward vote on Fed nominees

President Barack Obama’s two stalled nominees for the Federal Reserve are likely to clear a Senate procedural hurdle on Thursday, paving the way for anticipated confirmation, the chamber’s leaders said …

Categories: Economic News 

Instant View: German prelim first-quarter GDP unexpectedly strong

German gross domestic product grew a surprise 0.5 percent in the first quarter in seasonally adjusted terms – well ahead of a consensus forecast, as exports helped the economy bounce back from contraction …

Categories: Economic News 

Instant View: German prelim first-quarter GDP unexpectedly strong

German gross domestic product grew a surprise 0.5 percent in the first quarter in seasonally adjusted terms – well ahead of a consensus forecast, as exports helped the economy bounce back from contraction …

Categories: Economic News 

Euro Unmoved by Mixed German ZEW Survey, Weak EZ GDP Data

Euro Unmoved by Mixed German ZEW Survey, Weak EZ GDP Data

Categories: Economic News 

Analysis: Fed regulators in hot seat over JPMorgan loss

JPMorgan’s $2 billion-plus trading loss raises serious questions about whether the New York Federal Reserve and other regulators were asleep at the wheel or whether it is asking too much of them to keep …

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Euro Finds Bids on Strong German Q1 GDP Report

Euro Finds Bids on Strong German Q1 GDP Report

Categories: Economic News 

Slight Recovery in Risk FX ahead of US Open

Risk FX was mildly firmer in overnight European trade today boosted by better than expected GDP data from Germany although investor sentiment in the region deteriorated. German Q1 GDP surprised to the …

Categories: Economic News 

May 14, 2012

Fed examining other risks being taken by JPMorgan

The Federal Reserve is examining whether JPMorgan Chase & Co is taking risks elsewhere in the bank similar to the botched trading strategy that could cost the bank more than $2 billion, a Fed spokeswoman …

Categories: Economic News