[at MarketWatch] – The financial sector gives up some of its session gains after the release of the minutes of the latest Federal Reserve policy meeting highlight internal debate on the economic outlook.
Monthly archives for August, 2010
FOMC Minutes Dovish; Bond Market Firm
[at TheStreet.com] – FOMC minutes from August 10 meeting held no surprises, as Bernanke had already tipped the more dovish stance at his Jackson Hole speech last week. U.S. bond market remains firm.
Fed minutes fuel recovery fears
[at Financial Times] – Tuesday 19:40 BST. Global shares are falling after the Federal Reserve raised concerns that it may have ruled out large-scale asset purchases
Financial Stocks: Financials rise after data as Fed minutes on tap
[at MarketWatch] – Financial stocks are higher Tuesday morning after reports show improvement in U.S. home prices and consumer confidence as investors awaited the release of the minutes of the Federal Reserve s meeting in July.
Economic Report: August consumer confidence rises to 53.5
[at MarketWatch] – Confidence among consumers rose to 53.5 in August due to an improvement in their short-term outlook, but overall, consumers remain apprehensive, the Conference Board reports.
UPDATE – Canadian economy slows sharply in second quarter
[at Reuters] – * Second-quarter GDP grows 2.0 percent at annual rate * June GDP expands 0.2 percent on manufacturing * Data heightens doubts about Bank of Canada rate decision
Euro-zone Aug. annual CPI up 1.6% vs. 1.7% July
[at MarketWatch] – Consumer prices in the 16-nation euro zone rose 1.6% in August compared to the same month last year, the European Union statistics agency Eurostat reported Tuesday. CPI grew at an annual rate of 1.7% in July.
Brett Arends ROI: Don t get fooled by Ben Bernanke
[at MarketWatch] – When are investors going to stop getting suckered by Ben Bernanke?
Osborne plans 25% Treasury staff cuts
[at Financial Times] – George Osborne is planning to cut staff numbers at the Treasury by about one-quarter and scale back his department s role as he attempts to lead by example in the search for sweeping spending cuts across Whitehall.
Don t get fooled by Ben Bernanke
[at MarketWatch] – When are investors going to stop getting suckered by Ben Bernanke?