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NZ consumers dour about spending: survey

NZPA New Zealand consumers are pretty negative about their current economic circumstances, but at least feel more positive than their counterparts in the United States, according to a survey. The UMR Consumer Confidence index sits at minus 18 per cent, indicating that New Zealanders
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Lloyds Loss Misses Estimates as HBOS Takeover Raises Bad Loans - Bloomberg.com

Feb. 26 (Bloomberg) -- Lloyds Banking Group Plc , Britain’s biggest mortgage lender, posted a wider-than-expected full-year loss as loan losses rose “significantly” in 2009 on the bank’s takeover of HBOS Plc . Bad loan losses were “significantly higher” a
t 24 billion
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Lloyds Loss Misses Estimates; Loan Impairments Climb (Update2) - Bloomberg.com

Feb. 26 (Bloomberg) -- Lloyds Banking Group Plc , Britain’s biggest mortgage lender, posted a full-year loss that missed analyst estimates and said loan impairments rose in 2009. Total impairments were “significantly higher” at 24 billion pounds, the lender said today
. They
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Upbeat sentiment points to rate rise

AAP An interest rate rise in February is looking more likely as consumers shrug off recent rate increases. The news comes as Prime Minister Kevin Rudd warns voters to expect spending cuts as the labour market continues to mend. But Australians appear to be unperturbed about rate
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German Consumer Confidence Falls for Third Month on Job Fears - Bloomberg.com

Dec. 22 (Bloomberg) -- German consumer confidence declined for a third month as households grew more concerned about rising energy costs and job cuts, market-research company GfK AG said. Crude oil prices have surged 85 percent over the past year, undermining confidence just as the economy...
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Forex: EUR/USD: Euro eases from 1.5000 as Zew expectations index declines

The ZEW economic expectations Index has dropped to 51.1 in November from 56.0 in October, althpough the current economic conditions index has increased to -65.6 in November from -72.2 in October. The Euro has eased from 1.5000 to levels around 1.4975 immediately after ZEW figures were...
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German Consumer Confidence Falls for First Time in 14 Months

By Cornelius Rahn GfK AG’s sentiment index for November, based on a survey of about 2,000 people, fell to 4 from a revised 4.2 in October, the Nuremberg-based market-research company said in a statement today. That’s the first decline since September 2008. Economists had forecast an

Asian Currencies Climb on Fund Inflows, Global Dollar Weakness

Asian currencies rose, led by the Taiwan dollar and Malaysia’s ringgit, as reports signaled the outlook for regional exports and inflows of foreign exchange is improving.