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Inventories at U.S. Wholesalers Unexpectedly Fall (Update1)

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The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in November that was the largest since July 2004, figures from the Commerce Department showed today in Washington. Sales climbed 0.8 percent. A record inventory drawdown last year has opened the door for
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Inventories at U.S. Wholesalers Unexpectedly Fall (Update1) - Bloomberg.com

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The 0.8 percent decrease in stockpiles followed a revised 1.6 percent gain in November that was the largest since July 2004, figures from the Commerce Department showed today in Washington. Sales climbed 0.8 percent. A record inventory drawdown last year has opened the door for
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Indian economy recovers with 7.2% growth

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AFP India's economy should expand by 7.2 per cent this fiscal year, the government forecast on Monday, as growth heads back to the robust levels seen before the global financial crisis. The projection for the 12 months ending March 2010 was contained in an estimate by the statistics
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Yellen Says Flexible Yuan Could Reduce China Inflation Concerns

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By Vivien Lou Chen “The crisis has vividly demonstrated to the Chinese one of the downsides of pursuing an export-oriented growth strategy, namely increased vulnerability to adverse foreign shocks,” Yellen said in a paper released today that was adapted from a report on a Nov. 15-21
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India sees 7.2% growth as economy recovers

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The projection for the 12 months ending March 2010 was contained in an estimate by the statistics office for use in drafting next year's budget to be presented at the end of February. The economy "has clearly turned," said chief government economic advisor Kaushik Basu while finance Secretary
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India sees 7.2% growth as economy recovers

India's economy should expand by 7.2 per cent this fiscal year, the government forecast on Monday, as growth heads back to the robust levels seen before the global financial crisis. The projection for the 12 months ending March 2010 was contained in an estimate by the statistics office

Parts of banking sector still nervous

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AAP Parts of the banking sector are still nervous despite the passing of the worst of the global financial crisis, chairman of the Bendigo and Adelaide Bank Ltd Rob Johanson says. Mr Johanson told the ABC's Inside Business program that the world was not "out of the woods" yet. "I
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EUR/USD: Trading the Sentix Investor Confidence Survey

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Trading the News: Euro-Zone Sentix Investor Confidence Survey What’s Expected Time of release:        02/08/2010 09:30 GMT, 04:30 EST Primary Pair Impact :    EURUSD Previous:         -3.7 Impact the Sentix confidence survey had on EURUSD through the last 2
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Mexico GDP May Grow More Than 3% in 2010, Werner Says (Update1)

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Feb. 5 (Bloomberg) -- Mexico’s gross domestic product may rise more in 2010 than the government’s forecast of 3 percent, Deputy Finance Minister Alejandro Werner said in an interview with Bloomberg Television today. “We’re waiting for incoming data to see what we do with our
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The correction we had to have

But since September, the earnings outlook for companies around the world has generally improved: this market correction is, in other words, one driven largely by a deterioration in sentiment, not a change in fundamentals. The sovereign debt concerns that triggered it were predictable from the

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