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unemployment rate

Pace of hiring picking up

Dun and Bradstreet’s national business expectations survey shows employment expectations for the June quarter have jumped to 5 index points, up from a flat reading for March. The June quarter result, 31 percentage points higher than a year ago, is the strongest rebound in the 22-year history of

European Investor Concerns Grow As Budget Troubles Continue

Fundamental Headlines • Fed to Bare Tightening Plan – Wall Street Journal • G-7 Leaders Split on Finance Regulation – Wall Street Journal • Traders cautious as contagion fears linger - Financial Times • Weak Dollar Illusory as Correlated Trading Shows Gains Since Bretton

EUR/USD Rebounds on Short Covering

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Top Stories Jaoanese data shows slow improvement Asia lower as week starts OIl at $71.50/bbl Gold bounces over $1066/oz. Overnight Eco JPY Bank Lending -1.5% vs. -1.0% JPY Current Account 1.10T vs. 1.27T JPY M2 Money Stock 2.9% vs. 3.0% CHF Unemployment Rate
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US Dollar, Japanese Yen May Extend Gains as G7 Disappoints on Greece Bailout

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Key Overnight Developments • Japan’s Merchant Sentiment, Export Gains Fall on Deaf Ears • Euro, British Pound Decline as Safety Demand Boosts Dollar Critical Levels The Euro and the British Pound traded lower, slipping as much 0.3% and 0.4% respectively as
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No Job Growth for Small Business Spurs Recovery Doubt (Update1)

By Michael McKee Companies with fewer than 500 employees, such as Phoenix Technologies Ltd . and Sonic Corp. , helped lead the economy out of the four recessions since 1980. This time, they continue to cut capital spending and dismiss workers, eliminating 3,000 jobs in January,

No Job Growth for Small Business Spurs Recovery Doubt (Update1)

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Companies with fewer than 500 employees, such as Phoenix Technologies Ltd . and Sonic Corp. , helped lead the economy out of the four recessions since 1980. This time, they continue to cut capital spending and dismiss workers, eliminating 3,000 jobs in January, according to Roseland, New
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No Job Growth for Small Business Spurs Recovery Doubt (Update1) - Bloomberg.com

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Companies with fewer than 500 employees, such as Phoenix Technologies Ltd . and Sonic Corp. , helped lead the economy out of the four recessions since 1980. This time, they continue to cut capital spending and dismiss workers, eliminating 3,000 jobs in January, according to Roseland, New
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Bollard Says N.Z. Economy Fragile, Not Deteriorating (Update2) - Bloomberg.com

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Feb. 8 (Bloomberg) -- New Zealand’s soaring unemployment rate is confirmation the economy is fragile and not that it is in worse shape than expected, according to Reserve Bank Governor Alan Bollard . “Domestically it’s still fragile,” Bollard told Television New Zealand’s
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Aussie dollar higher at noon

AAP At 1200 AEDT, the Australian dollar was trading at $US0.8679/83, up 0.13 per cent from Friday's close of $US0.8668/72. Since 0700 AEDT, the local unit has traded between $US0.8651 and $US0.8724. Commonwealth Bank senior currency strategist, Joseph Capurso, said movements on currency

Australian dollar follows shares higher at noon

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At 12:00 (AEDT), the dollar was trading at $US0.8679/83, up 0.13 per cent from Friday's close of $US0.8668/72. Since 07:00 AEDT, the local unit has traded between $US0.8651 and $US0.8724. Commonwealth Bank senior currency strategist, Joseph Capurso, said movements on currency markets
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