January 31st, 2010
Since that time we sing the virtues of savings, Canadians seem to have collectively decided to take action. Then in 2007 they spared only 2.5% of their disposable income, they save twice today. And it will continue to increase. The savings rate hit 7% of disposable income at the end of 2009, according to forecasts of service Desjardins Economic Studies.
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Tags: Bank of Canada, budget deficits, Canadian economy, consumer, economic recovery, Finance Minister, recession, savings accounts, stock market, tax cuts
January 24th, 2010
The U.S. stock markets have their year highs today, Tuesday, and are not held in the late stock market slipped into the red during extremely thin. Stockbrokers referred mainly to the stronger U.S. dollar, which had the commodity and oil prices and brought with it the corresponding shares under pressure. The better-than-expected U.S. economic data have reinforced the optimism of an economic recovery in the U.S. while, but also propelled the dollar again. This trade would continue between the years remained very thin, which strengthens some price movement. However, there was a certain apathy in the stock market and prices moved only slightly. Nobody still count on some dynamic, meaningful activity this week. (more...)
Tags: economic recovery, market and prices, stock markets., U.S. stock
January 14th, 2010
The disappointing jobs data, 10% is the unemployment rate for the month of December in the U.S. has had a clear effect Monday in the forex market on the dollar.
Nationally unemployment is undoubtedly the biggest concern for Obama, and the cause of the slow U.S. economic recovery. And all accompanied by the report on estimates of a major credit agencies, Moody’s, which does not consider that the U.S. economy tends to better in a relevant way this 2010. Read the rest of this entry »
Tags: economic recovery, euro is traded, forex market