thenews
thenews
Friends

Add friends via their profile or user search and you will be able to see if they are online

thenews
Added topic ECB seen holding rates as it waits for signs of euro zone recovery
The European Central Bank is expected to keep its main interest rate at a record low 0.5 percent on Thursday but tweaks to its economic forecasts may give investors a steer on the future direction of policy. The euro zone's central bank cut its main
thenews
Added topic ECB holds rates as euro zone economy lags
The European Central Bank kept its main interest rate on hold at a record low 0.5% today as it waits to see whether early signs of stabilisation in the euro zone will blossom into an economic recovery. Economic data improved in May and ECB President
thenews
Added topic Dollar plunges in broad selloff, stocks fall
The dollar slumped against the euro and yen and stocks fell on Thursday as investors turned defensive ahead of growing worry that Friday's U.S. jobs report will disappoint. Wall Street slipped, extending losses after a 1.9 percent drop in the
thenews
Added topic U.S. Payroll to Population and Unemployment Worsen in May
The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, worsened in May, dropping to 43.9%, from 44.5% in April. P2P is also down from May 2012, when it was 44.4% Year-over-year comparisons are helpful in determining the degree
thenews
Added topic AHEAD OF HUGE JOBS REPORT: Here's What You Need To Know
After falling to lows around noon, markets made a huge turnaround in anticipation of tomorrow's big jobs report. First the scoreboard: Dow: 15,040.39, +79.80 pts, +0.53% S&P 500: 1,622.46, +13.57 pts, +0.84% NASDAQ: 3,424.05, +22.58 pts, +0.66% And
thenews
Added topic Japan Officially Enters A Bear Market
In basically just over 2 weeks, Japan has gone from the hottest market in the world to a bear market. With today's early dive, the Nikkei is now 20% off its highs, which is the technical definition of a bear. read more
thenews
Added topic Payrolls in U.S. Rose 175,000 in May, Unemployment 7.6%
Employment increased more than forecast in May and the jobless rate climbed from a four-year low as more Americans entered the labor force, showing the world’s largest economy weathered the effects of higher taxes and federal budget cuts. Payrolls
thenews
Added topic Here Is Today's 482 Millisecond NFP Leak, The Subsequent Gold Slam And Trading Halts
On Monday we brought to you proof of a 15 millisecond frontrunning of the Mfg ISM number by what turned out to be HFT clients of Reuters which admitted subsequently it had "inadvertently" leaked the number to select clients. However, that was child's
thenews
Added topic The Week That Was: June 3rd - 7th 2013
Succinctly summarizing the positive and negative news, data, and market events of the week... Positives U.S. trade deficit comes in slightly better than expected, still hits $40.3bn May non-mfg ISM comes in at expectations (as orders slow and
thenews
Added topic Don’t Dismiss the Possibility of Gold Confiscation
If you hold precious metals in your portfolio, there is a good chance you fear hyperinflation and the crash of fiat currencies. You probably distrust governments in general and believe they are self-serving and have no interest in your economic
thenews
Added topic Economists In China Are Asking A Disturbing Question: Where Has All The Money Gone?
Chinese credit growth has outpaced GDP growth for some time. Some have argued that this is the main bear argument on China right now. Many are asking why this is the case? Where all the money's gone? And is China facing it's own Minsky moment — a
thenews
Added topic Are central bankers losing control?
The last couple of weeks have been very interesting. Remember that, certain regional differences aside, Japan has, for the past two-plus decades, been the global trendsetter in terms of macroeconomic deterioration and monetary policy. It was the
thenews
Added topic German central bank cuts growth forecasts for 2013 and 2014
Germany's central bank has cut its growth forecast for the country, but says the outlook for the economy has "become brighter". The Bundesbank expects the economy to grow by 0.3% this year, down from an earlier forecast of 0.4%. In 2014, it expects
thenews
Added topic Richard Koo: "Honeymoon For Abenomics Is Over"
As we noted just two weeks ago - before the hope-and-change-driven exuberance in Japanese equities came crashing down - "those who believe in Abenomics are suffering from amnesia," and Nomura's Richard Koo clarifies just who is responsible for the
thenews
Added topic Japan's Abe Announces A Plan For A Big Tax Cut
Japanese Prime Minister Shinzo Abe said on Sunday the government would decide on tax cuts in autumn to encourage companies to boost capital expenditure as part of sweeping reforms to revive the economy from nearly two decades of stagnation. The
thenews
Added topic MAULDIN: I'm So Sure Japan Is Screwed That I'm Converting My Mortgage Into Yen
As kids, not knowing that we were being politically incorrect on so many levels, we would shout “Geronimo!” when we were playing war or getting ready to do something reckless. (For those not familiar, Geronimo was a rather fearsome Apache chief who
thenews
Added topic 18 Signs That Massive Economic Problems Are Erupting All Over The Planet
This is no time to be complacent. Massive economic problems are erupting all over the globe, but most people seem to believe that everything is going to be just fine. In fact, a whole bunch of recent polls and surveys show that the American people
thenews
Added topic Ahead of the Bell: US trade gap
The U.S. trade deficit likely widened slightly in April because of increased imports and scant growth in exports. The weakness in exports could hold back U.S. economic growth. Economists are forecasting that the deficit rose to $41 billion in April
thenews
Added topic Gold Prices Are Down After The World's Largest Gold Market Keeps Limit On Imports
Gold is down 1% to $1,397 an ounce. The sell-off is possibly being driven by news of the Reserve Bank of India's decision to curb gold imports by banks. Gold imports would be restricted to "the genuine needs of the exporters of gold jewelery." Gold
thenews
Added topic This Is What The IRS Spends Your Money On
Moments ago, the Treasury inspector general for tax administration, the same source as the crushing report exposing the IRS persecution of conservative groups, released a report highlighting the spending and "questionable expensing" by IRS staff who