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Industrial Production Down by 1.9% in Euro Area

added: 14-07-2008

In May 2008 compared with April 2008, seasonally adjusted industrial production fell by 1.9% in the euro area (EA15) and by 1.4% in the EU27. In April production grew by 1.0% and 0.3% respectively. In May 2008 compared with May 2007, industrial production decreased by 0.6% in the euro area and by 0.5% in the EU27.

World Stock Market: Three Financial Groups In Trouble

added: 14-07-2008

The impact of the credit crunch saw two banks and a financial and industrial group fail on Friday in three different countries in the most damaging day so far since the crisis started last August.

Deloitte Consumer Spending Index Falls Due to House Prices, Labor Market

added: 14-07-2008

The Deloitte Research Leading Index of Consumer Spending fell in July, continuing the decline the Index has experienced since October 2007. The Index attempts to track consumer cash flow as an indicator of future consumer spending.

U.S. Import and Export Price Indexes in June 2008

added: 14-07-2008

The U.S. Import Price Index rose 2.6 percent in June, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The increase followed a 2.6 percent advance in May and was led by a continuing rise in petroleum prices. The price index for exports increased 1.0 percent in June after rising 0.4 percent in May.

Global Media Market to Hit $5.7 Trillion in 2024

added: 14-07-2008

The global media and entertainment market will reach $5.7 trillion, from its current size of $1.7 trillion, according to media futurists Future Exploration Network in their Future of Media Report 2008. This is almost four times its current size, in sixteen years.

US Stock Market: Oil Price Up $3.49 to $114.96

added: 14-07-2008

The market is down 16. Financials down 0.8% - not bad considering the sharp fall in the financial sector in the US on concerns about the future of Fannie Mae and Freddie Macquarie Group, the biggest mortgage providers. Resources up 0.1%. Property down 2.3%.

Asian Economic Integration is Good for US and Global Economy

added: 12-07-2008

Increasing integration among Asian economies offers a new platform to promote growth, strengthen trade links, and reduce poverty. This is good not only for Asia, but also for the US and the rest of the world, according to a new Asian Development Bank (ADB) study.

US Stock Market: Financials In A Hole With Concerns About Fannie Mae and Freddie Mac

added: 11-07-2008

The market is up 15. Financials struggling - down 2.2% - after their international counterparts struggled on Wall street overnight. Resources on the other hand are outperforming, up 2.6%. Property down 2.4%. We should be doing a lot better considering the SFE Futures suggested a 39 point rise in the market this morning.

NYSE Group Inc. Issues Short Interest Report

added: 11-07-2008

The NYSE Group, Inc. today reported short interest as of the close of business on the settlement date of June 30, 2008. Based on information received from members and member organizations, short interest increased to 18,125,425,324 from 17,654,028,383 shares on June 13, 2008.

Foreclosure Activity Decreases 3 Percent in June

added: 11-07-2008

RealtyTrac(R) today released its June 2008 U.S. Foreclosure Market Report(TM), which shows foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 252,363 U.S. properties during the month, a 3 percent decrease from the previous month but still a 53 percent increase from June 2007.

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