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{ Tag Archives } outlook

Oil slips below $74 as U.S. driving season ends (Reuters)

Reuters – U.S. oil prices slipped below $74 per barrel on Monday as the end of the U.S. driving season and high levels of unemployment in the world’s biggest oil consumer raised concerns over the outlook for demand

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Experts see trouble ahead for developed world (AP)

AP – Is the global economy out of the woods?

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Economy edges closer to stalling, government says (AP)

AP – WASHINGTON — The economy turns out to be weaker than we thought, and the outlook for the rest of the year is now looking dimmer.

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BSE Sensex scales 30-mth high, financials climb (Reuters)

Reuters – The BSE Sensex climbed 1.1 percent to its highest in two-and-a-half years on Thursday, supported by the outlook for robust domestic growth and firm global markets.

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With The Recession Over, Where’s The Growth?

Both Bloomberg and MarketWatch are out with new surveys showing economists are lowering their GDP forecasts for next year. That gloomy outlook fits with the latest data on falling exports and productivity: that the economy is slowing down. E-Mail This Add to Del.icio.us See more here: With … See original here: With The Recession Over, Where’s The Growth?

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Bank of Korea leaves interest rate at 2.25 percent (AP)

AP – South Korea’s central bank left its key interest rate unchanged Thursday as the outlook for the global economy dims — a month after raising it from a record low.

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Euro zone economic sentiment rises to 28-month high (Reuters)

Reuters – Euro zone economic sentiment rose strongly in July, buoyed by figures from Germany that point to a recovery as the currency area overcomes the sovereign debt crisis, but the outlook remains uncertain.

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Bank of England chief says stimulus still needed (AP)

AP – The governor of the Bank of England said Wednesday that the need to stimulate the economy still takes precedence over concerns about high inflation at a time when the outlook for the global economy remains uncertain.

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Why You Should Invest in European Stocks (U.S. News & World Report)

U.S.

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Bernanke says Fed to act if U.S. recovery stalls (Reuters)

Reuters – The Federal Reserve stands ready to ease monetary policy further if the budding U.S. economic recovery withers, Fed Chairman Ben Bernanke said on Wednesday, describing the outlook as “unusually uncertain.”

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