Yen expected to Remain Weak against 100 Per Dollar
Submitted by Faarooq Mehmood on Sat, 05/11/2013 - 11:28
As per recent reports, Japan's currency Yen has touched 101.98 in comparison to the dollar. It is considered to be the weakest number since October 2008.
In addition, it has been revealed that the Yen has declined by 2.7% against the dollar amounting to 101.62. If to talk about the Yen against euro, it has been found that Yen has declined by 1.7% amounting to 132 per euro.
Variation in Gas Prices Affects Motorists
Submitted by Saurav Ghosh on Sat, 04/13/2013 - 12:55
A drive around the city this week offered a range of about eight cents on the cost of a gallon of gasoline to the discerning motorist depending upon where the driver decided to pull in.
And even if the motorist checked the price of gasoline elsewhere in Rhode Island, the price increased to 45 cents roughly.
Private Employers Added 158,000 Jobs in March; Lower than Expected
Submitted by Sukhbir Dhillon on Wed, 04/03/2013 - 14:08
Private Sector Employers added 158,000 jobs in March as per ADP report. Market analysts were expecting better figures and the gain in March has been the lowest in last five months.
Consumers are Back in Investment Mode After Recession Period
Submitted by Isha Sondhi on Fri, 03/08/2013 - 14:11
As per a new data assimilated by the US government, the consumers are reversing the course of saving and hoarding money due to recession period and are again becoming comfortable in borrowing, with which development is expected to get fueled by more spending.
Banks Capable of Surviving Crashes and Recession, Stress Tests
Submitted by Tejinder Mangat on Fri, 03/08/2013 - 14:09
Results of the stress tests conducted by the Federal Reserve were released this Thursday and it was found that most of the large banks in the country will able to survive the crashes and recession in markets.
Despite Low Expectations, Chinese Exports Up by 21.8% in February
Submitted by Sukhbir Dhillon on Fri, 03/08/2013 - 14:08
Against the expectations of the analysts, the Chinese exports increased by 21.8% in February. The analysts had estimated that the exports will be plummeting after the Lunar New Year period.
China Recuperates in Terms of Trade
Submitted by Tejinder Mangat on Fri, 02/08/2013 - 13:59
The first hard data released in China has uncovered that the nation has made a recovery in demand, whether domestic or overseas.
It has been found that the imports as well as exports of the nation have increased. Also, new lending has experienced an augment in the month of January. But, it is being said that the data is concerning as well since the same is a hint that inflationary pressures are on rise.
