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OECD: Need for Policy Stimulus Stronger in US than in Europe

added: 21-03-2008

The backdrop to the current press briefing is one of continued turbulence in financial markets. Pressures have tended to spread to new markets and institutions, reaching beyond the origin of the US sub-prime mortgages and derived products and leading to a generalised wariness and re-pricing of risks. As concerns the real economy, near-term global growth prospects have weakened more than projected in the December 2007 OECD Economic Outlook.

The Conference Board U.S. Leading Index Decreased 0.3 Percent

added: 21-03-2008

The Conference Board announced that the U.S. leading index decreased 0.3 percent, the coincident index remained unchanged and the lagging index increased 0.2 percent in February.

What Next In the USA

added: 20-03-2008

The question has to be asked: what next after the events of the past week? Especially if the US economy doesn't steady, financial markets still shake and confidence is further rattled.

Many Americans May Run Out of Money in Retirement

added: 20-03-2008

A recent retirement survey conducted jointly by InvestmentNews, the leading news source for financial advisers reveals that 63 percent of Americans think about retirement frequently; 46 percent think they will spend approximately 5-9 percent of their retirement savings annually after retirement; and 46 percent say they expect to live past 80.

U.S. Home Fragrance Market Will Propel to $6 Billion by 2012

added: 20-03-2008

The market for home fragrance products in the United States has shifted over the last several years with mass-market air freshener diffusers growing at the expense of other product forms, such as candles, according to The U.S. Market for Home Fragrance Products, a new report from Packaged Facts.

Energy Expert Says $3.28 Gas 'Cheap' Compared With What's Next

added: 20-03-2008

The approaching Easter holiday may be among the last of its kind. Gas prices are touching a national average of $3.28 per gallon, according to AAA and the Oil Price Information Service. Consumers already feel the pinch of rising fuel costs. But oil and energy expert Byron King believes travelers will be begging for current energy prices by this time next year.

The Leading Index for Germany Declined 1.1 Percent

added: 20-03-2008

The Conference Board announced that the leading index for Germany declined 1.1 percent and the coincident index increased 0.4 percent in January.

EU Misses Another Chance to Act on Climate Change

added: 20-03-2008

European heads of governments called for an agreement on Europe's energy package by the end of 2008 - a move welcomed by the green campaign group which says it is crucial for the legislation to be adopted before the UN climate negotiations in 2009.

Global Foreign Exchange Trading Growth Trends Driven by Electronic Trading, Risk Concerns and Cost Control

added: 20-03-2008

CME Group released results from a global study that reveals market participants' growing focus on electronic trading, risk management and cost control is driving the record growth in global foreign exchange (FX) markets. The Global FX Market Study provides fresh insights into several trends that are reshaping the $3.2 trillion a day global FX market.

Construction Output in the EU27 and the Euro Area in January 2008

added: 19-03-2008

In the construction sector, seasonally adjusted production grew by 1.6% in the euro area (EA15) and by 0.6% in the EU27 in January 2008, compared with the previous month. In December 2007, production decreased by 0.2% in the euro area and by 0.1% in the EU27.

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