BoE Votes Unanimously On Rate Reduction
October 23, 2008 3:40 pm by Yan PettersOn a concern that England's economy is probably entering into recession, all nine Monetary Policy Committee members of the Bank of England (BOE) voted this month for an emergency cut in interest rates.
September 2008 U.S. Unemployment Claims
October 22, 2008 1:49 pm by Natalie R.U.S. Unemployment Claims, also known as Jobless Claims, is a survey used to measure the number of individuals who filed for unemployment insurance for the first time during the past week within the United States of America.
The Sub-Prime Crisis – Then and Now
October 20, 2008 2:52 pm by Yan PettersTraders that want to learn about the current sub-prime crisis, and more importantly about its affects on global economy, should make a journey to the past, to late 19th century, when similar behavior was observed.
Depression on our Doorstep?
October 20, 2008 2:50 pm by Russell GlaserBank failures, plummeting stock prices, locked up credit. All reports flowing from the media point to the U.S. economy slipping into a depression.
What is the Preliminary UoM Consumer Sentiment Report?
October 17, 2008 11:27 am by Natalie R.The Preliminary UoM Consumer Sentiment Indicator is a survey of consumer confidence conducted by the University of Michigan. This is a telephone survey which gathers information on consumer expectations regarding the overall economy.
What is the Beige Book?
October 16, 2008 12:05 pm by Greg HoldenThis report is more formally known as the "Summary of Commentary on Current Economic Conditions." It is a summary of anecdotal data compiled through surveys and interviews conducted by the 12 branches of the Federal Reserve Bank in each of ...
September 2008 U.S. Non-Farm Employment Change
October 2, 2008 11:53 am by Yan PettersWhat is the "Non-Farm Employment Change?" The U.S. Non-Farm Employment Change, also known as "Non-Farm Payrolls" (NFP) and the "Employment Report," is a monthly economic indicator used to measure the change in the number of employed people, excluding the farming industry.