China’s trade surplus with the rest of the world grew more than expected in June, according to numbers released Saturday.
The Chinese government said its trade surplus was $20.02 billion in June, higher the expected amount of $14.6 billion. The surplus was larger than May’s $19.5 billion, which itself was the result of high growth in [...]
Posts Tagged ‘Dow Jones Industrial’
China reports surprising trade surplus jump
July 10th, 2010 by HardMoney Writer
Tags: central bank, chief economist, china economy, Dow Jones Industrial, economic growth, Financial Markets, global economic, hard money lenders, Hard Money Loans, investments, wall street
more...Fed’s Lacker: Economy Is Recovering Despite Weak Data
July 9th, 2010 by HardMoney Writer
The recent spate of weaker economic data doesn’t mean the U.S. recovery is faltering, and the Federal Reserve continues to get closer to the time when it will need to raise interest rates, a top central bank official said Thursday.
“The economy is still growing,” Federal Reserve Bank of Richmond President Jeffrey Lacker told Dow Jones [...]
Tags: central bank, chief economist, Dow Jones Industrial, economic recovery, European economy, Federal Reserve, interest rates, mortgages, subprime mortgage, unemployment rate, US Economy
US Stocks Rise Slightly, Led By Financials, Energy; DJIA Up 19
July 7th, 2010 by HardMoney Writer
U.S. stocks rose slightly Wednesday as the financial sector rallied on a rosy forecast from State Street Corp. and an increase in crude lifted energy stocks, but the gains were small as disappointing manufacturing data out of Germany weighed.
The Dow Jones Industrial Average rose 19 points, or 0.2%, to 9763, in early trading. The measure’s [...]
Tags: bank of america, Dow Jones Industrial, economic growth, eurozone economy, financial sector, JPMorgan, money, stock market, us manufacturing, wall street
U.S. Stocks Are Steady in Early Trading
June 18th, 2010 by HardMoney Writer
Markets on Wall Street opened little changed Friday, with consumer staples and industrial shares providing support, but the market was expected to seesaw with the expiration of futures and options contracts.
In early trading the Dow Jones industrial average was flat, at 10,435.30 points. The Standard & Poor’s 500-stock index lost 0.04 percent, at 1,115.64 points, [...]
Tags: chief economist, Dow Jones Industrial, European economy, eurozone economy, financial market, Financial Markets, hard money news, interest rates, money, stock market, wall street
Euro hits multi-year low, recovers on short covering
June 7th, 2010 by HardMoney Writer
The euro fell below $1.19 for the first time in more than four years on Monday but recovered most losses as U.S. stocks rose slightly and strong German manufacturing data pushed investors to buy back the currency.
European corporate demand helped lift the euro after it touched $1.1876, its weakest level since March 2006. But it [...]
Tags: debt crisis, Dow Jones Industrial, economic recovery, European Central Bank, european union, eurozone economy, financial, financial crisis, hard money, stock market
U.S. Stocks Open Lower on Concerns Over Europe
June 1st, 2010 by HardMoney Writer
Stocks turned higher in the United States as new data on factory use and construction spending offset concern about the European economy.
The euro was slightly higher after having fallen earlier to its lowest level in four years; bond prices rose early as investors sought the security of fixed income but pared gains as equities recovered; [...]
Tags: Dow Jones Industrial, European economy, financial, financial market, global economic, IMF, stock market, unemployment rate
WORLD FOREX: Euro Recovers In Calmer Trading Environment
May 18th, 2010 by HardMoney Writer
TORONTO (Dow Jones)–The euro is higher Tuesday morning as market players trim their negative bets against the common currency in the absence of new developments in the euro-zone sovereign debt crisis.
But the pause in pressure to sell the euro and the bigger appetite for risk aren’t expected to last. Many analysts are calling for the [...]
Tags: businesses, debt crisis, Dow Jones Industrial, economic recovery, economy, euro zone, financial, financial market, investors, macro economy, money
US Stocks Wobble As Earnings Boost Market; Worries Persist
May 17th, 2010 by HardMoney Writer
U.S. stocks wobbled between small gains and losses at the open Monday after earnings from Lowe’s and General Motors encouraged investors but worries persisted over the stability of the euro zone.
The Dow Jones Industrial Average gained 33 points, or 0.3%, to 10653 in early trading. American Express rose 1.6% after joining with U.K. private equity [...]
Tags: Dow Jones Industrial, economic recovery, economy, financial, financial market, global recovery, investors, money, stocks, US Economy, wall street
Euro-zone troubles may keep stocks on edge
May 15th, 2010 by HardMoney Writer
Stocks could face more volatility next week as growing doubts about whether Europe can solve its deepening debt crisis are likely to take center stage again.
A $1 trillion rescue package unveiled at the week’s start gave only temporary relief to investors, who are increasingly worried about the impact of the crisis on the global recovery [...]
Tags: Commodities, debt crisis, Dow Jones Industrial, economy, financial, financial market, global recovery, stock market, stocks, US Economy, wall street
Investors Continue to Flock to Treasurys
May 6th, 2010 by HardMoney Writer
NEW YORK—Treasury prices rose again as the government bond market continued to benefit from concerns about euro-zone debt.
Treasurys have gained from worries about Greece, Spain and Portugal the last few days, sending yields, which move inversely to prices, to levels last seen in December. Investors remained on edge as riots continued in Athens, raising fears [...]
Tags: Dow Jones Industrial, economic recovery, economy, euro zone, European Central Bank, financial, financial market, global recovery, hard money, interest rates, investors, US Economy
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