Eco Analysis - Canada GDP: Energy sector lifts August growth (R. Narvas)
■ Better than expected
Economic activity in August surprised to the upside rising 0.3%m/m and there was an added bonus with the previous month revised one tick higher to 0.4% m/m. GDP Y/Y rose to 2.4% from 2.3%.
Monday, October 31, 2011
Bloomberg: Gross Says Additional Easing Programs to Push Yields Higher
Gross Says Additional Easing Programs to Push Yields Higher
By Liz Capo McCormick - 2011.10.31 06:28 AM
Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co., said the additional easing programs hinted at by Federal Reserve officials will push yields on longer-term Treasuries higher.
By Liz Capo McCormick - 2011.10.31 06:28 AM
Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co., said the additional easing programs hinted at by Federal Reserve officials will push yields on longer-term Treasuries higher.
CNNMoney: Home prices heading for triple-dip
Home prices heading for triple-dip
By Les Christie October 31, 2011: 5:37 AM ET
NEW YORK (CNNMoney) -- The besieged housing market has even further to fall before home prices really hit rock bottom.
By Les Christie October 31, 2011: 5:37 AM ET
NEW YORK (CNNMoney) -- The besieged housing market has even further to fall before home prices really hit rock bottom.
Sunday, October 30, 2011
USA Today: 'Lost Decades' explains what damaged the U.S. economy
'Lost Decades' explains what damaged the U.S. economy
By Jon Rosen, Special for USA TODAY
Though the panic of collapsing markets is now behind us, Americans are experiencing a weak, painful recovery compounded by mounting public and private debt.
By Jon Rosen, Special for USA TODAY
Though the panic of collapsing markets is now behind us, Americans are experiencing a weak, painful recovery compounded by mounting public and private debt.
USA Today: Why zombies are taking over the economy
Why zombies are taking over the economy
Have you noticed that there's a slow, shuffling feeling of dread and impending doom in this economy?
Have you noticed that there's a slow, shuffling feeling of dread and impending doom in this economy?
Friday, October 28, 2011
Office Market Frankfurt - Q3 2011
Office Market Frankfurt - Q3 2011
At 316,300 sq m, the Frankfurt office space take-up in the first three quarters was 13% lower than in the previous year. Compared to the previous year, when the space take-up volume was strongly influenced by the owner-occupied take-up by the European Central Bank, this result can be seen as robust.Without the ECB take-up, the growth in take-up would in fact have been at a satisfactory 22%. The vacancy rate rose slightly compared to the previous quarter by 0.2% points to its current level of 17.3%. With 12,700 sq m office space having been completed in the third quarter, the volume of new completions is at its lowest level for three years. The achievable prime rent remained stable at €38.00/sq m/month.
Author(s): several
Source: CB Richard Ellis
Published: 27.10.2011
http://www.immopro24.com/market-report/office-market-frankfurt-q3-2011_1080.html
At 316,300 sq m, the Frankfurt office space take-up in the first three quarters was 13% lower than in the previous year. Compared to the previous year, when the space take-up volume was strongly influenced by the owner-occupied take-up by the European Central Bank, this result can be seen as robust.Without the ECB take-up, the growth in take-up would in fact have been at a satisfactory 22%. The vacancy rate rose slightly compared to the previous quarter by 0.2% points to its current level of 17.3%. With 12,700 sq m office space having been completed in the third quarter, the volume of new completions is at its lowest level for three years. The achievable prime rent remained stable at €38.00/sq m/month.
Author(s): several
Source: CB Richard Ellis
Published: 27.10.2011
http://www.immopro24.com/market-report/office-market-frankfurt-q3-2011_1080.html
Thursday, October 27, 2011
USA Today: Five ways the European debt crisis could affect the U.S.
Five ways the European debt crisis could affect the U.S.
By Richard Wolf, USA TODAY
WASHINGTON – The financial crisis that began in the United States in late 2007 swept across the Atlantic Ocean to Europe. Now, U.S. political and financial leaders are hoping a tentative deal to relieve Europe's government debt crisis will prevent a similar tsunami in reverse.
By Richard Wolf, USA TODAY
WASHINGTON – The financial crisis that began in the United States in late 2007 swept across the Atlantic Ocean to Europe. Now, U.S. political and financial leaders are hoping a tentative deal to relieve Europe's government debt crisis will prevent a similar tsunami in reverse.
Bloomberg: Economy in U.S. Probably Expanded at the Fastest Pace in a Year
Economy in U.S. Probably Expanded at the Fastest Pace in a Year
By Alex Kowalski - 2011.10.26 09:01 PM
The U.S. economy probably grew in the third quarter at the fastest pace this year as gains in consumer spending and business investment helped sustain a recovery on the brink of faltering, economists said before a report today.
By Alex Kowalski - 2011.10.26 09:01 PM
The U.S. economy probably grew in the third quarter at the fastest pace this year as gains in consumer spending and business investment helped sustain a recovery on the brink of faltering, economists said before a report today.
Wednesday, October 26, 2011
Bloomberg: Mongolia Delays First U.S. Dollar Bond Sale as Economy Set for 20% Growth
Mongolia Delays First U.S. Dollar Bond Sale as Economy Set for 20% Growth
2011.10.26 05:58 PM
Mongolia delayed plans to sell its first U.S. dollar-denominated bonds until 2012 as surging coal exports puts the economy on target to grow 20 percent this year.
2011.10.26 05:58 PM
Mongolia delayed plans to sell its first U.S. dollar-denominated bonds until 2012 as surging coal exports puts the economy on target to grow 20 percent this year.
S&P: What Constitutes A Sovereign Default For Standard & Poor's?
What Constitutes A Sovereign Default For Standard & Poor's? (00:10:29 min)
In this CreditMatters TV segment, Standard & Poor's Criteria Officer Alexandra Dimitrijevic discusses the characteristics that could constitute a sovereign default for Standard & Poor's, following the recent public attention to Greece's debt reprofiling. Besides missing a debt payment, Standard & Poor's could also consider some 'distressed' exchange offers or similar debt restructuring as equivalent to a default, if they meet certain characteristics.
In this CreditMatters TV segment, Standard & Poor's Criteria Officer Alexandra Dimitrijevic discusses the characteristics that could constitute a sovereign default for Standard & Poor's, following the recent public attention to Greece's debt reprofiling. Besides missing a debt payment, Standard & Poor's could also consider some 'distressed' exchange offers or similar debt restructuring as equivalent to a default, if they meet certain characteristics.
Subscribe to:
Posts (Atom)