Wednesday, October 17, 2012

Spain Rating: Moody's Retains Spain's Rating At Investment Grade, Outlook Negative

Stocks and forex trader eyes is on Spanish debt crisis for now, Moody's Retains Spain's Rating At Investment Grade, Outlook Negative, Offering some respite to the Spanish government that is under pressure to officially request a European bailout, Moody's Investors Service on Tuesday left its Spanish sovereign rating unchanged at investment grade, but with a 'negative' outlook

Latest economic data from Singapore Non-Oil Exports Shrink Unexpectedly, Singapore's non-oil domestic exports (NODX) unexpectedly contracted in September due to declining demand for its electronic products, data released by International Enterprises (IE) Singapore showed Wednesday 

Jobless rate data from England we reporting, Surprise Fall In UK Jobless Rate; Employment At Record High, Jobless rate in the U.K. declined unexpectedly in the three months through August, to the lowest level in more than a year as the labor market absorbed record number of workers during the Olympics, data from the Office for National Statistics revealed Wednesday. The unemployment rate, under the definition of the International labor Organization, declined to 7.9 percent in the June-August period from 8.1 percent during March-May

Latest update from Banking industry policymakers, Bank of England Unanimous On QE; Split Over Further Stimulus, Bank of England policymakers unanimously decided to leave the current size of asset purchases unchanged in early October, but they split over whether to add more stimuli over the next month

Another U.S. housing latest data, U.S. Housing Starts Jump Much More Than Expected In September, New residential construction in the U.S. showed a substantial increase in the month of September, according to a report released by the Commerce Department on Wednesday, with housing starts coming in well above economist estimates

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