Wednesday, November 7, 2012

Congratulations !!! Four More Years for Obama, but European Union Cuts Eurozone GDP Outlook

Respons the Obama winning, US Stocks May Give Back Ground In Early Trading - U.S. Commentary, After moving mostly higher over the course of the two previous sessions, stocks are likely to give back some ground in early trading on Wednesday. The major index futures are pointing to a sharply lower open for the markets, with the Dow futures down by 113 points

Latest economic news from New Zealand, RBNZ Says Financial System Faces Significant Risks From External Developments, The unfavorable economic developments abroad posed serious risks to New Zealand's financial system, the Reserve Bank of New Zealand said in the latest edition of its Financial Stability Report, published Wednesday

Meanwhile, UK Shop Price Inflation Accelerates On Food Prices, Shop price inflation in the United Kingdom accelerated in October, as wet summer lifted food prices, a report from the British Retail Consortium (BRC) revealed Wednesday. Shop price inflation accelerated to 1.5 percent in October from 1 percent in September. Food inflation increased to 4 percent from 3.1 percent in September

Another bad news, European Union Cuts Eurozone GDP Outlook, The European Commission on Wednesday downgraded Eurozone's economic outlook as deep financial and sovereign debt crisis continue to weigh on economic activity

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