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Tag archive for ‘financial news’
U.S. Employment Jumps Sending Unemployment Rate to a Six-Year Low
By ProfitEase.com On Tuesday, August 5th, 2014
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U.S. Employment Jumps Sending Unemployment Rate to a Six-Year Low

Even with 288,000 new jobs added to the economy and the unemployment rate at its lowest level since September 2008, the American economy is far from its full potential and low interest rates are warranted for some More...

Argentina defaults unable to pay existing debt
By ProfitEase.com On Monday, August 4th, 2014
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Argentina defaults unable to pay existing debt

Argentina defaulted for the second time since 2002; investors still hope for a deal, an agreement with holdouts is expected by the end of the year. Argentina defaulted for a second time in the past 12 years. The More...

Argentina’s default weakens the prospects for the peso amid expectations for talks with holdout creditors
By ProfitEase.com On Monday, August 4th, 2014
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Argentina’s default weakens the prospects for the peso amid expectations for talks with holdout creditors

Argentina’s default last week triggered investor expectations of a further depreciation of the national currency which would create additional headwinds for the economy. Argentina’s default last week, the second More...

Japan retail sales fall in a weak second quarter
By ProfitEase.com On Thursday, July 31st, 2014
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Japan retail sales fall in a weak second quarter, Japanese PM bids for reflation

Japan’s decline in retail sales challenges Japanese Prime Minister’s effort to attain domestic demand recovery, as companies do not offer higher wages to help household deal with the price hikes and higher taxes. More...

The US economic calendar this week is packed with quite many releases
By ProfitEase.com On Wednesday, July 30th, 2014
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US economic calendar this week packed full of events, promises volatility

The US economic calendar this week is packed with quite many releases, among which the unemployment rate and important Fed decisions to be taken. There is a lot of information in the US economic calendar expected More...

Greenspan shares his opinion on the economic situation
By ProfitEase.com On Sunday, July 27th, 2014
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Former Fed Chairman Greenspan on the economic situation and bubbles management

Greenspan shares his opinion on the economic situation, past bubble developments and bubbles management.  Alan Greenspan, former chairman of the Federal Reserve, is going to publish a book entitled “The Map More...

Argentina refuses to pay its creditors in full, default looms large
By ProfitEase.com On Sunday, July 27th, 2014
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Argentina firm against holdouts, default highly likely by July 30

Argentina refuses to pay its creditors in full, default looms large. Argentina’s president Cristina Fernandez seems unwilling to offer any flexible approach to hodlout investors currently suing her country. Despite More...

IMF’s chief Christine LagardeIMF’s Christine Lagarde sees global economic activity accelerating though with slightly weaker momentum
By ProfitEase.com On Thursday, July 24th, 2014
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IMF’s Christine Lagarde sees global economic activity accelerating though with slightly weaker momentum

IMF’s Lagarde said global growth is accelerating, but stressed the need for a boost in public investment, where this would not cause unnecessary risk to public finances, and for continued structural reforms. The More...

The US economy added 288,000 jobs in June and the unemployment rate dropped to 6.1%, the lowest reading since September 2008.
By ProfitEase.com On Thursday, July 24th, 2014
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U.S. employment jumps sending unemployment rate to a six-year low

Even with 288,000 new jobs added to the economy and the unemployment rate at its lowest level since September 2008, the American economy is far from its full potential and low interest rates are warranted for some More...

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