Philip Chua Business Blog

Posts Tagged ‘recovery’

Investors are turning more to options for protection after the latest data showing the frailty of the economic recovery, but they may find some comfort in Wall Street's "fear gauge."


Wall Street - Stock market - Business - Investing - Stocks and Bonds

They're a minority, but a vocal one, and they're hovering like storm clouds over a brittle recovery. They're the Double Dippers — the politicians, economists and analysts who foresee back-to-back recessions.


Recession - Economic - Social sciences - Earth Science - Double Dippers

The Canadian dollar was soft after the Bank of Canada today raised the benchmark interest rate by a quarter percentage to 0.75% as expected but warned of a slow down in domestic and global economic recovery. This relatively dovish statement, however, was not able to play down the market expectation

A slightly fi rmer tone to an uneventful evening. US equities staged a tentative recovery during Europe on continued decent US company earnings, but were dented upon the release of sub-consensus US homebuilder confi dence data. A second advance a few hours later sees the S&P500 currently up 0.5%. There

The dollar was mostly higher versus its counterparts on Friday but broadly lower for the week as worries on global economic recovery eased. This week the IMF upgraded its forecast for 2010 global GDP growth to 4.6% from 4.2% and the International Council of Shopping Centers said US retail sales

Japanese economy released today its reading for May's machinery orders and current account index, where the machinery orders fell more than economist estimated in May adding signs that rebounded business investment will not heavily support the nation's recovery.