Canada housing starts rose in January

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Canadian housing starts rose 5.8 percent in January to a seasonally adjusted rate of 186,300 units from an upwardly revised 176,100 units in December, Canada Mortgage and Housing Corp said on Monday. The number of starts in January beat the consensus expectations of analysts who had called for 18...

European investor sentiment drops

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European investor confidence dropped for the first time in seven months in February as the economic recovery showed signs of losing steam. An index measuring sentiment in the 16-nation euro region fell to minus 8.2, a four-month low, from minus 3.7 in January, the Limburg, Germany-based Sentix re...

Swiss unemployment rises in January, but below expectations

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The Swiss unemployment rate rose to a non-seasonally adjusted 4.5 percent in January from 4.4 percent in the previous month, the State Secretariat for

Japan’s Bank Lending Declines for Second Month as Demand for Loans Slumps

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Japanese bank lending fell by the most in more than four years in January as companies returned to bond markets to raise funds. Lending, excluding loans by credit associations, dropped 1.7 percent last month from a year earlier, the largest decline since September 2005, the Bank of Japan said to...

Japan bank lending slips, current acct jumps

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Outstanding loans held by Japanese banks fell 1.5 percent in January from a year earlier as companies facing spare output capacity and a murky economic outlook hesitated to borrow for capital investment. ...

Japan M2 Money Stock Up 2.9% On Year In Jan

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The M2 money stock plus CDs was up 2.9 percent on year in January, the Bank of Japan said on Monday, standing at 766.5 trillion yen. That was slightly below analyst expectations for a 3.0 percent annual increase following the revised 3.1 percent annual gain in December. The M3 money stock climbed...

Japan Bank Lending Down 1.7% On Year In Jan

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Bank lending in Japan was down 1.7 percent on year in January, the Bank of Japan said on Monday, following a 1.2 percent annual contraction in December.

Retail Sales Probably Rose in Sign U.S. Consumers Will Help Economy Grow

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The rebound in spending that gave U.S. retailers a lift during the holiday season probably carried over into the new year, signaling consumers may contribute more to growth, economists said before reports this week. Sales climbed 0.3 percent in January, the third gain in four months, according t...

US Data Next Week: Retail Sales, U/Mich, Trade Balance, Wholesale Trade

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The only release of economic data in the week ahead that will have much significance for markets is that of January retail sales. The remaining reports are few and scattered, and are mostly to be read in context of other data rather than standouts in their own right. The possible exception will b...

Conflicting signs from the US labor market

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The economic picture is still muddy Friday after the government released a conflicting report on U.S. employment in January. With one sign on the labor market pointing up and the other pointing down, the January jobs report did little to clarify whether the economy is ready to start adding jobs a...
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