Macroeconomics http://www.globalpost.com/taxonomy/term/23134/all en WRAPUP 4-US private sector job gains offer hope for labor market http://www.globalpost.com/dispatch/news/thomson-reuters/130103/wrapup-4-us-private-sector-job-gains-offer-hope-labor-market <p>* Private employers add 215,000 jobs in December * Weekly jobless claims rise 10,000 last week * Four-week average of claims steady at 360,000 * Data point to underlying momentum in the economy By Lucia Mutikani WASHINGTON, Jan 3 (Reuters) - U.S. private-sector employers shrugged off a looming budget crisis and stepped up hiring in December, offering further evidence of underlying strength in the economy as 2012 ended.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/wrapup-4-us-private-sector-job-gains-offer-hope-labor-market" target="_blank">read more</a></p> ADP National Employment Report Business Company Location Economics Employment Human resource management Job losses caused by the late-2000s recession Job security Jobless claims Labor Labor economics Labour law Law Macroeconomics Person Career Person Location Quotation Socioeconomics Unemployment Thomson Reuters Fri, 04 Jan 2013 04:15:19 +0000 5731093 at http://www.globalpost.com GLOBAL ECONOMY-US activity picks up, hopes for euro zone rise http://www.globalpost.com/dispatch/news/thomson-reuters/130104/global-economy-us-activity-picks-hopes-euro-zone-rise <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* US services sector expands in Dec, hiring up sharply</p> <p>* U.S. employers add 155,000 jobs across economy in Dec</p> <p>* Surveys suggest euro zone downturn is easing</p> <p>* UK service sector declines, fourth quarter contraction seen</p> <p>By Steven C. Johnson and Andy Bruce</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130104/global-economy-us-activity-picks-hopes-euro-zone-rise" target="_blank">read more</a></p> Business Business cycle Economic history Economics Economist Economy of the European Union Economy of the People's Republic of China Economy of the United States Entertainment Euro Health Labor Law Macroeconomics Person Career Quotation Recessions Social Issues Unemployment United States housing bubble Thomson Reuters Fri, 04 Jan 2013 17:18:00 +0000 Thomson Reuters 5731144 at http://www.globalpost.com Britain's FTSE sets highest closing level in nearly 2 years http://www.globalpost.com/dispatch/news/thomson-reuters/130104/britains-ftse-sets-highest-closing-level-nearly-2-years <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <p>* FTSE 100 adds 0.7 percent</p> <p>* Index rallies on U.S. jobs report after slow start</p> <p>* Concerns of early end to Fed monetary easing subside</p> <p>* BP leads gainers after Transocean settlement</p> <p>By Alistair Smout</p> <p>LONDON, Jan 4 (Reuters) - Britain's top shares registered their highest closing level for nearly two years on Friday, taking a cue from U.S. jobs data which suggested a broad-based labour market recovery.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130104/britains-ftse-sets-highest-closing-level-nearly-2-years" target="_blank">read more</a></p> BP Disaster Economics Federal Reserve System Macroeconomics Man Made Disaster Monetary policy Person Career Quantitative easing Quotation Transocean Unemployment Thomson Reuters Fri, 04 Jan 2013 17:56:58 +0000 Thomson Reuters 5731153 at http://www.globalpost.com GLOBAL MARKETS-Shares, oil dip, but growth prospects limit falls http://www.globalpost.com/dispatch/news/thomson-reuters/130107/global-markets-shares-oil-dip-growth-prospects-limit-falls <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* World stocks ease 0.15 pct as new year rally fades</p> <p>* Bank stocks outperform on milder liquidity rules</p> <p>* Dollar pulls back from 2-1/2-year high versus yen</p> <p>* Brent crude dips below $111 a barrel</p> <p>By Richard Hubbard</p> <p>LONDON, Jan 7 (Reuters) - World stocks and oil prices eased<br /> on Monday ending a new year rally as some investors chose to<br /> book profits, but signs of a brightening global economic growth<br /> outlook limited the falls.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/global-markets-shares-oil-dip-growth-prospects-limit-falls" target="_blank">read more</a></p> Business Central banks Company Location Deflation Economics Economy of the European Union Entertainment Euro Gold as an investment Inflation Investment Labor Late-2000s recession in Europe Law Macroeconomics oil Person Career Person Location Quantitative easing Quotation STOXX Thomson Reuters Mon, 07 Jan 2013 14:09:40 +0000 Thomson Reuters 5731344 at http://www.globalpost.com ANALYSIS-Egypt's currency crisis hinges on household dollars http://www.globalpost.com/dispatch/news/thomson-reuters/130108/analysis-egypts-currency-crisis-hinges-household-dollars <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>By Sujata Rao</p> <p>LONDON, Jan 8 (Reuters) - The key to preventing a messy<br /> devaluation of Egypt's pound may lie with the country's<br /> households, whose dollar holdings are being eyed by foreign<br /> investors as a critical gauge of trust in the authorities.</p> <p>Countless emerging market crises have shown over the decades<br /> that it is not the withdrawal of foreign investors from a market<br /> but the flight of local households and businesses from a<br /> currency that is instrumental in its collapse.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/analysis-egypts-currency-crisis-hinges-household-dollars" target="_blank">read more</a></p> Business Central bank Currency Devaluation Economics Exchange rate Fixed exchange-rate system Foreign exchange market Foreign-exchange reserves Hard currency International economics Macroeconomics Money Person Career Person Location Quotation Thomson Reuters Tue, 08 Jan 2013 13:45:18 +0000 Thomson Reuters 5731474 at http://www.globalpost.com British firms' confidence increased in fourth quarter - survey http://www.globalpost.com/dispatch/news/thomson-reuters/130108/british-firms-confidence-increased-fourth-quarter-survey <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>By Dasha Afanasieva</p> <p>LONDON, Jan 8 (Reuters) - British firms grew more confident<br /> in the last three months of 2012, suggesting the economy avoided<br /> contraction and is set for modest growth in the early part of<br /> this year, Britain's largest business survey showed on Tuesday.</p> <p>The survey of more than 7,000 firms by the British Chambers<br /> of Commerce contrasts sharply with the downbeat message last<br /> week from a set of closely watched polls of purchasing managers.<br /> They suggested Britain is slipping back into<br /> recession.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/british-firms-confidence-increased-fourth-quarter-survey" target="_blank">read more</a></p> Economics Economy of Paraguay Economy of the United Kingdom Entertainment Late-2000s recession in Europe Macroeconomics Person Career Quotation Recessions Thomson Reuters Tue, 08 Jan 2013 14:04:36 +0000 Thomson Reuters 5731564 at http://www.globalpost.com CORRECTED-UPDATE 2-Swedish c.bank minutes raise chance of another rate cut http://www.globalpost.com/dispatch/news/thomson-reuters/130108/corrected-update-2-swedish-cbank-minutes-raise-chance-another-r <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>(Corrects name of af Jochnick in para 17)</p> <p>* Deputy govs Jansson and Wickman-Parak considered bigger<br /> cut</p> <p>* Analysts say minutes dovish, raise chance of another rate<br /> cut</p> <p>By Simon Johnson</p> <p>STOCKHOLM, Jan 8 (Reuters) - Sweden's central bank<br /> considered a bigger rate cut last month before deciding on a<br /> quarter point reduction, the minutes of its meeting showed,<br /> bolstering market expectations it will ease policy again by<br /> April at the latest.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/corrected-update-2-swedish-cbank-minutes-raise-chance-another-r" target="_blank">read more</a></p> Central bank Economics Economy of Sweden Government of Sweden Interest rates Macroeconomics Monetary policy Official bank rate Person Career Quotation Recessions Sveriges Riksbank Sweden Swedish krona Technology Thomson Reuters Tue, 08 Jan 2013 14:09:18 +0000 Thomson Reuters 5731593 at http://www.globalpost.com UPDATE 2-Italy jobless records put heat on Monti in poll race http://www.globalpost.com/dispatch/news/thomson-reuters/130108/update-2-italy-jobless-records-put-heat-monti-poll-race <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* Jobless rate stable at October record of 11.1 pct<br /> * Youth unemployment hits 37.1 pct, highest on record<br /> * Rising unemployment is key issue ahead of February<br /> election</p> <p> (Recasts lead, adds political comment, graphics)<br /> By Gavin Jones<br /> ROME, Jan 8 (Reuters) - Youth unemployment in Italy rose to<br /> an all time high above 37 percent in November, data showed on<br /> Tuesday, piling pressure on outgoing Prime Minister Mario Monti<br /> who is seeking a second term at national elections in February.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/update-2-italy-jobless-records-put-heat-monti-poll-race" target="_blank">read more</a></p> Economics Entertainment Labor economics Macroeconomics Mario Monti Mario Monti Person Attributes Person Career Quotation Recessions Socioeconomics Unemployment Thomson Reuters Tue, 08 Jan 2013 14:45:04 +0000 Thomson Reuters 5731603 at http://www.globalpost.com Bank of England to start 2013 on sidelines as economy scrapes by http://www.globalpost.com/dispatch/news/thomson-reuters/130109/bank-england-start-2013-sidelines-economy-scrapes <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* BoE expected to keep QE at 375 bln stg, rates at 0.5 pct</p> <p>* Economic data too mixed to outweigh inflation worries</p> <p>* Decision due at 1200 GMT</p> <p>By Olesya Dmitracova</p> <p>LONDON, Jan 10 (Reuters) - The Bank of England is likely to withhold fresh monetary stimulus at the start of the new year, with economic news still not bleak enough to trump worries about stubborn inflation.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130109/bank-england-start-2013-sidelines-economy-scrapes" target="_blank">read more</a></p> Bank of England Economics Entertainment Inflation Macroeconomics Thomson Reuters Thu, 10 Jan 2013 00:30:42 +0000 Thomson Reuters 5732435 at http://www.globalpost.com RPT-Bank of England leaves QE, interest rates on hold http://www.globalpost.com/dispatch/news/thomson-reuters/130110/rpt-bank-england-leaves-qe-interest-rates-hold <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON, Jan 10 (Reuters) - The Bank of England kept its powder dry on Thursday, voting as expected not to buy more government bonds despite the economy teetering on the verge of another contraction.</p> <p>After a two-day meeting, the BoE's nine-member Monetary Policy Committee said its main interest rate would stay at 0.5 percent and that it would not extend its gilt purchases beyond the 375 billion pounds' worth ($600 billion) bought so far.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/rpt-bank-england-leaves-qe-interest-rates-hold" target="_blank">read more</a></p> Bank of England Economics Macroeconomics Money Thomson Reuters Thu, 10 Jan 2013 14:45:29 +0000 Thomson Reuters 5732598 at http://www.globalpost.com UPDATE 1-BoE keeps policy on hold to await clearer signs on economy http://www.globalpost.com/dispatch/news/thomson-reuters/130110/update-1-boe-keeps-policy-hold-await-clearer-signs-economy <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* BoE keeps QE at 375 bln stg, interest rates at 0.5 pct</p> <p>* Policymakers wait for clearer signs on economy, lending scheme</p> <p>* High inflation remains a worry for BoE</p> <p>By Olesya Dmitracova and David Milliken</p> <p>LONDON, Jan 10 (Reuters) - The Bank of England left its monetary policy settings unchanged on Thursday while it awaits clearer signals on the state of Britain's economy and more news on the progress of a key scheme to boost lending.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/update-1-boe-keeps-policy-hold-await-clearer-signs-economy" target="_blank">read more</a></p> Bank of England Economics Inflation Macroeconomics Thomson Reuters Thu, 10 Jan 2013 14:45:44 +0000 Thomson Reuters 5732604 at http://www.globalpost.com RPT-Bank of England leaves QE, interest rates on hold http://www.globalpost.com/dispatch/news/thomson-reuters/130110/rpt-bank-england-leaves-qe-interest-rates-hold-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON, Jan 10 (Reuters) - The Bank of England kept its powder dry on Thursday, voting as expected not to buy more government bonds despite the economy teetering on the verge of another contraction.</p> <p>After a two-day meeting, the BoE's nine-member Monetary Policy Committee said its main interest rate would stay at 0.5 percent and that it would not extend its gilt purchases beyond the 375 billion pounds' worth ($600 billion) bought so far.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/rpt-bank-england-leaves-qe-interest-rates-hold-0" target="_blank">read more</a></p> Bank of England Economics Macroeconomics Money Thomson Reuters Thu, 10 Jan 2013 14:45:53 +0000 Thomson Reuters 5732607 at http://www.globalpost.com Bank of England leaves QE, interest rates on hold http://www.globalpost.com/dispatch/news/thomson-reuters/130110/bank-england-leaves-qe-interest-rates-hold <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON, Jan 10 (Reuters) - The Bank of England kept its powder dry on Thursday, voting as expected not to buy more government bonds despite the economy teetering on the verge of another contraction.</p> <p>After a two-day meeting, the BoE's nine-member Monetary Policy Committee said its main interest rate would stay at 0.5 percent and that it would not extend its gilt purchases beyond the 375 billion pounds' worth ($600 billion) bought so far.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/bank-england-leaves-qe-interest-rates-hold" target="_blank">read more</a></p> Bank of England Economics Macroeconomics Money Thomson Reuters Thu, 10 Jan 2013 14:46:01 +0000 Thomson Reuters 5732610 at http://www.globalpost.com UPDATE 2-Kenya seeks credit growth with big rate cut http://www.globalpost.com/dispatch/news/thomson-reuters/130110/update-2-kenya-seeks-credit-growth-big-rate-cut <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Seeks to boost lending with bigger-than-expected cut</p> <p>* Cbank says economic fundamentals outlook positive</p> <p>* March vote to determine pace of easing-analysts (Recasts)</p> <p>By Duncan Miriri</p> <p>NAIROBI, Jan 10 (Reuters) - Kenya's central bank cut its benchmark lending rate by a higher-than-expected margin on Thursday in an effort to raise the level of commercial banks' lending to the private sector.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/update-2-kenya-seeks-credit-growth-big-rate-cut" target="_blank">read more</a></p> Economics Entertainment Interest rates Macroeconomics Thomson Reuters Thu, 10 Jan 2013 16:00:24 +0000 Thomson Reuters 5732684 at http://www.globalpost.com INSIGHT-Orban to use Hungary central bank in battle for growth http://www.globalpost.com/dispatch/news/thomson-reuters/130110/insight-orban-use-hungary-central-bank-battle-growth <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* New governor to bring riskier new policies -sources</p> <p>* More rate cuts, unorthodox tools to boost growth likely</p> <p>* Radical new measures could risk forint selloff</p> <p>* Govt, central bank have been at odds over policy</p> <p>By Krisztina Than and Sandor Peto</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/insight-orban-use-hungary-central-bank-battle-growth" target="_blank">read more</a></p> bank Business Economics Macroeconomics Monetary policy Social Issues Thomson Reuters Thu, 10 Jan 2013 16:15:54 +0000 Thomson Reuters 5732695 at http://www.globalpost.com