Monday, December 15, 2008
Analysis: Future of office building a tall order in post-Katrina New OrleansJust
across the street from one of the success stories of New Orleans'
recovery from Hurricane Katrina -- the rebuilt Superdome -- stands one
of the biggest reminders of the task ahead nearly 40 months after the
storm.The former Dominion Tower, damaged by the August 2005
hurricane and little used since, has become a victim... [read more]
posted by fxgencurrencies,
in economic, ForexGen Introducing Brokers
@ 10:47 PM,
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Tuesday, September 02, 2008
The
non-farm payroll report releases by the United States Bureau of
Labor Statistics contains information on the current employment situation in
the US. It is generally released on the first Friday of each month at 8:30 EST.
Non-farm payroll data creates large market moves in both the
stock and currency markets. Average
price movement right after the release is about 40-80 pips depending... [read more]
Tuesday, August 19, 2008
Global capital markets remain caught in a tug of war between inflation and economic growth. For most of 2008, the economic growth story prevailed as the Federal Reserve Bank cut interest rates aggressively to cushion the blow from the housing crisis. However, the pendulum soon swung to inflation and the Fed began to worry that perhaps it had lowered rates too far and may in fact need to hike them... [read more]
Tuesday, August 19, 2008
In what some analysts have termed 'an act of desperation,' Vietnam has devalued its currency, the Dong, by .5%. Negative pressure had been building above the Dong for months, due to a burgeoning trade deficit, sagging stock market, and a stratospheric inflation rate, most recently clocked at 23%. Unfortunately for Vietnam's economic planners, the black market exchange rate remains nearly 5%... [read more]
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