Germany's business climate index rose from 104.9 in September to 105.3 in October, a 15-year high and up from the forecast 104.5
Media Release
Oct. 25, 2006

Germany's business climate index rose from 104.9 in September to 105.3 in October, a 15-year high and up from the forecast 104.5, Munich-based Ifo Institute reported Oct. 25. The rise coincides with an increase in French business confidence from 106 in September to 108 in October. The rise is expected to reinforce the expectation that the European Central Bank will raise its main interest rate to 3.5 percent in December and possibly further in 2007.

Germany's business climate index rose from 104.9 in September to 105.3 in October, a 15-year high and up from the forecast 104.5
Media Release
The rise coincides with an increase in French business confidence from 106 in September to 108 in October.
READ MORE>>

A German navy vessel and two Israeli F-16s clashed near Lebanese coast
Media Release
The jets then used infra-red countermeasures to ward off any rocket attack. A German ministry spokesman told Reuters there was an incident. An Israeli military spokeswoman said she is checking the report.
READ MORE>>

South Korea's third-quarter economic expansion of 0.9% manifests weakness in Asian and American economies
Peter Oberois
Asia’s third largest economy grew at 0.9% in the third quarter, 60% of the growth is attributable to increased business investment and construction. The consumer spending and export was a drag.
READ MORE>>

Durable Goods Orders will manifest strength of US economy – effects on bonds, stocks, gold and currency
Peter Oberois
If history is any indicator, rising durable goods order with increasing leading indicator and confirming stock market forecast a robust economy with inflation pressure in the next six to nine months.
READ MORE>>

New home sales will show little change – economy is ready to accelerate for next six months – stock market confirming
Sam Adelton
The gloom and doom in residential real estate will come to an end temporarily. The market sentiment is so bearish that a snap back rally is required for any longer term bear market in real estate.
READ MORE>>

Stagflation in US economy will force Fed to raise rates in spite of decline in economic growth in 2007
Joesph Weinman
The economic growth will be in the range of 2.5 to 3.5% in 2007. The price deflator will show higher pipeline inflation. Fed starting March will raise rates again.
READ MORE>>

Consumer spending grew at an annual rate of 3.1 percent last quarter up from a 2.6 percent gain the previous three months
Alan Hersey
Lower gas prices are helping the consumer. The expendable cash is increasing and that is providing the consumer some joy and relief...
READ MORE>>

Home Resales figure of 6.27 M for September will be weaker but the worst has passed for now
Joe Weinman
The Sepetember home resales figure is expected to come out as 6.27 M from prior month’s 6.3 M. It will 0.47% lower than previous month.
READ MORE>>

MORE ARTICLES >>