Quantcast

Know Better

Macroeconomy

U.S. Data

US Data: Quarterly Service Sector Revenue Survey

Release for: Second Quarter 2010 Source: U.S. Department of Commerce Data seasonally adjusted Total Revenue ($mln) Type of Business 2Q-10 1Q-10 ...

Wed, 09/08/2010 - 10:17

Canada

Text: Bank of Canada Raises Overnight Rate Target to 1%

The following is the text of the Bank of Canada policy statement released Wednesday: The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point...

Wed, 09/08/2010 - 09:20

Macroeconomy

US Data: Quarterly Service Sector Revenue Survey

Release for: Second Quarter 2010 Source: U.S. Department of Commerce Data seasonally adjusted

Total Revenue ($mln) Type of Business 2Q-10 1Q-10 4Q-09 3Q-09 2Q-09 1Q-09

Text: Bank of Canada Raises Overnight Rate Target to 1%

OTTAWA (MNI) The following is the text of the Bank of Canada policy statement released Wednesday:

The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

Bank of Canada: Key Interest Rate Remains At 0.25%

--- Signals enhanced concern re strength C$ slowing growth

--- C$ strength to "more than fully offset" CAN growth factors

--- H2 growth to be slightly better than 2.15% earlier expected

By Courtney Tower

OTTAWA (MNI) - The Bank of Canada Tuesday maintained its policy interest rate at 0.25%, as expected, but signalled growing concern that the strong Canadian dollar is offsetting economic recovery.

US Redbook: Sep Store Sales -0.1% vs Aug Through Sep 4 Wk

WASHINGTON (MNI) - The following is the text of the weekly retail sales report released by Johnson Redbook Tuesday, for the month-to-date through the week-ended September 4:

The Johnson Redbook Retail Sales Index was up 3.0% in the first week of September. Month-to-date, September was up 3.0% compared to September of last year (relative to a revised target of a 2.9% gain). Month-over-month showed -0.1% compared to August (relative to a target of a 0.2% drop). September is a five-week month on the retail calendar ending on October 2nd.

Text: US ICSC-GS Wkly Store Sales +0.1% in Sept 4 Week

WASHINGTON (MNI) - The following is the commentary from the ICSC-Goldman Sachs Weekly Chain Store Sales Snapshot released Wednesday:

Correct: US ICSC-GS Wkly Store Sales +1.8% in Sept 4 Week

WASHINGTON (MNI) - The following is the commentary from the ICSC-Goldman Sachs Weekly Chain Store Sales Snapshot released Wednesday:

UK Analysis: Jul Manuf Annual Growth Highest Since Dec 94

Japan Survey: Economists Revise Down GDP, CPI Forecasts

TOKYO (MNI) - Economists have revised down their forecasts for economic growth for this year and next and pushed back the timing for a projected recovery from deflation, according to the latest monthly survey by the Cabinet Office's Economic Planning Association released on Wednesday.

The survey also showed that the number of the economists who expect the Bank of Japan to ease credit further jumped to 20 from 7 in the previous survey.