Friday, February 27, 2009

Special Report27.02.2009

The U.S. economy go into recession, this can be seen from the data that continue to survive in the largest economy in the world, making it difficult for investors to keep positive all the time because of fluctuations to the whole of the countries of the world, raising the suspicion of the success of government initiatives to support global financial markets and reduce of the losses incurred by companies around the world.
Turned out today to grant requests in the United States unexpectedly rose to the highest level ever again, with requests for durable goods continued to retract for the longest period since 1992 and for the sixth straight month, sales of new homes and turn down to the lowest levels all.
Grant requests for the week ending Feb. 21 rose to a value of 36 thousand to 667 thousand and the request is the highest since 1982 when the index began, while overall applications for individuals who receive a subsidy of 5.1 million arrived, as she was reading the previous request of $ 627 thousand, which was modified 631 to request, and that reading violated the expectations that predicted the number of applicants down to 625 subvention, and this increases the expectations of the high number .
Grant requests are ongoing for the week ending February 14 in the United States also increased the value of 114 to 5112 grant request and is the highest since 1983, and was expected to increase the number of grant requests to the 5024, while the previous reading had indicated that applications rose to 4987, but this reading had been amended to indicate that the number of applicants has been the value of 4998
The deep recession experienced by the sector to keep the economy is weak and not turn the U.S. economy further down in spite of all the initiatives by the U.S. GOVERNMENT and cutting down the interest rates to pump liquidity into the market, as the continuation of the lending system rigidity, high unemployment, which reduces the income and high incarceration bet on falling as well as the confidence the economy to keep demand for housing on the decline, despite the decline in the prices of houses, and so that the stability and activity to this sector, it would be difficult for the rest of the economy to recover.
Dollar made some gains on Thursday after data issued to it and such report may prompt the U.S. government to take further measures to save the economy and achieve stability, which would make him the first to recover from the recession that has plagued the countries of the world, and this approach goes to the stock of American rose in early trading today after a meeting of the optimism of investors to support government initiatives for the banking system.
Disclaimer: All data provided in this document are obtained from resources that we believe are reliable. And they are provided to inform traders about markets and help them make better decisions. Therefore, FXCBS Fienex Group LLC does not hold any responsibility for mistakes that could occur in these data, or any financial impact of using these data in trading.
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