Author: Rahul Prasad, OnTo!T consulting
February 24th
- Thomson Reuters/University of Michigan final index of consumer sentiment increased to 75.3 from 75 in January
- UK GDP shrinks 0.2% in Q4.
- Sales of new single-family houses in January 2012 were at 321,000, below the revised December rate of 324,000, but is 3.5 percent above the January 2011 estimate of 310,000.
February 23rd
- Applications for jobless benefits were unchanged in the week ended Feb. 18 at 351,000, the fewest since March 2008
- Meanwhile, Europe is on continues to struggle as European Commission forecasts a mild recession for FY12
- UK, Canada, Japan express concern over Volker rule. Say trading restrictions to affect Sovereign debt market. Focus shifting away from reducing systematic risk in the system.
February 22nd
- Dell falls after missing sales forecast
- Same store sales up 3.0% week-o-week
- Existing-home sales, increased 4.3 percent to a seasonally adjusted annual rate of 4.57 million in January from a downwardly revised 4.38 million-unit pace in December and are 0.7 percent above a spike to 4.54 million in January 2011
February 21st
- Greece finally gets a bailout
- Oil continues its rise on Iran and Greek bailout
- OECD growth slows to 0.1% in Q4
February 17th
- Index of leading US indicators rise 0.4% in January
- US CPI for January at 0.2%
- Canadian inflations quickens to 2.5% in January
- Germany expresses confidence on Greek deal
February 16th
- Jobless claims in US fall to 4-year low of 348,000
- GM reports highest ever profits
- Eurozone into recession; GDP contracts 0.3% in Q4
February 15th
- Output at US factories rose 0.7 percent after a revised 1.5 percent gain in December, figures from the Federal Reserve indicate
- LIBOR fixing charges laid against six big banks
- Capital One purchases ING direct
February 14th
- US retails sales rise less than forecast. Gain of 4% reported by commerce department.
- Investor sentiment turns positivei n Germany in spite of lackluster Eurozone industrial production
- Bank of Japan sets 1% inflation target; to ease further
February 10th
- Thomson Reuters/University of Michigan preliminary index of consumer sentiment dropped to 72.5 from 75 in January
- Chinese imports fall 15.3% in January
February 9th
- US bank reach $25 billion agreement over foreclosure abuse deal
- Greek talks still in limbo
- Chinese inflation higher than expected
- In the week ending February 4, the seasonally adjusted was 358,000, a decrease of 15,000 from the previous week’s revised figure of 373,000
February 8th
- German exports slide 4.3% in December
February 7th
- German industrial production plunges 2.9% in December
- Same-store sales up 1.8% during the week
- Consumer credit on the rise in US’ up 7.5% in Q4 and 9.25% in December
February 6th
- Greek debt talks continue to drag
- German factory orders rise 1.7% in December
February 3rd
- After Sony, Panasonic turns in loss
- January 2012 Non-Manufacturing ISM NMI at 56.8%
- US nonfarm payrolls rise 243,000; jobless rate drops to 8.3%
February 2nd
- Spanish Yields on 3-year bonds fell to 2.86%
- Sony turns in loss; strong yen hurts
- Deutsche Bank earnings fall due to Greek writedowns and trading
- US auto sales surge 11% in January
- US initial jobless claims fall 12,000 to 367,000
February 1st
- Facebook files for $5.0B IPO; Mcap of $80B
- ADP reports US nonfarm private payrolls up 170,000
- EU manufacturing PMI at 48.8 from 46.9 in December
- Chinese PMI at 50.5 from 50.3 in December
- Amazon net plunges due to higher spending
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