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Market talk.
German sentiment mixed amid economic strength Germany is showing signs of truly turning the corner, as various elements have recently aligned to bolster economic growth--good news for stocks. The government upwardly revised its economic growth target for this year to 2.3% from an earlier forecast showing 1.6% growth. Meanwhile, next year's growth is seen slowing to 1.4%; although, this figure is stronger than the previous 1% growth target for 2007.
Among areas working in Germany's favor, the public sector is leaner, with public spending (as a percentage of gross domestic product) down from 10 years ago, and further cuts in the pipeline. The tax rate is in check relative to other European behemoths, despite the impending hike in the value-added tax.
Germany is also tackling low birth rate concerns through plans to lift the official retirement age to 67 from 65 and by cutting pension entitlements.
Nevertheless, not everyone is basking in the glow of newfound economic growth. Last week's ZEW economic sentiment index, which taps into German investor ...
- Market Talk: C$ Heading Towards Parity?
- News wire article from: Resource News International July 20, 2004 700+ words
...greenback. He said weaker U.S. economic growth figures, poor non-farms payroll...sentiment that the best period of U.S. economic growth is behind us," he said. On top...Greenspan. He said it is evident that economic growth is slowing in the U.S., and that...
- Market Talk: C$ Holding Steady, But Due For More Strength.
- News wire article from: Resource News International January 26, 2006 700+ words
...released January 26 countered those sentiments, he said. In the Monetary Policy report the Bank of Canada increased its economic growth estimates for 2006 and did not spend a lot of time talking about the downside risk to the economy. "When you read through...
- SINOPEC DENIES MARKET TALK OF $8.4 BLN SHARE SALE PLAN.
- News wire article from: AsiaPulse News February 22, 2008 700+ words
...NYSE: SNP, HKSE: 0386)) has denied market talk that it plans to raise around 60 billion...for now, and I have no idea where the market talk has come from," Huang Wensheng, securities...jittery investors dumped its shares on the market talk. It fell more than 5 percent further...
- Bidhit.com CEO to Appear on Los Angeles Business Affairs Show; Tim Black to be...
- Press release article from: Business Wire December 6, 1999 700+ words
...KJLA-TV, business affairs program "Market Talk". The show will air Wednesday, Dec...pleased to be invited to appear on 'Market Talk'" stated Tim Black. "The live...marketplace." About KJLA-TV and "Market Talk" with Mike Russell Business News 22...
- Market Talk: Season's Greetings.
- News wire article from: Resource News International December 24, 2004 700+ words
...News International via COMTEX) SEASON'S GREETINGS FROM MARKET TALK * *** *** * * * * /\ * / 0\ / 0 \ / !0 ! \ / 0 ! 0...Winnipeg, Dec. 24-Jan. 3 - Market Talk is going on holidays and will return in the New Year, Jan...
- Dow Jones Newswires' Futures Service Now Offered On INO.com; DJ Market Talk...
- Press release article from: Business Wire March 8, 2001 700+ words
...market the complete Dow Jones Futures Service and integrate DJ Market Talk, streaming market commentary, into its new subscription...indexes, currencies, energy and traditional commodities. DJ Market Talk, rolling market commentary that supplies insight into market...
- Market talk.(Review & preview: November 17-23)(Brief Article)
- Magazine article from: Los Angeles Business Journal November 17, 2003 700+ words
Market Talk: Jeremy Siegel, author of "Stocks for the Long Run" and a prominent lecturer on the economy and financial markets, will speak...
- Market Talk: Funds Remain Short March Canola.
- News wire article from: Resource News International January 13, 2005 700+ words
...March canola future reflects the long-term down trend on the charts, industry sources said. As indicated in Wednesday's Market Talk, market participants are of the belief that the March canola future was setting up for a move to the $250 area and possibly...