Reacting to Economic Data: Weekly Jobless Claims & Trade Deficit
Airtime: Thurs. Jun. 10 2010 |
Insight on the latest jobless claims and trade deficit figuers, with CNBC’s Rick Santelli & Steve Liesman.

Airtime: Thurs. Jun. 10 2010 |
Insight on the latest jobless claims and trade deficit figuers, with CNBC’s Rick Santelli & Steve Liesman.

The European Central Bank left interest rates unchanged at 1% Thursday, as widely expected. João Borges de Assunção from Católica School of Business, Charlie Morris from HSBC Global Asset Management and Brendan Brown from Mitsubishi UFJ Securities International have analysis.

President Obama discusses the amount of jobs loss and his plans for improving employment and the economy by increasing foreign trade.

Treasury Secretary Timothy Geithner talks about exports and the growth of the US economy, as well as the job increases he expects to see in the next year, with CNBC’s Erin Burnett.

China’s domestic market has become very strong, notes Allan Zeman, chairman of Lan Kwai Fong Holdings, prompting him to set up a similar entertainment strip in Chengdu, as well as a mall in Guangzhou. He sheds light on the changing face of the Chinese consumer, with CNBC’s Bernard Lo & Karen Tso.

On the back of reports Beijing has orderd banks to charge higher mortgage rates for first time home buyers, Richard Barkham, group research director at Grosvenor and Michael Kurtz, head of regional strategy at Macquarie Securities, discuss why the incentives to invest in Chinese real estate still remain strong.

Mohamed El-Erian, CEO of Pimco, and Dick Berner, chief US economist at Morgan Stanley, debate whether we’re experiencing an economic soft patch or double dip.