Econ Analysis: Jobless Claims & Trade Data
Airtime: Thurs. Mar. 11 2010 |
Parsing the jobless claims and trade data, with Diane Swonk, of Mesirow Financial, and the CNBC news team.
Airtime: Thurs. Mar. 11 2010 |
Parsing the jobless claims and trade data, with Diane Swonk, of Mesirow Financial, and the CNBC news team.
Charts: Beware of Euro Dips vs Dollar. The euro is likely to continue its rise against the dollar in the long term, but investors should watch out for setbacks in the near term, Royce Tostrams, technical analyst at Tostrams Groep, told CNBC Friday.
“This year we are expecting moderate growth… The discovery we made last year was that export dependence is also vulnerability,” Danilo Turk, the president of Slovenia, told CNBC Friday. The recent weakness of the euro is a good thing for Slovenia, he added.
Greek GDP fell by 1.5% in the second quarter against estimates of a 1% drop and unemployment continued to increase in May, data showed Thursday. Anke Richter from Conduit Capital Markets has analysis.
Shares of Apple hit a lifetime high after quarterly results showed consumers continued to snap up millions of iPods and iPhones. Conway Gittens reports.
The Bank of England left interest rates and its asset purchasing program unchanged Monday. Justin Urquhart Stewart from Seven Investment Management and David Frost, director general of British Chambers of Commerce, joined the discussion.
Wilbur Ross is back on the prowl expanding his investment empire, with Wilbur Ross, WL Ross & Co. chairman & CEO and Mac Crawford, former CVS Caremark chairman.