Economic Analysis: Jobless Claims 4/8/10
Airtime: Thurs. Apr. 8 2010 | 8:32 AM ET
The CNBC news team parses today’s economic data.
Airtime: Thurs. Apr. 8 2010 | 8:32 AM ET
The CNBC news team parses today’s economic data.
The RBA lifted rates by 25 bps to 4.25% — its fifth rate hike since October 2009. Adam Gilmour, co-head FX & derivatives sales at Citi Asia Pacific, offers his instant analysis, with Graeme Maxton, chief economist at The Insight Bureau and CNBC’s Oriel Morrison.
Gold is likely to stay above $1,000 this year, with room to rise further, says Mike McChesney, CEO of Vantage Goldfields. He talks to Greg Bundy of AIMS Financial, and CNCB’s Oriel Morrison and Sri Jegarajah, as the junior miner lists on the Australian market today.
Discussing the winter weather factor in the jobs numbers, with CNBC’s Steve Liesman.
“There is some sentiment here in the US that the US will have to pick up part of the tab to bail out Europe as well, because of the IMF,” Rep. Scott Garrett, (R) New Jersey, told CNBC Monday.
Thanks to the cloud computing craze, shares of Rackspace Hosting have jumped 50% over the past three months. The company’s CEO, Lanham Napier, talks to the Fast Money traders about this hot sector.
Volcker on Volcker’s Rule 2.2.10