Mixed Bag of Economic Data
Airtime: Wed. Sept. 1 2010 | 10:00 AM ET
Discussing key pieces of economic data, with David Kotok, Cumberland Advisors, and Michelle Meyer, BofA Merrill Lynch Global Research.
Airtime: Wed. Sept. 1 2010 | 10:00 AM ET
Discussing key pieces of economic data, with David Kotok, Cumberland Advisors, and Michelle Meyer, BofA Merrill Lynch Global Research.
Japan has revised downwards its Q4 GDP growth to 0.9%. Frederic Neumann, senior Asian economist at HSBC, tells CNBC’s Martin Soong & Karen Tso that this revision adds pressure on the BOJ to extend its easy monetary policy.
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.
Where do the rating agencies fall into the fray when it comes to the SEC’s charges against Goldman Sachs? Sean Egan, president of the Egan-Jones Ratings Company, and Mark Zandi, of Moody’s Economy.com, share their insight.
The housing recovery will continue to be mixed after a year-over-year drop in January marked an improvement over December, says David Blitzer, Chairman of the Index Committee at S&P.
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.
The level of compliance to oil quotas among OPEC members has been sinking in recent months. OPEC compliance is now a cause for concern, HE Abdalla Salem El Badri, secretary general of OPEC, told CNBC Wednesday. El Badri added that OPEC is seeing strong demand growth from China and India.