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New indicators back Bank of Canada's positive upbeat economic news
Summary from multiple countries, from articles in English
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National Australia Bank lost 1.2 per cent to A$27.01, while Macquarie Group fell 3.8 per cent to A$45.92 and ANZ shed 1 per cent to A$18.21. (article 4)
BHP Billiton led the market lower, dropping 2.4 per cent to A$36.65, while Rio Tinto shed 2.1 per cent to A$115.50 and Oil Search sank 8.1 per cent A$5.00. (article 4)
The buy-to-let specialist said on its website that loans in arrears of more than three months were 2 per cent of the total, up from 1.78 per cent in June, as late payments rose by 12.4 per cent. (article 5)
European stock markets ended a wildly volatile week firmly in positive territory as bid activity sprang back to life and banking stocks got a shot in the arm from the performance of their US peers. (article 6)
Scandavian banks were some of the week's strongest performers after robust results from Swedbank and Swedish peer SEB which jumped 22.4 per cent to SKr131.25 and 26.2 per cent to SKr127.5 respectively. (article 6)
Canadian wholesale sales tripled economists projections in May, registering the third consecutive monthly increase by jumping 1.6 per cent to $44.2 billion, with all seven sectors except autos registering gains. (article 10)
The US banking sector lost a quarter of its stock market value, then registered a 33 per cent gain. (article 3)
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Other summaries about this story:
Other stories about cent, Treasury and economy:
Event tracking:
Story keywords
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cent, Treasury, economy, OIL, rules |
Source articles
- The Short View: On sterling (ft.com, 07/17/2008, 337 words)
- Poor tech sector profits weigh on Wall St (ft.com, 07/18/2008, 634 words)
- A bizarre five days for all to remember (ft.com, 07/18/2008, 1402 words)
- Asian stocks reverse early gains (ft.com, 07/18/2008, 462 words)
- Banks lift Footsie but B&B left behind (ft.com, 07/18/2008, 645 words)
- Wild week for Europe ends on positive note (ft.com, 07/18/2008, 461 words)
- Travel to and from Canada inches up: StatsCan (cbc.ca, 07/17/2008, 188 words)
- Overview: Equities rally as risk appetite recovers (ft.com, 07/18/2008, 789 words)
- 'Sense of urgency,' as premiers meet with central banker (cbc.ca, 07/18/2008, 445 words)
- New indicators back Bank of Canada's positive upbeat economic news (cbc.ca, 07/18/2008, 783 words)
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blaster@cs.columbia.edu
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