http://www.rttnews.comGlobal financial news, market analysis, economics and forex newsen-usSat, 07 Nov 2009 14:25:05 GMTFriday morning, the Commerce Department released its report on wholesale inventories in the month of September, showing that inventories fell by a little less than economists had been anticipating. The report also showed a continued increase in wholesale sales. The report showed that wholesale inventories fell 0.9 percent in September following a 1.3 percent decrease in August. Economists had been expecting inventories to decrease by about 1.0 percent.http://www.rttnews.com/ArticleView.aspx?Id=1120993&Category=Economic%20NewsFri, 06 Nov 2009 14:37:50 GMTEmployment fell by more than expected in the month of October, according to a report released by the Labor Department on Friday, with the continued decrease in jobs pushing the unemployment rate up to a new twenty-six year high above 10 percent. The report showed that non-farm payroll employment fell by 190,000 jobs in October following a revised decrease of 219,000 jobs in September. Economists had expected a decrease of about 175,000 jobs.http://www.rttnews.com/ArticleView.aspx?Id=1120879&Category=Economic%20NewsFri, 06 Nov 2009 13:16:58 GMTGerman factory orders rose for a seventh month in September due to an increase in foreign orders, data released by the Federal Ministry of Economics and Technology showed Friday.http://www.rttnews.com/ArticleView.aspx?Id=1120750&Category=Economic%20NewsFri, 06 Nov 2009 12:14:28 GMTBritish input prices unexpectedly increased in October for the first time since February pointing towards inflationary pressures in the economy.http://www.rttnews.com/ArticleView.aspx?Id=1120708&Category=Economic%20NewsFri, 06 Nov 2009 12:00:03 GMTGerman industrial orders rose 0.9% month-on-month in September, the Federal Ministry of Economics and Technology said Friday. Economists had expected 1% rise.http://www.rttnews.com/ArticleView.aspx?Id=1120582&Category=Economic%20NewsFri, 06 Nov 2009 10:22:27 GMTFriday, a report from Statistics Norway showed that industrial production rose a seasonally adjusted 0.9% month-on-month in September following the 1.6% increase in the previous month. On a monthly basis, industrial production grew for the second month in a row.http://www.rttnews.com/ArticleView.aspx?Id=1120533&Category=Economic%20NewsFri, 06 Nov 2009 09:14:17 GMTFriday, UK's Insolvency Service said there were 4,716 company insolvencies in England and Wales in the third quarter, down 4.7% on quarter, but an increase of 14.6% over the previous year.http://www.rttnews.com/ArticleView.aspx?Id=1120526&Category=Economic%20NewsFri, 06 Nov 2009 09:06:59 GMTFriday, Statistics Austria announced that the trade deficit stood at EUR 505.1 million in August, larger than the EUR 403.7 million shortfall recorded a year ago. Exports were down 20.2% year-on-year to EUR 6.6 billion in August, while imports dropped 18.1% to EUR 7.1 billion.http://www.rttnews.com/ArticleView.aspx?Id=1120520&Category=Economic%20NewsFri, 06 Nov 2009 08:44:52 GMTAustria's retail sales rose 3.2% year-on-year in September in real terms, the Statistics Austria said Friday. In nominal terms, sales were up 1.7%.http://www.rttnews.com/ArticleView.aspx?Id=1120519&Category=Economic%20NewsFri, 06 Nov 2009 08:43:30 GMTFriday, the Czech Statistical Office said the trade surplus stood at an unadjusted CZK 17.8 billion in September, up from CZK 10.6 billion in August. Economists had expected a trade surplus of CZK 16.5 billion. A year ago, a surplus of CZK 10.5 billion was logged.http://www.rttnews.com/ArticleView.aspx?Id=1120511&Category=Economic%20NewsFri, 06 Nov 2009 08:26:28 GMTAustria's wholesale price index or WPI decreased 0.1% month-on-month in October, the Statistics Austria said Friday.http://www.rttnews.com/ArticleView.aspx?Id=1120506&Category=Economic%20NewsFri, 06 Nov 2009 08:12:08 GMTThursday, the European Central Bank President Jean-Claude Trichet gave a strong indication that the central bank is preparing to rollback unconventional measures to mop up excess liquidity from the Eurozone economy.http://www.rttnews.com/ArticleView.aspx?Id=1120502&Category=Economic%20NewsFri, 06 Nov 2009 08:04:38 GMTPhilippines' gross international reserves amounted to $43.2 billion at the end of October compared to $42.5 billion in September, the Bangko Sentral ng Pilipinas said Friday.http://www.rttnews.com/ArticleView.aspx?Id=1120500&Category=Economic%20NewsFri, 06 Nov 2009 08:03:15 GMTSwedish central government payments resulted in a deficit of SEK 19.6 billion in October, reversing from a surplus of SEK 163 million last year, the Debt Office said Friday. The deficit in October was more than the the Debt Office's forecast of a SEK 14.3 billion deficit.http://www.rttnews.com/ArticleView.aspx?Id=1120491&Category=Economic%20NewsFri, 06 Nov 2009 07:55:34 GMTFriday, Germany's Federal Statistical Office announced that raw steel production in metallurgical plants dropped 11% year-on-year in October, markedly slower than the 21.5% fall in the previous month. Raw steel output totaled 3.45 million tonnes in October, larger than the 3.18 million tonnes produced in the previous month.http://www.rttnews.com/ArticleView.aspx?Id=1120462&Category=Economic%20NewsFri, 06 Nov 2009 07:15:25 GMTThursday, Malta's National Statistical Office announced that the registered unemployed stood at 7,521 in September, up from 7,443 in the previous month. A year ago, 6,096 persons were unemployed. The number of unemployed males amounted to 5,801, while the number of unemployed females stood at 1,720.http://www.rttnews.com/ArticleView.aspx?Id=1120370&Category=Economic%20NewsFri, 06 Nov 2009 05:49:29 GMTThursday, the World Bank announced that its board of directors approved a $9 million loan to the Republic of Seychelles to assist the government's reform efforts towards returning the island nation's economy to a sustainable growth path.http://www.rttnews.com/ArticleView.aspx?Id=1120364&Category=Economic%20NewsFri, 06 Nov 2009 05:46:07 GMTFriday, major statistical data scheduled for release from Europe include UK producer prices and factory orders from Germany.http://www.rttnews.com/ArticleView.aspx?Id=1120360&Category=Economic%20NewsFri, 06 Nov 2009 05:40:12 GMTFriday, the Australian Industry Group and the Housing Industry Association announced that Australia's Performance of Construction Index stood at a seasonally adjusted 50.9 in October, compared to the 50.8 reading in September. A reading above 50 indicates expansion, while one below 50 suggests contraction. This is the second straight month in which construction industry has expanded.http://www.rttnews.com/ArticleView.aspx?Id=1120293&Category=Economic%20NewsThu, 06 Nov 2009 02:09:56 GMTThe U.K.'s gross domestic product or GDP shrank 0.4% in the three months ended October compared to the previous three month period and similar to the 0.4% decline in the three months ended September, the latest monthly estimate of GDP from the National Institute of Economic and Social Research showed Thursday. The GDP indicator has been on a declining trend for the last seventeen months.http://www.rttnews.com/ArticleView.aspx?Id=1120271&Category=Economic%20NewsThu, 06 Nov 2009 01:29:04 GMTJapan is scheduled to release preliminary September data for its leading and coincident indexes, headlining a light day for Asian economic news. Forecasts call for the leading index to post a score of 86.2 after coming in at 83.2 in August. The coincident is seen at 92.5, up from 91.2 in the previous month. Also, the Ministry of Finance will provide weekly capital inflow data for stocks and bonds.http://www.rttnews.com/ArticleView.aspx?Id=1120105&Category=Economic%20NewsThu, 05 Nov 2009 22:12:28 GMTLabor productivity increased by much more than expected in the third quarter, according to the preliminary report released by the Labor Department on Thursday, with the report also showing a bigger than expected decrease in labor costs. The report showed that productivity increased by 9.5 percent in the third quarter following a revised 6.9 percent increase in the second quarter. Economists had expected productivity to rise by 6.5 percent.http://www.rttnews.com/ArticleView.aspx?Id=1119275&Category=Economic%20NewsThu, 05 Nov 2009 13:59:37 GMTThursday morning, the Labor Department released its report on initial jobless claims in the week ended October 31, showing that first-time claims for unemployment benefits fell by more than economists had been anticipating. The report showed that jobless claims fell to 512,000 from the previous week's revised figure of 532,000. Economists had been expecting jobless claims to edge down to 522,000 from the 530,000 originally reported for the previous week.http://www.rttnews.com/ArticleView.aspx?Id=1119194&Category=Economic%20NewsThu, 05 Nov 2009 13:19:17 GMTThursday, the European Central Bank left its key interest rate unchanged at a record low for the sixth straight month in November to boost the 16-nation economy, which is emerging from the worst recession in decades.http://www.rttnews.com/ArticleView.aspx?Id=1119092&Category=Economic%20NewsThu, 05 Nov 2009 12:51:25 GMTThursday, the Bank of England maintained its key interest rate as expected and raised the size of its quantitative easing measures by GBP 25 billion to aid the ailing economy.http://www.rttnews.com/ArticleView.aspx?Id=1119059&Category=Economic%20NewsThu, 05 Nov 2009 12:43:57 GMTThursday, the European Central Bank held its key interest rate unchanged at a record low of 1% for a sixth straight month. The decision was in line with economists' expectations. The central bank also retained its interest rate on the marginal lending facility at 1.75% and that on the deposit facility at 0.25%.http://www.rttnews.com/ArticleView.aspx?Id=1118838&Category=Economic%20NewsThu, 05 Nov 2009 11:52:30 GMTAustralia's economy is on the road to recovery after emerging from one of the mildest downturns on record, Reserve Bank of Australia Governor Glenn Stevens said on Thursday. However, he said there is a need to guard a new economic expansion.http://www.rttnews.com/ArticleView.aspx?Id=1118765&Category=Economic%20NewsThu, 05 Nov 2009 11:34:26 GMTEurozone retail sales unexpectedly fell in September, suggesting that the sector is yet get a boost from the economic recovery, which is underway.http://www.rttnews.com/ArticleView.aspx?Id=1118642&Category=Economic%20NewsThu, 05 Nov 2009 10:58:29 GMTBritish manufacturing output in September recorded the biggest increase in seven years, indicating the possibility for a recovery in the near future.http://www.rttnews.com/ArticleView.aspx?Id=1118628&Category=Economic%20NewsThu, 05 Nov 2009 10:51:16 GMTThursday, the Monetary Policy Committee of the Central Bank of Iceland lowered it seven-day collateral lending rate to 11% from 12%. That was the first rate cut since June, when the rate was lowered by 100 basis points.http://www.rttnews.com/ArticleView.aspx?Id=1118489&Category=Economic%20NewsThu, 05 Nov 2009 09:19:33 GMT