US jobs data show economic renewal
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US ECONOMY
11:12pm
Global Market Overview
9:32pm
Shares rise after strong US jobs data
Dollar strength contrasts with euro weakness after Fitch downgrades Italy
CHINESE ECONOMY
10:35am
China warns over fresh currency tensions
Competitive devaluations will hurt emerging nations, says Beijing
From
WORLD
7:04pm
Sovereign wealth suitors woo Sarkozy
Qataris lead the pack as former French president mulls options
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AMERICAS ECONOMY
12:14am
Mexico cuts interest rates to record low
Central bank signals inflation is not concern in medium term
EU ECONOMY
8:27pm
UK set for GM food push in Europe
Ministers seek to overturn entrenched resistance in EU
- Developing world boost for GM crops
- Scientific contributions Report calls for more use of research to improve crops
©Bloomberg
From
COMPANIES
7:47pm
BP’s reserves ratio ‘abnormally low’
Small figure shows slow recovery since 2010 disaster
From
MARKETS
2:19pm
Norway’s oil fund jettisons Gilts
Largest SWF also reduces holdings of French sovereign bonds
©Getty
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COMPANIES
5:51pm
Google to cut 1,200 more jobs at Motorola
Push to restore division to profitability
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| Country | Data | Estimate | Actual |
|---|---|---|---|
| China | Imports, YonY | -9.7% | -15.2% |
| Exports, YonY | 8.1% | 21.8% | |
| France | BoF business sentiment | 96 | |
| Spain | Industrial production, YonY | -6% | |
| US | Unemployment | 7.8% | 7.7% |
| Non-farm payrolls | 165,000 | 236,000 | |
| Wholesale inventories, MonM | 0.6% | ||
| Mexico | Bank of Mexico, overnight rate | 4.5% | 4% |
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OECD predicts Brent at $190 by 2020
Figure is far higher than other official forecasters’ figures