At the time of this posting (late Sunday night, central time) the Nikkei index was down more than 6% and shares of Tokyo Electric were off 24%.
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The Mexican economy expanded by an average of 4.4 percent in the first half of the year, but in June the monthly GDP proxy index at the Central Bank (Banxico) showed growth dipping to 3.8 percent, mainly because of a slowdown in U.S. demand.
On the other side of the spectrum, the lowest ranking, or saddest country on the Prosperity Index, is the Central African Republic.
Other U.S. economic reports due for release Thursday are many and include the weekly jobless claims report, the consumer confidence index, revised corporate profits, existing home sales, leading economic indicators, the Philadelphia Fed business survey, the monthly house price index, and foreign central bank holdings.
No matter how much you like a stock or index, one of the central rules of my trading strategy is to never chase.
The Intuit Small Business Employment Index for the South West Central region is currently 7 percentage points higher than it was in January 2007, and declined only 2.5 percentage points to its low in November 2009.
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Why should a central bank worry about such a broad price index rather than focusing solely on the prices consumers pay?
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The closely monitored Index of Economic Activity of the Central Bank, or IBC-Br, showed that the Brazilian economy grew at a seasonally adjusted rate of a disappointingly low 1.55 percent over the last 12 months.
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Ihe IBC-Br is the index of monthly economic activity from the Central Bank, and the monthly GDP proxy is now been below trend for the seventh straight month.
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The index is compiled on a quarterly basis using official government statistics or central bank data where available.
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The U.S. dollar index traded lower Thursday, in part due to the news of the central banks injecting greenbacks into the European financial system.
Gold and silver got a boost from a weaker U.S. dollar index and firmer crude oil prices, and from the bullish implications of the U.S. central bank printing more money in the coming months.
The wholesale price index, India's main inflation gauge, will be the basis for calculating the payout, the central bank said.
The Fed's favored gauge, the core Personal Consumption Expenditures Price Index, was up just 2.1% in May from a year earlier, barely above the central bank's perceived 2.0% ceiling.
The greenback is likely to see more selling pressure in the near term amid better economic data coming out of the European Union at the same time weak data comes out of the U.S. There are now notions the European Central Bank will raise interest rates soon, which would be another bearish blow to the U.S. dollar index and boost for the Euro currency.
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