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European Consumer Prices Rise Less Than Estimated
1 day ago ago from Business news
European consumer prices rose less than initially estimated in November as lower food and housing costs offset increases in alcohol and transportation. Prices in the 16-nation euro region rose 0.5 percent from a year earlier after falling 0.1 percent in October, the European Union statistics office in Luxembourg said today. While that was below an initial estimate of 0.6 percent published on Nov. 30, it was the first annual ...
Related contentOil price: where next? - and thoughts for 2010
14 hours ago ago from The Oil Drum: Europe - Analysis and Discussion of the European Energy Gap and Peak Oil
Figure 1 Oil supply - demand - price chart, Jan. 2002 to Nov. 2009. See text for explanation. Click to enlarge and open in separate browser window. In February this year, global oil production / demand hit an interim low of 84.0 million barrels per day (mmbpd) and the average price of West Texas Intermediate (WTI) that month was $39.16 / bbl. Since then, demand has recovered to 85.9 mmbpd in November and the average price was $78.08 / ...
Related contentBay Area Homes See Continued Price Improvement
17 hours ago ago from HousingStorm.com Honest Local Real Estate
Bay Area Home Sales and Prices Continue to Rise. From DataQuick News reports Bay Area home sales and median price top last year again The median price paid for a Bay Area home rose above the year-ago level for the second consecutive month, a reflection of widening price stability, fewer foreclosures selling and more activity in pricier areas. Sales dipped below October but were higher than a year earlier for the 15th consecutive ...
Related contentCalifornia temporarily increases milk pay price
18 hours ago ago from Brownfield
In an effort to help struggling dairy producers, the California Department of Food and Agriculture will raise the minimum milk price in the state for three months. California traditionally has the lowest pay price in the country. Starting in January, the Class I price will be 35 cents higher, Class II and III will be 25 cents higher while the Class 4a and 4b prices will be a dime more. Daily Dairy Report says that puts the Class I price at ...
Related contentWatch the bond spread.
19 hours ago ago from InvestmentWatch
If the FED is ending its buying of long term debt and only buying short term through the various scams they have with primary dealers and other central banks, we could see the carry trade continue using the low or almost zero short term money. Where do they borrow this money from, AP, that they use for the carry trade? Who borrows it? The financial system is in deep trouble here too and we are not seeing a recovery that would help the ...
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