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Midday Market Recap: Stocks Higher on Economic Data, U.S. Dollar Volatile

(CEP News) • S&P 500 up 1.3% • Geithner Whipsaws U.S. Dollar • Oil Falls $1 to $52.96 • UK Auction FailsDurable Goods Report Sparks Optimism Demand for big-ticket items in the U.S. unexpectedly snapped a four-month losing streak in February and helped renew the upward momentum in equity markets. The stock market gains came after the U.S. Department of Commerce reported that durable goods orders excluding transportation increased 3.9% despite forecasts for a 2.0% decline.The Dow Jones industrial average was most recently up

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October 9th - Ecb Monthly Report, Trade Balance, Initial Jobless Claims, Boj Minutes

The volatility is growing, trading is more and more risky. But we can make money if we are cautious.Today in the economic calendar:Today: G7 Meeting. The G7 meeting is the meeting of the finance ministers from the group of seven industrialized nations that are the United States, Japan, Germany, France, United Kingdom, Italy and Canada. The meeting

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La masse monétaire M3 et la croissance du crédit ralentissent davantage en février

Francfort - La croissance généralisée de l’argent et du crédit a continué en février, reflétant le resserrement des conditions de prêts, dit la Banque centrale européenne.Selon la BCE, la masse monétaire M3 de zone euro a crû de 5,9 % au rythme annuel en février, s’établissant à son plus bas niveau en plus de quatre ans et en baisse de 0,1 point de pourcentage depuis janvier. Les économistes prisaient cependant un ralentissement plus important à 5,5 %.La moyenne

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