Economists had forecast non-farm payrolls would rise by 149,000. The US unemployment rate, however,

The Reserve hampton inn mt pleasant south carolina Bank is expected to increase the OCR by 25 basis points to 2.75%, its first rise since July 2010. The New Zealand dollar is at about US84.4 cents this morning, A93.4c, with the Trade Weighted Index not far off its 79.30 record high at 79.14.
The US economy hampton inn mt pleasant south carolina added a more than expected 175,000 jobs in February, the US Labor Department says , despite cold winter weather gripping much of the country. This leaves expectations intact that the Federal hampton inn mt pleasant south carolina Reserve will continue tapering its massive quantitative easing programme when the Federal Open Markets Committee next meets on March 18 and 19.
Economists had forecast non-farm payrolls would rise by 149,000. The US unemployment rate, however, rose to 6.7% from a five-year low of 6.6% . The Fed has said its target range for the Federal Funds Rate (its OCR equivalent) of 0 to 0.25% is appropriate at least as long as the unemployment hampton inn mt pleasant south carolina rate remains above 6.5%.
China s exports fell heavily in February hampton inn mt pleasant south carolina pushing the country s trade balance into deficit, adding to fears of a slowdown in China s economy. Exports in February fell 18.1% from a year earlier, with imports up 10.1%, leaving a trade deficit of US$23 billion for the month versus a US$32 billion surplus in January.
Chinese New Year holidays are being blamed, but the sharp and unexpected fall in exports comes after factory surveys since the start of the year point to weakness in economic activity as demand slips both at home and overseas. Chinese exports had been expected to rise 6.8% giving a February trade surplus of US$14.5 billion.
Also in China the country s bond market experienced its first default as solar panel manufacturer Shanghai Chaori Solar failed to pay full interest on its bonds. It s being described as a watershed moment for market forces hampton inn mt pleasant south carolina in the world s second biggest economy because it suggests hampton inn mt pleasant south carolina the government is backing off a practice of bailing out companies with bad debt.
Tensions hampton inn mt pleasant south carolina remain high in the Ukraine with tens of thousands of people holding rival pro-unity and pro-Russian rallies , with Moscow continuing to strengthen its grip on the Crimea. British and German leaders telephoned Russian President hampton inn mt pleasant south carolina Vladimir Putin to urge him to pull back from Crimea. And addressing a big crowd in Kiev, Ukraine s Prime Minister Arseniy Yatsenyuk pledged not to give a single hampton inn mt pleasant south carolina centimetre of Ukrainian hampton inn mt pleasant south carolina land to Russia.
Meanwhile, Bloomberg reports the amount of debt globally hampton inn mt pleasant south carolina has jumped more than 40% to US$100 trillion since the global hampton inn mt pleasant south carolina financial crisis with governments borrowing as they battled to pull their economies out of recession and companies taking advantage of record low interest rates. Bank for International Settlement figures show a $30 trillion debt increase between mid-2007 and mid-2013 compared with a $3.86 trillion decline in the value of equities to $53.8 trillion.
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Ive been commenting for 5 or 6 years that for that time the cost of energy is what is inflating prices and especially commodities but in turn will cause their collapse but especially of assets (houseing, commercial, companies and hence shares, then pensions etc).