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  • 2011-04-08 07:00

    --Jobs Down By 1,500 Despite Large Full-Time Gains
    --Full-Time = +90,800; Part-Time = -92,100

    By Courtney Tower

    Ottawa (MNI) - Canadian jobs increased sharply in full-time work in
    March, by an unexpected 90,600, but decreased by a slightly higher fall
    in part-time work, for a total decrease of 1,500 jobs,Statistics Canada
    reported Friday.

    In a further turn of events surprising to forecasters, despite the
    marginal drop in overall employment the national unemployment rate
    decreased by 0.1% to 7.7%

    The decline in the national rate came because fewer Canadians

  • 2011-04-08 06:44

    LONDON, April 8 (MNI) - Euro retained a firm tone through European
    morning trade Friday, after the single European currency had been given
    an overnight boost through Asia as strong demand emerged after the Tokyo
    fix.

    Euro-dollar touched a high of $1.4405 overnight, extending to
    $1.4422 in Europe, with rate buoyed above $1.4390 ahead of the New York
    open. A large $1.4400 strike option, set to roll off at today's New York
    cut, along with protection of a decent sized option barrier at $1.4430
    have acted to keep rate steady around the figure.

  • 2011-04-08 06:42

    LONDON, Apr 8 (MNI) - Release of stronger-than-forecast UK PPI data
    provided the added impetus to extend cable's recent recovery to $1.6430.
    Sterling was holding off best levels ahead of the New York open as the
    pound lost ground against a generally stronger euro.

    STERLING SUMMARY: Opened early Europe at $1.6382, stg0.8783
    -- Cable closed in NY at $1.6320, with initial sales into early Asia
    taking rate back to $1.6316. Strong cross yen demand post Tokyo fix
    provided recovery momentum, cable trading off lows and moving through

  • 2011-04-08 06:42

    LONDON, Apr 8 (MNI) - Release of stronger-than-forecast UK PPI data
    provided the added impetus to extend cable's recent recovery to $1.6430.
    Sterling was holding off best levels ahead of the New York open as the
    pound lost ground against a generally stronger euro.

    STERLING SUMMARY: Opened early Europe at $1.6382, stg0.8783
    -- Cable closed in NY at $1.6320, with initial sales into early Asia
    taking rate back to $1.6316. Strong cross yen demand post Tokyo fix
    provided recovery momentum, cable trading off lows and moving through

  • 2011-04-08 04:35

    -- Corrects 4th Paragraph to Say 1st Rise in 2 Qtrs, Instead of 3 Qtrs
    -- See Separate Table For Details Of Individual Forecasts

    TOKYO (MNI) - Japan's core private-sector machinery orders appear
    to have posted the first month-on-month drop in three months in
    February, down by a seasonally adjusted 1.1% after a 4.2% rise in
    January, according to the median forecast of economists surveyed by
    Market News International.

    The Cabinet Office will release February machinery orders data at
    0850 JST on Monday, April 11 (2350 GMT on Sunday).

  • 2011-04-08 04:08

    FRANKFURT (MNI) - The German federal government is seeking bids for
    a E5 billion sale of new 6-month bubills, the Bundesbank confirmed
    Friday.

    Bids are due by 1000 GMT on Monday, April 11. The announcement of
    the auction results will be made shortly thereafter.

    The bubills will settle on Wednesday, April 13, 2011 and mature on
    October 12, 2011.

    --Frankfurt Newsroom +49 69 72 01 42: email: fftmail@marketnews.com--

    [TOPICS: M$G$$$,M$$FI$,MFXBO$,MGX$$$]

  • 2011-04-08 03:37

    -- See Separate Table For Details Of Individual Forecasts

    TOKYO (MNI) - Japan's core private-sector machinery orders appear
    to have posted the first month-on-month drop in three months in
    February, down by a seasonally adjusted 1.1% after a 4.2% rise in
    January, according to the median forecast of economists surveyed by
    Market News International.

    The Cabinet Office will release February machinery orders data at
    0850 JST on Monday, April 11 (2350 GMT on Sunday).

    Core machinery orders, excluding orders for ships and from electric

  • 2011-04-08 03:15

    SINGAPORE, April 8 (MNI) - The U.S. dollar stayed weak through the
    Asian afternoon Friday, hovering near session lows against most major
    currencies -- except the yen -- weighed down by the prospects of a
    shutdown of the U.S. Federal government amid disagreement over the
    fiscal 2011 budget.

    While the market had been relatively sanguine about the U.S.
    government problems until now, the fact that a deal has yet to be struck
    less than a day before the deadline appeared to have sparked some late
    concerns, dealers said.

  • 2011-04-08 02:25

    -- Updating 01:36 EDT Story In 3rd Par With NBS Spokesman Comment

    BEIJING (MNI) - China's National Bureau of Statistics said Friday
    it will begin publishing seasonally-adjusted quarter-on-quarter gross
    domestic product data with its release on April 15 of first quarter GDP.

    The government statistics agency said in a statement it will also
    publish seasonally adjusted month-on-month data covering industrial
    output, fixed-asset investment and retail sales starting with March data
    to be released next Friday.

    A spokesman with the statistics agency said the quarterly GDP

  • 2011-04-08 01:36

    -- Updating 23:36 EDT Story Throughout With Official NBS Comment

    BEIJING (MNI) - China's National Bureau of Statistics said Friday
    it will begin publishing seasonally-adjusted quarter-on-quarter gross
    domestic product data with its release on April 15 of first quarter GDP.

    The government statistics agency said in a statement it will also
    publish seasonally adjusted month-on-month data covering industrial
    output, fixed-asset investment and retail sales starting with March
    data to be released next Friday.