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<title>Automated Trader c RSS feed results</title>
<link>http://automatedtrader.net</link>
<description>
Automated Trader delivers immediate in-depth coverage of automated and algorithmic trading across all asset classes. Our global resource base utilises both online and print media to support market participants from both a business and a technological perspective. Give yourself an edge. Subscribe today.

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<language>en-uk</language>
<copyright>Copyright 2009 Algorithmic Media ltd</copyright>
<pubDate>Fri,  9 Jan 2009 17:53:22 -0600</pubDate>
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<title><![CDATA[NIESR UK Q4 GDP Estimate: -1.5% q/q]]></title> 
<link>http://automatedtrader.net/real-time-news-6232.xhtm</link>
         
     <description><![CDATA[The NIESR economic thinktank is predicting that UK&Acirc;&nbsp;GDP in the fourth quarter fell by 1.5%

If accurate, NIESR&#039;s&Acirc;&nbsp;reading&Acirc;&nbsp;would confirm that the UK dropped into recession in the fourth quarter, after a negative Q3 and a stagnant Q2.&Acirc;&nbsp;

In the third quarter, GDP fell by 0.6%, according to official ONS figures.

The ONS&#039; first estimate for the fourth quarter is published on Jan 22.]]></description> 
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<title><![CDATA[Equities Close]]></title> 
<link>http://automatedtrader.net/real-time-news-6231.xhtm</link>
         
     <description><![CDATA[Equities finished the day significantly lower with the Dow down 1.6% to 8599, the S&amp;P falling 2.1% to 890 and Nasdaq dropping 2.8% to 1572.

S&amp;P futures sold off on the open and plunged below the 900 handle. It spent most of the morning hovering around 895 but attempted to rally midway through the afternoon. However, the S&amp;P could not break through resistance at 900 and closed near lows.

All ten sectors in the S&amp;P500 finished lower with Energy stocks falling 4.2% and Financials dropping 3.6%. Citigroup tumbled 5.7% and JP Morgan declined 4.6%.

There is no economic data on Monday. At 12:40pm, Atlanta FED President Lockhart will talk about the economy in Georgia. At 2pm, Treasury Secretary Paulson will speak on climate change in Washington.]]></description> 
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<title><![CDATA[Preview: November Canadian New Housing Price Index Expected To Retreat 0.3%]]></title> 
<link>http://automatedtrader.net/real-time-news-6230.xhtm</link>
         
     <description><![CDATA[The November New Housing Price Index is expected to drop 0.3%, marking the second consecutive monthly decline after it fell 0.4% in October. October decline was the first one since September 98.
The data will be released by Statistics Canada at 8:30 am EST on Monday.]]></description> 
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<title><![CDATA[Fixed Income Close]]></title> 
<link>http://automatedtrader.net/real-time-news-6229.xhtm</link>
         
     <description><![CDATA[Payrolls provided the usual head fake that markets should be used to by now, as the headline drop came in below the loudest &quot;whispers,&quot; but still was unambiguously weak. Stocks initially shrugged off the still-bleak news, while Treasuries initially weakened as the data appeared better than expected. But including back revisions in Oct and Nov, the overall downslope on jobs was quite steep. Accordingly, stocks subsequently slumped and dragged yields lower as well. The hawkish undertone from Fed&#039;s Lacker didn&#039;t strike a chord under the circumstances.]]></description> 
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<title><![CDATA[Preview: BoC Business Outlook Survey]]></title> 
<link>http://automatedtrader.net/real-time-news-6228.xhtm</link>
         
     <description><![CDATA[The BoC&#039;s Q4 Business Outlook Survey is expected to provide a big-picture look at the deteriorating Canadian economy and insight into the state of the credit markets.  Dismal manufacturing and export figures are expected to drag on the senior loan officer survey, with primary focus on the automotive industry. Declining employment levels along with falling energy prices will certainly reflect gloominess in the Canadian economy.
]]></description> 
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<title><![CDATA[Pelosi on Frank&#039;s TARP Bill]]></title> 
<link>http://automatedtrader.net/real-time-news-6227.xhtm</link>
         
     <description><![CDATA[House speaker Nancy Pelosi today said the legislation &quot;expands oversight, protects taxpayers&#039; interests, and makes significant improvements to the law...

&quot;Nothing in the original legislation prevented the Treasury Department from aggressively stemming housing foreclosures.  To ensure that the root cause of our economic downturn is addressed, Chairman Frank&#039;s
legislation directs Treasury to devote a minimum of $40 billion from the TARP for several strong and aggressive housing foreclosure mitigation initiatives,&quot; Pelosi said.
]]></description> 
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<title><![CDATA[EUR/USD Off 1.8% at 1.3457]]></title> 
<link>http://automatedtrader.net/real-time-news-6226.xhtm</link>
         
     <description><![CDATA[The pair has been making lower highs and lower lows since this morning. EUR/USD touched 1.3433 last hour and is currently down 245 pips at 1.3457.]]></description> 
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<title><![CDATA[Workweek measure at lowest level since 1964]]></title> 
<link>http://automatedtrader.net/real-time-news-6225.xhtm</link>
         
     <description><![CDATA[The average numbers of hours worked per week dropped to the lowest level since Labor began collecting such data (1964).]]></description> 
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<title><![CDATA[&quot;Part-time for economic reasons&quot; now number 8mln]]></title> 
<link>http://automatedtrader.net/real-time-news-6224.xhtm</link>
         
     <description><![CDATA[Today&#039;s Non-Farm Payrolls report contained alarming information on the rise in number of &quot;part-time employees for economic reasons&quot;.&Acirc;&nbsp; Essentially, these are people that accept part-time positions because they their hours were cut or they cannot get fulltime work&Acirc;&nbsp; Labor reported there are 8mln such workers - an increase of 3.4mln in 2008 alone. &Acirc;&nbsp; Labor also reported 1.9mln people &quot;marginally attached&quot; to the labor force - these are people that want to and are able to work, but cannot find work but are not counted as unemployed because they had not sought work in the last month.&Acirc;&nbsp; 642k of these people are categorized as &quot;discouraged workers&quot;...up 279k from year ago levels.]]></description> 
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<title><![CDATA[Obama pick for Office of Information, Regulatory Affairs - Sunstein, Cass of Harvard]]></title> 
<link>http://automatedtrader.net/real-time-news-6223.xhtm</link>
         
     <description><![CDATA[Professor Sunstein will take over this heretofor obscure office and likely raise its profile with the Obama administration focused on overhauling financial services regulations.&Acirc;&nbsp; Sunstein is a constiutional law scholar and is said to have accepted the Obama nomination.]]></description> 
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