TAKEPLACE: DISAPPOINTING EMPLOYMENT DATA

Friday, February 18, 2011

DISAPPOINTING EMPLOYMENT DATA

The Dollar traded lower after disappointed employment data. US Unemployment Claims came out weaker at 410K vs 385K previously, Core CPI came out better at 0.2% vs 0.1% previously, and Philly Fed Manufacturing Index came out batter at 35.9 vs 19.3 previously. The Euro is trading above the strong support of 1.35 around the 1.36 levels. EUR Current Account data came out weaker at -13.3B vs -10.5B previously. BOE member Sentence was quoted as supporting interest rate hikes sooner and this led to slight buying of GBP overnight. BOJ released this week its decision about the overnight cash target rate where the board decided to fix the rates at the lowest level between 0 and 0.10%. Canadian dollar jumps to three year high against dollar as focuses are turning back to economic fundamentals. IBT

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TakePlace was made with you in mind It's about ideas and innovation, creative perspectives, and solutions. We're advocates for change, because change needs friends. We explore complex systems, adaptive agents, modeling, simulation, artificial life, and complex (information, biological, and social) networks. We especially focus on the Web as a complex information network in which we leave abundant traces of our social and semantic activities: what we do, what we are interested in, whom we talk to, what knowledge we acquire and contribute. Our research spans from modeling the dynamic processes that occur on the Web (how information networks grow and evolve, how individual and collective traffic patterns emerge, how attention bursts are generated and shaped by social and search tools) to designing tools that mine the Web to build better search, navigation, management, and recommendation tools (where ‘better’ means more intelligent, autonomous, robust, personalized, contextual, scalable, adaptive, and so on).