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CompareCC News Archive Listing for Economy during 2005-11-03.
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Futures point to flat open for Wall Street
 
FT.com - Wall Street was seen to open flat on Thursday as investors awaited for outgoing Federal Reserve Chairman Alan Greenspan testimony in Congress later in the day while retail shares were expected to get a boost after companies reported strong October sales.
US economic fundamentals 'firm,' inflation uncertain: Greenspan
 
AFP - Federal Reserve Chairman Alan Greenspan said that the US economy has strong "forward momentum" despite recent hurricanes, but that the inflation outlook was uncertain.
Economic fundamentals 'firm', says Greenspan
 
FT.com - Rising oil prices and hurricane damage are likely to dent employment and production gains but the 'economic fundamentals remain firm, and the U.S. economy appears to retain important forward momentum', Alan Greenspan said on Thursday in a generally upbeat assessment of the economy.
Thursday's Commodities Roundup
 
AP - Crude-oil futures vaulted up more than $2 at Thursday's settlement, edging near $62 a barrel for the first time in a week, as traders braced for winter fuel demand and Federal Reserve Chairman Alan Greenspan predicted a strong economy.
Greenspan warns of inflation uncertainty
 
FT.com - Alan Greenspan, the Federal Reserve chairman, gave an upbeat assessment yesterday of the outlook for growth in the US economy but warned of an 'uncertain' outlook for inflation.
Snow urges China to widen renminbi trading band
 
FT.com - John Snow, US treasury secretary, has called on China to widen the trading band of the renminbi against the dollar, saying such action would demonstrate Beijing's commitment to keep moving towards greater currency flexibility.
Bond Note Down 10/32; Yield Up 0.05 Pct.
 
AP - Battered by an upbeat economic outlook from Federal Reserve Chairman Alan Greenspan, U.S. Treasury prices exited New York trade Thursday at multi-month and multiyear lows.

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