House prices will fall in 2011, says CEBR

Weaker household earning power will lead to a 1.7% fall in UK house prices in 2011, a research group predicts.

Higher inflation and weaker employment prospects will lead to a fragile economic recovery, the Centre for Economics and Business Research (CEBR) said.

Optimists claim 'clearer vision' on economic recovery

The vast majority of economists see Canada experiencing modest growth this year, including in jobs. But a few are willing to talk up the economy and believe Canadians will have a much better year than most think.

The economic story for this year appears chiselled in stone. Canada is slated for modest growth with no or only minor improvement in the unemployment rate.

S&P Has Made Tremendous Gains: On Its Way To Recovery

The S&P 500 rose 95 percent from its low in March 2009 through yesterday as corporate earnings beat expectations, the Federal Reserve bought Treasuries to stimulate growth and the economy recovered from the worst recession since the Great Depression. U.S. gross domestic product growth quickened to 3.2 percent in the fourth quarter of last year from 2.6 percent in the third, the government reported on Jan. 28.

Geithner: Weak housing, unemployment stifle economic recovery

U.S. Treasury Secretary Timothy Geithner says the nation's economic recovery is still plagued by high unemployment and a weak housing market, but he's confident policy makers will address the nation's current needs by raising the debt ceiling.

Geithner made that assertion while speaking at a forum held by The Atlantic magazine Wednesday morning. His comments closely echo those of Federal Reserve Chairman Ben Bernanke in his testimony before the U.S. House Committee on the Budget Wednesday.

Dollar Falls as China’s Rate Boost Fails to Quell Risk Appetite

The dollar dropped against most of its major counterparts as China’s interest-rate increases failed to quell investors’ appetite for higher-yielding assets.

The euro rose against 13 of its 16 most-traded peers as signs of normality in Egypt’s financial market damped concern that unrest in the region would intensify. New Zealand’s dollar, Brazil’s real and South Africa’s rand, currencies that are tied to global growth, were the top performers. Sterling dropped after the U.K. increased a levy on bank balance sheets.