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Senior EU official says bailout for Greece “not possible”

Posted by: scott Jan 29, 2010 Share 0

This article is for general information purposes only. It is not investment advice or a solution to ...

Japan’s finmin pressures BOJ, deflation deepens

Posted by: Alfonso Esparza Jan 29, 2010 Share 0

Japan’s finance minister urged the Bank of Japan on Friday to align policy with the deeply ind...

Greece’s Debt Weighs Down Euro

Posted by: scott Jan 29, 2010 Share 0

The euro fell to its lowest point in six months against the dollar today as investors continue to sh...

Eurozone Unemployment Reaches 10%

Posted by: scott Jan 29, 2010 Share 0

Unemployment in the Eurozone rose to 10 percent in December, the highest rate since the region was f...

US Economy Grows 5.7% in 4th Quarter

Posted by: scott Jan 29, 2010 Share 0

The US economy grew 5.7 percent in the fourth quarter last year as measured by the Gross Domestic Pr...

US Dollar Direction Unclear After Obama Speech

Posted by: scott Jan 28, 2010 Share 0

Investors remained unsure of the direction for the US dollar in the wake of President Barak Obama...

New US Jobless Claims Fall by 8,000

Posted by: scott Jan 28, 2010 Share 0

The number of people filing for unemployment benefits for the first time fell by 8,000 to 470,000 fo...

US Durable Goods Beats Expectations

Posted by: scott Jan 28, 2010 Share 0

Orders for durable goods – products with a lifespan of three or more years – rose more t...

Soros warns that Gold is now ‘the ultimate bubble’

Posted by: Dean Popplewell Jan 28, 2010 Share 0

This article is for general information purposes only. It is not investment advice or a solution to ...

US Durable goods orders 0.3% vs. 2.1%

Posted by: Dean Popplewell Jan 28, 2010 Share 0

This article is for general information purposes only. It is not investment advice or a solution to ...

US unemployment claims 470k vs. 451k

Posted by: Dean Popplewell Jan 28, 2010 Share 0

This article is for general information purposes only. It is not investment advice or a solution to ...

Obama’s State of Union lifts global indices while dollar softens

Posted by: Dean Popplewell Jan 28, 2010 Share 0

A myriad of reasons has been supporting the dollar. Firstly, the dissent from Kansas City Fed Presid...

Dr. Doom Goes to Davos

Posted by: scott Jan 27, 2010 Share 0

The annual meeting of economists, industry leaders, and politicians got under way in Davos, Switzerl...

Fed Holds Line on Rates, Stop MBS Purchase Plan

Posted by: scott Jan 27, 2010 Share 0

The Federal Reserve kept interest rates near zero and restated its intention to cease buying mortgag...

US New Home Sales Fall 7.6%

Posted by: scott Jan 27, 2010 Share 0

Sales of new homes fell by 7.6 percent in December – a somewhat unexpected result in a year th...

FSA chairman calls for direct controls on the supply of credit

Posted by: Alfonso Esparza Jan 27, 2010 Share 0

Britain’s top financial regulator, Lord Adair Turner, said today there was a need for direct c...

Greece may be turning to China for help

Posted by: Dean Popplewell Jan 27, 2010 Share 0

The Financial Times and the Wall Street Journal reported that Greece was turning to China to buy up ...

Obama’s Address to Highlight Job Creation

Posted by: scott Jan 27, 2010 Share 0

President Barack Obama will address Congress tonight in the annual State of the Union speech that in...

Euro Falls to 6-Month Low

Posted by: scott Jan 27, 2010 Share 0

The euro fell to a six-month low versus the dollar as traders moved to the perceived safety of the d...

Davos Forum Predicts “Jobless” Recovery

Posted by: scott Jan 27, 2010 Share 0

Experts at the World Economic Forum meeting this week in Davos, Switzerland feel that the global rec...

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