Senior EU official says bailout for Greece “not possible”
This article is for general information purposes only. It is not investment advice or a solution to ...
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Japan’s finmin pressures BOJ, deflation deepens
Japan’s finance minister urged the Bank of Japan on Friday to align policy with the deeply ind...
Greece’s Debt Weighs Down Euro
The euro fell to its lowest point in six months against the dollar today as investors continue to sh...
Eurozone Unemployment Reaches 10%
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
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
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
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
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’
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%
This article is for general information purposes only. It is not investment advice or a solution to ...
US unemployment claims 470k vs. 451k
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
A myriad of reasons has been supporting the dollar. Firstly, the dissent from Kansas City Fed Presid...
Dr. Doom Goes to Davos
The annual meeting of economists, industry leaders, and politicians got under way in Davos, Switzerl...
Fed Holds Line on Rates, Stop MBS Purchase Plan
The Federal Reserve kept interest rates near zero and restated its intention to cease buying mortgag...
US New Home Sales Fall 7.6%
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
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
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
President Barack Obama will address Congress tonight in the annual State of the Union speech that in...
Euro Falls to 6-Month Low
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
Experts at the World Economic Forum meeting this week in Davos, Switzerland feel that the global rec...