Expectations of dollar appreciation have weakened
The markets have been calm so far this June. It is of course World Cup month where, historically, vo...
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Greek Ratings Cut Stalls Euro Rally
Investors seemed willing on Monday to set aside fears that Europe’s sovereign debt ...
Citing continued economic risks, Moody’s cuts Greece’s credit rating four points to “junk” status
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Italy’s Debt Nears 2 Trillion Euros
Italy’s debt hit a record 1.813 trillion euros (US$2.2 trillion) in April, gaining 0.8 percent...
Fed Reserve Bank President Says Global Economy is Recovering
James Bullard, President of the St. Louis Federal Reserve Bank, told conference attendees in Tokyo t...
European Debt Losses Threaten Bank Stability
European banks could face liquidity problems and overall profitability could decline should the euro...
UK 2011 Growth Outlook Trimmed to 2.6%
As part of its attempts to improve England’s financial woes, the new Conservative / Liberal De...
EUR small squeeze has begun
The World Cup could not have come at a better time. It is breathing some life back into this jaded m...
Spain says has not, will not make EU aid request
Spain’s economy ministry said on Friday it had not made a request for economic aid from the Eu...
Britain’s Deputy PM Says EU Instability Threatens Recovery
Britain’s newly-minted Deputy Prime Minister Nick Clegg, referred to instability within the Eu...
Japan New PM warns of Public Debt Risk
Japan’s new prime minister, Naoto Kan, today warned that the country risked being sucked into ...
Decline in US Retail Sales Turns Markets Negative
Yesterday’s gains in North American stocks could be in jeopardy in light of the 1.2 percent de...
US core Retail Sales -1.1% vs. +0.1%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
US Retail sales down -1.2% vs. +0.2%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
EUR hobbling higher
Has the market got the momentum to apply ‘the squeeze’ on the weak EU...
SEC Implements “Circuit Breaker” to Protect Stocks
The Securities and Exchange Commission (SEC) has implemented so-called “circuit breaker”...
Gold Weaker as Risk Appetite Increases
Gold prices slipped below $1,225 an ounce while futures for August delivery fell more than $5 to $1,...
More People Than Expected File for US Jobless Benefits
According to the US Labor Department, more people than predicted filed for new jobless claims last w...
Bank of England Keeps Lending Rate Unchanged
The Bank of England announced today that it will keep the overnight lending rate at 0.5 percent. Wit...
ECB Holds Rates at 1%
As expected, the European Central Bank (ECB) upheld the current 1% benchmark lending rate. This mark...