US Durable Goods Orders Jump 4%
July's order for U.S. durable goods beat expectations jumping by 4 percent on greater demand for aut...
Japan Suffers Credit Rating Downgrade
Japan became the latest sovereign nation to receive a credit rating downgrade today as Moody's Inves...
Again the EUR fails to weaken!
The lack of a EUR selloff this morning, in the wake of a poor Euro industrial order print (-0.7%) an...
Yen Falls as Officials Pledge Action on Currency
In response to a record high of 75.95 yen to the dollar, Japan’s Finance Minister Y...
German Manufacturing Better Than Expected
The German Manufacturing Purchasing Manager's Index remained at a better-than-expected 52 for the mo...
European Stock Markets Rise on Fed Speculation
Stock markets in Europe gained 1-2 percent in morning trading on growing speculation that the U.S. F...
Merkel Describes Eurobonds as “Wrong Answer”
In an interview earlier today on German television, Chancellor Angela Merkel expressed her clearest ...
Gold Prices Could Go “Parabolic”
Gold prices continue to rise as investors turn to the metal for protection from plunging equity pric...
Oil Prices Decline as Libya’s Output Expected to Rise
With the apparent overthrow of the Muammar Gaddafi regime now all but a given, oil prices have decli...