US Debt Ceiling Highlights
The debt ceiling deal still needs to be passed by both Houses of Congress. The Senate is expected to...
Republicans try to save Debt Bill
US Republican leaders are scrambling to rescue their deficit-cutting bill hours after a vote on it s...
Central Bank of Ireland Cuts Growth
The Central Bank has lowered its economic forecast for the year, predicting the economy will grow by...
Loonie Suffers after Weak Growth Report
The Loonie extended its losses versus its U.S. counterpart after a report showed Canadaâ€â...
Flash US Growth Disappoints
The U.S. economy grew less than forecast in the second quarter, after almost coming to a halt at the...
Three More Strikes against the EURO
Euro-sovereign debt fear is again dominating this mornings market. Moody’s has plac...
Swiss Franc the New Reserve Currency?
In times of uncertainty, nervous investors historically tend to gravitate towards the CHF and JPY. T...
Italian Bonds Decline After Borrowing Costs Rise
Italian bonds fell for a second day, increasing the yield spread over German bunds, after the nation...
Japan’s retail sales rise
Retail sales in Japan have risen for the first time since the earthquake and tsunami hit the country...
Jobless Claims in U.S. Decreased to Three-Month Low
Applications for unemployment benefits dropped last week to the lowest level since April, a sign the...
House Debt-Limit Vote Sets Stage for Showdown
The House of Representatives planned to vote today on a debt-limit increase proposal that confronts ...
EUR Longs Getting out of Dodge for a Few Days
It’s time. Before yesterday’s session, the EUR seemed suspended in...