UK-Style Austerity Trap
The chanting may be louder and the protests more violent but like Greece, the UK is suffering throug...
Canada Adds 28k New Jobs
For the third straight month the Canadian economy gained new jobs with another 28,400 more added in ...
U.S. Employment Report Disappoints
This morning's Non-Farm Payroll showed only 18,000 new jobs were created in the month of June. This ...
NFP to play second fiddle to EURO crisis
What is NFP capable of bringing to the table? Better job news. Market consensus is around +100k with...
New Claims for US Unemployment Benefits Falls to 418k
The number of new claims for US unemployment benefits declined by a seasonally-adjusted 14,000 to 41...
ECB Raises Interest Rates; BofE Holds Line
The euro was boosted today by news that the European Central Bank (ECB) was lifting the benchmark in...
EUR Remains Vulnerable No Matter What
The dollar has consolidated ahead of the ECB rate announcement, with the market expecting the ECB to...
Portugal Downgraded to “Junk” Status
Bond rating service Moody's has downgraded Portugal's long-term debt to junk status. The news, coupl...
EUR in the Crosshairs
Sovereign debt contagion fears have resurfaced, with bank stocks suffering the brunt of investor sel...
Weaker Euro Retail Sales
A 1.1 percent decline in Eurozone retail sales is the latest indicator to suggest the Eurozone econo...