EUR following the Script?
Papandreou clinched enough votes to pass the first part of an austerity plan aimed at meeting EU aid...
Greece Passes Austerity Bill
A contentious bill that will raise taxes and cut spending has been passed by the Greek parliament. T...
EUR-Sell-No Wait Buy-Off That!
Time to vote. The market appears poised with their fingers on the sell button. Sell, sell, sell, see...
EU Bank Stress Tests Due Mid-July
The European Banking Authority (EBA) continues to court controversy with the way it is administering...
BIS Says Global Interest Rates Must Rise
The Bank for International Settlements (BIS) warned yesterday that ultra-low interest rate policies ...
1 in 6 EU Banks Could Fail Stress Test
A source within the Eurozone banking system said that up to fifteen European banks could fail the so...
EU Says Greece to Accept Austerity Requirements or Face Default
Refusing to approve the austerity requirements set out as part of the emergency funding deal would r...
EUR held to ransom
Capital markets remain focused on the parliamentary vote in Greece and on the long-term funding prog...
US Consumer Spending Slows in May
US consumers tightened the purse strings in May in response to weaker employment and rising inflatio...
BIS Says Interest Rates Must Rise
The Bank for International Settlements (BIS) issued a warning today that unless global interest rate...
How deep is the EURO black hole?
A question that should be answered this week. The Greek parliament is due to vote on their socialist...
Dallas Fed Bank President Sees Improvement in Second Half
In an interview published Friday morning, Federal Reserve Bank of Dallas President Richard Fisher sa...