Canadian consumer confidence fell sharply in March to 83.7 from 89.3 in February due to volatile oil prices. Confidence is lower than March 2010, but higher than six months ago.

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S&P have downgraded Portugal and Greece again

US CB Consumer Confidence 63.4 vs. 72

Interest Rate Speculation Boosts Euro

The euro gained on both the yen and the dollar following comments from European Central Bank member ...

Bullard Calls for Fed to End Monetary Easing

St. Louis Reserve Bank President James Bullard was quoted at a conference suggesting it was time for...

Fed’s Bullard says normalization may start before crises end

FED Hawk trumps Trichet

Which hawk can shout the loudest? It seems that investors are comfortable pushing European debt prob...

JPY Falls as Nuclear Radiation Concerns Grow

News today that deadly levels of radiation were detected outside reactor buildings at Japanââ‚...

“Black Swan” Events Precursor to US Stagflation?

In 1965, the British economy faced a two-pronged assault: weak growth coupled with rapidly rising co...

US Pending Home Sales m/m +2.1% vs. -2.8%

Survey Reveals Economists Believe Greece to Default

By a two-thirds margin, a survey of economists sponsored by the BBC World Service reveals that most ...

Warren Buffett says collapse of euro not unthinkable

US Personal Income m/m +0.3% vs. +1.0%

US Personal Spending m/m +0.7% vs. +0.2%

US Core PCE Price Index m/m +0.2% vs. +0.1%

Short dollars does not support the EURO

The market started out being caught flat footed in Asian and ended up with the dollar only making so...

ECB plans emergency scheme for Irish Banks

THE EUROPEAN Central Bank (ECB) is working on an emergency plan to deepen its support for IrelandÃÂ...

Sarkozy party suffers setback in regional polls

Merkel loses Key German State

Merkel Loses Power

Chancellor Angela Merkel's conservatives lost power in a regional stronghold on Sunday, with early p...