G7 Leaders Pledge Support for Global Economy
The Group of Seven finance ministers issued a communique assuring investors that the G-7 is united i...
Dollar Falls Following U.S. Credit Downgrade
In the wake of Friday's move by Standard & Poor's dropping The U.S. credit rating from the top tripl...
ECB risk moves working?
It’s done. S&P did what many had only thought they would do. Stripping the US of it...
S&P Downgrades US To AA+, Outlook Negative
The U.S. had its AAA credit rating downgraded for the first time by Standard & Poorâ€â„Â...
Week in review July 31-Aug 5
A week of stress and duress has the market seeing red. Five compact trading days that witnessed the ...
NFP May Ease Recession Fears
One day after a dramatic sell-off in the equity markets, the Labor Department announced that 117,000...
Thanks Cbanks, only NFP now
What a performance by Central Banks this week? They are supposed to alleviate some of the market vol...
Italy Likely to Default Says CEBR
British consulting firm, the Centre for Economics and Business Research, has released a report findi...
Yields Fall to Record Low on Recession Fears
Two-year Treasury yields touched a record low of just 0.28 percent today in response to fears that t...
ECB Holds Rates at 1.5%; Urges Boosting Bailout Fund
Citing a slowing of the economy in the face of the sovereign debt crisis engulfing several Eurozone ...
Central Bank Coordination?
If Trichet announces new measures this morning to ease liquidity conditions or buy Euro area bonds t...
Bank of Japan next, after NFP?
The Swiss had to try something. Intervention has proven too expensive, so why not a surprise rate cu...
Debt Deal Signed But Markets Still Nervous
Despite the House's passing of the debt deal that would raise the borrowing limit, stock market futu...
EURO Bleeds
The US Debt debate seems so long ago and it has not even passed the Senate yet! The Capital market i...
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...