EU ministers press Greece on extra deficit cuts
Sweden’s finance minister said on Tuesday Greece’s deficit-reduction plan was not enough...
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Japan economic growth exceeds expectations
Japan’s economy grew by a better-than-expected 1.1% in the final quarter of last year, accordi...
EU’s stoic stance is a market positive for the EUR
We are back. With Chinese New Year and US president’s day out of the way, North Ame...
Societe Generale SA’s top-ranked strategist Albert Edwards says Euro Zone headed for breakup
Content is for general information purposes only. It is not investment advice or a solution to buy o...
China Raises Bank Reserve Minimums Over Inflation Concerns
The People’s Bank of China has increased bank reserves minimums by 0.5 percent or 50 basis poi...
German economic recovery falters
The German economy failed to grow at all in the last three months of the year, with GDP unchanged co...
Gold slides as dollar rises
Gold fell 1.5 per cent to below $1,080 (U.S.) an ounce on Friday as the U.S. dollar hit a seven-mont...
France Backs Weber In Race For ECB Presidency
France has promised the German government that it will support Bundesbank President Axel Weber in th...
China Raises Bank Reserve Ratio to Cool Fastest-Growing Economy
China ordered banks to set aside more deposits as reserves for the second time in a month to cool th...
European banks have a $2.3 trillion PIIGS stake, EUR cannot fail
Let’s put some things into perspective. According to the BIS, banks in Germany and ...
New US Unemployment Claims Better Than Expected
The US Labor Department said today that the number of new unemployment claims fell more than expecte...
Spain Fails to Escape Recession
Spain – Europe’s fifth largest economy – failed to escape recession, shrinking ano...
EU Reaches Deal on Greek Debt
European Union President Herman Van Rompuy announced today that EU leaders have reached a deal to he...
US unemployment claims 440k vs. 460k
Content is for general information purposes only. It is not investment advice or a solution to buy o...
EU Demands Greek Budget Cuts, Pledges to Uphold Euro Stability
Euro-region leaders ordered Greece to get the bloc’s highest budget deficit under c...
US Jobless Suffer With Corporate Cash Climbing to $1.19 Trillion
A majority of companies in the Standard & Poor’s 500 stock index increased cas...
Swiss inflation picks up more than forecast in Jan
Inflation in Switzerland accelerated in January by more than analysts had expected, indicating that ...
Australian Jobs Surge Reignites Talk of Rate Hike
Australian employment surged past all forecasts for a fifth straight month in January while the jobl...
Euro Zone Reaches Deal to Help Greece: EU President
Several key euro zone officials have reached a deal to help Greece in its debt crisis, European Unio...
Germany bears the weight of the EUR
What choice do they have? Reluctant German leaders by day’s end will be forced to h...