US Economy Grows 3.2% in 1st Quarter
The US Commerce Department said today that the economy grew by 3.2 percent during the first quarter....
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Greece Riots as EU Nears Agreement on Bail-Out
Protesters stormed the office of the Greek Finance Minister to vent their anger at the austerity mea...
CAN GDP m/m 0.3% vs. 0.6%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
US advanced GDP q/q 3.2% vs. 5.6%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Month-End needs Overshadow Greece and China
Simply put, today is month-end. Traders all week have been consumed with the peripheral market noise...
Roubini Says Higher Debt, Defaults Means Inflation Inevitable
Nouriel “Dr. Doom” Roubini told an audience at the Milken Insitute Global Conference, th...
Trichet Pressures Germany to Fast-Track Approval
European Central Bank President Jean-Claude Trichet, urged Germany to move as quickly as possible to...
US New Jobless Claims Fall for Second Straight Week
The US Labor Department said today that the number of new unemployment claims fell for the second st...
US Unemployment claims +448k vs. +442k
Content is for general information purposes only. It is not investment advice or a solution to buy o...
European Confidence improves to a 2-year high 100.6 vs. 97.6 m/m
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Rating Agencies are Over-rated, China could Re-value this Weekend
The stability of the EURO zone is at stake if a 45b EUR loan package for Greece canâ€â„Â...
S&P cut`s Spain long term outlook . Euro$ falls 50 points to 1.3150.
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Euro Bounces Back After Hitting Year-Long Low
The euro showed signs of recovery this morning after falling to a year-long low of US$1.3143 as inve...
Greek Borrowing Cost Could Top 10%
Following yesterday’s assignment of “junk” status to Greek debt by ratings agent S...
Greece Bans Short-Selling as Debt Panic Spread Through Europe
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Markets Expected to Suffer as Greek Debt Crisis Worsens
European stock markets took a broadside hit this morning following the ratings cut Standard & P...
Greek Contagion Spreads as Trichet Heads to Germany
The Euro has its biggest one day decline in a year yesterday as the debt crisis intensifies and the ...
Greece’s Credit Rating Cut to Junk Status
Greece has earned the dubious distinction of being the first Eurozone member to have its credit rati...
Fabrice “Fab” Tourre to Address U.S. Senate
In a prepared statement released prior to today’s scheduled testimony to the US Sen...
Fabrice “Fab” Tourre to Testify Before U.S. Senate
Fabrice Tourre, the now-suspended Goldman Sachs trader, is scheduled to testify before the US Senate...