Moody’s Warns Debt Contagion Threatens Euro
The Moody’s ratings agency said today that the threat of debt contagion arising from the Greek...
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CAN building permits +12.2% vs. +0.6%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
US unemployment claims 444k vs. +441k
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ECB as expected holds steady at +1%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Trichet and Co. What are you going to do for me?
Capital Markets expect the ECB to keep rates unchanged this morning. Investors will be focusing inte...
ADP Employment Report Shows US Added 32,000 Jobs in April
The ADP Payroll report released this morning shows that private companies in the US created 32,000 n...
Eurozone Expected to See 0.9% Growth for 2010
The European Commission has upgraded its earlier annual growth prediction for the Eurozone to 0.9 pe...
Portuguese 10-yr Bund premium rises to record 280bp
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Moody’s may cut Portugals Aa2 rating
Content is for general information purposes only. It is not investment advice or a solution to buy o...
ADP Non-Farm Employment Change +32k vs. +29k
Content is for general information purposes only. It is not investment advice or a solution to buy o...
EUR losing Stamina and Will to Exist
Spain says its madness. They are not in need of an EU bailout. Capital markets beg to differ, pushin...
Market Worries Greek Rescue Deal Could Collapse
The $145 billion (110 billion euros) rescue deal brokered by the EU members states and the Internati...
Greek Workers Call for Massive Protests
The euro continued to lose ground today as Greek public sector union leaders call for an increase in...
China’s Manufacturing Rate Slows
China’s Purchasing Manager’s Index fell to 55.4 from 57 in March in a sign that efforts ...
EUR barriers at 1.3050
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BIS has been on the bid in EUR at 1.3085
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Trichet and Co. are ‘lousy poker players’
The definition of a ‘Greek Tragedy’ is applying for another credit ca...
Greek Rescue Plan Comes With Steep Price
The on-going euro saga does not end with the announcement that the European Union will pony up US$14...
Futures Traders Still Bearish on the Euro
Despite the weekend deal that will see Greece meet its upcoming debt repayments, futures traders are...
US Consumer Spending on the Rise
The month of May got off to a strong start in the US with an announcement by the Commerce Department...