Britain’s Deputy PM Says EU Instability Threatens Recovery
Britain’s newly-minted Deputy Prime Minister Nick Clegg, referred to instability within the Eu...
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Japan New PM warns of Public Debt Risk
Japan’s new prime minister, Naoto Kan, today warned that the country risked being sucked into ...
Decline in US Retail Sales Turns Markets Negative
Yesterday’s gains in North American stocks could be in jeopardy in light of the 1.2 percent de...
US core Retail Sales -1.1% vs. +0.1%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
US Retail sales down -1.2% vs. +0.2%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
EUR hobbling higher
Has the market got the momentum to apply ‘the squeeze’ on the weak EU...
SEC Implements “Circuit Breaker” to Protect Stocks
The Securities and Exchange Commission (SEC) has implemented so-called “circuit breaker”...
Gold Weaker as Risk Appetite Increases
Gold prices slipped below $1,225 an ounce while futures for August delivery fell more than $5 to $1,...
More People Than Expected File for US Jobless Benefits
According to the US Labor Department, more people than predicted filed for new jobless claims last w...
Bank of England Keeps Lending Rate Unchanged
The Bank of England announced today that it will keep the overnight lending rate at 0.5 percent. Wit...
ECB Holds Rates at 1%
As expected, the European Central Bank (ECB) upheld the current 1% benchmark lending rate. This mark...
Investors seek a credible Trichet
The ECB’s independence and credibility has been called into question since TrichetÃ...
Fed Beige Book Shows “Modest” Improvement
The US Federal Reserve Beige Book report shows that overall, economic activity improved in the US la...
China Records 50% Increase in Exports
China released its latest exports figures which included a 50 percent increase year-over-year for th...
RBA Head Says Europe’s Woes Spell Trouble for Global Economy
Glenn Stevens, President of the Reserve Bank of Australia, issued a warning that the ongoing strife ...
Finland Slips Back Into Recession
In what could be a harbinger of things to come in Europe, Finland officially fell back into recessio...
EUR in no-mans land
Bernanke comments that the US economic recovery is moving at a ‘moderate paceââ‚...
Millions Protest Spanish Government Spending Cuts
Unions representing nearly three million Spanish workers called for country-wide strikes today as th...
US Small Business Confidence on the Rise
The National Federation of Independent Businesses released its optimism index for May which increase...
Bernanke Sets Conditions for Rate Increase
In a US television interview last night, Federal Reserve Chairman Ben Bernanke said that the Federal...