ECB Again Signals Interest Rate Hike
Comments made today by European Central Bank President Jean-Claude Trichet once again point to a lik...
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Little Change to US Unemployment Applications
The number of new applications for unemployment benefits declined by only 1,000 to a seasonally-adju...
US Unemployment Claims +428k vs. +419k
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CAD GDP m/m +0.0% vs. +0.3%
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EUR following the Script?
Papandreou clinched enough votes to pass the first part of an austerity plan aimed at meeting EU aid...
Greece Passes Austerity Bill
A contentious bill that will raise taxes and cut spending has been passed by the Greek parliament. T...
CAD CPI m/m +0.7% vs. +0.3%
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CAD Core CPI m/m +0.5% vs. +0.2%
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EUR-Sell-No Wait Buy-Off That!
Time to vote. The market appears poised with their fingers on the sell button. Sell, sell, sell, see...
Protests turn violent in Greece as EU warns Greek lawmakers the country faces immediate default unless it backs austerity plan
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French Finance Minister Christine Lagarde was named the new head of the International Monetary Fund
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EU Bank Stress Tests Due Mid-July
The European Banking Authority (EBA) continues to court controversy with the way it is administering...
Confidence among U.S. consumers unexpectedly fell in June to a seven-month low
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BIS Says Global Interest Rates Must Rise
The Bank for International Settlements (BIS) warned yesterday that ultra-low interest rate policies ...
1 in 6 EU Banks Could Fail Stress Test
A source within the Eurozone banking system said that up to fifteen European banks could fail the so...
EU Says Greece to Accept Austerity Requirements or Face Default
Refusing to approve the austerity requirements set out as part of the emergency funding deal would r...
Trichet-Strong vigilance mode on inflation-Potential rate hike on July 7
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German Prelim CPI +0.1% on month; +2.3% on Year
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EUR held to ransom
Capital markets remain focused on the parliamentary vote in Greece and on the long-term funding prog...
US Consumer Spending Slows in May
US consumers tightened the purse strings in May in response to weaker employment and rising inflatio...