Merkel and Sarkozy need Today’s Philly Fed to Bounce
Currently, the market is betting on “convincedâ€Â, Merkel and Sarkozy are...
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Cracks Appear in Merkel’s Coalition as Debt Crisis Worsens
Fears that Greece is heading towards an inevitable default have increased significantly in the past ...
China Willing to Buy Euro Debt – With Conditions
National Development and Reform Commission Vice Chairman Zhang Xiaoqiang expanded on earlier comment...
French Bank Credit Ratings Latest Euro Debt Victim
Over concern that the large exposure French banks have to Greece’s debt, Moody’s rating ...
Banks Say Canada Could Be First to Return to Recession
It appears that it is no longer a case of “if” the global economy will fall back into re...
SocGen and Credit Agricol downgraded “only” one notch-Moody’s
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CAD Capacity Utilization Rate 78.4% vs. 78.9%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
USD Core PPI m/m +0.1% vs. +0.4%
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USD PPI m/m +0.0% vs. +0.2%
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USD Retail Sales m/m +0.0% vs. +0.3%
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USD Core Retail Sales m/m +0.1% vs. +0.3%
Content is for general information purposes only. It is not investment advice or a solution to buy o...
EURO Bleeding Persists
Merkel and company have been out in full force providing rhetoric support for the EURO idea, trying ...
Italy Says China-Based Investment Firm to Buy Bonds
Italian officials announced that China Investment Corporation (CIC) was expected to buy Italian bond...
Merkel Warns of “Domino Effect” If Greece Defaults
German Chancellor Angela Merkel told a radio news program today that should Greece default and exit ...
USD Import Prices m/m -0.4% vs. +0.3%
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Merkel’s Pos-Still Long EURO’s
Merkel seems to burning the candle at both ends and doing everything in her power to prevent a Greek...
Euro Declines to Seven-Month Low on Renewed Debt Concerns
Speculation that Germany is prepared to allow Greece to default had investors fleeing the euro in tr...
Greece Default Fears Drag Euro Lower
Renewed fears of Greece defaulting on its debt obligations has investors abandoning the euro for the...
OPEC Reduces Global Oil Demand Forecast
OPEC cut its forecast for global demand for oil based on a revised economic outlook for the U.S. The...
No ‘We’ in EURO hurts Currency
Last week ended on a sour note with the market being spooked by default provisioning talk. This morn...