BoE votes 5-4, King votes with minority to expand QE
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Pound regains initial BoE losses. Further QE but not yet
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Germany , Finland and Austria all opposing more funds for greece
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EU Source: Fiscal consolidation in Greece has completely derailed
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UK unemployment rate decreased in Q1
According to the Office for National Statistics (ONS), unemployment in the UK fell by 51,000 to 2.61...
FED to Support EUR?
It’s that time again, the Fed to the rescue or not? Helicopter Ben and his buddies will eithe...
Guardian: Implies that Merkel has agreed to the EFSF/ESM to buy sovereign debt
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US May Housing Starts Fall -4.8%
Builders in the U.S. broke ground on fewer homes than forecast in May as a slump in the construction...
Spain in the spotlight, Merkel under G20 Pressure
Group of 20 leaders focused their response to Europe’s financial crisis on stabilizing banks ...
Merkel Coalition: German court ruling won’t delay ESM
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EZ office: Greek aid could be tweaked but debt must come down
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Spain auctions EUR639m 18-mths Bills, +5.35% vs +3.404%
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Spain Auctions EUR2.4b 12-mths Bills, avg yld +5.2% vs +3.1% May 14
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Greece’s Pasok says to have govt as soon as possible
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China: May net FX buys CNY23.4b, Apr 60.6b sales
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G20 ramps up pressure on Europe over debt crisis
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Plethora of EUR Support?
Last weekend’s Greek election has done little to comfort investors despite a victory from the...
Housing Market Healthier after NAHB Index Continues to Improve
The NAHB/Wells Fargo index moved by 1 point today to register 29 points in June. After a very impres...
EU Chiefs Signal Greek Austerity Softening
European governments signaled a willingness to relent on Greece’s austerity measures as leade...
Europe gets EM Ultimatum as G20 Meet
European leaders are under pressure at the Group of 20 summit in Mexico to stamp out the debt crisis...