In Portugal, More Cuts on Way to Ease Debt Crisis Schumer sees deal this week on immigration Kerry struggles to get Turkey to mend Israel ties
German experts question legality of ECB bank supervision plans ECB must cut rates or risk crisis again – Roubini IMF’s Lagarde keeps pressure on ECB ECB: Nearly half of bond holdings from Italy
Some Lawmakers Signal Openness To Grand Deal On Deficit. Anti-Euro Party Mobilizes in Germany. UK to pledge investment to aerospace industry. Jack Lew’s First Foreign Trip
Jim O’Neill, the economist of the Goldman Sachs and the famous inventor of the acronym ‘BRIC” that implies to the shifting of the global economic power, said that euro could be extinct by 2020. His opinions were presented at the delegates’ meeting in the Spring Ambrosetti Forum by Lake Como. At that meeting, many delegates [...]
Stocks: Bull takes a breatherChina Says Willing to Discuss Cyber Security with the U.S.US futures move lower as investors lock up profitsObama Aide Demands China Stop Hacking
Stocks: Bull takes a breatherUS futures move lower as investors lock up profitsObama Aide Demands China Stop HackingU.S. Futures Point to Lower Open
Britain’s Osborne set for lonely fight on EU bank bonus capProperty Stocks Sink ShanghaiItaly’s Grillo says he supports non-binding online vote on euro
The ECB has possessed its new 5-euro note, which replaces the 14-year-old currency. Currently, they apprehend interest rates at a record short of 0.75 percent. It hints that Europe has not yet recovered from the financial depression. However, according to Mario Draghi, the European Central Bank’s president, the euro will possibly overcome the recession and [...]
Mario Draghi, the head of ECB, is willing to preserve the currency euro at any cost. However, the governing council of the bank has found his pledge conflicting. He has planned to purchase sovereign bonds from the member states of the euro-zone facing critical economic troubles, which many oppose in the fear that things could [...]
The consequences of Greece’s financial crises have directed the spotlight to the eurozone again. The viability and usefulness of an economic block, comprising with partners of unequal strength, as eurozone has been facing a question mark given that other two members Spain and Portugal are also confronting the same problems. The solutions of the problems [...]
Benoît Coeuré says conditions were very dangerous in autumn of 2011 and banks faced severe difficulties to fund themselves
UK government making urgent preparations to cope with the fallout of a possible Greek exit from the single currency
Shadow chancellor follows Peter Mandelson in calling for Britons to renew EU marriage vows and attack lack of growth
Share prices rise, euro rallies and bond market pressure eases amid hopes of Greek coalition and Spanish bank bailout
• Further measures expected in wake of Bankia bailout
• Analysts warn outflow of investment is ‘disruptive’
Euro stops slid against Yen after Netherlands sold 2 billion euros of bonds. Netherlands sale managed to give boost Euro performance against Yen after halted its biggest slide in two weeks. Details!!!!! Euro Snaps Decline Against Dollar After Netherlands Sale The euro halted its biggest slide in two weeks against the yen as the Netherlands [...]
Euro candlestick chart signaling bottoming out. According to trading patterns, Euro shows a good signal with closing price is higher than the opening level. The euro was little changed 107.25 yen as of 10:45 a.m. in Tokyo!!!!! Euro May Advance From Two-Month Low: Technical Analysis The euro may extend its rally from a two-month low [...]
Spain debt sales more than expectation causes Euro stays stronger against Dollar and Yen. Euro maintain its higher position against Dollar and Yen after Spain debt sales managed to exceed the expectation. Details!!!!! Euro Stays Stronger Against Dollar, Yen After Spanish Debt Sale The euro stayed higher against the dollar and yen after Spain sold [...]
Euro weakens against Dollar and Yen during the anticipation of Spanish debt sales. Spanish debt sales and German confidence data implicated to the drop of Euro against peers. Details!!!!! Euro Declines Before Spanish Debt Sale, German Sentiment The euro weakened against the dollar and yen as Spain prepares to sell debt in a market where [...]