Currency Exchange Week 17/2012
Europe Yesterday marked the start of the presidential elections in France, and the first round of voting began. At the end of the day’s voting, the leader was Francois Hollande by a slight margin. Citizens and governments all over Europe are said to be ...
New $170B Greek Bailout, 5 Year CDS Graphs
Europe European countries reached an agreement a few hours ago to once again save Greece from defaulting with a new EUR130 billion ($170B) bailout. Of course it’s not hard cash but actually more loans given to a country which struggles to get out of recession ...
S&P 500 Dictates the global trend
America Once again, the domination of risk sentiment in determining the general trends of currency values worldwide was evident again today. The strong correlation between the largest U.S stock index, the S&P500, and major currency pairs offers an insight ...
Little Chance Of Success By Super Committee To Come To Budget Deal
America In a move that is surprising to almost no one who has been following United States politics, the United States Super Committee has plans to announce on Monday that it has failed to complete its charge of tackling the mounting debt issue in the US. On ...
Spain and Italy look towards the bail-out fund
Europe The euro gained steadily on Friday as markets corrected on reflection of the US dollars overbought status. The safe-haven currency has been widely in demand this week as bond yields of several European countries remain high and, specifically, the Italian ...
European Debt Crisis Sparks Increase In Hedging Activity For Banks
America The United States stock market futures pointed to a higher opening on Friday morning, in spite of vexations over the state of the European union’s lingering debt crisis and Thursday’s demonstrations seen in the United States, Italy and Greece, ...
Will The Foreclosure Slowdown In The US Prolong A Recovery In Housing?
America The US economy has been struggling to recover from the financial crisis of 2008, as modest improvements in the labor market and consumer confidence have lifted hopes of an improvement in the economy, the housing market has remained stubbornly sluggish. At ...
Markets uncertain at the European outlook
Europe European growth forecasts were slashed on Thursday amongst increasingly uncertainty about the economic health of the forthcoming year. The figure was previously a modest 1.8% growth expectations coming from many analysts who believed that the majority ...
Italy next to face the bond yield crisis
Europe The Euro project was supposed to be the most progressive and unified monetary venture ever created, spreading wealth and allowing the exchange of goods across a prosperous and strong economic region. Today’s Euro project , however, looks increasingly ...
Is Italy Poised To Be The New Greece?
Europe Investors watching the US Labor Department non-farm payroll report had reason to be optimistic, as the dip below 400,000 in unemployment claims seems to indicate a light at the end of the tunnel for the country’s ailing labor market. The US labor ...
