
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 ...
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 ...
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 ...
The return of the Drachma?
Europe Greece is in the process of making a U-turn on it’s democratic, but somewhat predictable, decision to hold a referendum on its bailout options. Predictable not in the sense that it was something which was bound to happen in the cradle of democracy that ...
Super Commissioner Rescues Europe
Europe Risk appetite returned to the markets today as investors felt a breeze of confidence from the EU crisis summit . The calming words from Mr. Barroso were the catalyst for a return to riskier assets for traders who had resigned themselves to a winter of ...
Noises Off
Europe The weekend saw an extraordinary meeting of leaders of the 27 member strong European Union group of nations. The main item on the leader’s agenda was how to reassure the markets that they could contain the sovereign debt crisis and ensure that financial ...
Embers of Optimism Glow At Last
Europe You may ask yourself what, exactly, was the shortage or crisis that triggered the global financial crisis; war, pestilence, commodity crunch, natural disaster or the discovery that Elvis Presley is alive and well and working at a local chip shop? The ...


