Stock Picks US markets open to strong gains on Friday morning as the news of growth in the US labor market and the fall of the unemployment level to its lowest point in over two years gave investors a reason to be hopeful that the United States economic recovery ...

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, ...

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 ...

Forex News The last minute deal in the Euro zone to contain the debt crisis led to a trouncing of the US dollar, and may have sealed the fate of the greenback.  The agreement made in Europe on Thursday involves a 50% write-down of  Greek debt and will boost the ...

America US markets opened higher on Thursday morning on encouraging earnings and economic reports, and the outline of a plan by European leaders to solve the debt crisis that has been plaguing the Euro zone.  Breaking through the psychologically important level ...

Forex News To what has become the status quo, Monday’s currency markets reflected the underlying pessimism which has been plaguing the Eurozone over the past months. The Euro traded lower against the dollar during the morning as the weekend’s unconvincing summit ...

Europe Just yesterday, we reported that the fate of the European Financial Stability Fund hung in the balance as the Slovakian Parliament voted not to ratify it. The coalition government had made passing EFSF a matter of a vote of confidence and, in the event, ...

Forex News US stocks traded higher on Wednesday morning, and into the afternoon on investor optimism over a resolution to the Euro zone debt crisis.  Investors chose to ignore a disappointing start to earnings season, as Alcoa missed analysts’ forecasts.  ...

Europe The ratings agencies are the bookmakers of the financial world. Their job is to make accurate, dispassionate appraisals of the risks associated with bond issues and the financial health (credit worthiness) of businesses. Latterly, they’ve been much ...

Europe The Bank of England, like most of the world’s central banks, has the remit to keep inflation in check and to provide conditions for economic growth. The Chairman of the Bank of England has described the on-going global financial crisis as the most severe ...