German bond flop rattles the markets

Forex News A mixed reaction hit the markets on Wednesday as news that the underlying negative sentiment for almost everything European finally began to creep upon the largest economy in the region. Germany, who had seen a dismal uptake of under two thirds of its ...

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, ...

The non-political and the Euro

Forex News The Euro had a confusing day today as the positive news that technocrat Mario Monti would lead the new Italian government was tempered by the surprise announcement that he too would be the new finance minister. Markets are generally fearful of anything ...

Devalued Euro is not all bad news

Forex News The Eurozone grew by only 0.2% in the third quarter, reaffirming the view that the region is potentially slipping towards recession. The omnipresent threat of debt is hanging like a grey cloud over many of the regions nations, exacerbated by low productivity ...

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 ...

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 ...

Markets Rally On News Of EU Deal

Forex Fundamentals Well, it has been a long time coming and, it could be argued, should have happened months ago, but a deal has been done which should put a bottom under the sovereign debt crisis in Europe – for a while at least. European Union leaders have agreed a ...

Eurozone leaders fail to inspire

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 ...
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