Friday 25 Nov 2011
European Central Bank (ECB) Executive Board member Jose Manuel Gonzalez-Paramo exhorted Euro Zone politicians to adopt bold measures towards fiscal union in order to put an end to the debt crisis and ... Read More
Friday 25 Nov 2011
European stocks have opened flat as U.S traders prepare for a shortened trading session on Wall Street. Today is Black Friday, the start of the Christmas retail season. Consumer spending behaviour wil... Read More
Friday 25 Nov 2011
Credit rating agency Moody’s has cut Hungary’s government bond rating by one notch to Ba1 from Baa3 with a negative outlook. As such, Hungary loses its investment grade status after it requested the I... Read More
Friday 25 Nov 2011
The euro demonstrated surprising resilience following yesterday's conference between the three most powerful European leaders who met to discuss the economic crisis. Read More
Thursday 24 Nov 2011
French president Nicolas Sarkozy, German chancellor Angela Merkel, and Italian prime minister Mario Monti held a press conference following their meeting in Strasbourg on Thursday in which they repris... Read More
Thursday 24 Nov 2011
Ratings agency Fitch has downgraded Portugal’s credit rating to BB+ from BBB- with a negative outlook. This places Portugal's rating at non-investment grade level. Read More
Thursday 24 Nov 2011
The European Central Bank (ECB) could be considering new two- and three-year liquidity operations amid concerns of a new credit cruch, reports Reuters. Read More
Thursday 24 Nov 2011
Strasbourg take centre stage on the Eurozone arena today. Important meetings are being held at the French city today. German Chancellor Angela Merkel and French president Nicolas Sarkozy meet with Ita... Read More
Thursday 24 Nov 2011
On wednesday, ratings agency Fitch reiterated its triple-A rating for France with a stable outlook. However, it warned that ratings were at risk of a downgrade in France as well as the Eurozone in gen... Read More
Thursday 24 Nov 2011
The IFO Institute´s German business confidence index for the month of November has come in at 106.6 points compared to 106.4 for the previous month. Read More
Thursday 24 Nov 2011
European stocks open the trading session with an average gain of 0.50% while Wall Street rests for Thanksgiving Day. Markets maintain a bearish bias due to the fiscal problems in the United States and... Read More
Thursday 24 Nov 2011
European stocks open the trading session with an average gain of 0.50% while Wall Street rests for Thanksgiving Day. Markets maintain a bearish bias due to the fiscal problems in the United States and... Read More
Thursday 24 Nov 2011
Spain's unemployment rate could reach 27% by the end of 2012, the equivalent of six million unemployed people, according to a report by JP Morgan. Read More
Thursday 24 Nov 2011
The German economy has seen steady slowdown since the first quarter when it registered the best growth since the Berlin Wall came down. Read More
Thursday 24 Nov 2011
Are the fears regarding the imminent demise of German debt and the European single currency justified? Read More
Thursday 24 Nov 2011
The dollar rose against major currencies on Wednesday as investors watched in disbelief at Germany's failure to attract adequate interest in its bond sale. Read More
Wednesday 23 Nov 2011
Fitch issued a report on Wednesday in which it reiterated its triple-A rating for French sovereign debt with a stable outlook. Read More
Wednesday 23 Nov 2011
US durable goods order fell 0.7% month-on-month (+9.2% year-on-year) in October according to the latest data from the US Census Bureau. The market consensus was expecting a fall of 1.1% for October. T... Read More
Wednesday 23 Nov 2011
Initial weekly unemployment claims rose by 2,000 to 393,000 last week, according to the latest data from the US Labour Department. Read More
Wednesday 23 Nov 2011
More negative headlines arrived from Greece today as the country’s central bank announced that the Greek economy could contract by another 5.5% or more this year. Read More
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