Yearly Archives: 2012

Euro Rises Overnight, Remains Stable

Two days before a critical ECB meeting that is expected to reveal how the European Central Bank plans to help its struggling members, the Euro started climbing. The gains remained stable during Tuesday’s Asian session. Continue reading

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Buying Bonds to Save U.S. Economy

The U.S. Markets are closed today for the Labor Day holiday. The Japanese yen rose against the Australian Dollar to 80.12, New Zealand Dollar to 62.60, and the Euro dropped to 1.2575. Continue reading

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Buying Bonds to Save U.S. Economy

The U.S. Markets are closed today for the Labor Day holiday. The Japanese yen rose against the Australian Dollar to 80.12, New Zealand Dollar to 62.60, and the Euro dropped to 1.2575. Continue reading

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US Data and Today’s Fed Announcement

Reports from the US on Thursday indicated that US consumer spending rose significantly in the past two months, hitting the highest point in the last five months. Continue reading

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US Data and Today’s Fed Announcement

Reports from the US on Thursday indicated that US consumer spending rose significantly in the past two months, hitting the highest point in the last five months. Continue reading

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Asian Stocks Lower as Fed Summit Nears

Asian shares hit a one-month low during Thursday’s Asian session as investors brace themselves for the highly-anticipated remarks of Federal Reserve Chairman Ben Bernanke who will be addressing the Fed Summit in Jackson Hole, Wyoming on Friday. Continue reading

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Asian Stocks Lower as Fed Summit Nears

Asian shares hit a one-month low during Thursday’s Asian session as investors brace themselves for the highly-anticipated remarks of Federal Reserve Chairman Ben Bernanke who will be addressing the Fed Summit in Jackson Hole, Wyoming on Friday. Continue reading

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G-7: More Oil Production Needed

The G-7 countries, long recognized for being the world’s leading industrialized economies, pleaded on Tuesday for a greater oil output from the largest oil-producing countries. Continue reading

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G-7: More Oil Production Needed

The G-7 countries, long recognized for being the world’s leading industrialized economies, pleaded on Tuesday for a greater oil output from the largest oil-producing countries. Continue reading

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Asian Stocks Fall on Weak Japan Data

The last week of August started off with volatility on Monday as German reports confirmed the country’s weakest business confidence index since 2010. Continue reading

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