Category Archives: News

Reports out of Asia this morning indicated that Japan’s economy grew 0.3 percent in the second quarter of 2012, a number which, although positive, fell quite short of the 0.6 percent that analysts had expected. Continue reading →

The Euro continues to drop as the Dollar and Yen keep rising against it. Many traders are recommending that the Euro should not be bought any time soon. Continue reading →

Markets on Wednesday barely managed to hold onto their rally for the fourth day, but the euro fell 0.3 percent to $1.2359, following its one-month high on Monday of $1.2443. Continue reading →

Concerns about the European debt crisis have instigated contagion fears in the minds of investors worldwide, but recent market movements have shown that investors are now hopeful that the tides are changing and that the European Central Bank may soon t… Continue reading →

Last week Wall Street saw sudden and unexpected volatility as the result of a glitch in the computer of market-maker Knight Capital. Continue reading →

In Asian trading on Monday the euro gained against the US dollar, rising 0.4 percent to $1.2438, the highest in a month, with investors showing renewed optimism after a non-farm payroll report that was surprisingly positive. Continue reading →

On the heels of a disappointing announcement from ECB President Mario Draghi on Thursday, US stocks continued their downward spiral as investors faced dashed hopes that the European Central Bank would take swift action to resolve the region’s debt crisis. Continue reading →

US consumer spending is down, manufacturing has slowed and a disappointing NFP report is expected this week, but the Federal Reserve and its Chairman, Ben S. Bernanke showed restraint in its announcement on Wednesday, fueling consumer concerns and send… Continue reading →

As the world awaits the ECB’s announcement on Thursday, many are preparing for the worst and expecting the European Central Bank to disappoint. Continue reading →

Last week the US stock market saw its biggest two-day gain of 2012, but Monday’s trading saw a significant decline as investors wait anxiously for announcements expected from central banks later this week. Continue reading →