Euro Leaps Higher
For followers of market driven data, the news from the euro zone presents puzzling trends. The European Union and the euro zone are struggling with high unemployment, low manufacturing, low consumer...
View ArticleDoes The Euro Zone Need Germany
For its leadership role in the region, Germany has received much criticism from other euro zone members and the international investment community. At the same time, Chancellor Angela Merkel is...
View ArticleIMF Lowers Boom On International Economies
Christine Lagarde of the IMF is not one to mince words. Known to be critical of the US Treasury’s handling of the Lehman Brothers collapse, the tenacious tigress let her feelings be known just before...
View ArticleGreece Protests Send Message To Brussels
As European Union (EU) leaders met in Brussels with the bailout of Greece a backburner topic, most of Greece’s workforce staged a second national work stoppage in the last three weeks. Tensions in the...
View ArticleGreece Wins For Now
Late Monday night, euro zone finance ministers and the International Monetary Fund (IMF) reached an agreement that gives Greece more breathing room than expected. The agreement came after weeks of...
View ArticleEuro Zone GDP Contracts Further
The 17-nation euro zone output shrank by 0.2 percent in the first quarter 2013 creating the longest recession in the bloc’s history. Projections for the future are not promising. Analysts project...
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Euro, Yen Surge Against US Dollar
More woes and strikes in Greece and disagreement about ECB policy in German high courts could not discourage the euro from posting four-month highs against the USD. The euro reached its highest point,...
View ArticleGreece, Portugal, Spain Wavering
Greece, Portugal and Spain headline separate financial woes in the euro zone’s southern tier but there are other stress points that the Troika (EU-IMF-ECB) will need to put to rest to keep the bailouts...
View ArticleGermany And France Data Prompts Equities Growth
Good news from Germany and France lifted the euro zone out of a prolonged 18 month recession and broadly boosted European equity markets. Germany’s critical economy posted a 0.7 percent growth rate in...
View ArticleInvestors Shift To Peripheries
Emerging markets have borne the weight of punitive flight strategies as investors ahead of the game shift away from core euro zone bonds to euro zone periphery countries that struggled mightily at the...
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