The fallout from the European financial crisis and resulting recession in Europe appears to be weighing even more heavily on global economic growth. read on...
Here’s a bit of wisdom: The trend will continue until it doesn’t. Initial jobless claims took a deep dive, China didn’t fall off a cliff and JP Morgan’s second-quarter earnings report swatted away a $5 billion-plus trading loss with all the insouciance of Croesus minting gold coins. read on...
News and information provider Thomson Reuters Corp. (NYSE:TRI) said it has agreed to buy forex trading portal FX Alliance Inc. (NYSE:FX) for $22 per share in cash. Following the news, shares of FX jumped 39.17% in premarket. read on...
The outcome of the Greek election reduces the probability of a near-term collapse of the Eurozone. However, the problem in the euro area is not fixed. read on...
So far, the fallout from the European financial crisis has had a limited impact on the U.S. economy. However, the reverberations from Europe’s troubles are certain to wash up on U.S. shores, as the economic and financial ties between the U.S. and Europe are deep and long running. read on...
Investors are expected to buy more Treasury notes and bonds as the worsening Eurozone debt crisis would read on...
Yesterday, we wrote an article titled Will Greece Exit Euro? Today we will see if it matters is Greece read on...
The market is digesting the fact that the era of a predictable and steady Renminbi (RMB) appreciation is at read on...
It appears that the day is loaded with negative sentiments. First it was China that dragged down global read on...