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By Phil Flynn |
February 12, 2013
The G-7 and Eurozone finance minters supposedly were on target for a cease fire in the so called currency war, but the rhetoric yesterday seemed to shake up the falling crude market as an ECB bank official took aim and fired.
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By Simon Kennedy, Bloomberg |
February 11, 2013
The Group of Seven nations are considering saying they won’t target exchange rates when setting policy as they try to calm concern the world is on the brink of a currency war, two officials from G-7 countries said.
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By Patrick Donahue, Bloomberg |
February 6, 2013
German Chancellor Angela Merkel’s government dismissed calls by French President Francois Hollande to steer the euro’s exchange rate, saying currencies should be determined by the market and not managed.
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By Lucy Meakin and John Detrixhe, Bloomberg |
February 4, 2013
The euro fell the most in two weeks against the dollar as Italian and Spanish bonds slumped amid political turmoil in the euro-area’s third- and fourth-largest economies, damping demand for the shared currency.
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By Futures Staff |
February 1, 2013
In a year dominated by crises — both natural and political — squeezing our annual list of largest influencers down to 20 was difficult. One thing this year highlighted was that money and power trump all as we learned that — at least in the banking world — there are...
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By Annette Weisbach |
January 22, 2013
Germany’s biggest bank was asked by the nation’s financial regulator to simulate a split of its consumer banking and trading businesses.
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By Rita Nazareth and Sarah Pringle, Bloomberg |
January 16, 2013
Most U.S. stocks fell, following yesterday’s advance, as economic concern after the World Bank downgraded global growth forecasts tempered a rally in Apple Inc. and investors watched corporate earnings.
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By Joseph Ciolli, Bloomberg |
December 31, 2012
The dollar fell against most of its biggest peers as Senate Majority Leader Harry Reid said he’s hopeful a last-minute U.S. deficit-reduction deal will be reached to protect all but top earners from a tax increase
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By Phil Flynn |
December 3, 2012
The oil market is trying to balance the risk of the U.S. going over the fiscal cliff vs. stronger data out of China and the possibility that the recent Greek bailout drama may have a bullish ending.
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By Allison Bennett and Neal Armstrong, Bloomberg |
November 26, 2012
The euro fell for the first time in six days against the yen as European Union finance ministers gathered for a third meeting this month to try to reach agreement on aid for Greece.
