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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 John Detrixhe and Joseph Ciolli, Bloomberg |
February 6, 2013
The euro fell toward a one-week low versus the dollar as European Central Bank policy makers prepared to meet tomorrow amid political and banking turmoil that threatens to renew the region’s sovereign-debt crisis.
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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 John Detrixhe and Lucy Meakin, Bloomberg |
February 5, 2013
The yen touched the weakest level in almost three years against the dollar after the Bank of Japan governor said he will step down early, accelerating a transition that may aid the prime minister’s plan for aggressive easing.
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By Fabio Benedetti-Valentini and Helene Fouquet, Bloomberg |
December 19, 2012
French Finance Minister Pierre Moscovici introduced a bill designed to force the country’s largest banks to fence off proprietary trading activities in dedicated units.
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By Phil Flynn |
November 20, 2012
Cease fire hopes rise along with the oil market. Secretary of State Hillary Clinton makes her way to the Middle East to broker what more than likely will be a cease-fire between Israel and Hamas.
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By Helene Fouquet and Adria Cimino |
November 14, 2012
As France begins collecting its financial-transactions tax, it is becoming evident that the levy is missing those it was aimed at: speculators.
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By Liz Capo McCormick and Daniel Kruger, Bloomberg |
October 22, 2012
The world’s biggest bond traders say the Federal Reserve will decide before year-end to buy Treasuries in addition to purchasing $40 billion of mortgage bonds a month
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By Nikolaj Gammeltoft and Rita Nazareth, Bloomberg |
October 19, 2012
U.S. stocks fell, sending benchmark indexes toward their biggest declines since June, as Microsoft Corp. and General Electric Co. results missed estimates and euro-area leaders failed to discuss aid for Spain at a summit.
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By Rebecca Christie and Tony Czuczka, Bloomberg |
October 19, 2012
German Chancellor Angela Merkel said it’s an open question whether European policy makers can meet the deadline they’d set hours earlier to establish a euro-area bank supervisor by year-end.
