Show me the euros! Greek government continues to claim the progress is being made on a debt deal. No one else sees it, though
Today the International Monetary Fund, one of the sources of any cash for Greece, explicitly put the kibosh on any quick and dirty deal. It’s work out all the details or no cash, the IMF said. And European leaders made it clear that they would not go ahead with any cash for Greece without the IMF
On slower than expected U.S. retail sales, a weaker U.S. dollar again pressures shares of European exporters
Today’s pattern is a familiar one lately: Negative news on the U.S. economy sends the dollar lower, which pushes the euro higher, which leads to downward pressure on European stocks on fears that a stronger euro will hurt European exports
Bond rout resumes, Treasury volatility soars, as Greece dashes all of yesterday’s optimism
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Now it’s dollar-off driving the markets–but for how long?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Greece gets a few days of breathing room
Today, May 6, the European Central Bank threw Greece a very thin lifeline by extending an extra 2 billion euros in emergency liquidity to Greek banks
Deflation specter continued to haunt EuroZone in March
The European Central Bank’s 1.1 trillion euro program of asset purchases, which began in March, hasn’t so far ended the EuroZone’s deflation worries
Are EuroZone members putting in place a strategy for a Greek exit from the euro?
The strategy being pursued by the EuroZone toward Greece seems to combine continued pressure on the Greek government and its finances with moves that support the Greek banking system
Strong U.S. economic data pauses the euro rally
For the day, at least, strong economic news from the United States has sent the euro into retreat against the U.S. dollar.
Falling oil prices and a rising dollar hit U.S. stocks today
Weaker oil prices and a stronger dollar are driving U.S. stocks lower today. A pessimistic monthly report from the International Energy Agency has contributed to the fall in oil