Business as usual: Euro down, dollar up and stocks fall
The relationship between the euro and the dollar remains the big driver in global financial markets.Today the euro fell against the dollar for the first time in five days. And that has put an end to the rally in U.S. stocks
European Central Bank says NO!!! to any Greek debt restructuring
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...Back to normal? The timing depends on the dollar and the euro
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...Don’t worry, Greece, Portugal and Ireland: The euro crisis has been good to these European exporters
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...German inflation climbs, raising the odds for another euro interest rate increase–and dollar, natch, falls on the news
Germany’s annual inflation rate climbed to 2.6% in April. That’s up from 2.3% in March and marks the fastest pace for German inflation in more than two years.
Portugal’s government falls just before key EU meeting
With European Union leaders set to begin a two-day summit today, March 24, Portugal’s government has collapsed. Late Wednesday night Portugal’s parliament rejected a new budget austerity plan, prompting the resignation of Prime Minister Jose Socrates.