News

OECD says growth outlook has got much worse | Reuters "The outlook for economic growth in developed countries has got much worse in the last three months, the OECD said on Thursday and urged central…

BoE holds steady, with markets awaiting the ECB press conference; European stocks firmer. Important speeches from Bernanke and Obama; Bernanke likely to signal potential measures. Brazil swaps and futures market pricing in significant rate…

House prices fall by 2.6%, says Halifax | Money | guardian.co.uk 'House prices fell by 1.2% in August, according to the latest Halifax index, ending three months of price rises."…

Markets continued to be dominated by the EZ sovereign debt crisis and the uncertainty surrounding key political events this month, which are likely to shape the market response in the months ahead. Of the key political events that take…

FT Alphaville » SNB euroquake, the analyst reaction – part one (tags: switzerland currency-intervention europe currency) In E-Mail Age, Postal Service…

Morning dominated by SNB’s decision to target EUR/CHF at 1.20; European stocks marginally higher. German August orders slumped -2.8%, first drop since March; US service-sector ISM key report today. In the EM space, China's economic growth…

The Decline of Manufacturing in America: A Case Study « naked capitalism (tags: manufacturing) Study plays down impact of bank ringfencing - FT.com…

US dollar broadly firmer vs. majors as global growth concerns, euro zone tensions pick up. Merkel's CDU lost weekend election in her home state of Mecklenburg-Western Pomerania. Risk assets under pressure, Swiss franc still outperforming;…

One and Done? - NYTimes.com (tags: obama jobs) BBC News - ECB chief Trichet warns Italy to stick with austerity (tags: italy ecb…

Vitriol for Bernanke, Despite the Facts - NYTimes.com (tags: federal-reserve politics) Alistair Darling memoirs: 'Working with Gordon Brown was like having…