financial news

Asia extended the euro's recovery, but developments in Europe have seen it surrender the earlier gains and move back toward the lows seen in North America yesterday near $1.3360. The relatively light participation in the ECB's 84-day…

The euro sold off amid the rumors of the S&P decision to put on credit watch 15 euro zone countries. Spared was Greece, in a world of its own, and Cyprus, which was already on credit watch. It sold off further in Asia, but Europe has…

News links for 5 December 2011 featuring stories on Europe, the sovereign debt crisis, and shadow banks,

The US dollar is beginning the week on a softer note, but well within recent ranges. Most of this week's key events lie ahead. The day earlier than planned and somewhat larger Italian austerity plan coupled with talk of ECB purchases has…

News links for 4 December 2011.

News links for 3 December 2011

News links from 2 December 2011 include links on the European sovereign debt crisis, the UK economy, the latest on mortgages and technology as well as other stories.

The dollar is trading on an easier footing as risk improves ahead of payrolls and hope of EZ action. US private payrolls expected to come in at 150k; strong report likely to be supportive of sentiment. Merkel calls for treaty changes in…

ISM - ISM Report - November 2011 Manufacturing ISM Report On Business® "The PMI registered 52.7 percent, an increase of 1.9 percentage points from October's reading of 50.8 percent, indicating expansion in the manufacturing…

The major currencies are consolidating in yesterday's broad trading ranges, but the "real" action is in the European bond markets, with acceptable auctions in Spain and France, helping support of a bond market rally that was already…