financial news

Highlights The US dollar and the yen are back in black today, as the markets are expressing doubts that the weekend EU/IMF plan will be successful in preventing eventual debt restructuring for Greece and the other peripherals.  While…

Equity markets have responded well to the EU's new liquidity schemes.  But the single currency is tanking, after EUR shorts caused it to pop just after the announcement. What does this mean? Maybe the markets sense a large…

As in 2008, when global financial institutions were under attack, we are now facing a solvency crisis. This time the issue is Eurozone sovereign governments.  Make no bones about it, the EU's trillion dollar gambit has worked and a…

Subscribe to Our News Feed If you would like to receive our links in real-time please follow me at @edwardnh or go to our site’s News Feed. What Makes a Successful Currency Union? | Prospects for Development Wall Street Faces Call…

Highlights The US dollar and the yen are weaker across the board as the global market digest this weekend European Stabilisation Programme (see below). The scandies were the strongest performers in the G10 world (with the SEK and NOK up…

If you would like to receive our links in real-time please follow me at @edwardnh or go to our site’s News Feed. Landtagswahl in NRW: SPD spekuliert auf Rot-Gruen | FTD.de BBC News - 'Pakistan Taliban' behind Times Square bomb plot…

If you would like to receive our links in real-time please follow me at @edwardnh or go to our site’s News Feed. FT.com - Uncovering the true level of US and UK public pension liabilities Tattling for Dollars: The Ranks of IRS Tax…

Last week's most popular US GDP growth rate is unsustainable; recovery will fade What caused the crash? The market is crashing right now; Greece is Lehman 2.0 MMT: Hyperinflation in the USA The Age of The Trader…

The Employment Situation Survey was very bullish. We saw non-farm payrolls up 290,000 and a net upward revision of prior month of 121,000.  Moreover, there was an over 230K improvement in both private sector jobs and job gains ex.…

Highlights The US dollar is broadly mixed in still volatile market conditions.  The euro has been boosted by indications of a G7 conference call.  Sterling has been punished in the wake of the indecisive electoral outcome. …