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Apr 25, 13 •
8630 Views •
Market Analysis •
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2013-04-25 05:00 GMT Enrico Letta named Italian PM Italian President Giorgio Napolitano, who was reelected to the post last weekend, has given the mandate to form a government to center-left deputy leader Enrico Letta on Wednesday.After accepting the...
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Apr 22, 13 •
5773 Views •
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2013-04-22 03:52 GMT Japan escapes censure on the G-20 meeting he G-20 communiqué provied little fresh headlines to market participants, with the main take away on FX-relate news being the permissive stance towards Japan's monetary policies to beat...
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Apr 18, 13 •
4860 Views •
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2013-04-18 05:50 GMT Weidmann opens the door to an ECB rate cut and foresees a lost decade in Europe Jens Weidmann, the Bundesbank’s president, has affirmed that the European Central Bank could cut its interest rates if economic data continues...
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Apr 17, 13 •
2702 Views •
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2013-04-17 05:45 GMT IMF cuts global growth for fourth consecutive time, European recession likelihood 50% International Monetary Fund (IMF) trimmed its global growth forecast and urged European policy makers to use “aggressive” monetary policy as...
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Apr 16, 13 •
3648 Views •
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2013-04-16 03:28 GMT Portugal unveils new austerity measures to appease the Troika Troika inspectors arrived in Lisbon on Monday in order to carry out the seventh review of the country’s bailout program, since it had received 78 billion euros of aid in...
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Apr 15, 13 •
5868 Views •
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2013-04-15 03:50 GMT Eurogroup releases statement on Cyprus Eurozone finance ministers, who are holding talks in Dublin today, have released a statement on Cyprus in which they assure that the country has met all the requirements, allowing for the bailout...
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Apr 11, 13 •
2919 Views •
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2013-04-11 04:30 GMT Fed Minutes: QE to continue at least until midyear Minutes from the Fed monetary policy meeting held on 19 and 20 Mach and unexpectedly released several hours earlier than scheduled, revealed that the FOMC members continued discussing the...
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Apr 9, 13 •
3140 Views •
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2012-04-09 07:00 GMT EUR/USD lower in Asia, holds above 1.3050 EUR/USD is currently recovering at 1.3061 from fresh 3-week lows at 1.3034, reached ahead of a better than expected CPI figures in China year to date, showing an increase of +3.6% vs +3.3%...
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Apr 8, 13 •
7007 Views •
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2013-04-08 04:20 GMT Portugal to slash spending after court ruling setback Following the Portuguese constitutional court decision last Friday, in which certain austerity measures from the 2013 budget were rejected, Portugal's Prime Minister Pedro Passos...
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Apr 4, 13 •
5256 Views •
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2013-04-04 05:30 GMT IMF will lend 1 billion euros to Cyprus The IMF announced on Wednesday that its contribution to the Cyprus bailout would amount to 1 billion euros. It has also presented the harsh conditions of the aid. These include increases in taxes:...
