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Dec 20, 12 •
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MARKET OVERVIEW 2012-12-19 16:06 GMT All Eyes On Bank of Japan Following Abe Win Now that the Japanese lower house elections are over, trader focus is being placed on the Bank of Japan’s monetary policy decision – taking place over the next two days. This...
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Dec 19, 12 •
2714 Views •
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MARKET OVERVIEW 2012-12-18 23:04 GMT Standard & Poor’s upgrades Greece from selective default to B- outlook stable Two weeks later after credit agency Standar & Poor’s downgraded Greece to selective default, it has lifted again the rating...
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Dec 18, 12 •
8232 Views •
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MARKET OVERVIEW 2012-12-17 16:40 GMT Fiscal Cliff Talks Thaw It seems that Republican stances are softening as the clock ticks down to the New Year, and the US approaches the activation of the Fiscal Cliff. In the newest round of discussions, Republican...
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Dec 17, 12 •
4956 Views •
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MARKET OVERVIEW 2012-12-14 07:00 GMT U.S. Fiscal Cliff: Republican leadership softens stance on tax rates The Fiscal Cliff negotiations are showing signs of progress after the weekend brought an offer from GOP lawmakers to allow tax rates to rise on those...
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Dec 16, 12 •
2797 Views •
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MARKET OVERVIEW 2012-12-14 07:00 GMT Leaders debate EMU consolidation after bank supervision deal In order to achieve the completion of EMU, the 27-countries bloc made further progress on the roadmap to achieve such goals, after the agreement for a Euro bank...
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Dec 13, 12 •
9056 Views •
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MARKET OVERVIEW 2012-12-13 07:15 GMT Deal on ECB to oversight top EZ banks by end 2013 After the agreement among EU finance ministers to allow the ECB to supervise banks in the Euro-zone, a stream of follow-up headlines continues via Reuters, saying that the...
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Dec 12, 12 •
5312 Views •
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2012-12-12 07:15 GMT Greek banks tender rest of Greek debt holdings to help reach buyback target According to reports, Greece has reached the bond buyback target at 31.5 billion euros on Tuesday. The deadline for submitting bids was extended by one more day...
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Dec 11, 12 •
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2012-12-11 07:10 GMT Silvio Berlusconi Makes Trouble For EURUSD Bulls Although the single currency is higher on the day, it’s abundantly clear that the recent resignation by Italian Prime Minister Mario Monti is keeping Euro bulls at bay. The prime minister...
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Dec 10, 12 •
3265 Views •
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2012-12-10 07:14 GMT Italian PM Monti announces intention to resign; early elections likely in February The political news coming from Italy, in which current primer minister Mario Monti plans to resign once the 2013 budget goes through parliament and is...
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Dec 9, 12 •
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2012-12-06 16:46 GMT ECB, Berlusconi Hit EURUSD Hard Lower by 0.73% in the morning session, the EURUSD is being weighed down by major developments in Europe. Specifically, sparks of political instability in one of the troubled EU members, as well as a...
