360° Coverage : GLOBAL MARKETS-Euro falls on grim economic outlook, U.S. data...

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GLOBAL MARKETS-Euro falls on grim economic outlook, U.S. data eyed

Source: Reuters Mobile, Dec 7 2012, 2:52am CST

* Bundesbank cuts growth outlook as crisis bites * European stocks edge up ahead of U.S. jobs data LONDON, Dec 7 (Reuters) - The bleak outlook for the European economy knocked the euro and stalled gains the region's share markets on Friday, as investors ...

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3 hours ago

Germany's Lesson for Europe: Reform Needs Growth

Source: The Huffington Post | May 25 2013, 10:38am CDT

The great debate in Europe these days over austerity vs. growth is turning a corner. Here, Gerhard Schroeder -- who initiated Germany's own structural reforms a decade ago -- joins Jacques Delors, former president of the European Commis ...

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Update

5 hours ago

EUR/USD Forecast May 27-31

Source: Forex Crunch | May 25 2013, 9:02am CDT

EUR/USD managed to recover an remain resilient in a week that saw a lot of turbulence. Can the euro remain stable or will the talk about the next moves of the ECB weigh on the euro? German retail sales, inflation and employment dat ...

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24 weeks ago

Quote:
"It is unusual that a negative growth projection for the next year is offered before the end of the current year, but with such a view, markets are naturally pricing in an interest rate cut"

Source: Reuters Mobile

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9 hours ago

European Union Issues and Policies

Source: Term Paper Warehouse | May 25 2013, 4:35am CDT

Name: Course Name: Course Instructor: Date of Submission: Executive Summary The current policies of the European Union continues to play an important role in the development of member states both in the political, economical, s ...

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19 hours ago

German consumers more likely to spend, index reaches 6.5 in June

Source: The Star Malaysia | May 24 2013, 6:22pm CDT

BERLIN: Higher real wages have German consumers feeling more inclined to spend than at any point since the US subprime crisis, further boosting German recovery hopes and brightening the outlook for the eurozone. Eur ...

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French government trying to woo executives and entrepreneurs

Source: GulfToday.ae | May 24 2013, 3:59pm CDT

PARIS: The French government is trying to woo executives and entrepreneurs, amid concerns that it has antagonised the businesses needed to reinvigorate the economy. Finance Minister Pierre Moscovici announced on Friday tha ...

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22 hours ago

FOREX-U.S. dollar marks worst week vs yen in a year

Source: Reuters Mobile | May 24 2013, 3:51pm CDT

* Yen's rebound can extend further, but weaker trend intact * Euro posts 1st weekly gain in three vs dollar after German Ifo NEW YORK, May 24 (Reuters) - The dollar posted its worst week against the yen in a year on Friday as volatility in stocks and unc ...

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23 hours ago

Eurozone more stable, needs a more European UK: Draghi

Source: China Post | May 24 2013, 2:33pm CDT

LONDON -- The eurozone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and banking union plans, European Central Bank President Mario Draghi s ...

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23 hours ago

European stock markets steadier after sharp drop

Source: China Post | May 24 2013, 2:33pm CDT

LONDON/HONG KONG--European stock markets rebounded modestly on Friday, following sharp losses suffered the previous day, failing to record bigger gains despite positive German economic data. London's benchmar ...

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1 day ago

Exclusive: DBRS to rate all euro zone sovereigns by year-end

Source: FOX Business | May 24 2013, 1:46pm CDT

NEW YORK – DBRS plans to rate the credit of all euro-zone sovereigns by year-end, from the current 10 of 17, which will give the now-missing countries one more way for the ECB to weigh how valuable each nation's debt is ...

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360° Coverage : GLOBAL MARKETS-Euro falls on grim economic outlook, U.S. data...

GLOBAL MARKETS-Euro falls on grim economic outlook, U.S. data eyed

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Quote: "It is unusual that a negative growth projection for the next year is offered before the end of the current year, but with such a view, markets are naturally pricing in an interest rate cut"

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"It is unusual that a negative growth projection for the next year is offered before the end of the current year, but with such a view, markets are naturally pricing in an interest rate cut"