Greek politicians Thursday agreed on further austerity cuts totaling EUR 3.3 billion in order to secure a second bailout. The deal was intended to unlock EUR130bn in new loans and save Greece from a potentially disastrous default. 5 Vote(s) Read More US Day Ahead Michigan Consumer Sentiment Index, Trade Balance in Focus
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In Greece there appears to be a new agreement to cut a further 1.5% of GDP in spending amongh the key parties, but the deadline for signing off with the troika is fast approaching tomorrow at 11 a.m. local time. Will Greece agree to troika terms and more importantly, Read More The Week Ahead Greece [...]
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Barcap staff face bonus cut-back, and results from Rangold, Xstrata and Reckitt Benckiser. Read More Business week ahead February 6 10
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The Indians, stormed “senior government sources,” had gone for the “Asda option instead of Waitrose”. Read More Turbulence ahead with Indian jet deal
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FXstreet.com (C?rdoba) – In his testimony at the House panel Ben Bernanke ensured that the USD is a… For more information, read our latest forex news. Read More Forex Flash Nervousness ahead of NFP is likely to weaken the USD even further UBS
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This week is guaranteed to produce volatile market action, with plenty of headline risk and a raft of interesting data releases on the economic calendar. Stay tuned and stay careful out there. This week is a busy one, with Asian markets fully back on-line (though many in China are not Read More The Week Ahead [...]
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Market sentiment is shaky and headline risk remains high ahead of the EU Summit in Brussels and amid Greek resistance to economic oversight. Concerns that the debt crisis is spreading is reflected in Portugal’s record high CDS levels and widening sovereign yield spreads despite decent Italian auctions. Also weighing on Read More Euro Softer ahead [...]
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FXstreet.com (Barcelona) – The week end is over and no agreement has been reached in the PSI… For more information, read our latest forex news. Read More Forex EURUSD below 13200 ahead of EU Summit
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Sustained growth either boom nor bust remains the theme for this economy and has been our outlook now for some time. Real GDP rose at a 2.8 percent pace in the fourth quarter and is up 1.6 percent from a year ago. The gains in the fourth quarter Read More GDP Modest Growth Continues Sustained [...]
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FXstreet.com (San Francisco) – AUD/USD is well under pressure at the start of trading this… For more information, read our latest forex news. Read More Forex Aussie slides to 10470, CPI figures ahead
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