10 Updates

Prospects for the euro carry trade

Source: Ferraris for All: In Defence of Economic Progress, Nov 10 2012, 4:38am CST

This article for the November issue of IPE (Investment ...

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Update
10

9 minutes ago

Defining Moments in 'Currency War'

Source: Wall Street Journal  |   May 22 2013, 1:14pm CDT

By David Wessel The Japanese yen has fallen 25% against the U.S. dollar since September, a decline encouraged by the new Japanese government and central banker. The Swiss franc has been holding steady against the euro only because the country ...

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Update
9

59 minutes ago

Praet says ECB can expand its tools to fight crisis

Source: Reuters  |   May 22 2013, 12:24pm CDT

WASHINGTON May 22 (Reuters) - The European Central Bank could expand its monetary policy toolkit if needed to respond to threats to price stability, and must ensure the euro zone economy does not enter a downward spiral, ECB Executi ...

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Update
8

1 hour ago

PIMCO: How to Turn the ECB Straggler Into a Central Bank Pacemaker

Source: Minyanville  |   May 22 2013, 11:44am CDT

Editor's note: This article by Myles Bradshaw originally appeared on PIMCO. The U.S. Federal Reserve (Fed), Bank of Japan (BoJ) and Bank of England (BoE) have all been heavily engaged in asset purchases. The European Central Bank (ECB), in co ...

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Update
7

1 hour ago

Bernanke comments spur volatility, but stocks, dollar gain

Source: Yahoo News: Business  |   May 22 2013, 11:29am CDT

By Ryan Vlastelica NEW YORK (Reuters) - Stocks, bonds and currencies took a wild ride on Wednesday after Federal Reserve Chairman Ben Bernanke said the U.S. central bank's massive bond-buying program woul ...

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Update
6

2 hours ago

ECB's Weidmann tells France: Don't repeat budget mistakes

Source: Reuters Mobile  |   May 22 2013, 11:18am CDT

PARIS (Reuters) - France must step up reforms to rein in its budget deficit, Bundesbank chief Jens Weidmann said in a magazine interview, urging Paris to avoid repeating "the mistakes of the past." The European Commission has propos ...

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Update
5

3 hours ago

[Ticker] Parliament demands ECB oversight

Source: EUobserver.com  |   May 22 2013, 9:35am CDT

MEPs Wednesday demanded guarantees that the European Central Bank's supervisory arm will be directly accountable to the European Parliament. Although the Parliament does not have co-decision powers on the ECB regu ...

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Update
4

4 hours ago

Lessons Europe Can Learn From Abenomics

Source: Smartmoney.com  |   May 22 2013, 9:18am CDT

Want to see how this story relates to your portfolio? Just add items to create a portfolio now: Prime Minister Shinzo Abe is trying some bold ideas to get Japan growing again. Maybe Europe should listen to him. The ...

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Update
3

4 hours ago

Euro Euphoria to Fizzle on ECB- EU Looks to Buy More Time

Source: DailyFX  |   May 22 2013, 8:40am CDT

The Euro climbed to an overnight high of 1.2954 asEuropean Union Economic and Monetary Affairs Commissioner Olli Rehn pledged to do whatever it takes to combat record-high unemployment, but it seems as though the European Central Bank (ECB) will come un ...

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Update
2

5 hours ago

Avoid These 3 Eurozone ETFs This Summer - ETF News And Commentary

Source: Zacks Investment Research  |   May 22 2013, 7:48am CDT

The Euro zone has seen weak GDP growth for yet another quarter, dropping 0.2% in Q1. Though this marks an improvement from the previous quarter’s decline of -0.6%, it is yet another major blow for the single currency bloc struggling to re ...

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Update
1

5 hours ago

Credit rating firms sow doubt on euro zone bond rally

Source: Reuters Mobile  |   May 22 2013, 7:28am CDT

* Ratings agencies warn euro zone ratings still at risk * Favourable market conditions may be temporary-Moody's LONDON, May 22 (Reuters) - Credit rating firms say they could further downgrade the ratings ...

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