Majority of experts believe that the debt crisis enveloping the eurozone can be termed as the most serious and instant threat to the British economy. The first report from the UK’s Financial Policy Committee (FPC) also supports this belief. Sir Mervyn King, Governor of the Bank of England and one of the founder members of [...]
After a big drop yesterday, oil prices were hovering the mark of above $91 a barrel toady. This has come after the announcement of International Energy Agency (IEA) regarding the release of emergency crude supplies. According to media reports, benchmark oil for August delivery was up 20 cents to $91.22 a barrel in electronic trading [...]
The dollar saw a jump while stocks dip after the announcement of US Federal Reserve that it would maintain the size of its balance sheet. However, Fed was a bit more cautious regarding the inflation pace. As expected, markets did not react too sharply to the Fed, identical to the non-reaction to the Greek government’s [...]
For lots of people in Britain, the apparent death throes of the single currency allow a smug sense of “we told you so”. The current crisis was as predictable as it is familiar. In my opinion, it offers validation for the view Britain adopted two decade ago when it was ignominiously forced out of the [...]
There was a jump in the U.S. stock futures, clear sign that the Standard & Poor’s 500 Index may gain for a fourth day, as investors pretty much believe that Greek Prime Minister George Papandreou will win a confidence vote. In terms of statistics, 3M Co. (MMM) and Alcoa Inc. climbed in German trading. On [...]
Majority of experts believe that the debt crisis enveloping the eurozone can be termed as the most serious and instant threat to the British economy. The first report from the UK’s Financial Policy Committee (FPC) also supports...
After a big drop yesterday, oil prices were hovering the mark of above $91 a barrel toady. This has come after the announcement of International Energy Agency (IEA) regarding the release of emergency crude supplies. According to...
The dollar saw a jump while stocks dip after the announcement of US Federal Reserve that it would maintain the size of its balance sheet. However, Fed was a bit more cautious regarding the inflation pace. As...
For lots of people in Britain, the apparent death throes of the single currency allow a smug sense of “we told you so”. The current crisis was as predictable as it is familiar. In my opinion, it...
There was a jump in the U.S. stock futures, clear sign that the Standard & Poor’s 500 Index may gain for a fourth day, as investors pretty much believe that Greek Prime Minister George Papandreou will win...
