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Euro Finance Ministers will meet today to discuss how to increase the leverage of the European Financial Stability Facility.
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Today’s key event will be the press conference of European Central Bank President Mario Draghi. The ECB will announce its rate decision today and is [...]
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The U.S. will release Non-Farm payrolls data later today. Markets are expecting the addition of 209K new jobs in the month of February and the unempl[...]
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We have two Central Bank rate announcements today. First, we will have the U.S. Federal Reserve announce its rate decision. The Fed is expected to ke[...]
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U.S. Q4 GDP Estimate Due Today
The U.S. will release the first estimate of 2011 fourth quarter GDP. Recent economic reports from the U.S. show tha[...] read more »
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The U.S. will release the first estimate of 2011 fourth quarter GDP. Recent economic reports from the U.S. show tha[...] read more »
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Europe grabbed headlines last week as we saw the last EU summit for 2011 trying to salvage the crisis in the euro zone.
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Hungary, which is part of the European Union, has attracted headlines this week as the country desperately tries to avoid a bankruptcy.
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The Bank of England kept rates on hold at 0.5% yesterday and announced further expansion in the asset purchase program by 50 billion pounds.
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Greece approved the austerity measures which were a prerequisite for the country to receive it second bailout package.
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The Bank of Japan announced today that it would increase the size of its asset purchase program while keeping interest rates near zero.
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The markets reacted positive to headline news that a deal was reached on how to leverage the firepower of the European Financial Stability Facility ([...]
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USDJPY Moves Closer to 76.00
Japanese household spending rose in December by 0.5%. This was much better than the 0.1% drop expected by analysts. read more »
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Japanese household spending rose in December by 0.5%. This was much better than the 0.1% drop expected by analysts. read more »
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The Euro Finance Ministers are continuing to meet today to solve the current crisis. Any announcement from the meeting will be watched closely by tra[...]
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The Reserve Bank of Australia kept interest rates on hold at 4.25%. RBA Governor Glenn Stevens said that growth is expected to be close to trend and [...]
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We will see release of the ADP report today from the United States. Analysts are expecting the report to show that 189K jobs were created by the pr[...] read more »
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