Posts tagged as: European Session

Euro’s Sovereign Debt Crisis Simmering Behind US Deficit Headlines

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Euro’s Sovereign Debt Crisis, there’s still a financial crisis simmering in Europe. Yet, with all the market headlines from the past week, it is al…

3 Releases Showing Germany’s Economy May Be Slowing…

Berlin Mitte by Night

The most recent bout of financial turmoil undercut that EUR strength in the medium term, and the 2 main questions going forward will be if the mark…

Moody’s Puts US on Review for Downgrade, Obama and Cantor Feud at Debt Negotiations

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The impasse in regards to passing an increase to the debt ceiling and the consequences associated with that have come home to roost as we have Moo…

Europe Update

European Crisis

Euro zone summit meeting originally planned for Friday has apparently been delayed – probably until next week or until an agreement can be announced..

Greece: Next Tranche of Aid expected to be approved tomorrow

Greece Budget

Greece Next Tranche of Aid expected to be approved tomorrow, The WSJ reports the euro zone Finance ministers will hold a conference call tomorrow a…

Greece Banks to Propose Rolling Over 50% of Debt

Greece Banks

The Greek parliament is expect to vote on the new austerity package on Wednesday or Thursday. The German finance minister, Wolfgang Schaeuble, made…

EUR Remains Under Pressure Despite EU Pledge as Traders Focus on Greek Austerity Vote Next Week and Italian Banks

The EUR

At the same time markets were still selling the EUR today as there is no guarantee that the Greek austerity measures will pass the Greek parliament…

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