Market News

More Austerity for the Euruzone?

It takes two to tango. Because the ECB has done its part by buying debt-ridden European countries more time through the LTRO, policymakers are calling on governments to step up their austerity measures to help resolve the debt crisis.

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Why Do Those Euro Zone PMIs Matter?

Unlike the Hunger Games movie which garnered plenty of rave reviews in its opening week, this month’s set of euro zone flash PMIs turned out to be a huge flop. Find out what these figures mean for the euro zone economy and its currency.

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China Rebalancing! Is it an oxymoron?

I got a bit of a chuckle out of IMF Chief Christine Lagarde. She recently praised China for its “rebalancing efforts.” What a pain it must be to have to lie publicly on a regular basis in an effort to keep the key players agreeable so you can attempt to conduct coordinated global policy.

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3 Reasons Why the Euro Rally Could Carry On

After taking a beating from the dollar during the early part of the week, I’m pretty sure euro bulls had a lot to be thankful for last Friday. But you know what? I have a feeling that we haven’t seen the end of the euro’s rally yet. Here are three reasons why.

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How we spend our days is of course how we spend our lives.Annie Dillard