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Market News

EU Stress Tests: What’s the Verdict?

Whew! The results of the EU stress tests are finally out and it looks like European banks can breathe a sigh of relief. It turns out that only seven out of the 91 banks received failing marks. Hmm, is this too good to be true?

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UK GDP: Hit or Miss?

What a busy, busy week for the pound! To cap off the week, we’ve got GDP data on deck? Will the UK hit or miss its targets for the 2nd quarter?

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A Case for Deflation

We’ve been hearing a lot of buzz recently on the possibility of deflation in the US. Because of this, I’ve decided to look more into this issue and discuss its possible effects on the US economy, and of course, the US dollar.

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Hungary Under the Spotlight… Again?!

Just this weekend, talks between Hungary and the IMF and EU broke down. Authorities from the IMF believe that Hungary was not doing enough to meet its budget deficit target and decided to postpone their assessment of Hungary’s loan program. Uh oh, is that Mr. Contagion Fears knockin’ on the euro’s door?

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Daily Economic Roundup – July 19, 2010

After losing for the most part of last week, the dollar and yen decided they had enough and staged a magnificent rally last Friday. Interested to see how they did it? Find out for yourself in my daily roundup! I’ll also make sure to tell you about what’s coming up this week!

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Money is something you have to make in case you don't die.Max Asnas